New Russian bid on P+S Werften

Russian shipyard group Nordic Yard is trying once more to acquire German P+S Werften. The Russian investor offers a EUR 15 million investment.

Last fall Nordic Yard made a bid to acquire P+S Werften, and now the Russian shipyard group is trying once again, with an offer to invest EUR 15 million in the German yard. If the deal is settled the acquisition will be effective from May 1st, according to World Maritime News.

“Shipbuilding remains an industry of the future with high growth rates in the markets in which Nordic Yards is represented: offshore wind, offshore oil & gas and ice-going vessels. Billions will also be invested in these markets over the coming years. Therefore we are planning a strategic expansion in capacity. To this end we require highly trained employees and are committing ourselves to the Stralsund maritime facility, its employees and suppliers,” says Jürgen Wollny, Executive Vice President of Nordic Yards, in relation to the bid on April 4th.

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