If the EC declares that the new structuring plans, due September 12, do not meet EC privatization laws then the Gdansk, Gdynia and Szczecin shipyards will have to pay back subsidies they have received since 2004. The threat of bankruptcy will no longer affect just Polish firms, but also international.
"There are about 500 suppliers from Poland and abroad. When it comes to building the ships, we cooperate with 28 firms, of which six are shipyard companies," said press officer with Gdynia shipyard Janusz Wikowski to Gazeta Prawna.
According to Gazeta Prawna, some 50 percent of the supplies come from imports. The Gdynia shipyard imports 40 to 47 percent of supplies while 53 to 60 percent of supplies come from Polish firms.
The Treasury Ministry is waiting until August 5th for new offers from investors interested in the privatization of the Gdynia and Szczecin shipyards.
The EC has given Poland until September 12 to submit new restructuring plans.