Spain's Navantia saves iconic Belfast shipyard Harland & Wolff Shipbuilder Harland & Wolff has been rescued by a Spanish rival in a deal that saves 1,000 jobs.
It has now been bought by Spanish state-owned business Navantia, which secured a £1.6billion contract in 2022 to build three ships for the Royal Navy with Harland & Wolff.
Rescue: Shipbuilder Harland & Wolff plunged into administration in September for the second time in five years.
The Belfast company famed for building the Titanic plunged into administration in September for the second time in five years.
Business Secretary Jonathan Reynolds said: ‘This is a major vote of confidence which will not only secure the future of UK shipbuilding but protect 1,000 jobs.
