Private company

STX Europe

Logo: Unknown author Unknown author, Public domain, via Wikimedia Commons3

Norwegian shipyard operator

STX Europe AS, formerly Aker Yards ASA, was until 2012 a subsidiary of the South Korean STX Offshore & Shipbuilding. With headquarters in Oslo, Norway, STX Europe operated 15 shipyards in Brazil, Finland, France, Norway, Romania and Vietnam. The company had three business areas: Cruise & Ferries, Offshore & Specialized Vessels and Other Operations.2 It is part of STX Corporation.1 It ceased to exist in 2019.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 20, 2026.

Overview

Apr 14, 2004Founded1
  • Industryshipbuilding1
  • HeadquartersOslo1
  • Founded inOslo1
  • Legal formallmennaksjeselskap, aksjeselskap1
Naantalin jalostamo, Naantali, 29.12.2008, panoramakuva
Photo: Markus Rantala ( Makele-90 ), CC BY-SA 3.0, via Wikimedia Commons5

STX Europe AS, formerly Aker Yards ASA, was until 2012 a subsidiary of the South Korean STX Offshore & Shipbuilding.2

Corporate structure

STX Europe is part of a group headed by STX Corporation. 4 entities, 4 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

  • STX Corporation Busan Metropolitan City, South Korea
    • STX Europe Oslo
      • STX Finland Subsidiary · Turku
      • STX France Subsidiary · France
      • Chantiers de l'Atlantique Owned · France

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.

What it owns

What STX Europe reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Stakes and holdings (Wikidata)

  • Chantiers de l'Atlantique
  • STX France

Things Wikidata records the company as owning, with the share when stated.1

The story

Background: before 2006

The evolution of STX Europe originated with the founding of two prominent shipbuilding groups in Europe. One was the Norway-based Aker Yards, created in 2004 by combining the shipbuilding activities of Aker and Kværner with the France-based Alstom shipbuilding group, which has shipyards (formerly those of Chantiers de l'Atlantique) in Saint-Nazaire and in Lorient.

Transition to STX Europe, and expansion: 2006–2012

On 4 January 2006, Aker Yards and Alstom announced their intention to join forces in shipbuilding and create together one of the world leaders in this industry, focused on high-value-added ships, including world-class cruise ships. The merger gave Aker Yards a majority shareholding over Alstom's shipbuilding activities; which included Chantiers de l'Atlantique shipyard – the builder of the liner RMS Queen Mary 2.

Aker ASA, the majority shareholder of Aker Yards; reduced its ownership share from 50.4% to 40.1% in January 2007. Aker divested its total shareholding in March 2007, and in October 2007, STX Business Group secured a 39.2% stake of Aker yards. Later, STX took a controlling stake, and renamed the group to STX Europe on 3 November 2008 to reflect the new ownership structure.

In January 2009, STX business group acquired the remaining shares in STX Europe and became the company's sole shareholder. In February 2009, it was decided to delist STX Europe from Oslo Stock Exchange where it was previously listed under the ticker STXEUR.

From Wikipedia’s article on STX Europe, shared under CC BY-SA 4.0.4

Products and brands

  • cruise ship

Listed on Wikidata.1

Operations

Cruise & Ferries

The Cruise & Ferries division constructs vessels mainly at shipyards in Finland and France. The business area had revenues of NOK 19,709 million in 2008.

Cruise + Ferry

STX France Cruise SA (located at St. Nazaire and Lorient)

Other Operations

STX Norway Florø AS (located in Florø)

OSV (OffShore & Specialized Vessels)

STX Norway Offshore AS (located at Ålesund, Aukra, Brevik, Langsten (Langsten Slip-Batbyggeri AS), Brattvåg, and Søviknes) is now owned by Fincantieri

Read the full text

STX OSV Tulcea SA and STX OSV Braila SA - both yards are now part of Vard Shipyard Romana, a Fincantieri Company.

STX Europe has two shipyards in Romania: Braila and Tulcea. The steel hulls for most of STX Europe's new building projects (Offshore & Specialized Vessels) are being built by Braila and Tulcea in Romania. STX Europe's yard in Braila is situated 170 km up the River Danube. Portfolios consist of hull production, delivery of complete merchant vessels together with repair and conversion work. The yard has a 1300m long outfitting quay, facilities for simultaneous mounting or repairing of 12 vessels and equipped with multiple 50 tonne portal cranes. The mounting platform and launching berth have capacity for vessels up to 135 x 23 m and a maximum launching and lifting weight of 2500 tonne and 2200 tonne respectively.

STX Europe's yard in Tulcea is located at nautical mile 39.5 on the right bank of the Danube, upstream of Tulcea, and it is one of the youngest Romanian firms in the field. In Tulcea STX Europe offers services in shipbuilding, conversions and repairs. It has a large covered hall where four ships can be built simultaneously. Over 6000 people working here, it is the greater capacity of offshore and specialised division.

STX OSV Niteroi SA

STX OSV Vietnam Ltd.

Production

Ships

STX Europe:

From Wikipedia’s article on STX Europe, shared under CC BY-SA 4.0.4

Subsidiaries and ownership

Parent company

Owners

Subsidiaries

Also owns

  • Chantiers de l'Atlantique
  • STX France

From Wikidata.1

Acquisitions

  1. 2004Acquired Vard Brăila1
  2. 2004Acquired Vard Tulcea1

Timeline

  1. 2019Dissolved Dissolved1
  2. Apr 14, 2004Founded Founded in Oslo1

Sources

The numbers on this page point here. Each one links to the record it came from.

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