Shipbuilding and fishing augmented this water-based economy and the two cities were once major players in European ship construction. Today the largest ship yard in Europe is in Saint-Nazaire—the Chantiers navals de Saint-Nazaire, or the Chantiers de I 'Atlantique (the name of the local society in charge of the management and the organisation of shipyards until 2008). It is now owned by the Korean firm STX and employs around 2 000 workers.