Business expansion
Nord Est; Friuli-Venezia Giulia; Gorizia
Location of affected unit(s)
Monfalcone, Italy
Manufacture For Transport Equipment
Manufacture Of Other Transport Equipment
30 - Manufacture of other transport equipment

150 jobs
Number of planned job creations
Job creation
Announcement Date
9 March 2007
Employment effect (start)
9 March 2008
Foreseen end date
9 March 2008


Seaway, a Slovenian company producing sailing boats and yachts, has announced that it is to create 150 new jobs with the development of a new production site in Monfalcone by 2008.

The new site will produce larger yachts of up to 50 meters long and the investment will be EUR 15 million.

The reasons why the company decided to invest in Monfalcone instead of Slovenia are easier access to land and cheaper land, better transportation facilities (problems with the transport of yachts longer than 25 meters in Slovenia), excellent geographic position of Monfalcone with good logistic connections, long shipbuilding tradition in Monfalcone with availability of skilled workers, investment incentives of the Italian government (subsidizing of land acquisition, R&D activities and creation of new jobs), and favourable interest rates.


  • 9 March 2007: Finance
  • 9 March 2007: Delo


Eurofound (2007), Seaway, Business expansion in Italy, factsheet number 65050, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65050.