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Finnish Saxdor Yachts invests EUR 7.8 million in Poland

The Finnish manufacturer of motor boats, Saxdor Yachts, is operating in Ełk since 2019. It has now started the construction of a new production hall in the city. The estimated cost of the investment is PLN 36 million (EUR 7.8 million). The groundworks on the investment plot began in November 2021, and their completion is planned for October 2022.

The expansion of the Saxdor Shipyard, which currently employs 250 people, is to create over 300 new jobs in the Masurian region, both for manual workers and highly qualified specialists in the field of yacht construction. The Saxdor Yachts company, founded by the renowned Finnish yacht designer Sakari Mattila, is not his first project in this part of Poland. “The success of the previous brands that we created as a result of Finnish-Polish cooperation made me realize the size of the industry’s potential in the Warmian-Masurian region,” said S.Mattila.

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