A host of companies linked to Italian shipbuilder Fincantieri have been accused of corruption, fraud and worker exploitation.
Italian finance police raided offices of several companies working for Fincantieri yesterday. 34 people are under investigation for alleged “systematic exploitation” of foreign workers – mainly from Bangladesh and Albania – in shipyards in Marghera, near Venice, working on orders for Fincantieri.
The searches involved 19 different companies and 12 Fincantieri managers.
Source: Sam Chambers / Splash 24/7
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Fincantieri is one of the world’s largest shipbuilding groups and number one for diversification and innovation. It is leader in cruise ship design and construction and a reference player in all high-tech shipbuilding industry sectors, from naval to offshore vessels, from high-complexity special vessels and ferries to mega yachts, as well as in ship repairs and conversions, production of systems and mechanical and electrical component equipment and after-sales services.
With over 230 years of history and more than 7,000 vessels built, Fincantieri has always kept its management offices, as well as all the engineering and production skills, in Italy. With over 8,600 employees and a supplier network that employs nearly 50,000 people, Fincantieri has enhanced a fragmented production capacity over several shipyards into a strength, acquiring the widest portfolio of clients and products in the cruise segment. To hold its own in relation to competition and assert itself at global level, Fincantieri has broadened its product portfolio becoming world leader in the sectors in which it operates.
Image: Ancona yard Fincantieri
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