Severnav SA
BBVB:SEVE7.00
RON
-0.70
(-9.09%)
ISIN
ROSEVEACNOR0
Return %
Stock
S&P 500
1Y
59.09
14.20
3Y
52.84
81.12
5Y
117.42
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- Sector
- Producer manufacturing
- Industry
- Trucks/Construction/Farm machinery
- Address
- Drobeta Turnu Severin Romania
- IPO Date
- Jan 13, 1998
- Website
- severnav.ro
- Similar Companies
- Business
- Severnav SA is a Romania-based shipbuilding and marine engineering company primarily engaged in the design, construction, repair, conversion, and modernization of inland waterway and sea-going commercial vessels, as well as the fabrication of heavy industrial steel structures. The company operates through two main business segments: Shipbuilding and Ship Repair & Industrial Structures. Its comprehensive product portfolio encompasses inland chemical, oil, and gas tankers; inland cargo vessels and container barges; maritime and river pushers and tugboats; multi-purpose dry cargo vessels; split hopper barges and dredgers; passenger vessels and hotel ships; floating pontoons; and custom marine superstructures. In addition to new vessel construction, Severnav SA provides extensive ship maintenance and refit services, including hull and structural steel repairs; surface treatment, hydro-blasting, and marine coating applications; propulsion, shaft, and rudder system overhauls; marine piping and electrical outfitting; and vessel lengthening and capacity expansion conversions. The company also manufactures heavy welded industrial steel components, pressure equipment, and bridge structures for the infrastructure and energy sectors. Founded in 1852 and headquartered in Drobeta-Turnu Severin, Romania, Severnav SA operates an integrated shipyard facility covering more than 200,000 square meters situated on the Danube River, equipped with covered prefabrication workshops, launch slipways, outfitting berths, and heavy-lift gantry cranes. The company primarily serves maritime transport operators, shipowners, and naval engineering contractors across Western and Central Europe, with key export markets including the Netherlands, Germany, Belgium, France, and Austria. In recent developments, Severnav SA has implemented operational and financial restructuring measures, including preventive concordat and debt-rescheduling frameworks with financial institutions and trade partners, aimed at stabilizing cash flow and optimizing operating margins. The company has strategically expanded its commercial focus toward high-value, environmentally compliant inland navigation vessels, developing hulls optimized for hybrid, LNG, and alternative low-emission propulsion systems as well as advanced stainless-steel chemical transport tankers. Furthermore, Severnav SA continues to secure manufacturing contracts for specialized river tanker hulls with leading Western European shipyards, while upgrading its automated steel processing, CNC cutting, and welding production infrastructure to increase operational efficiency.