Aker Yards is now STX Europe

From November 3, 2008 the international shipbuilding group Aker Yards and all its subsidiaries will share the common brand STX Europe. A change of name became actual after the South Korean based STX Business Group acquired 92.46 percent of the shares in Aker Yards ASA in August 2008. STX Europe ASA includes 15 shipyards in Finland, France, Norway, Romania, Brazil and Vietnam. In addition to that the company partially owns three yards in Germany and Ukraine.