Chairman Tan Xuguang and CEO Alberto Galassi attend the opening ceremony.

La Spezia, May 17, 2024 – This morning, Ferretti Group officially inaugurated its Riva shipyard in La Spezia in a ceremony graced by Chairman Tan Xuguang and CEO Alberto Galassi, along with local authorities and a delegation from Weichai, the Group’s longstanding shareholder.

The La Spezia production site now plays a crucial industrial role, employing over 750 workers daily, including 200 direct employees, solidifying its position as a strategic center for Ferretti Group in the Ligurian and Tyrrhenian Seas.

The refurbishment encompassed both production and management sections of the shipyard – where Riva yachts are manufactured – as well as a lounge area that provides hospitality to owners, captains, and crew. The facility spans 64,000 square meters, featuring 33 berths across over 400 linear meters of docks, four industrial sheds with 21 production stations, and an additional 1,000 square meters dedicated to painting processes.

With photovoltaic plants and exclusive, purpose-designed spaces like the Riva Lounge, the site focuses on producing seven Riva models ranging from 76 feet to 130 feet. Once fully operational, it will have the capacity to launch 30 boats annually, each up to 40 meters in length.

Situated in an area of Regional Interest, the site aims to protect and respect the natural environment, certified by RINA according to ISO 14001:20151 and ISO 9001:2015 standards. The shipyard is part of the “Miglio Blu” (Blue Mile) project, which promotes local excellence in yachting while respecting the surrounding environment.

Following the announcement of an excellent quarterly report, the opening ceremony provided an opportunity for local and national authorities to witness the shipyard’s new look firsthand. Group Chairman Tan reaffirmed his appreciation for the management’s efforts and expressed his continued confidence in the leadership team, led by Alberto Galassi, as they face the challenges ahead.


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