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Thyssenkrupp Marine Systems Acquires MV Werften to Expand Submarine Building Capacity

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Thyssenkrupp Marine Systems Acquires MV Werften to Expand Submarine Building Capacity

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thyssenkrupp Marine Systems HDW Class 212A Submarine
thyssenkrupp Marine Systems HDW Class 212A Submarine

thyssenkrupp Marine Systems (tkMS) is to take over the shipyard location of MV Werften in Wismar. The employees were informed about this development at a meeting today by the insolvency administrator, Dr. Christoph Morgen, in the presence of the Minister of Economics Reinhard Meyer, CEO Oliver Burkhard and IG Metall district manager Daniel Friedrich. With this move, one of the most traditional shipbuilding locations in Germany once again has a long-term outlook. The parties agreed not to disclose the purchase price. In addition to the necessary investments in the infrastructure, further qualification of the staff is also necessary. If the order situation allows, they will be recruited primarily from a transfer company set up for the former employees of MV Werften.

With a view to the future, thyssenkrupp Marine Systems could produce submarines in Wismar during the course of 2024. The main impetus for this is an order for more submarines from the German government and the resulting investments in the upgrading of the shipyard. The extent of such a commitment by thyssenkrupp Marine Systems depends on the scope of the contract award: more orders means more jobs. If production ramps up in the course of 2024, some 800 new employees could be hired by thyssenkrupp Marine Systems. Moreover, if additional orders are received in the surface sector, this number could even increase to over 1,500 employees at the Wismar site. In addition, there is consensus on, among other things, the employment of apprentices and the establishment of co-determination structures. This was agreed by thyssenkrupp Marine Systems and IG Metall Coast.

Reinhard Meyer, Minister of Economics of the State of Mecklenburg-Vorpommern, Oliver Burkhard, CEO tkMS, Ines Scheel, Chairwoman of the Works Council MV Werften, Daniel Friedrich, District Manager IG Metall Küste, Thomas Beyer, Mayor of the Hanseatic City of Wismar, and Dr. Christoph Morgen, Insolvency Administrator MV Werften (l.t.r.)
Reinhard Meyer, Minister of Economics of the State of Mecklenburg-Vorpommern, Oliver Burkhard, CEO tkMS, Ines Scheel, Chairwoman of the Works Council MV Werften, Daniel Friedrich, District Manager IG Metall Küste, Thomas Beyer, Mayor of the Hanseatic City of Wismar, and Dr. Christoph Morgen, Insolvency Administrator MV Werften (l.t.r.) (Photo Andreas Laible/TKMS)

Mecklenburg-Western Pomerania’s Minister of Economics Reinhard Meyer agreed: “Shipbuilding lives on in Wismar. The new owner, thyssenkrupp Marine Systems, has identified encouraging prospects for the shipyard site. In the past, the employees have successfully proven that they can build ships and master complex challenges.”

Said CEO Oliver Burkhard: “We come to Wismar to give not only Marine Systems, but also the location and the people here, a real perspective. Shipbuilding is where we come from and shipbuilding is where we want to go. And we will do this together with the workforce – and with as many as we can! We are convinced that together we can be successful and that this partnership is good for everyone.”

thyssenkrupp Marine Systems is one of the world’s leading naval companies with approx. 6,500 employees, and is active as a systems supplier for submarines and naval surface vessels as well as for maritime electronics and security technologies. More than 180 years of history and the constant striving for improvement allow the company to set new standards time and time again. thyssenkrupp Marine Systems offers its customers worldwide tailored solutions to meet the highly complex challenges of a changing world. The driving forces behind this innovative energy are the company’s employees, who shape the future of thyssenkrupp Marine Systems with passion and commitment every day.

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