There are hopeful signs that a rescue could be in the works for the two shipyards owned by Germany’s FSG Nobiskrug — Flensburger Schiffbau Gesellschaft (FSG) in Flensburg and Werft Nobiskrug in
Provisional insolvency administrators Dr Christoph Morgen (L) and Hendrik Gittermann (R) during press conference at the Nobiskrug shipyard. [Photo: © Marianne Lins]
There are hopeful signs that a rescue could be in the works for the two shipyards owned by Germany’s FSG Nobiskrug — Flensburger Schiffbau Gesellschaft (FSG) in Flensburg and Werft Nobiskrug in Rendsburg, Provisional insolvency administrators Dr Christoph Morgen (whose name will be famliiar to those who have read our previous coverage of German shipyard rescues) and Hendrik Gittermann said today that the shipyards have received several offers from potential investors. Those investors, they said, are industry-related companies from Germany, not financial investors. The news was released during the visit of Schleswig-Holstein’s Prime Minister, Daniel Guenther, and State Minister of Economic Affairs, Claus Ruhe Madsen, to a staff meeting at the invitation of the workers’ union IG Metall Rendsburg
“Negotiations with interested parties are well advanced. This applies equally to the Rendsburg and Flensburg sites,” said Gittermann. Nonetheless, neither
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