Insolvency of the Fosen shipyard: Stralsund and Greifswald in worry about jobs

Insolvency of the Fosen shipyard: Stralsund and Greifswald in worry about jobs

The situation in Stralsund has dramatically worsened. The bankruptcy of the Fosen shipyard not only overthrew the 45 employees in great uncertainty, but also an impact on the traditional sailing school shipbuilding of the maritime monument "Greif". This shipyard, which has only been in Stralsund since 2022, is now on the edge of the abyss.

In a meeting with the employees, however, it became clear that there is at least hope. According to the shipmaker Andreas Jennsen, the shipyard workers will be able to work on their projects again from Tuesday, provided that the company will be connected to the power grid again as soon as possible. This connection had been interrupted due to payment problems and the associated termination of the lease. The stress in the coming days now lies with the city, which acts as a lessor and has to clarify the conditions for restoring the power supply. It remains to be seen whether a quick solution can be found.

The challenges for the city

An essential concern is the continuation of the work on the “Greif”, which is completely renovated under the direction of the Fosen shipyard. Greifswald, the city, which also supports the project, has already commented on the progress of this renovation. Mayor Alexander Badrow emphasizes that the insolvency administrator quickly examines the contractual agreements and initiates necessary measures to prevent the project from being shut down.

The bankruptcy not only raises questions about the future of the “griffin”. The shipyard industry in Stralsund has already suffered considerable setbacks in the past; Several shipyards had to close, often under the printing of high debts and inadequate orders. The complicated background of the Fosen shipyard illustrates the struggle that the region leads in the maritime industry.

the financial imbalance

On Wednesday, the city administration announced the termination of the lease, and only a day later, Fosen Stralsund GmbH reported bankruptcy. The debts that the company has accumulated in the city amount to at least one six -figure amount. The mayor said that Stadtwerke Stralsund had to park the electricity due to this situation to avoid financial losses. The difficulties of the Fosen shipyard are not only an internal challenge, but also affect urban finances and the people who are dependent on the jobs.

IG Metall has described the serious situation of the shipyard workers as "slap in the face", which illustrates the deep emotional and social effects of bankruptcy. The fate of the 45 employees now depends on the political negotiations and the decisions that will have to be made in the next few days. The entire shipyard location is on the brink again.

A look into the future of shipyards in the region

The events around the Fosen shipyard highlight the challenges with which the shipyards in Stralsund and the surrounding area have been confronted since the turn in 1989. Several companies have closed their doors in recent years, and shipbuilding in the region is faced with the question of how it can go on. However, the freshly burgeoning hope of stabilization is opposed to constant setbacks if solutions for the existing problems are not quickly found.

The fate of the foses and that of their employees reflects the uncertainties with which many are faced in the maritime industry. The coming days will be crucial for researching options for a possible salvation and for securing jobs by those affected.

consequences for the employees

The bankruptcy of the Fosen shipyard has profound effects on the employees. The uncertainty about their future jobs leads to great concern among the approximately 45 employees. Many of them face the question of whether they can stay in the industry or have to reorient themselves professionally. Unions such as IG Metall have already offered their support and require clear information from the insolvency administration to offer employees a perspective.

As a rule, the insolvency proceedings have opportunities for continuing the company that are examined by the insolvency administration. This could at least temporarily secure jobs. In this context, IG Metall speaks of a "slap in the face" for the workforce, since the shipyard had to struggle with economic difficulties beforehand.

The economic situation of the shipyards in Mecklenburg-Western Pomerania

The economic situation of the shipyards in Mecklenburg-Western Pomerania has been tense for years. Many companies have to deal with a falling demand, high operating costs and the competition from abroad. Stralsund is particularly affected because the region is historically dependent on the shipbuilding industry. The bankruptcy of the Fosen shipyards is not the first setback for the region; Before that, numerous shipyards had to close due to financial difficulties or register bankruptcy.

A look at the data locations shows that the shipyard industry in Germany is susceptible to seasonally and economically. According to a study by the association for shipbuilding and marine technology (VSM) from 2023, the order situation in the German shipyard industry is 20% lower than in the years before pandemic. This requires innovative approaches and urgently needed investments in new technologies to remain competitive.

The renovation process of the "Greif"

The "Greif" has a special meaning for the maritime tradition of Germany and is the only surviving sailing school ship that is being renovated on the historical shipyard in Stralsund. Your renovation runs through numerous bureaucratic and economic challenges. The bankruptcy of the Fosen shipyards could delay the creeping process of partial restoration that has been going on for years.

The city of Greifswald, which is also concerned about the "griffin", has already inquired about the contracts quickly. This is to ensure that the renovation is not shut down and the planned orders are continued quickly. The city is interested in preserving the "Greif" as a cultural heritage and securing its importance in the tourist sector.