Poland's Stocznia Szczecinska (Szczecin Shipyard) is profitable again and has started paying dividends.

"Together with our partners operating in our area we carry out contracts and investments related to revitalisation of our company," CEO Andrzej Strzebonski told the PNS news agency..

"We have already invested PLN 20m ($5.39m) in infrastructure and PLN 10m-worth of investments are currently carried out."

The average profit has reached about PLN 3m.