The Neptun Werft in Rostock, part of the Meyer Group, is set to receive support from the federal government and Lower Saxony. The crisis at the Meyer Werft in Papenburg may also see help on the horizon.
In addition, Neptun Werft is planning a cooperation with Warnowwerft for the construction of converter platforms for offshore wind power. The government's involvement in the Meyer Werft is contingent upon the disclosure of the owners' financial structure.
The government's promise of assistance has been well-received by the workforce and the maritime industry. However, concerns have been raised about the viability of the company and whether the government is deviating from its own guidelines.
The state's intervention in the Meyer Werft is subject to approval from the budget committee of the Bundestag. The involvement of a private investor with at least 30% equity participation is a requirement for government assistance.
The absence of a private investor thus far raises questions about the long-term prospects of the company. The decision on whether to proceed with the state's involvement is expected in the coming weeks.
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