Russians Snapping Up German Businesses

This week it was announced that two German shipyards had been sold to Russian companies, highlighting the growing trend of many German

companies being purchased by Russia. The Norwegian Aker Yards sold their rights to a shipyard in Warnemunde and in Wismar to a Russian fund

named FLC West. Aker Yards stated they were promised that no changes will be made to the number of staff or pay rates.

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