City
Epaper

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

By ANI | Updated: May 20, 2024 10:25 IST

PRNewswireMilan [Italy], May 20: On May 16, 2024, local time in Italy, Ferretti Group Chairman Tan Xuguang hosted ...

Open in App

PRNewswire

Milan [Italy], May 20: 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.

https://prnewswire2-a.akamaihd.net/p/1893751/sp/189375100/serveFlavor/entryId/1_3yinxceh/flavorId/1_7ask5r9x/prn_folder/MNR/prn_id/Publish+Order+Part%3a+6000179290+file+identifier%3a+4714230/prn_flavor/HD_MP4/prn_filename/Ferretti-Video

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.

(ADVERTORIAL DISCLAIMER: The above press release has been provided by PRNewswire.will not be responsible in any way for the content of the same)

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

InternationalIndia submits TEPA ratification document to Norway, paves way for EFTA trade pact

CricketGill's "Spirit of cricket" jab, exciting squad additions: 4th India-UK Test at Manchester has makings of another humdinger

CricketWCL: De Villiers turns back clock, stamps authority with a quickfire 63

EntertainmentKartik Aaryan meets CM of Rajasthan, Bhajanlal Sharma

Other SportsDurand Cup: East Bengal FC keen to start 2025 quest on a high note

Business Realted Stories

BusinessStand-Up India Scheme sanctions nearly Rs 29,000 crore to SC/ST, women entrepreneurs since April 2022

BusinessMain negotiations around India-UK FTA concluded, ready to welcome PM Modi: Vikram Doraiswami

BusinessUP Cabinet approves 1 pc stamp duty exemption for women on property worth up to Rs 1 crore

BusinessRajasthan's Indraj builds thriving nursery business with Rs 10 lakh Mudra loan

Business48 projects approved to avoid disruption in supply of critical active pharma ingredients