Italy’s Ferretti Group has opened its first flagship showroom in Shanghai. Located in the Mandarin Oriental Hotel in Pudong, the new showroom marks an important step forward for the company as it celebrates the 10th anniversary of Ferretti’s presence in China.

“We are honoured to announce the opening of Ferretti Group’s Shanghai Showroom, an important event that marks the next step of our growth and development in Asia Pacific”, said Alberto Galassi, Ferretti Group CEO. “With this opening, which is part of the series of global activities pursued over recent years, Ferretti Group has reinforced its international presence further, while paying increasing attention to local needs.

“China is becoming a strategic centre in the high-end leisure industry and aims to become a key market in Asia Pacific in the coming years,” he adds. “Therefore I would like to thank the Weichai Group for its constant backing and support that it continues to guarantee for us and am confident that the opening of this first Flagship Showroom in Shanghai will contribute to promoting Ferretti Group’s operations in the country.”

Led by president Tan Xuguang and CEO Alberto Galassi, the Ferretti Group designs and manufactures motoryachts under the Ferretti, Riva, Pershing, Itama, Bertram, Mochi Craft and CRN brands.