Baltic Yachts: The Beginning
We were five men, young at that time. We had eloped from Nautor in order to start our own boat yard to build the very finest sailboats in the world together with a group of local talents of the Bosund region. This we planned to do with a lighter displacement than the competitors´ boats, not only in order to increase performance, but also to make life easier, more enjoyable, and we had the idea that utilizing more modern high-tech materials and methods could do this. Not fighting head-to-head with other boat yards but instead by creating "our own product" for the small niche of very demanding performance cruising/racer sailors. The years 1973 and 1974 were extremely busy for our new company. Not only did we develop and make moulds for our first model, but also prior to this or rather parallel we built our factory facilities from scratch.
It was the Baltic 46 and we had very positive reactions from "the crowd" and had good response also from the press. The business, however, was not as good as it could have been. The world experienced its first oil crisis in 1973 and this had a negative effect on most businesses, including ours.
In order to broaden our activities, we added the Baltic 33 (C&C Design) in 1975. We also built our first Custom (one-off) yacht in 1975. This was a C&C designed 2-tonner, "Tina I-Punkt". In total we delivered 15 yachts in 1975, followed by 28 yachts 1976. The year 1977 was one of the milestones for our company. At the end of this year Hollming Ltd. (a large Finnish ship builder) purchased Baltic Yachts and enabled us to increase model development and also us to do an effective world wide marketing. At this time we also opened up our own sales office in USA, and started a large marketing campaign.
At the end of the 1980's the yachting market was at a down period and also the ship building was in a difficult position. This resulted in a situation where Hollming wanted to get out of the yachting business and concentrate on their core business. In order to safeguard Baltic Yachts´ activities we got a group of people together with the goal to find out if there was enough interest in order to take over the Baltic Yachts activities and to continue the tradition of building Baltics in Bosund. 34 of us started our own company again in 1991.
This was again a milestone for our company and marketing and production of Baltic sailing yachts could go on. In the beginning of the "take over" the market was bad and there was a strong need to make our company smaller in size and slimming the administrative side. However we had enough old customers and friends who believed in our mission and had faith in us and very much due to this we managed to get through these difficult times.
We have now been running Baltic Yachts on our own all since 1991. During these years we have had a substantial technology development and raised the quality level, plus increased our custom division activities substantially. In other words, we have been doing well and we certainly look very positively into the future.
So many things have happened during these years. We have developed our company to one of the best known in our business and to one reaching the highest quality levels as well as using the highest technology. And best of all, the future looks as exciting as ever before!