Fincantieri subscribes to the PSC Group’s capital increase

On 4th August 2018, Fincantieri Spa  acquired a 10% stake in the share capital of the PSC Group, in order to strengthen the collaboration between the two companies.

The goal is to develop together  the industrial activities related to the design and implementation of technological systems in the naval sector. The entry of the new industrial partner will add synergies in order to keep  a step ahead in the constant evolution of the technological sector.

Fincantieri , already owned by IRI since its foundation, is a multinational which operates in the shipbuilding sector, with 71.6% controlled by Fintecna SpA, a financial company of the Ministry of Economy and Finance.
Twenty sites in Europe, the Americas and Asia. About twenty thousand employees, of which 60% works abroad, and a turnover of more than 4 billion euro. The Group, listed on the Milan Stock Exchange, is currently one of the largest shipbuilding groups in the world, a leader in the  design and construction of cruise ships  and the only one capable of building all types of highly
complex vessels at an international level.

“I am very proud and satisfied with the entry of a world-renowned industrial and strategic partner like Fincantieri,”  declares the President of PSC,  Umberto Pesce ,  “because it will strengthen the fulfilment of the industrial plan with important growth prospects which forecast reaching  a turnover of over 300 million euro  and an order portfolio of over one billion euro in 2020”.