The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture For Transport Equipment Manufacture Of Other Transport Equipment 30.1 - Building of ships and boats
200 jobs Number of planned job creations
Announcement Date
9 January 2017
Employment effect (start)
9 January 2017
Foreseen end date
31 December 2017
Description
On 9 January 2017, German shipbuilding company MV Werften announced the creation of approximately 200 jobs starting in 2017. The company has sites in Stralsund, Wismar and Rostock, the new jobs will mainly be located in Wismar.
MV Werften already started the construction works for the river cruise ships Crystal Ravel and Crystal Debussy in August 2016. These ships are major contracts for the company and the delivery date will be in 2017. Overall, the company has been contracted to build 9 ships within the next 5 years. Furthermore, MV Werften wants to start with the construction of prefabricated ship cabins.
The company is a subsidiary of the Malaysian conglomerate Genting. MV Werften employs about 1,500 staff in Germany.
Sources
9 January 2017: svz.de
9 January 2017: MV Werften press release
Citation
Eurofound (2017), MV Werften, Business expansion in Germany, factsheet number 90271, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/90271.
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