We want to contribute in a significant way to the development and the economic and financial stability of the countries in which we operate. This is why we promote constant dialogue with institutions and we support initiatives aimed at facilitating entrepreneurial projects and job opportunities locally.

We believe in an economy that is a system of relations based on trust and transparency, an integrated dynamic network of cross-cutting communities, built over time to create and exchange value.

Our aim is to promote strategies aimed at building a synergetic network among institutions, firms and districts in the shipbuilding industry.

We bring innovation and technology to the territories in which our shipyards are located and we always seek to transfer the knowledge and skills acquired. Over 2019, we further developed the relationship with the main national and foreign Universities, Maritime Academies, High Schools and Technical Schools and with local public institutions (regional and municipal).

We support and involve local communities and associations with initiatives that promote integration, enhance diversities, promote education programmes, protect health and support research.


The Group has been constantly engaged in actions and initiatives to contain the potential social impact that may arise from any production reorganization or restructuring, primarily with the aim of not damaging the productive fabric.

In this context, the distribution of Economic Value represents the preeminent impact of the Group's business for the benefit of the main stakeholder categories.


ITEMS DESCRIPTION   2018 2019 VAR 2019/2018
ECONOMIC VALUE GENERATED DIRECTLY   euro/million 5,513 5,897 7.0%
Revenue Sales revenue euro/million 5,474 5,849 6.9%
Finance income Interest income and return on equity investments euro/million 40 50 24.8%
Capital gains/losses on business profits Business profits euro/million (0) (2) 224.5%
DISTRIBUTED ECONOMIC VALUE   euro/million 5,266 5,796 10.1%
Operating costs Payments to suppliers euro/million 4,089 4,505 10.2%
Cost of personnel Payments to employees euro/million 952 1,001 5.2%
Dividends Payments to suppliers of capital (shareholders) euro/million 17 17 0.0%
Interest paid and financial costs Payments to suppliers of capital (banking institutions) euro/million 141 187 33.1%
Duties and taxes Payment of duties, taxes and other financial and legal fees euro/million 64 84 29.8%
Donations to associations Community investments euro/million 3 2* -33.3%
ECONOMIC VALUE RETAINED Calculated as the difference between the economic value generated and the economic value distributed euro/million 247 101** -59.0%
*In 2019, a new method of reporting than the one used in 2018 was developed in order to bring it closer to the London Benchmarking Group (LBG) model.
**The figure does not include “Net profit/(loss) from discontinued operations”.
The data refer to the entire Fincantieri Group.

Related Topics

Economic Responsibility

The Bridge for Genoa

Our approach to tax matters

Economic satellite businesses

Supply chain

Business Model