The details of the government's plan have not yet been revealed German to support the activity of the shipbuilding group Meyer Werft, but from the statements made during the visit to the shipbuilding company of Federal Chancellor Olaf Scholz and of the Prime Minister of Lower Saxony Stephan Weil, just concluded in Papenburg, it is clear that the plan for the support of financial structure to the company has now been defined and agreed by the parties even if it is not yet known whether it provides, as anticipated in the past few hours by "Reuters", the entry of federal and state government institutions in the share capital that is currently in the hands of the family Meyer.

Scholz and Weil confirmed their intention to support the shipbuilding company as part of a restructuring plan, announcement that - commented the CEO of the group Meyer, Bernd Eikens, and the corporate restructuring expert of the group, Ralf Schmitz - represents "a political contribution essential to give the shipyard, its thousands of employees, their families and business partners secure future prospects". "Now," they added we have the opportunity to put the crisis behind us, make the shipyard competitive again and direct it towards a profitable growth".

For his part, Bernard Meyer, Chairman of the Meyer Group, thanking Chancellor Scholz and Prime Minister Weil, stated that "the solution that has now been found is not It's easy for the family, but - he specified - we always argued that the company's interests take precedence over those of the family. We see - he underlined - a great opportunity to put the company back on track for the future and this is also demonstrated by the positive development of the portfolio orders have grown in recent months to 11 billion euros. The the Confederation, the State and the Commercial banks connected to us to support us in the form now - continued Meyer - also shows that for decades We have achieved with our company a special position in the shipbuilding sector. We know our business and see the opportunity for further successful development and long-term on our sites. With the agreement on the right to pre-emption for the family - specified Bernard Meyer confirming the inclusion of this clause in the agreement with the institutions - We have the opportunity to become a company again in Family. Being the second largest company after the public sector, including through participation in the Supervisory Board we will constructively support the further development of the shipyard".

The announcement of the agreement was greeted with extreme IG Metall Küste: "It is - highlighted the district director of the trade union organization, Daniel Friedrich - of a huge opportunity for a new a beginning that must be exploited". "The expected involvement of the federal government and the Land - he specified - will save not only the Papenburg and Rostock sites, but also important parts of shipbuilding throughout Germany." "This exemplary industrial policy cuts across the strategies of the parties - he added - will ensure the capacity of the shipbuilding and thousands of jobs in the Lower Saxony and Mecklenburg-Western Pomerania».

The restructuring plan, however, will not be painless for the employees of the shipbuilding group, redundancies are expected. Meyer Werft Works Council Chairman, Andreas Hensen, announced that a plan will be presented shortly based on a voluntary redundancy program.