Provisional insolvency administrator appointed for MV Werften

Created: 01/12/2022, 11:27 AM

A traffic light at the entrance to the MV Werft site with the large shipbuilding hall shines with a red light.

© Jens Büttner / dpa-Zentralbild / dpa

The Schwerin District Court has appointed a preliminary insolvency administrator for four of the eight insolvent MV Werften companies.

A court spokesman announced on Wednesday that it was lawyer Christoph Morgen from the Hamburg law firm Brinkmann & Partner.

Wismar - Christoph Morgen was ordered for MV Werften finished modules GmbH, MV Werften Stralsund GmbH, MV Werften Wismar GmbH and MV Werften Rostock GmbH.

Production is summarized there.

For the other four companies - MV Werften Holdings Limited and three real estate companies - a provisional insolvency administrator is to be appointed on Wednesday or Thursday, according to the court spokesman.

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The representative of IG Metall, Stefan Schad, welcomed the appointment.

This means that December wages, which have been overdue since last Friday, could be paid out, he told the German Press Agency.

He hopes this will be done quickly.

Schad and works councils of MV Werften spoke in the morning in the State Chancellery with Prime Minister Manuela Schwesig and Economics Minister Reinhard Meyer (both SPD) about the situation of the company with around 1900 employees and about the next steps.

Schwesig then wanted to appear in front of the press.

dpa