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Company type | State-owned enterprise |
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Industry | Defence, Shipbuilding, Engineering |
Predecessor | Empresa Nacional Bazán |
Founded | January 1, 2005 |
Headquarters | , |
Area served | Worldwide |
Key people | Ricardo Domínguez García-Baquero (President)[1] |
Products | Warships, Hospital ship, Yachts, Ferries, cargo ships, platform supply vessels, Dredger, Marine propulsion, Offshore engineering |
Revenue | 1.43 billion euros[2] (2023) |
-63 million euros[2] (2023) | |
-122 million euros[2] (2023) | |
Total assets | 5.8 billion euros (2023)[2] |
Owner | SEPI (100%) |
Number of employees | 4,939[2] (2023) |
Parent | SEPI |
Divisions | Navantia Sistemas |
Subsidiaries | Navantia Australia Navantia Arabia Navantia UK SAES Capital Sainsel Sistemas Navales |
Website | www.navantia.es |
Navantia is a Spanish state-owned shipbuilding dedicated to civil and military naval construction, the design of deep-tech systems[3] and the manufacture of structures for the renewable energy sector, such as offshore wind or hydrogen.[4]
It was established in 2005 following the segregation of the military assets of the IZAR Group. The company designs, builds, and supports different types of surface vessels, submarines, and systems. It directly employs nearly 4,000 workers distributed among its operating centers in A Coruña, Cádiz, Cartagena and Madrid.
Navantia is the fifth-largest shipbuilder in Europe and the ninth-largest in the world. The company is also expanding into markets such as renewable energy, the offshore industry and naval services.