B.V. Holding Purchases 78 Percent Stake in Okean

Thursday, September 28, 2000
Dutch B.V. Holding Maatschappij Damen has bought 78 percent of Ukraine's ship building plant Okean and will pay 26.3 million hryvnias ($4.8 million) for the stake, the State Property Fund said on Thursday.

The Dutch company, which has won a privatization tender, will also have to pay off Okean's tax arrears of 2.5 million hryvnias and cover salary arrears of 5.5 million hryvnias.

The plant, located in the city of Mykolayiv in southern Ukraine posted a pre-tax loss of 3.3 million hryvnias in the first half of this year. Last year the company had a pre-tax loss of 52.3 million hryvnias.

Maritime Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Transas to Supply TechSim Solutions to SUNY Maritime

The Navsim Services and Transas Americas Team, have been awarded contracts for supply of a combination of full mission, classroom and cloud based Transas Technical

FMT Options for another Towboat from Eastern

Eastern Shipbuilding Group, Inc. announce that Florida Marine Transporters, Inc. of Mandeville, La. exercised another additional 90’x32’x10’ “Canal Class” Inland

Wärtsilä Expects 5% Sales Growth

Wärtsilä announced its third quarter results, reporting that it sees good development in order intake and profitability. According to Wärtsilä, third quarter

 
 
Maritime Contracts Maritime Security Navigation Offshore Oil Port Authority Salvage Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0924 sec (11 req/sec)