Fincantieri signs Croatian shipyard deals for corvette bid
The Italian group is lining up local partners for Croatia's multi-role corvette programme
Fincantieri has strengthened the local industrial case behind its bid for Croatia's planned acquisition of two multi-role corvettes after signing memoranda of understanding with two Croatian shipyards. The Italian shipbuilder said the agreements are tied to its participation in a multi-role corvette programme promoted by Croatia's defence ministry.
The memoranda create a framework to explore cooperation in the design, engineering and construction of naval vessels in support of the company's proposal. Fincantieri said it is seeking to bring Croatian industrial partners into key parts of the value chain, with the aim of increasing national industrial participation, developing local capabilities and generating long-term value for the country.
The agreements also cover the transfer and consolidation of skills, technologies and know-how, alongside localisation opportunities intended to strengthen Croatia's shipbuilding and maritime ecosystem. The bidder is a diversified Italian shipbuilding group active in naval, cruise and specialised vessel construction, while the two partners are Croatian shipbuilding and repair companies.
