Fincantieri SpA - Company Profile
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Business Description
Fincantieri SpA (Fincantieri) is a shipbuilder. It develops and manufactures offshore and naval vessels, merchant vessels and passenger ships. It also offers ship repairing and conversion services.
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R&D Overview
The company focuses on the ‘Horizon 2020’ program, which offers funding for various research and innovation projects to improve its competitiveness in the industry. Fincantieri is also a partner in the ‘Waterbourne’, a European technology platform to conduct research on maritime, and naval sectors. Fincantieri participated in the development of five technology clusters as part of its innovation activity. In FY2022, the company spent EUR158 million on R&D, which as a percentage of its total revenue stood at 2% and grew 1.9% YoY.
Business Segments
Overview
Manufactures various marine systems and components, turbines, diesel engines and generation systems, naval automation and entertainment systems, integrated systems, cabins, and steel structures. Carries out the fitting out of cabins, public areas, catering, wet units and windows, Electronics, Systems and Software provides advanced technological solutions, from the design and integration of complex systems to telecommunications and critical infrastructure. Designs and constructs energy generation and storage systems; designs and constructs steel structures for large civil and maritime projects. Also offers after-sales services including maintenance, repair, overhaul, and conversion (MRO&C), integrated logistic support and in-service support services for products.
Performance
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Overview
Designs and manufactures support vessels for the oil and gas exploration and production market. Designs and constructs high-end offshore support vessels, specialized ships, and vessels for offshore wind farms and open ocean aquaculture. Offer innovative products in the field of drillships and semi-submersible drilling rigs. Operates through VARD group, Fincantieri SpA and Fincantieri Oil & Gas SpA.
Performance
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Overview
Designs and constructs cruise ships, ferries, naval vessels, expedition cruise vessels and mega yachts. Also provides ship conversion and repair services.
Performance
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Overview
Carries out the corporate activities.
Performance
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Geographical Segments
Performance
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Target Markets
Norway, Romania, Vietnam, the US, Brazil, Croatia, Sweden, Poland, China, India, Qatar, Singapore, Japan and Australia.
Performance
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