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Fincantieri - Cantieri Navali Italiani S.p.A.
S.p.A.
Traded as BITFCT
ISIN IT0001415246
Industry Shipbuilding
Founded 1959; 58 years ago (1959) in Rome, Lazio - Italy
Headquarters Trieste, Italy
Area served
worldwide
Key people
Giuseppe Bono (CEO)
Products
Revenue 4.429 millions (2016)
157 millions (2016)
14 millions (2016)
Total equity 1530 million (2014)
Owner
  • Fintecna (72.5%)
  • open public (each <2%)
Number of employees
20,019 (2015)
Parent
Website www.fincantieri.it

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.

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

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.


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