The United Kingdom puts Nevantia one step away from buying its bankrupt British partner Harland & Wolf

Navantia Is about to acquire four shipyards in the United Kingdom. The British media points out that after the bankruptcy of Harland and Wolf They put the Spanish public shipyard among the favorites to retain the construction company titanicIf it was like this a few weeks ago financial Times The one who aimed for this operation is now Wire One who practically takes it for granted. Navantia and Harland & Wolf have significant relationships, as two years ago they were awarded a macro contract with BMT to refurbish the company’s fleet. Royal Navy,

according to WireThe SEPI-controlled company will be in “advanced” and “exclusive” talks to buy the London-based company, which would include the acquisition of its shipyard. belfast (Northern Ireland), appledoor (England), aharnish And methyl (both in Scotland). The deal could close this November and would save up to a thousand jobs, which would be added to Navantia’s payroll.

Contract worth around Rs 2,000 crore

Harland & Wolfe announced on September 16 that it was entering bankruptcy administration due to its inability to close the financing round that would keep the company afloat. This crisis could jeopardize £1.6 billion (€1.915 million) contract with the UK Ministry of DefenseThe consortium proposal included the Harland & Wolff and Navantia manufacturing segments of the ships. Appledore and Cadiz Shipyard And then they were taken to Belfast for the assembly process.

The Prime Minister’s government faced the Harland and Wolff crisis. keir starmer The shipping company declined to intervene to save it, as a spokesman for the Department of Enterprise and Commerce said “the markets were best placed” to meet the industrial group’s financing needs.