Thyssenkrupp apparently wants to sell its submarine shipyard Marine Systems. The federal government is considering taking over shares, but selling them to a financial investor is also not ruled out.
The federal government is considering investing in the Kiel submarine shipyard Thyssenkrupp Marine Systems (TKMS). “We are thinking about it,” said Defense Minister Boris Pistorius (SPD) on the sidelines of a visit to Kiel. The federal government is examining entry, but these considerations have not yet been completed. This will last at least until the end of the year. The “Handelsblatt” had previously reported on the federal government’s considerations.
The marine company TKMS wants to become independent. Shipyard boss Oliver Burkhard had previously told the German Press Agency that “an independent Marine Systems is a better way forward: for Thyssenkrupp, TKMS, for our customers, for Berlin and therefore for Germany.” The company currently employs around 3,100 people in Kiel alone. According to reports, several variants seem possible: the entry of outside capital providers (private equity), an IPO or partial IPO and/or an entry by the state.
Construction of new submarines
The construction of new submarines for the German and Norwegian navies began with a celebratory ceremony at the shipyard on Tuesday. Germany has initially ordered two new boats and Norway has already ordered four. Germany has an option to purchase four to six more.
“There is no question that we want to,” said Pistorius. It is a question of timing. A decision will be made in the next one or two years. According to dpa information, the order for the six boats ordered for Germany and Norway has a volume of around 5.5 billion euros.
Source: Stern
