The shipyard started as a small repair shop in 1948 and grew up into a modern shipbuilding and repair yard. From the very beginning it built up a good reputation and now enjoys popularity, based on established traditions in shipbuilding, good production quality and competitive prices.
At that time the yard could build small vessels only. In 1970 the yard moved from the its area at the port of Bourgas to the present site, where we can be built vessels up to 25.000 tdwt.