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Meyer Turku logo — company profile

Meyer Turku

Founded 1737 Finland Finland 1024 employees Debt Financing Total: $100.00M Transportation, Construction

General Information

Company Name Meyer Turku
Founded Year 1737
Location Finland Finland +1
Employees 1024
Industries Transportation, Construction
Funding Stage Debt Financing
Social

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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.

Taxonomy: 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

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing •••••• 2
Investor
•••• •••• 		07 Jul 2023

Meyer Turku Alternatives & Competitors

Meyer Turku vs
MV WERFTEN
MV WERFTEN Germany

For us, shipbuilding is more than an industry. It’s a passion.

145 employees
Industrial
Compare Meyer Turku vs MV WERFTEN
Meyer Turku vs
Helsinki Shipyard
Helsinki Shipyard Finland

Helsinki Shipyard combines its long traditions and the arctic know-how with the shipyard's product p...

146 employees
Industrial, Manufacturing
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Meyer Turku vs
FINCANTIERI
FINCANTIERI Italy

We bring on board of our ships a green and digital future. #FutureOnBoard

IPO
6966 employees
Energy, Industrial
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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 15%, and our shipyard's order books extend to 2026. Our larg...
Meyer Turku was founded in 1737.
Meyer Turku is headquartered in Finland.
Meyer Turku operates in the following industries: Transportation, Construction.
Meyer Turku has approximately 1024 employees.
Meyer Turku has completed 1 funding round, raising a total of $100.00M. The latest funding stage is Debt Financing.
Top alternatives and competitors to Meyer Turku include MV WERFTEN, Helsinki Shipyard , FINCANTIERI, Hanwha Philly Shipyard, Grandweld Shipyards. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Meyer Turku and MV WERFTEN 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.

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