The boss of Italy’s state-owned shipyard Fincantieri has lashed out at subsidies for shipyards, as he urges the government to push ahead with privatisation. "It is quite immoral that the State allocates money to build ships," complained CEO Giuseppe Bono at a ship launch today.
Fincantieri boss hits out at shipyard subsidies
Tue 19 Feb, 2008
| Posted in: Builders
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