AKINCI
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THYSSEN-KRUPP
Million penalty for delay in delivery at U-boats
Thyssen-Krupp has to pay 100 million penalty for delays in a submarine order from Turkey. The completion of six vehicles of the type U-214TN has been delayed by almost two years.
Frankfurt Thyssen-Krupp will have to pay for delays in a submarine order from Turkey. The construction of the six vehicles of the type U-214TN has been delayed for almost two years, told the Handelsblatt (Friday Edition) industry sources. The group will now have to pay 100 million euros of punishment.
The reason for the delay in completion of the submarines is only because of problems at Thyssen-Krupp an intra-Turkish dispute. The Procurement Agency and the Turkish navy fought for the jurisdiction in which Prestigprojekt as a source said.
The Kiel ThyssenKrupp subsidiary HDW-German Werft (HDW) had serious consequences: The technical requirements for the flotilla changed during the planning process several times.Every special request gave the German engineers overtime and significant additional costs for new components.
Even if it were Thyssen-Krupp succeed to shift responsibility for the delay on the Turkish side - the Group bears a significant share of the blame for the disaster. So I ordered HDW shipyard facilities, which have so not want the customer, says the insider. "This has led to a further delay of one year."
The company and the Turkish navy refused to comment on the project delays.
Thyssen-Krupp: Millionenstrafe wegen Lieferverzug bei U-Booten - Industrie - Unternehmen - Handelsblatt
Million penalty for delay in delivery at U-boats
Thyssen-Krupp has to pay 100 million penalty for delays in a submarine order from Turkey. The completion of six vehicles of the type U-214TN has been delayed by almost two years.

Frankfurt Thyssen-Krupp will have to pay for delays in a submarine order from Turkey. The construction of the six vehicles of the type U-214TN has been delayed for almost two years, told the Handelsblatt (Friday Edition) industry sources. The group will now have to pay 100 million euros of punishment.
The reason for the delay in completion of the submarines is only because of problems at Thyssen-Krupp an intra-Turkish dispute. The Procurement Agency and the Turkish navy fought for the jurisdiction in which Prestigprojekt as a source said.
The Kiel ThyssenKrupp subsidiary HDW-German Werft (HDW) had serious consequences: The technical requirements for the flotilla changed during the planning process several times.Every special request gave the German engineers overtime and significant additional costs for new components.
Even if it were Thyssen-Krupp succeed to shift responsibility for the delay on the Turkish side - the Group bears a significant share of the blame for the disaster. So I ordered HDW shipyard facilities, which have so not want the customer, says the insider. "This has led to a further delay of one year."
The company and the Turkish navy refused to comment on the project delays.
Thyssen-Krupp: Millionenstrafe wegen Lieferverzug bei U-Booten - Industrie - Unternehmen - Handelsblatt