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. Last Updated: 07/27/2016

German Workers Against New Owner

BERLIN — Hundreds of workers at an ailing shipbuilder in eastern Germany protested Friday against their new employer, former Russian Energy Minister Igor Yusufov.

Workers at the Wadan shipyards in Wismar and Warnemuende, two beach towns on the Baltic Sea, want to keep their old employment contracts and object to likely job cuts under Yusufov.

The workers’ union, IG Metall, broke off contract negotiations Tuesday, saying in a statement that the new Yusufov conditions include nearly a quarter lower wages and shorter vacation time.

Union officials also said that Yusufov only wants to keep workers currently building two ferries for Sweden’s Stena Line. The terms of his 40 billion euros ($59 billion) deal outlined last month stated that about 1,600 of 2,500 jobs at the yards are to be kept. A new company called Nordic Yards will be founded to run the facilities.