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Masa-Yards
STX Finland Oy, formerly Aker Yards Oy, was a Finnish shipbuilding company operating three shipyards in Finland, in Turku, Helsinki and Rauma, employing some 2,500 people. It was part of STX Europe, a group of international shipbuilding companies owned by the South Korean STX Corporation. Half of Helsinki yard was sold to Russian USC in 2010. In September 2013, STX Finland announced that the Rauma shipyard would be closed in June 2014. In August 2014, the Turku shipyard was sold to Meyer Werft the state-owned Finnish Industry Investment and renamed Meyer Turku Oy. History STX Finland Oy was a descendant of different shipyard companies. Wärtsilä operated the shipyards of Helsinki and Turku since the 1930s. Wärtsilä Marine went bankrupt in 1989 after merging with Valmet shipyards. Masa-Yards was established by Martin Saarikangas with financing from the shipping companies to finish the ships under construction, eventually taking over the operations of Wärtsilä's former ...
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Perno Shipyard
Perno shipyard is a shipyard in Turku, southwest Finland, that specialises in building cruise ships, passenger ferries, special vessels and offshore projects. The yard area is . The yard is operated by Meyer Turku Oy. The dry dock is long, wide and deep, and equipped with two bridge cranes with capacities of 600 tonnes and 1,200 tonnes. The newer bridge crane with a capacity of 1,200 tonnes is the largest in the Nordic region. History Construction Wärtsilä's shipbuilding grew heavily in the 1960s and over time Crichton-Vulcan, the old yard area on both banks of the Aura River (Finland), Aura river that runs through Turku became too small. When Tankmar Horn was appointed the new general manager of Wärtsilä in 1971, the idea of a modern "ship factory" started to evolve, inspired by the Swedish Götaverken Arendal shipyard, Arendal yard.Knorring: ''Crichton-Vulcanista Turun telakkaan.'' pp. 125–134. The area selected for the new yard was in Perno, then part of Raisio, ...
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Aker Arctic
Aker Arctic Technology Oy (often shortened to Aker Arctic) is a Finnish engineering company that operates an ice model test basin in Helsinki. In addition to ship model testing, the company offers various design, engineering and consulting services related to icebreakers, other icegoing vessels and arctic offshore projects as well as full scale trials, field expeditions and training for icy conditions. Formerly the arctic research centre of Wärtsilä and later Masa-Yards, Aker Arctic was established on 30 December 2004 as an independent company with Finnish Industry Investment Ltd, ABB and Aker Solutions as its current shareholders. Aker Arctic and its predecessors have designed more than half of the world's icebreakers.Company
. Aker Arctic.
In addition, the company is responsible for a number of recent inventions in the design of icegoin ...
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Meyer Turku
Meyer Turku Oy is a Finnish shipbuilding company located in Turku, Finland Proper. The company is fully owned by German shipbuilder Meyer Werft GmbH. The main products are cruise ships and cruiseferries. The shipbuilding facility is Perno shipyard in Turku. The yard area is 144 hectares and it is equipped with a 365-metre-long dry dock and two bridge cranes with capacities of 600 and 1,200 tonnes. Additionally, the company owns subsidiaries Shipbuilding Completion Oy, Rauma-based ENG'nD Oy and Piikkiö-located cabin builder Piikkio Works Oy. The company was founded in November 1989 under name Masa-Yards Oy to continue operations of the previously bankrupted Wärtsilä Marine. The heritage, however, goes back to 1737 when industrial shipbuilding was first started in Turku. Company Meyer Turku Oy is fully owned by Germany-based Meyer Werft GmbH. Perno shipyard The main facility is Turku shipyard that is situated in Perno, Turku. The yard area is 144 hectares and it is ...
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Wärtsilä Marine
Wärtsilä Marine ( fi, Wärtsilä Meriteollisuus; sv, Wärtsilä Marinindustri) was a Finnish shipbuilding company. The company was created in 1987 in order to improve shipbuilding productivity by combining the Wärtsilä and Valmet yards under the same organisation. The yards were located in Helsinki and Turku. The company fell in a scandalous bankruptcy in 1989. The operation was continued after under name Masa-Yards. Background During the 1970s and 1980s the European shipbuilding suffered of a too high capacity and unhealthy competition. The Asian shipbuilders had grown fast and taken over a large part of the market. Combination of increasing salary costs and price dumping lead to an untenable situation for many European shipbuilders. Swedish shipbuilders had faced difficulties already in the 1970s and the yards had been kept alive through massive subsidies.Knorring: ''Telakkajätti ja telakkakriisi.'' p. 135–139. Due to Soviet exports, the Finnish shipbuilders were wo ...
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Valmet
Valmet Oyj is a Finnish company and a developer and supplier of technologies, automation systems and services for the pulp (paper), pulp, paper and energy industry, energy industries. Valmet has over 200 years of history as an industrial operator. Formerly owned by the State of Finland, Valmet was reborn in December 2013 with the demerger of the pulp, paper and power businesses from Metso Corporation. Valmet's services include maintenance outsourcing, mill and power plant improvements, and spare parts. The company provides technology for pulp, tissue, board and paper mills and bioenergy plants. Valmet has operations in more than 40 countries and it employs about 17,000 people. Its headquarters are located in Espoo, and it is listed on the Helsinki Stock Exchange, Nasdaq Helsinki. In 2021, Valmet's net sales totaled €3.9 billion. History Historical products During its history, Valmet has made ships, trains, aeroplanes, tractors, clocks and weapons, as described in the ...
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Martin Saarikangas
Martin Saarikangas (born 24 January 1937) is a Finnish shipbuilder and vuorineuvos, best known as the co-founder of Masa-Yards (now Meyer Turku), after the bankruptcy of Wärtsilä Marine. From 2003 to 2007 he was a member of the Finnish Parliament as part of the National Coalition Party sv, Samlingspartiet , leader1_title = Chairman , leader1_name = Petteri Orpo , leader2_title = Deputy chairs , leader2_name = Antti Häkkänen Elina ValtonenAnna-Kaisa Ikonen , merger = Finnish Party, Young Finnis .... In 1994 he played three minutes for Finnish association football top flight side TPS Turku at the age of 57. References * The bankruptcy was unnecessary', interview of Martin Saarikangas in Scandinavian Shipping Gazette, February 22, 2008, network edition. * Iso-Masa, laivanrakentaja' Ajatus Kirjat, 2002 External links Home page 1937 births Living people Businesspeople from Helsinki National Coalition Party politicians Wärtsilä ...
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STX Europe
STX Europe AS, formerly Aker Yards ASA, was until 2012 a subsidiary of the South Korean STX Offshore & Shipbuilding. With headquarters in Oslo, Norway, STX Europe operated 15 shipyards in Brazil, Finland, France, Norway, Romania and Vietnam. The company had three business areas: Cruise & Ferries, Offshore & Specialized Vessels and Other Operations. In 2012, with rising outstanding debts, STX retained the Finnish cruise shipbuilding yard and sold the remainder as ''STX OSV Holdings'', (Offshore & Specialist Vessels), including all the yards, to Fincantieri, which renamed the group Vard. In September 2014 STX Finland was sold, 70% to Meyer Werft and 30% to the Finnish government. The operations were continued under name Meyer Turku thereafter. Meyer Werft acquired the Finnish government's 30% in April 2015. In 2017 STX France, after the bankruptcy of STX Corporation, was acquired by the French government and reverted to its original name of Chantiers de l'Atlantique. Histo ...
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STX Corporation
STX Corporation (Hangul: 에스티엑스) is a publicly held South Korean holding company engaged in the provision of trading services. Headquartered in Gyeongsangnamdo, South Korea, the company operates its business through two divisions: trade and ship maintenance. Its trade business division provides shipping and energy materials such as coal, oil, steel and others. Its ship maintenance business offers cargo management, marine technical, insurance, crew management and other related services. The company had five local subsidiaries including STX Offshore & Shipbuilding, STX Engine, STX Heavy Industries, STX PanOcean and STX Energy. STX Offshore & Shipbuilding was the world's fourth largest shipbuilder and in 2008 acquired Norwegian shipbuilder Aker Yards Aker may refer to: Places * Aker, Norway, a geographic area in Oslo and a former municipality in Norway * Vestre Aker, a district of Oslo within former Aker municipality * Nordre Aker, a district of Oslo within former A ...
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Hietalahti Shipyard
Hietalahti shipyard (also known as Helsinki New Shipyard, fi, Helsingin uusi telakka) is a shipyard in Hietalahti, in downtown Helsinki, Finland. Since 2019, it has been operated by a company named Helsinki Shipyard. History The shipyard, first known as Helsingfors Skeppsdocka ( fi, Hietalahden Laivatelakka) and later as Sandvikens Skeppsdocka och Mekaniska Verkstad ( fi, Hietalahden Sulkutelakka ja Konepaja), was founded in 1865 and delivered its first ship in 1868. It also constructed horse-drawn trams and railroad cars. Wärtsilä bought the parent company Kone ja Silta in the 1930s; it included also the Crichton-Vulcan shipyard in Turku. In 1965 the yard was renamed ''Wärtsilä Helsingin Telakka'' (Wärtsilä Helsinki Shipyard). After the bankruptcy of Wärtsilä Marine in 1989 the yards were operated by the newly formed Masa Yards, bought by the Norwegian Kværner group in the mid 1990s and known as Kvaerner Masa Yards. In 2005 the company merged with the Aker Finnyar ...
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Rauma Shipyard
Rauma shipyard ( fi, Rauman telakka) is a shipyard in Rauma, Finland. It was previously operated by STX Finland which is owned by the South Korean STX Corporation. Rauma shipyard is specialized in large ferries, small cruise ships, multipurpose icebreakers and small naval craft. , Rauma Marine Constructions operates the Rauma shipyard. History Shipbuilding in Rauma had begun in the 16th century and continued until the end of the sail ship era in the 1890s. Modern shipbuilding was launched in 1945 as F.W. Hollming and Rauma-Repola started building ships for Soviet Union as war reparations. In 1991 they merged and were known as Finnyards which was later owned by the Norwegian Aker Maritime. Since 2008 the shipyard was operated by STX Finland. In September 2013 STX Finland announced of closing the Rauma shipyard and 600 workers were laid off. In January 2014 the shipyard was purchased by the City of Rauma with a price of 18 million euros. The shipyard area is planned to be develope ...
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Aker Yards
Aker may refer to: Places * Aker, Norway, a geographic area in Oslo and a former municipality in Norway * Vestre Aker, a district of Oslo within former Aker municipality * Nordre Aker, a district of Oslo within former Aker municipality * Aker Brygge, a business and entertainment area in central Oslo Organisations and structures * Aker ASA, a company based in Oslo, Norway, including its subsidiaries ** Aker Solutions, an engineering company (formerly Aker Kværner) ** Aker American Shipping, a bareboat company with Aker Philadelphia Shipyard ** Aker Drilling, an oil rig company ** Aker Floating Production, a company engaged in ship based petroleum production ** Aker Seafoods, a seafood company ** Aker BioMarine, a krill harvest and processing company * Akers mekaniske Verksted, a former shipyard in Oslo * Aker stadion in Molde, Norway * Aker University Hospital, a primary hospital in eastern Oslo * Aker Yards, a European ship yard group * Old Aker Church, a church in Oslo Othe ...
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Wärtsilä
Wärtsilä Oyj Abp (), trading internationally as Wärtsilä Corporation, is a Finnish company which manufactures and services power sources and other equipment in the marine and energy markets. The core products of Wärtsilä include technologies for the energy sector, including gas, multi-fuel, liquid fuel and biofuel power plants and energy storage systems; and technologies for the marine sector, including cruise ships, ferries, fishing vessels, merchant ships, navy ships, special vessels, tugs, yachts and offshore vessels. Ship design capabilities include ferries, tugs, and vessels for the fishing, merchant, offshore and special segments. Services offerings include online services, underwater services, turbocharger services, and also services for the marine, energy, and oil and gas markets. At the end of June 2018, the company employed more than 19,000 workers. Wärtsilä has two main businesses; Energy Business focusing on the energy market, and Marine Business focusing o ...
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