There is a lot of concern within the Italian shipbuilding sector after Fincantieri, the last large public industry in Italy, decided to open its capital: strikes follow strikes in the group's factories from northern to southern Italy and a national demonstration is planned today June 15 in Rome. (Ref. 070530)
The State, majority shareholder (98.8%) of the group (through Fintecna, controlled by the Ministry of the economy and heir of the public industrial group IRI), announced in March that it intends to sell 49% of its shares before the end of June in order to carry out the investment plan (€800 million spread on five years) proposed by the management. The decision immediately caused the mobilization of the FIOM-CGIL union, which thinks that it is “irresponsible”. The FIOM requires another industria
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