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The sale of the French shipyards Chantiers de l’Atlantique (formerly Stx) to the Italian group Fincantieri, which has been blocked for many months, is about to expire. The deadline is December 31st.
The sale of the French shipyard Chantiers de l’Atlantique (formerly Stx) to the Italian group Fincantieri, which has been blocked for many months, is about to expire. The deadline is December 31st.
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The project to sell the French shipyards Chantiers de l’Atlantique (formerly Stx) to the Italian group Fincantieri, blocked for many months, is about to expire. The sales contract, after the last two-month extension agreed by the Italian group with the French State, provides that the transaction will end on December 31. The European Commission, according to AFP reports, complains of not having received the information requested from the parties as part of its in-depth investigation into the impact of the sale on competition in the shipbuilding sector.
A Fincantieri spokesperson, interviewed by Radiocor, explained: “We did everything we had and could do and we provided all the documentation. Compared to what was signed with the agreement of February 2, 2018, almost three years have passed and the world has changed, even with the pandemic that has hit all sectors, including tourism and shipbuilding.
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And the limits of the phenomenon and the terms of the recovery are not yet clear. A possible decision before December 31 could only be politics, governments or Brussels, as an industry we have done everything possible. And he added: “At the same time we would like to underline that the collaboration with the French partners in the military field is progressing, in January 2020 the joint venture with Naval came into operation and is operating on several fronts and will increasingly take place in the defense project. European municipality to which you can make an important contribution ”.
(Il Sole 24 Ore Radiocor)
