Scandic International is a very young and dynamic Icelandic company, established in the year 2007. The companys head quarters are located in the small town of Stokkseyri, one hour drive east of the capital, Reykjavik, and it is owned and managed by GT Group. Scandic is specialized in designing, engineering, building and selling luxury, performance cruising yachts in joint cooperation with Chinese boat manufacturer, Weihai Zhunei Fibre Glass Reinforced Plastic Ship Co., ltd., located in Weihai City-East Hawaii of Shandong Province China.