Santierul Naval Constanta SA
BBVB:SNC3.08
RON
-0.02
(-0.65%)
ISIN
ROSANTACNOR3
Return %
Stock
S&P 500
1Y
6.94
14.20
3Y
54.00
81.12
5Y
29.41
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Semi-annual Revenue
FRC
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in mil. unless spec.Semi-annual Earnings Per Share
FRC
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in mil. unless spec.Semi-annual Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Radu-Catalin Rusen
- Full Time Employees
- 921
- Sector
- Producer manufacturing
- Industry
- Trucks/Construction/Farm machinery
- Address
- Constanta Romania
- IPO Date
- Sep 17, 1997
- Website
- snc.ro
- Similar Companies
- Business
- Santierul Naval Constanta SA is a Romania-based maritime industrial enterprise that specializes in the construction, conversion, and repair of ocean-going commercial vessels and specialized offshore units. The company operates primarily through three business segments: New Shipbuilding, Ship Repair and Conversion, and Marine Engineering and Industrial Fabrication. Its shipbuilding portfolio includes medium-range (MR), Aframax, and Suezmax crude oil and chemical tankers; bulk carriers up to Capesize dimensions; specialized gas carriers, including liquefied petroleum gas (LPG) and ammonia vessels; offshore support and platform supply vessels (PSVs); and auxiliary floating structures, including barges, pontoons, and harbor craft. In its ship repair and conversion division, the enterprise provides drydocking services across two large graving dry docks and floating dock facilities; afloat maintenance and emergency voyage repairs along deep-water outfitting berths; heavy steel structure renewals and cargo hold renovations; hull blasting, hydro-cleaning, and specialized marine tank coating; propulsion system overhauls, tailshaft alignment, and main engine reconditioning; electrical, automation, and piping renewals; and green retrofit solutions, including the integration of ballast water management systems (BWMS), exhaust gas cleaning systems (scrubbers), and dual-fuel or LNG conversion adaptations. The company also delivers naval architecture, 3D hull modeling, detail engineering, heavy metal fabrication, hot-dip galvanizing, and dynamic rotor balancing. Santierul Naval Constanta SA serves international shipowners, commercial fleet operators, energy conglomerates, and maritime transport enterprises worldwide, with strategic geographic reach spanning the Black Sea, Mediterranean, and European shipping lanes. The shipyard traces its origins to 1892 and was established in its modern corporate form in 1991, maintaining headquarters and extensive shipyard operations in the Port of Constanta, Romania, under the majority ownership of Resource International SA. In recent developments, majority shareholder Resource International SA initiated a public tender offer for the outstanding minority shares on the Bucharest Stock Exchange (BVB: SNC) to consolidate total ownership and initiate delisting procedures from the market. In addition, following the Romanian Ministry of National Defence's formal termination of the multi-corvette naval defense procurement program with the consortium between SNC and France's Naval Group, the shipyard has focused its operating capacity on core commercial tanker construction, high-tonnage commercial drydocking services, and international maritime decarbonization retrofit contracts.