Fincantieri & Vittoria Shipyard Join Forces

By Joseph R. Fonseca
Thursday, October 30, 2014

During the 24th edition of Euronaval, the most prestigious event in the world for naval defense, Fincantieri, one of the major shipbuilding groups worldwide, and Vittoria Shipyard, located in Adria (Rovigo), specialized in naval vessels, and cargo ships up to 100 meters in length, signed a cooperation agreement. The agreement was signed by Paolo Frino, Senior Vice President After Sale and Services of Fincantieri Naval Vessel Business Unit, and Luigi Duó, Chairman of Vittoria Shipyard.

This agreement envisages the supply of services and activities related to platforms for minor units, both for naval and merchant purposes. The agreement envisages in particular the development, promotion and sale on foreign markets of patrol vessels, small and medium size cargo ships, aiming at enhance the sharing of knowledge and skills between the two groups.

This cooperation emphasizes the attention towards high added value activities that can strengthen and support the know-how related to ship design and components.

The agreement reinforces the competitive market position of Fincantieri worldwide, widening the range of products offered. Vittoria Shipyard can benefit from this partnership by sharing with Fincantieri and enhancing its expertise, competencies and management skills.
 

Categories: Eye on the Navy Marine Equipment Marine Materials Mergers & Acquisitions Navy Shipbuilding Vessels

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