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2020-02-02

Naviris to Build the Future of Shipbuilding

The first board meeting of Naviris, the joint venture between Fincantieri and Naval Group, recently took place. This partnership cements the goal of the two companies to build a future of excellence for the shipbuilding industry and Navies.

The alliance is the evolution of the historical partnership existing between the two companies. With more than 20 years of cooperation, Naval Group and Fincantieri have achieved success together – as early as the 1990s with the Horizon air defence destroyer programme (four ships) and with the FREMM multi-mission frigate programme, on-going since 2005 (20 vessels).

Naviris paves the way to the consolidation of European naval defence in response to the increasing pressure of worldwide competitors. Through Naviris, Fincantieri and Naval Group are pooling their strengths to develop a new strategic capability and respond in an innovative way to the needs of their customers.

The two companies have established Naviris as a 50/50 joint venture. With the head office located in Genoa and a subsidiary in Ollioules, the Naviris team will focus on bi-national and export projects. Giuseppe Bono has been appointed Chairman and Hervé Guillou Member of the Board. Claude Centofanti, Chief Executive Officer and Enrico Bonetti, Chief Operational Officer, will run the joint venture. Parent companies are equally represented on the Board of Directors.

Naviris’ objective is to create value for its customers through the following key areas: Common R&D projects, worldwide proposals, prime contractorship and design authority, and procurement optimisation. The joint venture will foresee export and common French-Italian opportunities, such as the first studies for the Mid-Life Upgrade of the French and Italian Horizon-class destroyers, as well as European projects, such as the development of the European Patrol Corvette light frigates.

“We are grateful to have received the unconditional support of our governments for the creation of a new European leader for the strategic sector of naval defence. Together, we will accelerate our technological advance and maintain our key differentiators by combining our R&D capabilities, renovating the products for the benefit of our customers. Naviris opens the way to a real construction of European naval defence,” CEOs Bono and Guillou were quoted saying.

Fincantieri is one of the world’s largest shipbuilding groups. It is a leader in cruise ship design and construction and a reference player in all high-tech shipbuilding industry’s sectors, from naval to offshore vessels, from high-complexity special vessels and ferries to mega-yachts, ship repairs and conversions, systems and components production and after-sales services.

While the Naval Group is the European leader in naval defence, and designs, produces and maintains submarines and surface vessels. It also provides services for naval shipyards and bases.

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