Company:Fincantieri
Fincantieri Headquarters in Trieste | |||||||||||||||||||||||||||
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Short description: Italian stock exchange
Borsa Italiana S.p.A., based in Milan, is Italy's only stock exchange. It manages and organises domestic market, regulating procedures for admission and listing of companies and intermediaries and supervising disclosures for listed companies.[2] Following exchange privatisation in 1997, the Company was established and became effective since 2 January 1998.[3] It is now a subsidiary of the London Stock Exchange Group plc since 23 June 2007.[4] In 2015, overall capitalisation for listed company on Borsa Italiana was worth €567.2 billion, representing 34.8% of Italian GDP.[5] Borsa Italiana is also informally known as Piazza Affari ("Business Square"), after the city square of Milan where its headquarters (the Palazzo Mezzanotte building) is located. Borsa Italiana is chaired by Andrea Sironi, and Raffaele Jerusalmi is the CEO. They are both directors of the London Stock Exchange Group.[6] Borsa Italiana is regulated by the Commissione Nazionale per le Società e la Borsa (CONSOB), an agency of the Ministry of Economy and Finance, based in Rome. HistoryThe Borsa di commercio di Milano (Milan Stock Exchange) was established by Eugène de Beauharnais, viceroy of the Napoleonic Kingdom of Italy, through decrees dated 16 January and 6 February 1808.[7] It operated under public ownership until 1998, when it was privatized.[8] In 1997, all the Italian stocks were merged. Before of this year other smaller stocks exchanges based in Naples, Turin, Trieste, Venice, Genoa, Florence, Bologna, Rome, and Palermo. In 1991 the electronic exchanges were approved and in 1994 the market with grida (A,B,C) was abolished. In Milan were also the currencies exchange rates fixing and the commodities fixing.[9] On 1 October 2007, Borsa Italiana was merged with the London Stock Exchange in an all-share takeover,[10] thus becoming part of the London Stock Exchange Group. In March 2016, the London Stock Exchange Group announced the agreement to merge in an all-stock deal with Deutsche Borse, but was subsequently blocked by the EU Competition Regulator.[11] OperationsBorsa Italiana acts as a market management firm operating with autonomy and flexibility. It organises and manages the domestic stock market along with Italian and international brokers through fully electronic trading system. Among its leading tasks, Borsa Italiana supervises listed companies, defining rules for admission and listings and supervising transaction activities.[12] Trading hoursMarketsMajor trading markets for Borsa Italiana are:
Borsa Italiana also include markets for derivatives (IDEM),[17] ETF (ETFPlus) and bonds (MOT).[18] IndicesBorsa Italiana's main indices are:[19]
Listed companiesSee also
ReferencesNotes
External links
FTSE Italia Mid Cap | |||||||||||||||||||||||||||
| ISIN | [https://handwiki.org/wiki/index.php?title=Toollabs:isin/&language=en&isin=IT0001415246 IT0001415246] | ||||||||||||||||||||||||||
| Industry | Shipbuilding Defence | ||||||||||||||||||||||||||
| Founded | 1959 in Rome, Lazio – Italy | ||||||||||||||||||||||||||
| Headquarters | Trieste , Italy | ||||||||||||||||||||||||||
Area served | worldwide | ||||||||||||||||||||||||||
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| Owner | Cassa Depositi e Prestiti (71.32%) | ||||||||||||||||||||||||||
Number of employees | 22,588 (direct + indirect employees) (12/31/2024) | ||||||||||||||||||||||||||
| Website | www | ||||||||||||||||||||||||||
| Footnotes / references [1] | |||||||||||||||||||||||||||

Fincantieri S.p.A. (it) is an Italian shipbuilding company based in Trieste, Italy. Already the largest shipbuilder in Europe, after the acquisition of Vard in 2013, Fincantieri group doubled in size to become the fourth largest in the world as of 2014[update].[2] 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.
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.[3]
Founded in 1959 as Società Finanziaria Cantieri Navali – Fincantieri S.p.A. as a State financial holding company,[4] part of IRI, the company became a separate entity in 1984.
Fincantieri successfully completed the acquisition of Manitowoc Marine Group from its parent company The Manitowoc Company, Inc. on 1 January 2009, which consisted of two shipyards in Wisconsin, including Marinette Marine, which built the first Script error: The function "sclass" does not exist.. 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.[5]
Already the largest shipbuilder in Europe, after the acquisition of Vard, formerly part of STX Europe, the Fincantieri group doubled in size to become the fourth largest in the world.[2]
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.[6]
On 2 February 2018, Fincantieri announced an agreement for 50 per cent of STX France valued at 59.7 million euro.[7]
In March 2018, Fincantieri established Fincantieri Services USA, a subsidiary based in Miami, Florida, USA.[8]
2020s
In 2024, as part of a framework for strengthening European Defence, including Naval Defence, Fincantieri took over from Leonardo, the naval armaments sector of Whitehead Alenia sistemi subaquei, to complete the acquisition Fincantieri made a grouping of 10 to 1 of the shares and carried out a capital increase with the issue of new shares worth 400 million euros.[9][10][11] The capital increase operation is successfully completed on 11 July 2024.[12][13][14] In June 2024, the construction of the 4th new generation submarine of the Italian Navy was confirmed, for a total order value of 500 million euros.[15] On 18 July 2024, Fincantieri announced a partnership with Hera, for the optimized management of industrial waste produced on construction sites. This will allow Fincantieri to achieve ESG objectives within its shipyards.[16] On 5 February 2025, Fincantieri received from Norwegian Cruise Line a maxi contract worth 9 billion euros for four cruise ships with almost 226 thousand gross tons each to be delivered in 2030, 2032, 2034 and 2036 respectively.[17] On 30 July 2024, in the half-yearly report, Fincantieri confirmed orders for 7.6 billion euros, compared to 2.1 billion in the first half of 2023, and higher than the figure for the whole of 2023 (6.6 billion).[18] On 5 August 2024, The Italian Navy has ordered a new patrol vessel worth approximately 236 million euros from Orizzonte Sistemi Navali, the joint venture active in the defence business between Fincantieri (51%) and Leonardo (49%).[19]
Ships built at Fincantieri (selection)
- 1967 – missing name, a cruiser, for the Italian Navy
- 1983 – missing name, an aircraft carrier, for the Italian Navy
- 1990 – Pacific Jewel (69,845 GT) for P&O Cruises Australia
- 1991 – Pacific Dawn (70,285 GT) for P&O Cruises Australia
- 1993 – missing name (55,451 GT) for Holland America Line
- 1993 – missing name (55,575 GT) for Holland America Line
- 1994 – MS Ryndam (55,819 GT) for Holland America Line
- 1995 – Sun Princess (77,499 GT) for Princess Cruises
- 1995 – Carnival Destiny (101,353 GT) for Carnival Cruise Lines
- 1996 – missing name (57,092 GT) for Holland America Line
- 1996 – Dawn Princess (77,499 GT) for Princess Cruises
- 1997 – missing name (61,849 GT) for Holland America Line
- 1998 – Sea Princess (77,499 GT) for Princess Cruises
- 1998 – Disney Magic (83,000 GT) for Disney Cruise Line
- 1999 – missing name (60,906 GT) for Holland America Line
- 1999 – Carnival Triumph (101,509 GT) for Carnival Cruise Lines
- 1999 – Disney Wonder (83,000 GT) for Disney Cruise Line
- 2000 – missing name (61,396 GT) for Holland America Line
- 2000 – missing name (62,735 GT) for Holland America Line
- 2000 – missing name (77,499 GT) for P&O Cruises
- 2000 – Carnival Victory (101,509 GT) for Carnival Cruise Lines
- 2001 – missing name (81,769 GT) for Holland America Line
- 2002 – Carnival Conquest (110,000 GT) for Carnival Cruise Lines
- 2002 – missing name (82,000 GT) for Holland America Line
- 2003 - Caribbean Princess (113,000 GT) for Princess Cruises
- 2003 – missing name (3,371 GT) for Uksnoy & Co A/S
- 2003 – Carnival Glory (110,000 GT) for Carnival Cruise Lines
- 2003 – Costa Fortuna (102,587 GT) for Costa Crociere
- 2003 – Costa Magica (102,587 GT) for Costa Crociere
- 2004 – missing name (81,811 GT) for Holland America Line
- 2004 – Carnival Valor (110,000 GT) for Carnival Cruise Lines
- 2004 – missing name, an aircraft carrier, for the Italian Navy
- 2005 – missing name, a destroyer, for the Italian Navy
- 2005 – Costa Concordia (114,137 GT) for Costa Crociere
- 2005 – Carnival Liberty (110,000 GT) for Carnival Cruise Lines
- 2006 – missing name (82,500 GT) for Holland America Line
- 2006 – Costa Serena (114,147 GT) for Costa Crociere
- 2006 – Carnival Freedom (110,000 GT) for Carnival Cruise Lines
- 2007 – missing name, a destroyer, for the Italian Navy
- 2007 – missing name (86,700 GT) for Holland America Line
- 2007 – missing name (90,000 GT) for Cunard Line
- 2007 – Carnival Splendor (110,000 GT) for Carnival Cruise Lines
- 2007 – missing name (116,017 GT) for P&O Cruises
- 2008 – Ruby Princess (113,000 GT) for Princess Cruises
- 2008 – Costa Luminosa (92,700 GT) for Costa Crociere
- 2008 – Costa Pacifica (114,500 GT) for Costa Crociere
- 2009 – Carnival Dream (130,000 GT) for Carnival Cruise Lines
- 2009 – missing name (86,700 GT) for Holland America Line
- 2009 – Costa Deliziosa (92,700 GT) for Costa Crociere
- 2009 – missing name (115,055 GT) for P&O Cruises
- 2010 – missing name (90,901 GT) for Cunard Line
- 2010 – Costa Favolosa (114,500 GT) for Costa Crociere
- 2010 – Carnival Magic (130,000 GT) for Carnival Cruise Lines
- 2011 – Costa Fascinosa (114,500 GT) for Costa Crociere
- 2012 – Carnival Breeze (130,000 GT) for Carnival Cruise Lines
- 2013 – MS Royal Princess (143,700 GT) for Princess Cruises
- 2014 – MS Regal Princess (143,700 GT) for Princess Cruises
- 2014 – Costa Diadema (132,500 GT) for Costa Crociere
- 2015 – MV Britannia (145,000 GT) for P&O Cruises
- 2015 – Le Lyrial (10,944 GT) for Compagnie du Ponant
- 2015 – MV Viking Star (47,800 GT) for Viking Ocean Cruises
- 2016 – MV Seabourn Encore (40,350 GT) for Seabourn
- 2016 – Seven Seas Explorer (54,000 GT) for Regent Seven Seas Cruises
- 2016 – MV Viking Sea (47,800 GT) for Viking Ocean Cruises
- 2016 – missing name (99,500 GT) for Holland America Line
- 2016 – Carnival Vista (135,500 GT) for Carnival Cruise Lines
- 2017 – MV Viking Sky (47,800 GT) for Viking Ocean Cruises
- 2017 – Majestic Princess (143,700 GT) for Princess Cruises
- 2017 – MSC Seaside (153,516 GT) for MSC Cruises
- 2017 – MV Viking Sun (47,800 GT) for Viking Ocean Cruises
- 2018 – MV Seabourn Ovation (40,350 GT) for Seabourn
- 2018 – MS Nieuw Statendam (99,500 GT) for Holland America Line
- 2018 – Carnival Horizon (135,500 GT) for Carnival Cruise Lines
- 2018 – MV Viking Orion (47,800 GT) for Viking Ocean Cruises
- 2018 – MSC Seaview (153,516 GT) for MSC Cruises
- 2019 – Sky Princess (143,700 GT) for Princess Cruises
- 2019 – Carnival Panorama (133,500 GT) for Carnival Cruise Line
- 2019 – MV Viking Jupiter (47,800 GT) for Viking Ocean Cruises
- 2020 – Costa Firenze (135,500 GT) for Costa Crociere
- 2020 – Enchanted Princess (143.700 GT) for Princess Cruises
- 2020 – Scarlet Lady (110,000 GT) for Virgin Voyages
- 2021 – MSC Seashore (169,380 GT) for MSC Cruises
- 2021 – MV Viking Venus (47,800 GT) for Viking Ocean Cruises
- 2021 – Valiant Lady (110,000 GT) for Virgin Voyages
- 2021 – MS Rotterdam (2020) (99,000 GT) Holland America Line
- 2022 – MV Mark W. Barker (26,000 GT) Interlake Steamship Company
- 2022 – Resilient Lady (110,000 GT) for Virgin Voyages
- 2022 – MSC Seascape (169,380 GT) for MSC Cruises
- 2022 – MV Viking Mars (47,800 GT) for Viking Ocean Cruises
- 2022 – Norwegian Prima (140,000 GT) for Norwegian Cruise Line
- 2022 – MV Viking Neptune (47,800 GT) for Viking Ocean Cruises
- 2023 – Norwegian Viva (140,000 GT) for Norwegian Cruise Line
- 2023 – MV Viking Saturn (47,800 GT) for Viking Ocean Cruises
- 2023 – Vista (67,000 GT) for Oceania Cruises
- 2023 – Explora I (63,000 GT) for Explora Journeys
- 2024 – Sun Princess (178,000 GT) for Princess Cruises
- 2024 – MV Viking Vela (53,700 GT) for Viking Ocean Cruises
- 2024 – Queen Anne (113,000 GT) for Cunard Line
- 2024 – Explora II (63,000 GT) for Explora Journeys
- 2025 – Mein Schiff Relax (160,000 GT) for TUI Cruises
- 2025 – Star Princess (178,000 GT) for Princess Cruises
- 2026 – Mein Schiff Flow (160,000 GT) for TUI Cruises
List of shipyards
Cruise and ferry
Monfalcone shipyards (located at Monfalcone, Gorizia)
Marghera shipyards (located at Marghera, Venice)
Ancona shipyards (located at Ancona)
Sestri Ponente shipyards[20] (located at Genova)
VARD Søviknes Shipyard
Military ships
Muggiano shipyards (located at La Spezia)
Riva Trigoso shipyards (located at Sestri Levante, Genova)
Castellammare di Stabia shipyards (located at Castellammare di Stabia, Napoli)
Marinette Marine (located at Marinette, Wisconsin)
ACE Marine (located at Green Bay, Wisconsin)
Offshore and specialty vessels
VARD Brattvåg shipyard
VARD Langsten shipyards
VARD Brăila shipyards
VARD Tulcea shipyards
VARD Promar shipyard
VARD Vũng Tàu shipyard
Service
Palermo shipyards (located at Palermo)
Trieste shipyards (located at Trieste)
Bay Shipbuilding Company shipyard (located in Wisconsin)
See also
- List of ships built by Fincantieri
- Isotta Fraschini
- Cantieri Riuniti dell'Adriatico
- WASS Submarine Systems
References
- ↑ "Annual Report 2021". https://www.fincantieri.com/globalassets/investor-relations/bilanci-e-relazioni/2021/fincantieri-annual-report-eng-2021.pdf.
- ↑ 2.0 2.1 Howard, Gary (21 March 2014). "Fincantieri makes $117m in first year with Vard". http://www.seatrade-global.com/news/asia/fincantieri-makes-$117m-in-first-vard-year.html.
- ↑ "History". http://www.wartsila.com/en/about/company-management/history.
- ↑ "Organisation". http://www.fincantieri.it/cms/data/pages/000041.aspx.
- ↑ "FINCANTIERI MARINE GROUP ESTABLISHED TO OPERATE IN THE U.S. MARKET. FINCANTIERI COMPLETES ACQUISITION OF MANITOWOC MARINE GROUP". 2009-01-02. http://www.fincantieri.it/cms/data/browse/news/000262.aspx.
- ↑ "INCANTIERI: FIVE NEXT-GENERATION SHIPS FOR CARNIVAL CORPORATION". 2015-03-27. http://www.fincantieri.it/cms/data/browse/news/000619.aspx.
- ↑ "Fincantieri Signs Agreement for 50 Percent of STX France" (in en-GB). 2018-02-02. https://www.cruiseindustrynews.com/cruise-news/18477-fincantieri-signs-agreement-for-50-percent-of-stx-france.html.
- ↑ "Fincantieri Services USA Launched" (in en-GB). 2018-03-09. https://www.cruiseindustrynews.com/cruise-news/18684-fincantieri-service-usa-launched.html.
- ↑ "Fincantieri, ok Consob all'aumento di capitale. Oggi il Cda". ilsole24ore.com. ilsole24ore.com. 20 June 2024. https://www.ilsole24ore.com/art/fincantieri-ok-consob-all-aumento-capitale-operazione-via-24-giugno-AGjRS8e.
- ↑ "Corrono azioni e diritti Fincantieri, +30% sul valore precedente all'aumento di capitale". themeditelegraph.com. themeditelegraph.com. 1 July 2024. https://www.themeditelegraph.com/it/shipping/2024/07/01/news/corrono_azioni_diritti_fincantieri_30_sul_valore_prima_aumento_capitale-14437940/.
- ↑ "Fincantieri, a 2,62 ogni nuova azione di aumento di capitale". ansa.it. ansa.it. 21 June 2024. https://www.ansa.it/friuliveneziagiulia/notizie/2024/06/21/fincantieri-a-262-ogni-nuova-azione-di-aumento-di-capitale_a38366bf-2d18-4794-a11c-ab7499078407.html.
- ↑ "Fincantieri: sottoscritto 99,2% delle azioni offerte in aumento capitale (RCO)". ilsole24ore.com. ilsole24ore.com. 11 July 2024. https://www.ilsole24ore.com/radiocor/nRC_11.07.2024_18.47_59110591.
- ↑ "Fincantieri, l'ad Folgiero sottoscrive diritti a 2 euro per l'aumento di capitale da 400 milioni". milanofinanza.it. milanofinanza.it. 11 July 2024. https://www.milanofinanza.it/news/fincantieri-l-ad-folgiero-sottoscrive-diritti-a-2-euro-per-l-aumento-di-capitale-da-400-milioni-202407102047461939.
- ↑ "Fincantieri, va in porto l'aumento di capitale". milanofinanza.it. milanofinanza.it. 11 July 2024. https://www.milanofinanza.it/news/fincantieri-va-in-porto-l-aumento-di-capitale-202407112150325473.
- ↑ "Fincantieri cresce nel settore della difesa: costruirà il quarto sottomarino di nuova generazione per la Marina Militare". milanofinanza.it. milanofinanza.it. 28 June 2024. https://www.milanofinanza.it/news/fincantieri-cresce-nel-settore-della-difesa-costruira-il-quarto-sottomarino-di-nuova-generazione-per-202406280947129070.
- ↑ "Fincantieri gestirà i rifiuti industriali con Hera. Cosa prevede la nuova partnership". milanofinanza.it. milanofinanza.it. 18 July 2024. https://www.milanofinanza.it/news/fincantieri-gestira-i-rifiuti-industriali-con-hera-cosa-prevede-la-nuova-partnership-202407181420596426.
- ↑ "Fincantieri, le più costose navi da crociera di sempre". lastampa.it. lastampa.it. 6 February 2025. https://www.lastampa.it/mare/2025/02/06/news/fincantieri_le_piu_costose_navi_da_crociera_di_sempre-14987257/.
- ↑ "Fincantieri, nel semestre infrastrutture e Vard fanno salire l'ebitda a 214 milioni. Migliora la marginalità". milanofinanza.it. milanofinanza.it. 6 August 2024. https://www.milanofinanza.it/news/fincantieri-nel-semestre-infrastrutture-e-vard-fanno-salire-l-ebitda-a-214-milioni-migliora-la-marginalita-202407301627251018.
- ↑ "Difesa, Fincantieri e Leonardo costruiranno con Orizzonte Sistemi Navali un nuovo pattugliatore da 236 milioni per la Marina". milanofinanza.it. milanofinanza.it. 6 August 2024. https://www.milanofinanza.it/news/difesa-fincantieri-e-leonardo-costruiranno-con-orizzonte-sistemi-navali-un-nuovo-pattugliatore-da-236-202408050902371401.
- ↑ "Fincantieri Sestri Ponente the launch of the ultra-luxury ship Silver Muse". Genova 24. April 2, 2017. http://www.genova24.it/2017/04/fincantieri-sestri-ponente-varo-della-nave-extra-lusso-silver-muse-177497/.
External links
[ ⚑ ] 45°38′08.08″N 13°46′32.56″E / 45.6355778°N 13.7757111°E Template:Fincantieri Template:List of ships built by Fincantieri Template:Shipbuilding companies of Italy

