Type
Business expansion
Country
Germany
Region
Mecklenburg-Vorpommern; Stralsund; Kreisfreie Stadt
Location of affected unit(s)
Stralsund
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Other Transport Equipment
30.1 - Building of ships and boats

250 jobs
Number of planned job creations
Job creation
Announcement Date
1 June 2014
Employment effect (start)
28 May 2014
Foreseen end date
31 December 2014

Description

German shipyard Volkswerft Stralsund is to create 250 jobs in 2014. The shipyard previously belonged to P+S Werften which filed for bankruptcy two years ago (see P+S Werften 2012).

On 1 June 2014, the Russian investor Witali Jussufow bought the company and currently Volkswerft Stralsund is part of the shipyard Nordic Yards. By now, 50 people work there. A big part of the new jobs shall be offered to former shipyard employees. The new owner also promised to create 500 jobs in total by the end of 2016. 


Sources

  • 2 June 2014: NDR.de
  • 28 May 2014: Tagesspiegel
  • 28 May 2014: Handelsblatt
  • 28 May 2014: FAZ

Citation

Eurofound (2014), Volkswerft Stralsund, Business expansion in Germany, factsheet number 77139, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77139.