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Ferretti S.p.A. (trading as Ferretti Group) is a multinational shipbuilding company headquartered in Forlì which specialises in the design, construction and sale of luxury motor yachts. Its products are sold under the brands Wally, Ferretti Yachts, Custom Line, Pershing, Itama, Riva, Mochi Craft and CRN. The company was founded in 1968 by Alessandro and Norberto Ferretti as a manufacturer of small boats and produced its first motor sailer in 1971. The Group expanded through making numerous acquisitions, including of Cantieri Navali dell’Adriatico – CNA S.r.l. in 1998, CRN S.p.A., in 1999, Riva S.p.A. in 2000, Cantiere Navale Mario Morini and in 2002, Itama in 2004 and Allied Marine in 2008. Ferretti Group was acquired by the Chinese multinational heavy machinery and automotive manufacturing company Weichai Group in 2012. Ferretti Group has manufacturing operations in Italy and the United States. It has subsidiary companies in the United States (Ferretti Group North Americ ...
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Società Per Azioni
(; abbr. S.p.A. or spa ) is a form of corporation in law of Italy, Italy, meaning 'company with shares' (although often translated as 'joint-stock company', which may or may not be a limited liability entity). It is more or less equivalent to S.A. (corporation), S.A. or public limited company, public limited company (PLC) in other countries. The other common form of corporation in Italy was (S.r.l.) ('limited liability company'). S.p.A. issued shares (), while in S.r.l. the unit was quote/stock of share capital. Moreover, the articles of association of S.r.l. allowed different allocation of Profit and loss sharing, profit and assets, which was more comparable to a limited partnership. Throughout Italy's history, the governance of S.p.A. has been remodeled several times. Originally the S.p.A. was governed by the Commercial Code of 1865, and subsequently by that of 1883, under the name "''società anonima''" ('anonymous company'). The regulations contained within the civil code ...
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Borsa Italiana
Borsa Italiana () or Borsa di Milano (), based in Milan at Palazzo Mezzanotte, Mezzanotte Palace, is the Italy, Italian stock exchange. It manages and organises domestic market, regulating procedures for admission and listing of companies and intermediaries and supervising disclosures for listed companies.italy24.ilsole4ore.com,Borsa Italiana" Following exchange privatisation in 1997, the Italian Bourse was established and became effective on 2 January 1998.source sense.com,Borsa Italiana On 23 June 2007, the Italian Bourse became a subsidiary of the London Stock Exchange Group.news.bbc.co.uk,London Stock Exchange Buys Borsa This changed on 9 October 2020, when a €4.3 billion deal was agreed between the London Stock Exchange Group and pan-European stock exchange group Euronext. Euronext's acquisition of the Italian Bourse was completed on 29 April 2021. It is expected Italian Bourse will be rebranded as Euronext Milan in due course. Borsa Italiana is also informally known as ...
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Monaco
Monaco, officially the Principality of Monaco, is a Sovereign state, sovereign city-state and European microstates, microstate on the French Riviera a few kilometres west of the Regions of Italy, Italian region of Liguria, in Western Europe, on the Mediterranean Sea. It is a Enclave and exclave, semi-enclave bordered by France to the north, east and west. The principality is home to nearly 39,000 residents as of the 2020s, of whom about 9,883 are Monégasque people, Monégasque nationals. It is recognised as one of the wealthiest and most expensive places in the world. The official language of Monaco is French language, French. Monégasque dialect, Monégasque, English language, English and Italian language, Italian are also spoken and understood by many residents. With an area of , Monaco is the List of countries and dependencies by area, second-smallest sovereign state in the world, after Vatican City. Its population of 38,423 in 2024 makes it the List of countries by popula ...
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Enzo Ferrari
Enzo Anselmo Giuseppe Maria Ferrari (; ; 18 February 1898 – 14 August 1988) was an Italian racing driver and entrepreneur, the founder of Scuderia Ferrari in Grand Prix motor racing, and subsequently of the Ferrari automobile marque. Under his leadership in Formula One, Ferrari won nine World Drivers' Championships and eight World Constructors' Championships during his lifetime. He was widely known as il Commendatore or il Drake, a nickname given by British opponents in reference to the English privateer Francis Drake, due to Ferrari's demonstrated ability and determination in achieving significant sports results with his small company. In his final years, he was often referred to as l'Ingegnere ("the Engineer"), il Grande Vecchio ("the Grand Old Man"), il Cavaliere ("the Knight"), il Mago ("the Wizard"), and il Patriarca ("the Patriarch"). Early life Enzo Ferrari was born on February 18, 1898 in Modena, Italy, while his birth certificate states 20 February. His parents we ...
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Piero Ferrari
Piero Ferrari (born Piero Lardi, 22 May 1945; later Piero Lardi FerrariRancati, p. 107) is an Italian billionaire businessman and sport personality. He is the second and only living son of Enzo Ferrari, and a 10.48% owner of the Ferrari automotive company, of which he is the vice chairman. He owns 13.2% of the Ferretti Group. As of February 2025, his net worth was estimated at US$10.2 billion. Early life Piero Ferrari is the son of Enzo Ferrari (20 February 1898 – 14 August 1988) and his mistress, Lina Lardi (1911–2006). He is also the younger half-brother of Dino Ferrari (1932–1956). Dino had been diagnosed with Duchenne muscular dystrophy, and died at the age of 24. Piero never met his older brother, despite being 11 years old at the time of Dino's death. After Dino's death, Enzo made Piero one of his principal heirs, giving him a 10% stake in the Ferrari company. Enzo had met Lina Lardi in the late 1930s, when she was working at Carrozzerie Orlandi, a coachbuilder co ...
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Bloomberg News
Bloomberg News (originally Bloomberg Business News) is an international news agency headquartered in New York City and a division of Bloomberg L.P. Content produced by Bloomberg News is disseminated through Bloomberg Terminals, Bloomberg Television, Bloomberg Radio, '' Bloomberg Businessweek'', '' Bloomberg Markets'', Bloomberg.com, and Bloomberg's mobile platforms. Since 2015, John Micklethwait has been editor-in-chief. History Bloomberg News was founded by Michael Bloomberg and Matthew Winkler in 1990 to deliver financial news reporting to Bloomberg Terminal subscribers. The agency was established in 1990 with a team of six people. Winkler was first editor-in-chief. In 2010, Bloomberg News included more than 2,300 editors and reporters in 72 countries and 146 news bureaus worldwide. Beginnings (1990–1995) Bloomberg Business News was created to expand the services offered through the terminals. According to Matthew Winkler, then a writer for ''The Wall Street Jo ...
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Weichai Group
Weichai Holding Group Co., Ltd. ( zh, c=潍柴控股集团有限公司) is a Chinese state-owned enterprise specialized in the design, manufacturing and sale of diesel engines. The company operates on four different business sectors which are engines and vehicles, powertrains, luxury yacht and automotive parts. Headquartered in Weifang, Shandong Province, China, the Weichai Group is holding more than 80 subsidiaries set throughout China and overseas. The group offers products, services and technologies for commercial vehicles, construction machinery, marine power, agriculture machinery and power generation. Thanks to its subsidiaries, it also provides transporting equipment, buses, luxury yachts and hydraulics products. Having more than 35 offices and 245 authorized services stations through the world, Weichai products are sold in approximately 110 countries. Group History From the origins to 2007 Weichai, formerly known as Yucheng Ironworks, was founded in 1946 in Weihai, Sha ...
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Naples
Naples ( ; ; ) is the Regions of Italy, regional capital of Campania and the third-largest city of Italy, after Rome and Milan, with a population of 908,082 within the city's administrative limits as of 2025, while its Metropolitan City of Naples, province-level municipality is the third most populous Metropolitan cities of Italy, metropolitan city in Italy with a population of 2,958,410 residents, and the List of urban areas in the European Union, eighth most populous in the European Union. Naples metropolitan area, Its metropolitan area stretches beyond the boundaries of the city wall for approximately . Naples also plays a key role in international diplomacy, since it is home to NATO's Allied Joint Force Command Naples and the Parliamentary Assembly of the Mediterranean. Founded by Greeks in the 1st millennium BC, first millennium BC, Naples is one of the oldest continuously inhabited urban areas in the world. In the eighth century BC, a colony known as Parthenope () was e ...
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Torre Annunziata
Torre Annunziata (; ) is a (municipality) in the Metropolitan City of Naples, in the Italian region of Campania. It is located on the Gulf of Naples, at the foot of Mount Vesuvius. History The city was destroyed in the Vesuvius eruption of 79 AD and in 1631. The city was once the seat of important ironwork (Deriver, Dalmine), food processing and pasta industries. Today industries still active include naval, armament and pharmaceutical ones. The archaeological site of Oplonti is a UNESCO World Heritage Site since 1997. Geography Torre Annunziata borders with the municipalities of Boscoreale, Boscotrecase, Castellammare di Stabia, Pompei, Torre del Greco and Trecase. Trains from Torre Annunziata Centrale rail station operate to Naples and Pompei.The TrainlineTrains to Torre Annunziata Centrale accessed 13 October 2022 Main sights On the ''Tabula Peutingeriana'', Torre Annunziata is called '' Oplonti''. In the communal territory, one of the richest Roman villas has been ...
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Sean Ewing
Sean Patrick Ewing (age 51) is an Irish entrepreneur involved in the fund management and yachting industries. He established FundsDirect in 1999 and co-founded Absolute Capital Management in 2004. In 2009 he acquired a majority stake in Pinmar, the world's largest yacht painting company, from the Ferretti Group. His wealth has been estimated at €95m and he has featured on the ''Irish Independent's'' Irish Rich List since 2010. Early life and career Ewing, a native of County Donegal, was born in Sligo in 1965 and attended Summerhill College. On leaving school, Ewing worked for his uncle's small engineering business in Letterkenny while studying accountancy at the University of Ulster. He was invited to run the investment arm of an Irish building society, developing its tax planning, financial planning and portfolio management services. This led to an opportunity to partner with Hichens, Harrison & Co, the oldest firm of stockbrokers in the City of London, to acquire IPS Capita ...
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Yacht Mochi Craft Long Range 23
A yacht () is a sail- or marine propulsion, motor-propelled watercraft made for pleasure, cruising, or racing. There is no standard definition, though the term generally applies to vessels with a cabin intended for overnight use. To be termed a , as opposed to a , such a pleasure vessel is likely to be at least in length and may have been judged to have good aesthetic qualities. The Commercial Yacht Code classifies yachts and over as . Such yachts typically require a hired crew and have higher construction standards. Further classifications for large yachts are : carrying no more than 12 passengers; : solely for the pleasure of the owner and guests, or by Flag#At sea, flag, the country under which it is registered. A superyacht (sometimes ) generally refers to any yacht (sail or power) longer than . Racing yachts are designed to emphasize performance over comfort. Charter yachts are run as a business for profit. As of 2020, there were more than 15,000 yachts of sufficient size ...
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