Navantia

Navantia
legal form	SA
founding	January 1, 2005
Seat	Madrid , Spain
management	José Manuel Revuelta Lapique, José Antonio Casanova Gayoso, Enrique Martínez Robles, Aurelio Martínez Estévez
Number of employees	approx. 5,700
sales	€ 906.4 million
Branch	Armaments , shipbuilding
Website	http://www.navantia.es/
	Last updated 2012

Navantia is a Spanish defense company specializing in shipbuilding . The company is wholly owned by the state holding company SEPI .

history

Navantia headquarters ( Madrid ).

The origins of Navantia go back to 1730 when shipyards for the construction and maintenance of the Spanish navy were built in Ferrol , Cartagena and San Fernando . Between 1909 and 1939 the most important Spanish shipyards were united as Sociedad Española de Construcción Naval (SECN) and owned by the British companies Vickers , Armstrong-Whitworth and John Brown & Company . After the Spanish Civil War , both military shipbuilding, under the name Bazán , and civil shipbuilding, under the name Astilleros Españoles (AESA), were nationalized. In 2000, both sectors were merged and the second largest shipyard in Europe was created under the name IZAR . At that time, however, civil shipbuilding suffered from the pressure of cheaper production in Asian countries and plunged the company into a major financial crisis. In 2005 the Spanish state decided to split off the well-functioning military shipbuilding industry, it merged with Navantia, while the civilian shipyards were privatized or liquidated.

Locations

Ferrol shipyard (shipbuilding and repair)
Shipyard San Fernando (shipbuilding, repair, command and weapon deployment systems )
Cartagena shipyard (shipbuilding, submarine construction, repair and diesel engine factory)
Madrid (head office and offices)