Privilege Yard, Italy

You may have noted this piece of news that seems to be eveywhere on the Internet this week-end:
http://www.iht.com/articles/ap...t.php

Regardless of the substance of this information, do you know anything about this builder, Privilege Yard SpA of Civitavecchia, Italy? Have they built anything similar before? We're here talking about a EUR 200m, 280ft yacht. That's normally state of the art stuff, not for everyone to build (or to buy) ... (Look at Top megayacht builders thread for more information).