All Italy articles – Page 52
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Gianneschi Pumps & Blowers celebrates 50 years
Italy-based Gianneschi Pumps & Blowers hosted a large delegation of international dealers at its facilities in Versilia earlier this month to help celebrate its 50-year anniversary.
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Ferretti Group cancels planned IPO
Despite strong sales results and reported investor interest in an IPO offering 30% of the Italian yacht builder’s shares, the Ferretti Group nevertheless decided to pull the plug on the public listing in the final hours of the offer period. The builder cited deteriorating conditions in the financial markets which ...
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Ferretti withdraws IPO
Despite positive orders, the company said current market conditions didn’t produce a sufficient valuation
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Ferretti extends its IPO offer period
In view of the ongoing discussions with institutional investors, the Italian yachtbuilder Ferretti Group has extended the offer period for the pending listing of its shares on the Milan Stock Exchange
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Ferretti IPO roadshow ends in Zurich tomorrow
CEO Alberto Galassi lays out Ferretti’s prospects to investors in London, Frankfurt, Paris and Zurich this week ahead of its debut on the Milan stock exchange.
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US interiors specialist merges with Italian SY yard
Genesis Interiors, a US-based builder and installer of handmade luxury interiors for yachts and private homes, has merged with Italy’s Cantiere Viareggio.
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Ferretti announces jump in orders in midst of IPO
Ferretti Group reports new orders totalling more than €465 million for the first nine months of 2019, a gain of 18% over last year
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New dates, location for Viareggio show
The organisers of the Versilia Yachting Rendez-vous have announced that next year’s edition will be held from May 28-31, taking up a more strategic position on the calendar of nautical-related events.
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New details emerge on Ferretti IPO
According to a report on the online Market Watch financial news service, Italy’s Ferretti Group plans to list around 30% of its stock on the Milan Stock Exchange this month.
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2019 Genoa show attracts strong crowd
The 2019 Genoa International Boat Show ended its six-day run on September 24 with 188,404 visitors having passed through the gates – up 8% over the 2018 edition. Peak numbers were reached on the Saturday, with 43,000 people in one day alone.
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Genoa to host Ocean Race grand finale
The Italian city of Genoa has been chosen to host the grand finale of The Ocean Race 2021-22, marking the first time the fully-crewed, round-the-world yacht race will come to Italy. The news was announced on Monday at the 49th Genoa Boat Show.
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Nauticus appoints Smart Tabs distributor for Italy
US trim tab manufacturer Nauticus Inc has chosen Indemar to distribute its Smart Tabs range of automatic trim tabs in Italy.
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Sanlorenzo files application for listing with Milan Stock Exchange
Following its announcement in Cannes that it would pursue its planned initial public offering (IPO) stock listing, Italian yacht-builder Sanlorenzo today confirmed that it has filed an application to join the Milan Stock Exchange (Borsa Italiana).
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Italian boating industry sees fourth consecutive year of double-digit growth
talian marine industry association UCINA presented its latest figures on Thursday, marking the start of the 2019 Genoa Boat Show.
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Amico’s 4,000-tonne shiplift to start operation in October
New facility key part of €30m expansion programme
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Award-winning collaboration between Ferretti & Francesco Paszkowski Design Studio extends to new Custom Line 106
Last year Ferretti, along with Francesco Paszkowski Design Studio and Mecaer Aviation Group picked up the inaugural award for ’Collaborative Solution between a Superyacht Builder and its Supply Chain partner’ in the 2018 Boat Builder Awards in association with Raymarine. The countdown’s now on to find the standout projects for ...
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Wally teams up with top European resort
Wally, the newly acquired Ferretti Group brand, has teamed up with one of the Mediterranean’s most exclusive party venues – Phi Beach on Sardinia’s Costa Smeralda – by providing a Wallytender to serve as an exclusive concierge boat for the summer season. The Wallytender will transfer VIPs to the club ...
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EU targets illegal tax breaks for yachts in Cyprus and Italy
The European Union Commission (EUC), in its ongoing mission to rid the EU of “unfair tax avoidance practices,” is taking steps to end illegal tax breaks in the yacht industries of Italy and Cyprus.
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Italian SY builder enters refit market
Italy’s Rosetti Superyachts (RSY) is currently engaged in building a 38m (118ft) expedition yacht, which is set for delivery in 2020 in line with the owner’s request. The company, a division of the Rosetti Marino Group, also plans to enter the superyacht refit market, making use of its 180m (591ft) ...
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Italian builder grows production
Absolute, the Italian yacht-builder, says it plans to expand production in its current fiscal year ending September 31, 2019 to 85 units compared to around 75 in 2016-17 – an increase of some 13%.