Ferretti: Romanians pay 1m euros for a yacht - Azi

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Alessandro Tirelli, Europe area manager with Ferreti SpA, a company deriving annual turnover worth almost one billion euros from boat sales, says one million-euro boats sell best on the local market, unlike the Spanish market, where the average price is 6 million euros.

The luxury boats market is still in a burgeoning stage, considering that an importer sells under ten yachts a year."Cheaper yachts are usually sold on the Romanian market, because, in most cases, this is the clients" first boat....

Read the whole story in: Ziarul Financiar