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37-543: The company is listed on the Borsa Italiana (Milan Stock Exchange) and is a component of FTSE Italia Mid Cap Index. 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. Founded in 1959 as Società Finanziaria Cantieri Navali – Fincantieri S.p.A. as

74-483: A State financial holding company, part of IRI , the company became a separate entity in 1984. Fincantieri employs a staff of about 10,000 workers at eight shipyards, two design centres, one research centre and two production sites for mechanical components. Another 10,000 people contribute to its supply chains. The shipyards of Monfalcone ( Gorizia ), Marghera ( Venice ), Sestri Ponente ( Genoa ), Ancona , Castellammare di Stabia ( Naples ) and Palermo report to

111-443: A framework for strengthening European Defence , including Naval Defence, Fincantieri took over from Leonardo , the naval armaments sector of Wass (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. The capital increase operation is successfully completed on 11 July 2024. In June 2024,

148-405: A fully electronic trading system. Among its leading tasks, Borsa Italiana supervises listed companies, defining rules for admission and listings and supervising transaction activities. The exchange has pre-market sessions from 8AM to 9AM, normal trading sessions from 9am to 5:30PM and post-market sessions from 6PM to 8:30PM on all days of the week except Saturdays, Sundays, and holidays declared by

185-414: A maxi contract worth over 2 billion euros for three cruise ships with almost 230 thousand gross tons to be delivered in 2029, 2031 and 2033 respectively. 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). On 5 August 2024, The Italian Navy has ordered

222-448: A new patrol vessel worth approximately 236 million euros from Orizzonte Sistemi Navali, the joint venture active in the defense business between Fincantieri (51%) and Leonardo (49%). 45°38′08.08″N 13°46′32.56″E  /  45.6355778°N 13.7757111°E  / 45.6355778; 13.7757111 Borsa Italiana Borsa Italiana , based in Milan at Mezzanotte Palace ,

259-595: A proposal to change the company name. From 1 January 2017 Finmeccanica officially became Leonardo, a name inspired by the Italian savant Leonardo da Vinci . In March 2017 the Italian Treasury proposed that the veteran banker Alessandro Profumo replace Mauro Moretti as CEO of Leonardo. In May 2017 the Board appointed Alessandro Profumo to the role. On 10 May 2023 the Board of Directors appointed Mr. Roberto Cingolani to

296-441: A single industrial company by integrating the activities of its subsidiaries AgustaWestland , Alenia Aermacchi , DRS Technologies , Selex ES , OTO Melara and WASS . The company is organised into five divisions (Helicopters, Aircraft, Aerostructures, Electronics, Cybersecurity). It is also the parent company and corporate centre for the subsidiaries and joint ventures Telespazio , Thales Alenia Space , MBDA and ATR . Leonardo

333-665: 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. 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

370-665: A €4.3 billion deal was agreed between the London Stock Exchange Group and pan-European stock exchange group Euronext . Euronext's acquisition of the Italian Bourse was completed on 29 April 2021. It is expected Italian Bourse will be rebranded as Euronext Milan in due course. Borsa Italiana is also informally known as Piazza Affari ( lit.   ' Business Square ' ), after the city square of Milan where its headquarters (the Palazzo Mezzanotte building)

407-474: Is an Italian multinational company specialising in aerospace , defence and security . Headquartered in Rome , Italy , the company has 180 sites worldwide. It is the 12th largest defence contractor in the world based on 2020 revenues. The company is partially owned by the Italian government, which holds 30.2% of the company's shares and is its largest shareholder. On 1 January 2016, Leonardo-Finmeccanica became

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444-460: Is listed on the Borsa Italiana and is a constituent of the FTSE MIB and Dow Jones Sustainability Indices . As of April 2016 , the company was known by the transitional name of Leonardo-Finmeccanica, as part of the restructuring process of the company carried out by CEO Mauro Moretti from the beginning of his mandate in 2014. The company changed its name to Leonardo S.p.A. on 1 January 2017, after

481-663: Is located. Borsa Italiana is chaired by Claudia Parzani, and Fabrizio Testa is the CEO. 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. As of April 2018, overall capitalisation for listed companies on Borsa Italiana was worth €644.3 billion, representing 37.8% of Italian GDP . The Borsa di commercio di Milano (Milan Stock Exchange)

518-508: Is the Italian stock exchange . It manages and organises domestic market, regulating procedures for admission and listing of companies and intermediaries and supervising disclosures for listed companies. Following exchange privatisation in 1997, the Italian Bourse was established and became effective on 2 January 1998. On 23 June 2007, the Italian Bourse became a subsidiary of the London Stock Exchange Group . This changed on 9 October 2020, when

555-678: The Damascus suburb Muadamia in May 2011, after the Syrian uprising had started, and sending engineers to Damascus in February 2012 to provide training in using the communications equipment in helicopter terminals, while the uprising continued. Finmeccanica stated that the equipment sales were legal, they occurred "before the outbreak of conflict inside Syria", and the equipment "was designed for use by emergency responders" for civilian use only. On 12 February 2013,

592-628: The Milan Borsa Italiana stock exchange. In 1992 Finmeccanica's Agusta became a 32% partner in NHIndustries , the prime contractor for the NH90 helicopter , along with Eurocopter (62.5%) and Fokker (5.5%). In July 2000 Finmeccanica and the British GKN agreed to merge their respective helicopter subsidiaries ( Agusta and GKN-Westland Helicopters ) to form AgustaWestland . In December 2001,

629-522: The 100% owned companies of the core aerospace and defence business (AgustaWestland, Alenia Aermacchi, Oto Melara, Selex ES and WASS) being transformed into seven new Finmeccanica divisions. The current holding company will then become an operating company based on seven major business areas, maintaining its parent company and corporate centre function for the Group companies excluded from the model (DRS Technologies, Telespazio, Thales Alenia Space, MBDA and ATR). At

666-501: The 1980s Italy's defence and aerospace industry was split into state-holding entities: EFIM  [ it ] owned the helicopters manufacturer Agusta , the defence company Oto Melara and the electronic enterprise Officine Galileo . STET (another IRI subsidiary) held Selenia , Elsag and SGS Thomson , all electronic enterprises with specializations in security and defense. In 1989, an internal IRI reorganization process brought STET electronic enterprises to Finmeccanica, and

703-459: The Aeritalia-Selenia merger constituted its aerospace subsidiary Alenia . In 1992 EFIM was wound up because of its troubled financial situation; and Agusta, Oto Melara, Officine Galileo and Breda passed to Finmeccanica, which became one of the main Italian industrial groups. Finmeccanica, which was previously fully state owned by IRI, became partly privatized in 1993, when it was listed in

740-541: The European group assumed control of the company. Its weight on the total Italian economy is growing: the overall capitalization of listed companies in December 2021 stood at 757 billion (equal to 43.1% of GDP), up by 24.7% compared to 2020. Borsa 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

777-507: The Exchange in advance. Major trading markets for Borsa Italiana are: Borsa Italiana also include markets for derivatives (IDEM), ETF (ETFPlus) and bonds (MOT). Borsa Italiana's main indices are: For a full list see Category:Companies listed on the Borsa Italiana . Notes Leonardo S.p.A. Leonardo S.p.A. , formerly Leonardo-Finmeccanica and originally Finmeccanica ,

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814-400: The Italian inventor Leonardo da Vinci . Società Finanziaria Meccanica, "Finmeccanica", was established in 1948 as the mechanical engineering subholding of the state-owned Istituto per la Ricostruzione Industriale (IRI). Finmeccanica has held for years some historic Italian enterprises, as Alfa Romeo (automobiles), Aeritalia (aerospace) and Ansaldo (engineering). From the 1960s to

851-690: The Merchant Ships Business Unit while the shipyards of Riva Trigoso ( Genoa ) and Muggiano ( La Spezia ) report to the Naval Vessel Business Unit. 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 Freedom -class littoral combat ship. Fincantieri also purchased from Manitowoc Marine Group

888-620: The United Kingdom, Poland and the United States. Moreover, Leonardo has gained a significant presence in France and Germany, and is a partner for various international industrial collaborations. The company is an ITER supplier. In December 2021, Leonardo Electronics announced it would be building a semiconductor device fabrication facility in Oro Valley, Arizona with construction beginning in

925-466: The agreement to merge in an all-stock deal with Deutsche Borse , but was subsequently blocked by the EU Competition Regulator. On 18 September 2020, the London Stock Exchange Group entered into exclusive talks to sell the Italian Bourse to Euronext . On 29 April 2021, following the entry of CDP Equity and Intesa San Paolo (Italian institutional investors) as shareholders of Euronext,

962-473: The avionics, C4ISTAR and communications businesses of the two companies. In March 2007, BAE Systems sold its 25% share to Finmeccanica for €400 million. In January 2013 the company merged with Finmeccanica's other defence electronics companies, SELEX Elsag and SELEX Sistemi Integrati , to become Selex ES . In May 2008 Finmeccanica announced its intention to purchase the U.S. defense contractor DRS Technologies for nearly $ 5.2 billion. In October 2008

999-620: The chief executive, Giuseppe Orsi , was arrested on corruption charges. Prosecutors alleged that he paid bribes to ensure the sale of 12 helicopters to the Indian government, when he was head of the group's AgustaWestland unit. In July 2013, the Letta government appointed former police chief Giovanni De Gennaro as Chairman of Finmeccanica. In December 2013 Finmeccanica sold 39.55% of its share capital in Ansaldo Energia to Fondo Strategico Italiano. In

1036-466: The construction of the 4th new generation submarine of the Italian Navy was confirmed, for a total order value of 500 million euros. 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. On 24 July 2024, Fincantieri received from Carnival

1073-536: The electronic exchanges were approved, and in 1994, the market with grids (A, B, C) was abolished. In Milan were also the currencies exchange rates fixing and the commodities fixing. On 1 October 2007, Borsa Italiana was merged with the London Stock Exchange in an all-share takeover, thus becoming part of the London Stock Exchange Group. In March 2016, the London Stock Exchange Group announced

1110-533: The end of 2014, Finmeccanica transferred its stake in BredaMenarinibus to the newco Industria Italiana Autobus (20% Finmeccanica and 80% King Long), thereby taking a further step in the Group's portfolio rationalization process. In 2015, Hitachi signed a binding agreement with Finmeccanica for Hitachi's acquisition of the AnsaldoBreda business , excluding some revamping activities and residual contracts, and of

1147-718: The entire Finmeccanica stake in the share capital of Ansaldo STS , approximately 40% of the total capital. FATA, another subsidiary of the Finmeccanica Group since 2004 that was not part of the core business, was sold in 2015 to the Gruppo Danieli, dealing in the production of steel plants. On 1 January 2016, Finmeccanica became a single integrated industrial entity, that absorbed the activities of AgustaWestland, Alenia Aermacchi, Selex ES, OTO Melara and WASS. A company rebranding operation led by Mauro Moretti began in March 2016, with

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1184-465: The first half of 2014, Finmeccanica's new Chief Executive Officer and General Manager Mauro Moretti started a significant process of change for the Group, both in terms of strategic choices and organizational structure. The goal was to create a more cohesive and efficient group in which all processes (research, marketing and sales, engineering, procurement, strategies and governance) are centralized and integrated and can interact each other. This encompasses

1221-419: The missile business of Alenia Marconi Systems (AMS), a joint Finmeccanica/ BAE Systems company, was merged with other European missile manufacturers to form MBDA , which became the world's second largest missile manufacturer. In July 2003 Finmeccanica and BAE Systems announced their intention to set up three joint venture companies, to be collectively known as Eurosystems . These companies would have pooled

1258-512: The position of Chief Executive Officer and General Manager, Mr. Stefano Pontecorvo to the role of Chairman, Mr. Lorenzo Mariani to the role of Co-General Manager. Leonardo is present worldwide in about 20 countries (42% in Italy and 58% abroad). Commercially, there are about 150 countries in the world that use products, systems and services supplied by Leonardo. Its production activities and its main industrial and commercial bases are located in Italy,

1295-495: The sale of DRS Technologies was finalized. During 2011–2013, Finmeccanica emails were published by WikiLeaks and Finmeccanica was subject to judicial inquiries on several fronts and management changes. According to Finmeccanica emails published in the Syria Files release by WikiLeaks on 5 July 2012, Finmeccanica increased its sale of mobile communications equipment to Syrian authorities during 2011, delivering 500 of these to

1332-496: The world. 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. On 2 February 2018, Fincantieri announced an agreement for 50 percent of STX France valued at 59.7 million euro. In March 2018, Fincantieri established Fincantieri Services USA – a subsidiary based in Miami, Florida , USA. In 2024, as part of

1369-726: Was established by Eugène de Beauharnais , viceroy of the Napoleonic Kingdom of Italy , through decrees dated 16 January and 6 February 1808. It overtook the historically poorly regulated Borsa di Genova , later becoming the Italy's main stock exchange after the Panic of 1907 . It operated under public ownership until 1998, when it was privatized. In 1997, all the Italian stocks were merged. Before that year, other smaller stocks exchanges were based in Naples , Turin , Trieste , Venice , Genoa , Florence , Bologna , Rome , and Palermo . In 1991,

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