Meyer Turku shipyard grows business network and turnover 2018-2021

   January 18, 2023 ,   Cruise Industry

A study on the economic impact of Meyer Turku shipyard/its supplier network found that the network had expanded/its turnover increased between 2018-2021.

In the 3 years of the review period, the number of companies selling their products/services directly to the shipbuilder expanded by ~100 companies to 1323. Of those, 935 were Finnish, and 338 were foreign.

The turnover of Meyer Turku grew by 9% to EUR 2,1 billion in the 3-year review period.

Port of Turku (Finland)

Image: Port of Turku (Finland)

Commenting on the findings of the study which was made for the 3rd time, Deputy Managing Director Tapani Pulli said Meyer Turku had been able to maintain the targeted growth rate of 4%-5% and that cooperation between the yard and its network of suppliers/contractors had played a crucial role in that. The cooperation would deepen further in the future as sustainability would gain importance in the development of Meyer Turku's business.

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