Corona consequences: MV Werften want to file for bankruptcy on Monday - 1900 jobs at stake

Created: 01/10/2022, 11:54 AM

The federal government had struggled with the Asian owner for days to rescue the ailing MV shipyards.

(In the picture: Managing Director Carsten Haake) © Jens Büttner / dpa-Zentralbild / dpa

The federal government, the state and the owner Genting Hong Kong have been wrestling for weeks to rescue the ailing MV shipyard group with more than 1900 jobs.

Now the company is pulling the rip cord.

Schwerin - According to its own information, the MV Werften Group will file for bankruptcy this Monday.

A spokesman told the German Press Agency that the employees had been informed about this step.

MV Werften is drawing the consequences of the ongoing financial crisis, which has put the company in trouble since the beginning of the Corona * pandemic.

First of all, the NDR reported.

The move was preceded by unsuccessful negotiations between the federal and state governments with the owner Genting Hong Kong to save the MV shipyards with more than 1900 jobs.

Those involved blamed each other for the halting discussions.

Buy in boom times

According to reports, the federal government was ready for a rescue package and further aid, but has so far not wanted to abandon its demand for the owner to make a contribution.

The owners recently said that there was no clear commitment to their shipyard.

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Genting Hong Kong acquired the shipyards in Rostock, Wismar and Stralsund in 2016 as a reaction to the then booming cruise market in order to have ships built there for the Group's own shipping companies.

But with the collapse of the industry as a result of the Corona crisis, the parent company got into difficulties that continue to this day.