In 1933, in the middle of the Great Depression, the city of Turku started building a large dry dock next to Korppolaismäki with employment subsidies.

In 2003 the company left the premises at the Aura River and concentrated its operations in Naantali.

[2] The history of the Naantali premises dates back to 1956, when Rainer Sjöström founded shipping and shipbuilding subcontractor Navire Oy.

[6] In 1972 the company built in Luonnonmaa island a dry dock[7] for hull building.

[2] In 2017 the company announced seeking to develop ship breaking as a new line of business.