SHIG-Weichai Group

Ferretti Group announces capital increase of €80 million

Italy’s Ferretti Group has announced a capital increase of €80m to support the group’s new relaunch and growth industrial plan. The increase was approved by Ferretti International Holding Spa.

New roundabout dedicated to iconic Italian luxury yacht builder RIVA

The new roundabout dedicated to the legendary Italian luxury yacht builder RIVA has been recently inaugurated in Sarnico, Italy. it represents the symbol of the connection between the yard and the territory.

CRN announces launch of 73m motor yacht YALLA (CRN 132)

Saturday morning, May 31, 2014, saw the Ancona-based builder, CRN Yachts, host the public launch ceremony of the new CRN 132 superyacht YALLA. She is the result of the effort made by the entire Shipyard and CRN’s subcontractors.

New Chief Executive Officer for Ferretti Group

Alberto Galassi has joined the Ferretti Group as new Chief Executive Officer, effective immediately, replacing thus Ferruccio Rossi.

A very successful 2014 Ferretti Group EMEA Dealer Meeting

This year’s Ferretti Group EMEA Dealer Meeting was a great success. The three-day training event for the highly selective network of Ferretti Group dealers in the EMEA Area finished yesterday, on Thursday, April 3.

CRN signs a Letter of Intent for new 68m motor yacht

Ancona-based shipyard CRN has signed a Letter of Intent for the sale of a new 68-metre mega yacht, scheduled for delivery in 2017. She represents the biggest vessel ever sold by CRN and Ferretti Group in China.

CRN Yachts celebrating 50th anniversary this year

This year marks the 50th anniversary for the prestigious Italian luxury yacht manufacturer, CRN, part of the Ferretti Group.

Ferretti Group signs agreement with Industrial and Commercial Bank of China (ICBC)

The well known Italian luxury yacht builder, Ferretti Group, has recently signed an agreement with the Industrial and Commercial Bank of China (ICBC). Thanks to this, all the clients of the Group can benefit from the ICBC guarantee when buying a new motor yacht.

SHIGWeichai Group acquires controlling interest in Ferretti Group

SHIG-Weichai Group will acquire a 75% interest in the Ferretti Group – luxury yacht maker after the completion of the debt restructuring procedures. After the acquisition, the Group will continue to uphold its operational principle of unifying strategies and resources while operating independently and will retain Ferrettis key management team, headquarters and production bases in Italy.