International News: News of Sunreef

Sunreef reports strong sales for 2008.

By IBI Magazine. Poland’s Sunreef Yachts reports that net income from production and services reached €27.6m in 2008 — a 40 per cent increase over the €19.6m that was generated during the previous year. The company is now predicting turnover of €33.6m in 2009, with more than 10 annual deliveries scheduled for the current year and another 16 scheduled for 2009.

“Our success to date comes from our focus on innovation and by extending the range of yachts we produce,” says Nicolas Lapp, Sunreef’s vice president. “In 2008 we launched two new yacht models, the 70 Sunreef Power and Sunreef 70 Sailing. This year, we will launch our first superyacht, the Sunreef 102 Double Deck. At the same time, we are now designing new mega-catamarans projects over 100 feet.”

Despite a challenging labour market in Poland, Sunreef has been able to reduce production time for its most popular model, the Sunreef 62, from nine to four months. The company has also acquired 16 hectares of land in Wi?linka, not far from Gda?sk in Poland, for the construction of a 24,000sq m manufacturing plant. The new purpose-built facility, which is due for completion and occupancy in 2010, will increase the company’s overall production capacity and enable Sunreef to build yachts of up to 50m (164ft).

Sunreef Yachts is comprised of three business units: Sunreef Yachts, Sunreef Yachts Charter and Yacht Management. The company has a worldwide brokers network in Spain, Italy, France, Greece, Turkey, Qatar, USA and China and more.

Sunreef also recently established an aftersales service, refit and Brokerage Division which now has more than 800 yachts in its database.

“Our goal for the future is quite simply to maintain our position as the world’s largest manufacturer of large and luxury catamarans from 60 to 150 feet,” says Lapp.