Privatization proceedings were initiated on the basis of the Resolutions of the Port of Gdynia Authority S.A. Supervisory Board No. 014/V/2010 dated 29.11.2010 on the consent to start the privatization process leading to the sale of 100% of shares of WUŻ - Shipping and Port Services Gdynia Co. Ltd held by the PGA S.A. in a public tendering procedure in accordance with Article 5 paragraph 3 of the Act of 16.12.2004 amending the law on ports and harbors, and amending certain other acts (Journal of Laws 2004.281.2782 as further amended). Company WUŻ - Shipping and Port Services Gdynia Co. Ltd provides towage and mooring services, and thus it is treated as an entity acting in the sphere of services and operation.
Two entities responded to the announcement published in "Rzeczpospolita" on 10.01.2011 on the public tender for the purchase of 100% shares of WUŻ - Shipping and Port Services Gdynia Co. Ltd and the offers to purchase the shares were submitted within the prescribed period, i.e. on 04 April 2011.
The company FAIRPLAY BV with headquarters in Rotterdam was selected in the course of the tender procedure; it offered the highest price for 100% of the shares.
According to the Board of PGA S.A., the goal of privatization, which is - apart from the statutory duty - to find a branch investor capable of securing the competitive position of the company on a sensitive towing services market - has been achieved.
The investor guarantees employment and preservation of working conditions and wages for a period of three years to the employees of. WUŻ - Shipping and Port Services Gdynia Co. Ltd
