en.Wedoany.com Reported - The Azimut-Benetti Group held a traditional slipway launch ceremony for the new 44M-class superyacht M/Y Lumina, marking the start of a new €100 million investment plan in Tuscany as the group continues to expand its superyacht business. With production capacity value doubling from €758 million in 2020 to €1.56 billion in 2025, the company plans to increase capacity, strengthen engineering capabilities, and expand refit operations in Tuscany between 2026 and 2028.
Tuscany serves as the operational core of the group's superyacht division, with 14 industrial sites in Viareggio, Livorno, Massa, and Pisa, which account for 70% of the group's global performance. Over the past three years, the group has invested €77 million in Tuscany to support capacity growth and long-term technological development.
The latest investment plan involves expanding production facilities, introducing new mobile lifts, upgrading safety systems, installing photovoltaic systems, renovating management and client reception facilities, developing new yacht models and technologies, and expanding Lusben's refit operations. Lusben completed the refit of the 70-meter custom superyacht M/Y Alfa at the end of 2025.
Capacity growth has driven an increase in employment and supply chain activities. Between 2020 and 2026, direct employees in Tuscany increased from 442 to 607. The group's Tuscany base currently has approximately 3,800 people on site daily, including employees from over 1,000 supplier companies working alongside Azimut-Benetti staff.
Beyond facility investments, the group states it is continuously investing in workforce development and professional skills training. A key part of this strategy is its participation in the Italian Super Yacht Life Foundation (ISYL Foundation), of which it is a founding member. According to Azimut-Benetti, over 600 students have graduated through ISYL programs since 2015. The group collaborates with the foundation on training initiatives aimed at supporting the development of future professionals entering the superyacht sector.
M/Y Lumina measures 44 meters in length, is a four-deck superyacht designed by Cassetta Yacht Designers, and is scheduled for delivery in summer 2026. The yacht was launched using the traditional slipway method, which has a long-standing connection with Viareggio's shipbuilding tradition. Benetti stated that the ceremony reflects the link between the company's yacht construction activities and Tuscany's maritime industry, while also highlighting the region's continued role in the group's future growth plans.
This article is compiled by Wedoany. All AI citations must indicate the source as "Wedoany". If there is any infringement or other issues, please notify us promptly, and we will modify or delete it accordingly. Email: news@wedoany.com
