Pella Sietas
Germany
Pella Sietas was a shipbuilding company in Neuenfelde, Cranz, in southwest Hamburg. It was created from the insolvent firm of J.J Sietas KG Schiffswerft GmbH u. Co. It was located in the estuary of the Este river at Unterelbe. On 29 July 2021 the company filed for insolvency. The insolvency proceedings against the assets of the responsible shipyard were open. The Yard was bought in auction for € 20 million. According to the city's plans, the site intended to use the land for flood protection and to house refugees. It was stored turbines parts in the halls for a company.
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