Pella Sietas to take over FSG?

Flensburger Schiffbau Gesellschaft (FSG) has announced that it is in negotiations with the German-Russian Pella Sietas Group regarding a possible purchase of the Flensburg-based shipbuilding company.
The talks with Pella Sietas have not yet been concluded and success depends on many factors, the FSG said. Furthermore, it is unclear how many jobs can be retained and how many have to be cut if Pella Sietas takes over FSG.

Article Editorial staff Ship&Offshore
Article Editorial staff Ship&Offshore