Headquartered in Beirut, Lebanon, Privinvest is recognized as the top ship designing and engineering company operating in Europe and the Middle East. It is known for producing some of the finest and most well-constructed naval vessels in the world that are equipped with advanced high-tech solutions. Privinvest delivers over 2,000 of these vessels to customers for use in military operations, and for private use. The company employs around 2,500 people, and owns state-of-the-art facilities in Germany, France, the United Kingdom and the Middle East. It was founded by Iskandar and Akram Safa, two brothers who had partnered up in other businesses prior to starting Privinvest.
The kinds of ships that are manufactured by the company are some of the most sought-after ones around the world. It supplies 40 navies with its innovative marine vehicles, which are used for carrying out their military duties, and it sells super yachts to private customers who want to own the vessels for leisure sailing, or other fun activities. Recently, Privinvest introduced its Sailing Yacht A ship, which was designed by Phillippe Starck. This newly launched water-navigating offering measures approximately 143 meters, or 468 feet. Some of the other mega yachts that the company offers are called Siren, Mogambo, Sapphire, Flying Fox and YAS, which was once a navy frigate, and has a measurement of 141 meters, making it capable of accommodating up to 60 passengers.
Before becoming the lead executive at Privinvest, Iskandar Safa entered the shipbuilding industry in 1991 when he bought a low-performing shipyard in France and managed to increase its profits substantially in only two years. His nearly three decades of experience in the ship engineering business, as well as his determination to overcome the obstacles he had to push through in order to succeed, are two of the things that keeps his business thriving.