Italy and Greece signed in Rome the Implementing Arrangement concerning the transfer, through Fincantieri, of two FREMM frigates, Carlo Bergamini and Virginio Fasan, currently in service with the Italian Navy fleet, to the Hellenic Navy.
The agreement was signed between the General Directorate of Defence Investments and Armaments (GDDIA) of the Ministry of National Defence and its Italian counterpart, the Italian General Directorate for Armaments, in the presence of Italian Minister of Defence Guido Crosetto, Greek Minister of National Defence Nikos Dendias, and the Chiefs of the respective Navies, Admiral Giuseppe Berutti Bergotto and Admiral Dimitrios-Eleftherios Kataras. Representing Fincantieri were Pierroberto Folgiero, Chief Executive Officer and Managing Director, and Eugenio Santagata, General Manager of the Naval Vessels Division.
The Implementing Arrangement follows the Memorandum of Cooperation and the Declaration of Intent signed in September 2025 and further strengthens relations between Italy and Greece. For the Group, the transaction represents a gateway to future opportunities and new cooperation strategies.
Under the agreement, Fincantieri will play a leading role both in the transfer process and in providing support throughout the entire lifecycle of the two vessels, while also contributing to the strengthening of industrial cooperation with Greece. The agreement defines the key aspects relating to the transfer of the two ships, the initial and long-term support activities required to ensure their operational readiness, and the involvement of Greek industry in maintenance activities and the integration of new systems on board the vessels.
Designed and built by Fincantieri for the Italian Navy, the two frigates represent one of the most advanced expressions of the Group’s technological and industrial capabilities. They validate a model that combines innovation, operational support, and long-term international cooperation, while also demonstrating the value of the FREMM platform in terms of adaptability, flexibility, and continuity of naval operations.
Pierroberto Folgiero, Chief Executive Officer and Managing Director of Fincantieri, stated: “The progress of the transfer process also creates new opportunities for industrial synergies between Fincantieri and the Greek industrial ecosystem, generating benefits across the supply chain.”
“The introduction of the FREMM frigates into the Hellenic Navy represents a first step towards broader integration of expertise, technologies and industrial capabilities among countries operating the platform, fostering knowledge sharing and supporting development of further technological advancements,” he added.
Fincantieri is one of the world’s largest shipbuilding groups, the only player active in all high complexity marine industry sectors. The Group is a leader in the construction of cruise ships, naval and offshore vessels, and stands out for its extensive experience in the development of underwater solutions, thanks to its integrated industrial structure capable of managing and coordinating all activities related to the commercial, defense, and dual-use sectors. It holds a strong presence in key markets also thanks to the internalization of high value-added, distinctive technologies; it is also a leader in sustainable innovation and in the digital transformation of the shipbuilding sector.
Fincantieri is active in the field of mechatronics, electronics, and digital naval systems, as well as in cybersecurity, artificial intelligence, and marine interiors solutions. It also offers a wide range of after-sales services, including logistic support and fleet assistance.
With over 230 years of history and more than 7,000 ships built, Fincantieri is a global player with a production network of 18 shipyards worldwide and over 24,000 employees; It maintains its know-how, expertise and management centers in Italy, where it directly employs approximately 13,000 workers and creates around 90,000 indirect jobs.
