Just days after announcing its capital imbalance and restructuring plan, The Italian Sea Group has updated the market on the status of its ongoing yacht construction projects and expects to return to full operational capacity in early June. The shareholders’ meeting has also been convened for July 22
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The Italian Sea Group has formally acknowledged a significant capital impairment under Article 2447 of the Italian Civil Code: the company’s share capital has fallen below the legal minimum threshold. The Board of Directors has launched a restructuring process, confirmed business continuity and activated the protective measures provided for under Italy’s Corporate Crisis Code. Measures under consideration include renegotiation of contracts, revaluation of real estate assets and the possible disposal of non-strategic properties
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The Court of Florence has confirmed for four months the protective measures within the framework of the negotiated settlement procedure of The Italian Sea Group. The stock continues its recovery and moves above €2, supported by recent initiatives on governance and financial control
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The Italian Sea Group S.p.A. ("TISG" or the "Company"), a global operator in the luxury yachting sector with the brands Admiral, Tecnomar, Perini Navi, Picchiotti, NCA Refit and Celi 1920, pursuant to art. 17 of Regulation (EU) No. 596/2014 ("MAR") and following the disclosure made on February 27, 2026, hereby informs the market of the following
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Marina di Carrara, February 2nd, 2026 – Perini Navi S/Y Katana has received her first international recognition at the Superyacht Design Festival, organized by Boat International, just a few months after her official debut at the Monaco Yacht Show 2025
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