EMCC European Monitoring Centre on Change

Stocznia Gdynia

Company/Organisation:
Stocznia Gdynia

Geographic Location

Country: Poland
Region: Gdansk-Gdynia-Sopot; Pomorskie; Polnocny
Location of affected unit(s): Gdynia

Company

Sector: Manufacturing
Manufacture of transport equipment
30 - Manufacture of other transport equipment

Employment Effects

Announcement Date: 30-06-2009
Type of Restructuring: Business expansion
Foreseen End Date: 31-12-2009
Planned Job Creation: 2000

Additional Information

Qinvest, a large investment bank, has created 2000 new jobs through its purchase of a shipyard in Gdynia, Poland.

On 30 June 2009, the Polish Minister of the Treasury announced the identity of the investor purchasing the Gdynia shipyard (Stocznia Gdynia) - Qinvest, the largest investment bank in Qatar. The new investor has undertaken to hire 2,000 workers for the shipyard by late 2009; they are expected to build three or four liquefied gas tankers every year.