Shipbuilding in Rauma had begun in the 16th century and continued until the end of the sail ship era in the 1890s. Modern shipbuilding was launched in 1945 as F.W. Hollming and Rauma-Repola started building ships for Soviet Union as war reparations. In 1991 they merged and were known as Finnyards which was later owned by the Norwegian Aker Maritime. Since 2008 the shipyard was operated by STX Finland.
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