Rostock-Warnemünde, 10 March 2006 - NEPTUN Stahlbau GmbH is once again known as NEPTUN WERFT, reverting to its original name. NEPTUN Stahlbau GmbH, one of the successor companies of the old NEPTUN WERFT, has now accordingly been renamed. As part of the renaming MEYER NEPTUN, NEPTUN WERFT and MEYER WERFT received a uniform appearance, which reflects the combined expertise in the group.

The "new" NEPTUN WERFT GmbH will continue to focus on building world class river cruise vessels. Within this growth market it has acquired a great international reputation. The best example for this is the delivery of the latest TwinCruiser "Avalon Tapestry" to Premicon AG in Munich on March 09 th. Three other ships of this type are currently under construction.

"We concentrate on looking forward. Traditions are important, but more important is the correct market position for the future, "said owner Bernard Meyer. Throughout the shipbuilding industry, the name NEPTUN WERFT stands for over 150 years of quality. The resumption of the name refers to the long tradition of shipbuilding and is also a clear commitment to Rostock.

Currently NEPTUN WERFT employs 400 employees. Approximately the same number of individuals are employed by suppliers from the region. In addition to this NEPTUN WERFT is heavily involved in education and practical training. At present the shipyard trains 64 young people from the region in five different occupations.