Flensburg, 31 July 2020; Several businesses belonging to Tennor Holding are taking on 350 employees from the Flensburger Schiffbau-Gesellschaft (Flensburg shipbuilding company, FSG), including all 31 trainees and 9 students, in a combined work-study programme, as well as shipyard business assets, in the scope of a transferred reorganisation (in line with German insolvency law). The contract of sale has been notarised and the parties involved have agreed not to disclose the sale price. With that, Tennor Holding founder Lars Windhorst is honouring his promise to stand by the FSG, following its application for insolvency. The execution of the contract is…
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