Harman Patil (Editor)

Fincantieri

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Type
  
S.p.A.

ISIN
  
IT0001415246

Area served
  
worldwide

Headquarters
  
Trieste, Italy

Traded as
  
BIT: FCT

Industry
  
Shipbuilding

Key people
  
Giuseppe Bono (CEO)

CEO
  
Giuseppe Bono (Apr 2002–)

Fincantieri httpsuploadwikimediaorgwikipediacommonsthu

Stock price
  
FCT (BIT) € 0.63 -0.03 (-4.39%)10 Mar, 5:29 PM GMT+1 - Disclaimer

Founded
  
December 1959, Rome, Italy

Parent organizations
  
Cassa Depositi e Prestiti, Fintecna, Ministry of Economy and Finance

Profiles

Fincantieri cantieri navali italiani spa trieste italy


Fincantieri - Cantieri Navali Italiani S.p.A. ([finkanˈtjɛːri]) is an Italian shipbuilding company based in Trieste, Italy. It was formed in 1959 and is owned by the Italian state through Fintecna. Already the largest shipbuilder in Europe, after the acquisition of VARD in 2013 the Fincantieri group doubled in size to become the fourth largest in the world. The company builds both commercial and military vessels.

Contents

The company is listed on the Borsa Italiana (Milan Stock Exchange) and is a component of FTSE Italia Mid Cap Index.

Fincantieri


Overview

Fincantieri designs and builds merchant vessels, passenger ships, offshore, and naval vessels, and is also active in the conversion and ship repair sectors. The company also owned Grandi Motori Trieste, which constructed marine diesel engines, but this was sold to Wärtsilä in 1999.

Founded in 1959 as Società Finanziaria Cantieri Navali – Fincantieri S.p.A. as a State financial holding company, part of IRI, the company became a separate entity in 1984.

Today Fincantieri is one of Europe's largest shipbuilding groups and the largest in the Mediterranean.

Fincantieri employs a staff of about 10,000 (rising to approximately 20,000 if the supply chain is included) working at eight shipyards, two design centres, one research centre and two production sites for mechanical components.

The shipyards of Monfalcone (Gorizia), Marghera (Venice), Sestri Ponente (Genoa), Ancona, Castellammare di Stabia (Naples) and Palermo report to the Merchant Ships Business Unit while the shipyards of Riva Trigoso (Genoa) and Muggiano (La Spezia) report to the Naval Vessel Business Unit.

Fincantieri successfully completed the acquisition of Manitowoc Marine Group from its parent company The Manitowoc Company, Inc. on January 1, 2009, which consisted of two shipyards in Wisconsin, including Marinette Marine, which built the first Freedom-class littoral combat ship. Fincantieri also purchased from Manitowoc Marine Group a topside repair yard in Ohio and one production plant in Wisconsin, making it one of the leading mid-sized shipbuilders in the United States for commercial and government customers, including the U.S. Navy and U.S. Coast Guard.

Already the largest shipbuilder in Europe, after the acquisition of Vard the Fincantieri group doubled in size to become the fourth largest in the world.

In March 2015, Fincantieri won its biggest ever independent order from Carnival Corporation & plc in a 4 billion euro deal commissioning the company to build five new cruise ships.

The Company Quality System is certified according to UNI EN ISO 9001:2000

Cruise + Ferry

  • Monfalcone shipyards (located at Monfalcone, Gorizia)
  • Marghera shipyards (located at Marghera, Venice)
  • Ancona shipyards (located at Ancona)
  • Sestri Ponente shipyards (located at Genova)
  • Military ships

  • Muggiano shipyards (located at La Spezia)
  • Riva Trigoso shipyards (located at Sestri Levante, Genova)
  • Marinette Marine (located at Marinette, Wisconsin)
  • Other operations

  • Palermo shipyards (located at Palermo)
  • Trieste shipyards (located at Trieste)
  • Castellammare di Stabia shipyards (located at Castellammare di Stabia, Napoli)
  • VARD (ex STX Offshore & Specialized Vessels) (located at Ålesund)
  • Bay Shipbuilding Company (located at Sturgeon Bay, Wisconsin)
  • References

    Fincantieri Wikipedia