Le Lézard
Classified in: Transportation, Business
Subject: CXP

Ferretti's first-quarter performance shines, with the new shipyard put into operation


MILAN, May 19, 2024 /PRNewswire/ -- On May 16, 2024, local time in Italy, Ferretti Group Chairman Tan Xuguang hosted an on-site meeting of the Italian Ferretti company's board of directors at Milan headquarters, fully affirmed the continuous growth of the company's performance in the first quarter, and claimed to comprehensively build up a sustainable and high-quality operational competitive advantage.

In 2012, Weichai Group strategically reorganized the Italian Ferretti Group, which was on the verge of bankruptcy, saving Italy's "crown jewel" and more than 2,000 Italian families. After 12 years of strategic linkage, business integration, and cultural integration, Ferretti has gone from bankruptcy and reorganization to a high-speed development track, becoming the first company in the world to be listed in Hong Kong, China and Milan, Italy! Today, Ferretti has become a stage for more than 4,000 families to gain happiness, contributing to the stable development of local Italy.

Tan Xuguang led a team to conduct an intensive investigation of the La Spezia, Ravenna Shipyard and Forli Shipyard under the Ferretti Group, and learned about product development, manufacturing, order delivery, technical transformation projects and other related situations on the spot. On the basis of thorough research, Tan Xuguang conducted face-to-face discussions with Ferretti's front-line technical, sales, production managers and employees, and delivered an impromptu keynote speech on the spot.

Weichai Group's strategic reorganization of the Italian Ferretti Group has achieved great success. Both parties have amazed the world with their heavy achievements and built a new model of Sino-Italian business cooperation.

SOURCE Weichai Power Co.,Ltd; Ferrietti Group


These press releases may also interest you

at 22:00
Innovative technology brand TECNO today unveiled SPARK 20 Pro 5G, the first 5G device in the SPARK 20 Series. As a powerful new 5G smartphone, the latest addition to the Series offers compelling performance boosted by an outstanding high-speed 5G...

at 21:00
TIER IV, a pioneer in open-source software and autonomous driving technology, and Suzuki, one of Japan's leading car and motorcycle manufacturers, have entered into a capital and business alliance aimed at accelerating the development and...

at 21:00
TIER IV, a pioneer in open-source software for autonomous driving systems, proudly announces the successful extension of its Series B funding round, securing an additional US$54 million (¥8.5 billion). This brings the total Series B funding to US$132...

at 16:05
Joe Labon's Ultimate family of exotic vehicle dealerships has opened the doors on its newest venture: Ultimate Marine Tampa. With this...

at 13:00
Nashville drivers, get ready to experience the electric future! Carl Black Chevy is thrilled to announce the arrival of the highly anticipated 2024 Chevy Equinox EV in our inventory. This all-new electric SUV offers a thrilling driving experience,...

at 13:00
Building on the success of its inaugural edition during Marintec China 2017, Marintec Innovation Conference is back and better than ever! The conference has previously explored a number of fascinating themes, including 'Cruise Shipbuilding, 2017',...



News published on and distributed by: