OREANDA-NEWS. September 08, 2010. AS Baltic Workboats, a shipbuilding company operating at Nasva on Estonia's Saaremaa Island, will complete new premises of 2,200 square meters by the end of the month; land was gained from the sea to put up the new building, the newspaper Meie Maa reported.

It will be possible to fully complete the ships in the new hall. The height of the previous building did not permit conclusive assembly of bigger ships.

"We are now building ships of up to 27 meters long but in the new hall we can also build ships of up to 35 meters long, if such ships are ordered from us. Until now no so long boats have been ordered," Margus Vanaselja, CEO of Baltic Workboats, told the paper.

The company has signed all its contracts for the next two years, and if there are 82 people working for the company now then it will provide jobs to a hundred people after the completion of the new building.

"We will employ more people not so much in connection with the completion of the new workshop as in connection with the development of the company. Our annual turnover is already more than 150 million kroons (EUR 9.6 mln)," Vanaselja said.

95 percent of the Baltic Workboats output output are ships with aluminum hulls.

The  new premises were built by AS Maru Ehitus. A 150-ton crane now replaces the former slip.