Bazan 59B
Navantia is a Spanish state-owned shipbuilding company, which offers its services to both military and civil sectors. It is the fifth-largest shipbuilder in Europe and the ninth-largest in the world with shipyards around the globe. The heir to the segregation of the military assets of the IZAR Group in 2005, Navantia designs, builds and supports all types of surface vessels, Submarine, submarines and systems. In addition, it is expanding into new markets diversifying its product, such as renewable energy, the offshore industry and all kinds of services that it requires by the Navy, naval industry. Company The origins of Navantia go back to the origins of Spanish naval construction, from the 13th century with Alfonso X of Castile, Alfonso X with the Seville Shipyard, Real Atarazanas de Sevilla and the Real Carenero of San Fernando, which took great relevance during the discovery of America until due to the increase of the size of the ships and their greater draft, in 1730 they ...
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State-owned Enterprise
A state-owned enterprise (SOE) is a Government, government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn Profit (economics), profit for the Government, government, control monopoly of the Private sector, private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of Profit (economics), financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs ar ...
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