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Where there is no law, but every man does what is right in his own eyes, there is the least of real liberty
Henry M. Robert

PLANT SPLITS UP TO SURVIVE Restructuring of state shipbuilding enterprises prepared

13 November, 2012 - 00:00

The Ministry for Industrial Policy confirmed the final scheme for restructuring Mykolaiv’s 61 Communards State Shipbuilding Plant. The giant plant will be splits up into three state enterprises: Communard Transport, Building Complex and Communard Instrument. They also plan to establish branch companies and to put the plant out for privatization. The State Property Fund has ordered privatization be completed by the end of the year.

The plant’s trade union committee chairman Anatoly Kravchenko told The Day of 1,200-2,000 layoffs of workers with unneeded skills during the restructuring process. Today the plants have 6,700 employees. According to the trade union leader, all will be urged to take part in retraining programs.

Meanwhile, old debts still threaten to sink the plant. Wage arrears have reached Hr 5,450,000. The shipbuilders demanded the arrears be paid off during a meeting with newly appointed Director Mykhailo Zhelo, who was appointed to the post some days ago.

To calm the shipbuilders, they promised to pay Hr 570,000. The government will grant this much money according to the schedule of state support for the enterprise. The Cabinet’ decision was influenced by the fact that Ukraine is a co-purchaser of the refrigerators, manufactured for the Ukrainian Greek joint venture Lavinia – Pivdenreftransflot. According to Kravchenko, the debt should be paid off by July 10, but the ship builders agreed to wait until July 15.

 

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