Meyer Turku

Founded 1737 Finland

Finland 1160 employees Debt Financing Total: $100.00M Transportation, Construction

General Information

Company Name Meyer Turku

Founded Year 1737

Location

Finland

Employees 1160

Industries Transportation, Construction

Funding Stage Debt Financing

Business Model B2B, B2G

Revenue Model Product Sales, Project Based, One Time Purchase

Social

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Finland Market

Market Signals All Companies

Transportation

Industry Signals All Companies in Finland

All Signals Trend Reports

AI Insight

Bounce Watch AI

1 month ago

Meyer Turku is strategically advancing its position as a leader in sustainable shipbuilding, exemplified by the successful demonstration of methanol readiness on the Mein Schiff 7 and active participation in key industry discussions on decarbonization. These developments highlight a strong commitment to environmental innovation and future-proofing its vessel construction capabilities. The launch of the MERiON leading company program further indicates an internal drive for operational excellence and technological advancement to support these strategic initiatives.

Signal Types

Product Launch Event Participation Program Launch

Strategic Labels

Sustainability Innovation Industry Leadership Operational Excellence

Next Move: Innovation

Impact: 8/10

Ideal For: Green Maritime Infrastructure Investors

About Meyer Turku

Meyer Turku is a prominent shipyard in Finland specializing in the construction of innovative and environmentally efficient cruise ships, car ferries, and special vessels. With a significant 15% share of the global cruise construction market, the company's order books extend into 2026. It has established strong partnerships with major clients including Royal Caribbean International, Carnival Cruise Lines, TUI Cruises, and the Finnish Border Guard. The company, which dates back to 1737, employs 2,000 top professionals and operates the Turku shipyard, and its subsidiaries include Piikkio Works Oy, Shipbuilding Completion Oy, and ENG’nD Oy. Meyer Turku forms a part of the renowned Meyer Group, along with the German shipyards Meyer Werft in Papenburg and Neptun Werf in Rostock, collectively positioning itself as one of the leading cruise ship builders globally. The company recently secured a €100.00M debt financing investment on July 07, 2023, with Commerzbank and the Nordic Investment Bank as the investors, showcasing the confidence of the financial sector in the company's future prospects. Meyer Turku's steadfast position in the transportation and construction industries, coupled with its strong partnerships and forward-looking approach, underlines its potential for sustained growth and success in the coming years.

Business keywords: shipyard, cruise ship construction, environmentally efficient vessels, cabin factory, shipbuilding, offshore design, Meyer Group, cruise industry, shipbuilding completion, top professionals, global market share, innovative vessels, Finnish Border Guard, order books, Meyer Werft

Services & Products

Cruise Ship Design and Construction

Technological Development in Shipbuilding

General Contracting Services for Ship Projects

Sustainability Strategies in Shipbuilding

Training and Upskilling in Shipbuilding Expertise

Target Customers

Cruise Companies Maritime Industry Professionals Naval Engineering Firms Government Maritime Agencies Supply Chain Partners in Shipbuilding

Funding Rounds & Investors (1)

View All

Funding Stage	Amount	Investors	Lead Investors	Date
Debt Financing	€100.00M	2	Commerzbank, Nordic Investment Bank	07 Jul 2023

Meyer Turku Alternatives & Competitors

Meyer Turku vs

The Italian Sea Group S.p.A Italy

Great dreams should never come to an end. Since 1575.

428 employees

Transportation, Construction

Compare Meyer Turku vs The Italian Sea Group S.p.A

Meyer Turku vs

Expert United Marine Services United Arab Emirates

Leading and fully integrated shipyard providing ship repair, shipbuilding, and engineering solutions

32 employees

Transportation, Construction

Compare Meyer Turku vs Expert United Marine Services

FAQ About Meyer Turku

The Meyer Turku Oy shipyard is specialized in the construction of very demanding, innovative, and environmentally efficient cruise ships, car ferries, and special vessels. Our share of the global cruise construction market is approximately 10%, and our shipyard's order books extend to 2028. As part...

Meyer Turku was founded in 1737.

Meyer Turku is headquartered in Finland.

Meyer Turku operates in Transportation and Construction. Its work centres on shipyard, cruise ship construction, environmentally efficient vessels and cabin factory. Its customers include Cruise Companies, Maritime Industry Professionals and Naval Engineering Firms.

Meyer Turku has a B2B and B2G business model. Its revenue comes from Product Sales, Project Based and One Time Purchase.

Meyer Turku has approximately 1160 employees.

Meyer Turku has completed 1 funding round, raising a total of $100.00M. The latest funding stage is Debt Financing.

Meyer Turku offers: Cruise Ship Design and Construction, Technological Development in Shipbuilding, General Contracting Services for Ship Projects, Sustainability Strategies in Shipbuilding, Training and Upskilling in Shipbuilding Expertise.

Top alternatives and competitors to Meyer Turku include The Italian Sea Group S.p.A, Expert United Marine Services. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

Meyer Turku and The Italian Sea Group S.p.A are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Meyer Turku, https://bouncewatch.com/company/meyer-turku, updated 29 September 2026. When citing, please name BounceWatch and link this page.