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Seatec International Maritime Review 1/2013 - PubliCo Oy

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ments. It is widely believed that Fincantieri<br />

now has the muscle to compete with the<br />

Asian giants.<br />

Compared with the other four top<br />

producers (all of which are Korean), the<br />

Fincantieri Group boasts a leadership position<br />

in all the maritime high-tech sectors,<br />

and is enriching its product portfolio<br />

with the entry into the offshore oil &<br />

gas market.<br />

STX OSV has approximately 9 200<br />

employees and 10 shipyards around the<br />

world (5 in Norway, 2 in Romania, 1 in Vietnam<br />

and 2 in Brazil, of which one currently<br />

under construction). In the past<br />

three years it has generated average revenues<br />

of approximately EUR 1.6 billion and<br />

has an order backlog was EUR 2.1 billion.<br />

BACK IN THE GAME<br />

This acquisition was hailed as being com-<br />

24 seatec 1/<strong>2013</strong>

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