Are there opportunities within the shipyard for foreign direct investment?
For the time being, as you know, we have a 77-23 situation between HDW and FERROSTAAL. As far as attracting foreign investment, the rolling stock sector is of interest. However, we cannot and will not invest in the building of new large ships. This line of business now belongs to the Far East. Here, a ship is built piece by piece and that’s too expensive. In the Far East it is done in blocks of a minimum of 250 tonnes. And I do not have here the latest in modern technology -like robots to do the welding, the cutting, the panel lining. We cannot do what China is doing. China gets government aid to build the largest shipyard in the world with 70,000 employees. The European ship society is limited and I am not allowed to build new ships here. I am allowed to repair because that is what the Union is looking after. Furthermore to attract further investment in Greece things cannot continue in the same fashion. Demarcation lines between management and workers have to be observed. For example,
