Fincantieri
Fincantieri - Cantieri Navali Italiani S.p.A. (Italian pronunciation: [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.
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.