Word: szczecinska
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Dates: during 2002-2002
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...TIME Global Business. The group, which owned the yard where Lech Walesa led his worker's revolt, had shed its communist legacy to adopt market-economy practices such as product specialization and round-the-clock shifts. Now scandal at a competing shipyard may threaten Gdynia's success. The Stocznia Szczecinska shipyard, Poland's second largest shipbuilder, was forced in June to declare bankruptcy. Six of the company's former executives were arrested and charged with criminal mismanagement and fraud that led to $16 million in lost revenue. The yard's 6,000 former workers have been protesting daily, demanding that...
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