P + S shipyards

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P + S WERFTEN GmbH

logo
legal form GmbH
founding June 7, 2010
Seat Wolgast and Stralsund Germany
GermanyGermany 
management Berthold Brinkmann (insolvency administrator)
Number of employees 1750 (as of 2012)
sales 410 million euros (2011)
Branch shipbuilding

The P + S GmbH BOATYARDS was a 2010 to 2014 existing shipyard group formed by the merger of Volkswerft Stralsund GmbH and Peene-Werft GmbH emerged. The headquarters of the management were in Stralsund , the headquarters of the company in Wolgast .

history

Before the merger, the two shipyards, Volkswerft Stralsund and Peene-Werft Wolgast, received loans of 48 million euros from the state of Mecklenburg-Western Pomerania. On June 7, 2010, the two shipyards were realigned. The shareholders are the Hegemann Group with around 7% and HSW Treuhand- und Beteiligungsgesellschaft mbH, a subsidiary of the Frankfurt-based Cornelius Treuhand GmbH, with around 93%. The history of the Volkswerft Stralsund, founded in 1945, and the Peene-Werft , founded in 1948, is documented on their own pages. With the start of the new company, two ferries ordered by Scandlines were laid down in Stralsund . In August 2010, the workforce agreed to do extra work free of charge. In January 2011 the company received a major order for five special cargo ships of various sizes from the Greenland shipping company Royal Arctic Line . In August 2011 there was an order intake of over 200 million euros for the construction of two offshore installation vessels for the Offshore Installation Group (OIG) based in Singapore and the keel-laying for two special freighters for the Danish shipping company DFDS .

From March 2012 the company got into an economic slump. In June 2012 it became known that the P + S shipyards, which according to their own information have orders for a few years, are short of EUR 200 million. In July 2012, the EU Commission conditionally approved a state guarantee in the form of a loan of 152.4 million euros for the P + S shipyards, so that further production was secured for the time being. An existing restructuring plan of the company was named as a condition. The federal government and the state of Mecklenburg-Western Pomerania each guarantee half of this amount. The employees agreed to participate in the rescue with 68 million euros.

In August 2012, Rüdiger Fuchs (previously a manager at Airbus and JJ Sietas ) became the company's new managing director and successor to Dieter Brammertz. Fuchs announced delivery delays for the two Scandlines ferries and two special freighters. On August 20, 2012 it was announced that the shipyards in Stralsund and Wolgast would not receive any further loans guaranteed by the federal and state governments. Since the agreed credit line is insufficient to complete existing orders, the company is on the verge of bankruptcy . No new ship had been delivered since April 2011 due to construction delays.

On August 29, 2012, the company filed for insolvency for its shipbuilding companies in Stralsund and Wolgast at the Stralsund District Court . The outstanding wages of the 1750 shipyard workers and social security contributions were paid by the Employment Agency in the form of bankruptcy payments until the end of October . Prime Minister Erwin Sellering (SPD) said that the state government had done everything that was legally possible and economically justifiable in recent months to support the shipyards and their employees. On September 13, 2012, the managing director Rüdiger Fuchs, who had only been appointed a month earlier, announced his resignation. Berthold Brinkmann from Hamburg was appointed as the insolvency administrator. At the same time, the Danish shipping company DFDS had initially withdrawn the construction contract for two ships worth 124 million euros due to delivery delays.

Meanwhile, the Rostock public prosecutor's office began preliminary investigations into suspected bankruptcy delay, because there were indications that the shipyards' insolvency could have been recognized in the spring of 2012 before the application for state rescue aid in the amount of 152 million euros. On September 28, at the request of the parties Bündnis 90 / Die Grünen and Die Linke, a parliamentary committee of inquiry was set up in the Mecklenburg-Western Pomerania state parliament .

The insolvency of P + S Werften also affects at least 17 supplier companies from Western Pomerania with a total of 200 employees who had to apply for short-time work at the Employment Agency. The KLH-Kältetechnik-Gruppe from Bad Doberan suffered losses of 1.7 million euros and on October 13, 2012 filed a lawsuit against the Mecklenburg-Western Pomerania Ministry of Economics for inaction. On October 23, 2012 it became known that around 140 employees were also losing their entitlement to payment of partial retirement benefits because the former management of the shipyard failed to conclude a trust agreement for the amounts saved by the employees. The total amount of around 3.8 million euros will now flow into the bankruptcy estate . Originally, the employees were able to have 82 percent of their salary paid out over a period of three years; the remaining amount went to a separate account and was intended to form the basis for partial retirement .

On October 31, 2012, the insolvency loss allowance for the 1,750 employees at P + S Werften expired. Around 1050 of the 1250 employees in Stralsund and 110 employees in Wolgast switched to the transfer company on November 1st. Up to and including June 2013, 1,681 employees moved to this transfer company, which was funded by the state of Mecklenburg-Western Pomerania with 25 million euros, 205 left the company because they had found another job; 163 of them at the Wolgast shipyard. In December 2012, the Wolgaster Peene shipyard was sold to the Bremen Lürssen shipyard with effect from May 1, 2013 for just under 20 million euros . On June 1, 2014, Nordic Yards bought the shipyard in Stralsund.

In March 2013, the Rostock public prosecutor initiated an investigation against several former and current managing directors of P + S Werften because of the initial suspicion of delaying bankruptcy . Most of the workers in the transfer company are employed in Stralsund; There they worked on two shipbuilding orders from the P + S shipyards at the Volkswerft for the newly founded Stralsund shipbuilding company until the beginning of 2014; of the 1681 workers who switched to the transfer company from November 2012 onwards, 833 were employed at the beginning of July 2013.

Building program

Overseas ships up to Panmax size can be built at the P + S shipyards in Wolgast and Stralsund , and ship repairs are also carried out. The new construction program includes heavy lift ships , RoRo ships , ferries , tugs , ships for the navy and coast guard protection, dredgers, utilities and anchor-handling tugs . Special ships and newbuildings with the highest ice class are special features of the shipyards. Cable layers and installation vessels for wind turbines and the offshore industry have recently been part of the new construction program.

In January 2011, a new building with the yard number 504 was contracted, a major order with the official designation OCV ( Offshore Construction Vessel ) that is to be built at the Stralsund site. It is a heavy-duty ship 180 m long and 32 m wide. It is equipped with a heavy lift crane with a load capacity of 2000 t and, as is usual with these types of ships, has a helicopter landing pad . It is to receive a GPS- controlled system for dynamic positioning , which allows to automatically hold the respective position of the ship at sea.

At the beginning of 2011, the P + S shipyards had 20 shipbuilding contracts with this order, including the construction of two Scandlines ferries and two roll-on / roll-off special transporters for the shipping company DFDS .

literature

  • Heavy blow to German shipbuilding . In: Daily port report of August 30, 2012, pp. 1–3
  • Klaus Nienaber: Temporary end of the P + S shipyards . In: Hansa , issue 10/2012, pp. 20/21, Schiffahrts-Verlag Hansa, Hamburg 2012, ISSN  0017-7504
  • Transfer company founded for all employees . In: Hansa , issue 11/2012, p. 28, Schiffahrts-Verlag Hansa, Hamburg 2012, ISSN  0017-7504

Web links

Individual evidence

  1. nordkurier.de: Sales billionaires make themselves rare in MV , January 18, 2012 ( Memento from January 21, 2012 in the Internet Archive )
  2. P + S shipyards in Western Pomerania are missing 200 million euros , Hamburger Abendblatt , May 30, 2012
  3. P + S can continue production · Brussels approves rescue loan with reservations . In: Daily port report of July 12, 2012, p. 16, Seehafen-Verlag, Hamburg 2012, ISSN  2190-8753
  4. Sharp conditions for rescue from P + S . In: Hansa , Heft 7/2012, S. 55/56, Schiffahrts-Verlag Hansa, Hamburg 2012, ISSN  0017-7504
  5. ^ Rescue aid for P + S Werften approved , Schiff & Hafen , June 13, 2012
  6. P + S before bankruptcy. Shipyard crisis claims next victim . ( Memento of August 22, 2012 in the Internet Archive ), Financial Times Deutschland of August 20, 2012, accessed on August 20, 2012
  7. Shipbuilding: P + S shipyards filed for bankruptcy. Focus Online, August 29, 2012, accessed August 29, 2012 .
  8. http://www.ndr.de/regional/mecklenburg-vorpommern/pswerften207.html
  9. http://www.abendblatt.de/wirtschaft/article2412848/PS-Werftarbeiter-bangen-um-Altersvorsorge.html
  10. ^ Ostsee-Zeitung, "P + S: Half of the shipbuilders in Wolgast and Stralsund without a job", July 2, 2013
  11. Peene Werft sold: P + S Werften go their separate ways , Handelsblatt online, December 17, 2013
  12. ^ NDR: Much approval for the sale of the Volkswerft ( Memento from May 31, 2014 in the Internet Archive ), accessed on December 8, 2014.
  13. ↑ Delayed insolvency: Managers of the P + S shipyards are targeted by investigators , Handelsblatt online, March 22, 2013
  14. ^ Ostsee-Zeitung, "P + S: Half of the shipbuilders in Wolgast and Stralsund without a job", July 2, 2013