Brief: Fincantieri, Kayo Sign Agreement For Naval JV In Albania
13/11/2025 17:33
Nov 13 (Reuters) - Fincantieri SpA FCT.MI: SIGNS MOU WITH KAYO TO START JV TO BUILD, MAINTAIN MILITARY SHIPS IN ALBANIA JV WILL OPERATE AS PRIME CONTRACTOR FOR SHIPBUILDING AND MAINTENANCE CONTRACTS FOR THE ALBANIAN MARKET JV WILL BE ABLE TO BUILD VESSELS UP TO 80 METERS IN LENGTH AND 800 TONS IN DISPLACEMENT KAYO TO PROVIDE THE PASHALIMAN SHIPYARD IN VLORA, TO INVEST IN ITS INFRASTRUCTURE MODERNIZATION Further company coverage: FCT.MI (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48587696600;))