“This latest investment is significant not just for the shipyard and the yachting industry in Liguria: it also represents a major boost to the local economy in general,” said Alberto Amico, CEO of Amico & Co. “It has been calculated that each refit brings to Liguria a total business turnover equivalent to eight times the value of the refit or repair itself.”
In addition to taking on 20 new personnel between its Genoa and Loano facilities in the last three years, Amico & Co works with five industry partners for a total of 140 employees, another 35 specialist companies in Genoa and 650 regional suppliers. Since September, the shipyard has won 17 refit commissions for vessels over 50m, half of which have already utilised—or will use—the dry dock facility.
Amico & Co
If you like reading our Editors' premium quality journalism on SuperyachtNews.com, you'll love their amazing and insightful opinions and comments in The Superyacht Report. If you’ve never read it, click here to request a sample copy - it's 'A Report Worth Reading'. If you know how good it is, click here to subscribe - it's 'A Report Worth Paying For'.