Baltic Yachts is a shipyard specialized in sailing yachts. It is located in the municipality of Larsmo in Finland, where it is the largest employer. The shipyard was established in 1973 and now produces sailing yachts between 50 ft and 197 ft in length. Advanced and light materials, such as carbon fiber and Kevlar are used in the construction. The company’s clientele consists of individuals with a net worth of at least 30 million US dollars.[1]
History
Baltic Yachts was established in 1973 when five young professionals from the boatbuilding industry left Nautor to found their own company, which became Baltic Yachts.[2] The founders were Per-Göran “PG” Johansson, Nils Luoma, Jan-Erik Nyfelt, Tor Hinders, and Ingmar Sundelin.[3][4]