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Monfalcone

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Monfalcone ( Italian pronunciation: [moɱfalˈkoːne] ; Bisiacco : Mofalcòn ; Friulian : Monfalcon ; Slovene : Tržič ; archaic German : Falkenberg ) is a town and comune (municipality) in the Regional decentralization entity of Gorizia in Friuli-Venezia Giulia , northern Italy, located on the Gulf of Trieste . Its name means 'falcon mountain' (see Montfaucon in French and Falkenberg in Germanic languages).

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24-610: It is a major industrial centre for manufacturing ships, airplanes, textiles, chemicals, and refined oil, and the home of the Fincantieri cruise ship building company. Monfalcone is the northernmost city on the Mediterranean Sea . Monfalcone is the fifth most populous town in Friuli-Venezia Giulia and the main centre of Bisiacaria territory. Joined to its neighbourhoods, it has about 50,000 inhabitants. The town lies between

48-449: 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,

72-405: 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

96-416: 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

120-448: 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 ,

144-666: 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

168-665: 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)

192-663: 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)

216-508: 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

240-572: The Austro-Americana Line based in Trieste . During World War I , the town was captured by Italian forces in 1915 and became the rear line during the bloody Battles of the Isonzo , being briefly recaptured by Austria-Hungary after the 1917 Battle of Caporetto , but returning to Italy in 1918. The shipyards were severely damaged by bitter fighting and had to be rebuilt afterwards. During World War II

264-481: The Fondo Egone Missio Archives (Egone Missio Archives). Monfalcone is twinned with: In 2024 religious, cultural and ethnic factors gained importance with cricket being banned in the town. Fincantieri Fincantieri S.p.A. ( Italian pronunciation: [fiŋkanˈtjɛːri] ) is an Italian shipbuilding company based in Trieste , Italy . Already the largest shipbuilder in Europe, after

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288-634: The Karst hills and the Adriatic coast, and it is the northernmost port of the Mediterranean Sea. In prehistoric times the area of Monfalcone housed several fortified villages called castellieri . After the foundation of the Roman city of Aquileia (181 BC), some thermal buildings were created on the hills, known as Insulae Clarae . After Ostrogoth , Byzantine , Lombard , and Frankish domination, Monfalcone

312-737: The 1797 Treaty of Campo Formio . From 1805 it was controlled by the French Empire until the fall of Napoleon in 1814, after which it was included in the Kingdom of Illyria , part of the Austrian Empire . Incorporated into the crown land of Gorizia and Gradisca , it belonged to the Austrian Littoral from 1849. The first shipyards arose from about 1908 onwards, among them the Cantiere Navale Triestino company building steamships for

336-541: 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

360-691: 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

384-471: The acquisition of Vard in 2013, Fincantieri group doubled in size to become the fourth largest in the world (2014). The company builds both commercial and military vessels. 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

408-466: 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,

432-468: 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

456-735: 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 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

480-536: 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

504-758: The town was repeatedly bombed and heavily damaged, became a center of the Italian Resistance after the Armistice of Cassibile , and it was briefly occupied by Yugoslav troops at the end of the war. Monfalcone railway station , opened in 1860, is a junction between the Venice–Trieste railway and the Udine–Trieste railway . The construction and design records of the ships produced in Monfalcone Shipyard Number 1 from 1909 - 1967 have been preserved in

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528-500: 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

552-615: Was controlled by the Patriarchs of Aquileia starting from 967. The Venetians conquered it in 1420 after three days of siege, keeping it until 1511, when it fell to the French. Conquered back by Venice, it was ravaged by the troops of Habsburg Emperor Maximilian I in 1513, who destroyed the Rocca fortress. In 1521 it was returned to the Republic of Venice, under which it remained until its dissolution by

576-824: 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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