Norwegian shipyard Kleven is in such dire straits financially that it risks bankruptcy, informs its Croatian owner, the Div Group, which took over ownership in March, write several Norwegian media.
The shipyard has long been struggling financially, and if a solution is not found before tomorrow, July 1, the company might go belly-up, wrote the owner of the shipyard, Tomislav Debeljak, Friday in an email to media nett.no, according to Norwegian state media NRK.
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