Poland shipyard sale falls through again: government

WARSAW — Poland Friday said it had again failed to sell off two struggling shipyards, after receiving tenders for only a slice of what was on offer, three months after a deal with Qatari investors fell through.

The Polish treasury said that it had been able to attract buyers for just a 10.5-million-zloty (2.5-million-euro, 3.8-million-dollar) share of the 119 million zloty assets of the yard at Szczecin in the northwest.

The sale of another yard, at Gdynia in the north, was more successful but still a disappointed -- only 90 million zloty of its 300-million-zloty value found buyers.

The treasury now plans to organise an auction for the unsold assets.
Neither yard is set to continue producing ships.

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