Through majority controlled Vard Holdings Limited, a Norwegian firm listed on the Singapore exchange, Fincantieri purchased STC Canada Marine, a firm active in the North American naval design and engineering market, for approximately 8 million euro. STX Marine is based in Vancouver Canada and operates through Ottawa and Houston Texas. The firm employs more than 75 persons and will be entirely incorporated onto the Vard Marine firm.
(Il Sole 24 Ore Radiocor)
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