Reported 11 days ago
Navantia, a Spanish state-owned company, is set to purchase Harland and Wolff, the shipbuilder known for constructing the Titanic, securing its future after a second bankruptcy. The acquisition, pending regulatory approval, will protect 1,000 jobs across Harland and Wolff's UK shipyards and is vital for Royal Navy contracts, highlighting Navantia's commitment to UK shipbuilding.
Source: YAHOO