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German shipyard, rescued by the state, gets mega deal
German shipyard, rescued by the state, gets mega deal
Business and Economy
by  AFP

German shipyard Meyer Werft has received a mega order worth up to 10 billion euros ($11.7 billion), officials said Monday, a boost for the shipbuilder after a state rescue last year. "We talk about shipyards differently than we did even two years ago because they are systemically important," said Olaf Lies, minister president of Lower Saxony state, where Meyer Werft has its headquarters.