Type
Business expansion
Country
Poland
Region
Polnocny; Pomorskie; Gdansk-Gdynia-Sopot
Location of affected unit(s)
Gdańsk and Gdynia
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Other Transport Equipment
30.11 - Building of ships and floating structures

300 jobs
Number of planned job creations
Job creation
Announcement Date
4 November 2019
Employment effect (start)
4 November 2019
Foreseen end date

Description

Ships building company Crist announced its plans to create between 300 and 500 additional new job positions over the next few years at the shipyard in Gdańsk. The company estimates that its profitability will amount somewhere between €100 million and €120 million with current and future contracts, thus building a portfolio that ensures stable work for the company over the next five years. In addition to this, the company plans to invest PLN 80 million (€18.63 million) in the modernisation of the shipyard with new machinery, automation and robotization of its production facilities in Gdynia and Gdansk.

Founded in 1990, the company specialises in shipbuilding, offshore constructions, steel structures, sea engineering, civil engineering.


Sources

Citation

Eurofound (2019), Crist, Business expansion in Poland, factsheet number 99131, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/99131.