Insolvency proceedings opened for MV shipyards in Schwerin

Created: 03/01/2022Updated: 03/01/2022 10:18 am

A sign with the lettering "MV Werften" hangs on the entrance to the shipyard.

© Stefan Sauer/dpa

The district court in Schwerin officially opened the insolvency proceedings for the MV Werften almost two months after receipt of the application.

The trial began at 10 a.m., the court said on Tuesday.

In total, applications were submitted for eight companies in the group in the state capital.