{"id":122037,"date":"2011-03-29T00:00:00","date_gmt":"2011-03-29T00:00:00","guid":{"rendered":""},"modified":"2011-03-29T00:00:00","modified_gmt":"2011-03-29T00:00:00","slug":"the-aerospace-industry-must-continue-to-grow","status":"publish","type":"post","link":"https:\/\/staging.varesenews.it\/2011\/03\/the-aerospace-industry-must-continue-to-grow\/122037\/","title":{"rendered":"\u201cThe aerospace industry must continue to grow\u201d"},"content":{"rendered":"<p><!--[if gte mso 9]><xml>\n<o:OfficeDocumentSettings>\n<o:RelyOnVML \/>\n<o:AllowPNG \/>\n<o:PixelsPerInch>72<\/o:PixelsPerInch>\n<o:TargetScreenSize>1024x768<\/o:TargetScreenSize>\n<\/o:OfficeDocumentSettings>\n<\/xml><![endif]--><!--[if gte mso 9]><xml>\n<w:WordDocument>\n<w:View>Normal<\/w:View>\n<w:Zoom>0<\/w:Zoom>\n<w:HyphenationZone>14<\/w:HyphenationZone>\n<w:PunctuationKerning \/>\n<w:ValidateAgainstSchemas \/>\n<w:SaveIfXMLInvalid>false<\/w:SaveIfXMLInvalid>\n<w:IgnoreMixedContent>false<\/w:IgnoreMixedContent>\n<w:AlwaysShowPlaceholderText>false<\/w:AlwaysShowPlaceholderText>\n<w:Compatibility>\n<w:BreakWrappedTables \/>\n<w:SnapToGridInCell \/>\n<w:WrapTextWithPunct \/>\n<w:UseAsianBreakRules \/>\n<w:DontGrowAutofit \/>\n<\/w:Compatibility>\n<w:DoNotOptimizeForBrowser \/>\n<\/w:WordDocument>\n<\/xml><![endif]--><!--[if gte mso 9]><xml>\n<w:LatentStyles DefLockedState=\"false\" LatentStyleCount=\"156\">\n<\/w:LatentStyles>\n<\/xml><![endif]--><!--[if gte mso 10]>\n\n\n<style>\n\/* Style Definitions *\/\ntable.MsoNormalTable\n{mso-style-name:\"Tabella normale\";\nmso-tstyle-rowband-size:0;\nmso-tstyle-colband-size:0;\nmso-style-noshow:yes;\nmso-style-parent:\"\";\nmso-padding-alt:0cm 5.4pt 0cm 5.4pt;\nmso-para-margin:0cm;\nmso-para-margin-bottom:.0001pt;\nmso-pagination:widow-orphan;\nfont-size:10.0pt;\nfont-family:\"Times New Roman\";\nmso-ansi-language:#0400;\nmso-fareast-language:#0400;\nmso-bidi-language:#0400;}\n<\/style>\n\n\n<![endif]--><\/p>\n<p style=\"margin-bottom: 0.0001pt; line-height: normal;\" class=\"MsoNormal\"><b style=\"\"><span lang=\"EN-GB\" style=\"font-size: 12pt; font-family: Arial;\">Giuseppe Orsi<\/span><\/b><span lang=\"EN-GB\" style=\"font-size: 12pt; font-family: Arial;\">, the managing director of AgustaWestland, used a tree metaphor to explain the relationship between the helicopter giant and this region. &ldquo;Our branches extend all over the world, but our roots are firmly established in Lombardy,&rdquo; he said, during the visit by the regional councillor for industry and crafts, <b style=\"\">Andrea Gibelli<\/b>. His message was that the heart of the company is not going to move from where it is now, despite its presence in all continents. The plants in Vergiate opened this morning for the twentieth visit by the Northern League politician to companies in Lombardy, an initiative that has enabled him to meet businessmen and to discover their needs. On this occasion, it was the turn of one of the most important aerospace companies in Lombardy, a large company that a great number of small companies depend on, also in and around Varese.<\/span><\/p>\n<p style=\"margin-bottom: 0.0001pt; line-height: normal;\" class=\"MsoNormal\"><b style=\"\"><span lang=\"EN-GB\" style=\"font-size: 12pt; font-family: Arial;\">Growth even in a time of crisis<\/span><\/b><span lang=\"EN-GB\" style=\"font-size: 12pt; font-family: Arial;\"> &ndash; The AgustaWestland manager explained, &ldquo;The attention of the authorities is essential at this time, even though our company is an exception. Many companies are still trying to understand how to come out of this extremely difficult period.&rdquo;<\/span><\/p>\n<p style=\"margin-bottom: 0.0001pt; line-height: normal;\" class=\"MsoNormal\"><span lang=\"EN-GB\" style=\"font-size: 12pt; font-family: Arial;\">Despite the economic crisis, the company that is part of the Finmeccanica Group has maintained a stable performance. &ldquo;In 2010, our turnover was &euro;3644 million, with a profit of &euro;413 million and a portfolio of 5982 new orders,&rdquo; said Orsi. According to the figures provided this morning, 70% of AgustaWestland&rsquo;s production is for the civilian market, and 30% for the military; however, in terms of turnover, these percentages should be inverted, because of the greater income from the military market. The reference is the world market which takes 91% of the production, while only 9% is destined for Italy.<\/span><\/p>\n<p style=\"margin-bottom: 0.0001pt; line-height: normal;\" class=\"MsoNormal\"><b style=\"\"><span lang=\"EN-GB\" style=\"font-size: 12pt; font-family: Arial;\">The strategy of the partnership<\/span><\/b><span lang=\"EN-GB\" style=\"font-size: 12pt; font-family: Arial;\"> &ndash; &ldquo;There are a number of strategic factors that have enabled us to keep going during the crisis despite changes in the market and international competition,&rdquo; Orsi explained. &ldquo;In particular, we decided to establish local partnerships in a number of countries, which have enabled us to reach markets throughout the world. We established technology and production alliances in exchange for significant slices of the market. It would be futile to compete with giants, such as China or India, differently.&rdquo;<\/span><\/p>\n<p style=\"margin-bottom: 0.0001pt; line-height: normal;\" class=\"MsoNormal\"><b style=\"\"><span lang=\"EN-GB\" style=\"font-size: 12pt; font-family: Arial;\">Agreements with Libya<\/span><\/b><span lang=\"EN-GB\" style=\"font-size: 12pt; font-family: Arial;\"> &ndash; During his presentation, Orsi also touched on the company&rsquo;s relations with Libya, describing the situation as &ldquo;frozen&rdquo;. In the past, AgustaWestland set up a joint venture with its Libyan partners; so far, the agreements have led to 5 helicopters being supplied for the Red Cross, and 10 for the coast guard.<\/span><\/p>\n<p style=\"margin-bottom: 0.0001pt; line-height: normal;\" class=\"MsoNormal\"><b style=\"\"><span lang=\"EN-GB\" style=\"font-size: 12pt; font-family: Arial;\">The growth of young people in the company<\/span><\/b><span lang=\"EN-GB\" style=\"font-size: 12pt; font-family: Arial;\"> &#8211; &ldquo;The average age in AgustaWestland is very low. Over the last few years, we have taken on 3500 young engineers. We believe that each of them is an investment for the entire company. They are the greatest asset we have; we have to offer incentives to make them stay and help them to grow. Even the current management, of which I am a member, were schooled by Caporaletti.&rdquo;<\/span><\/p>\n<p style=\"margin-bottom: 0.0001pt; line-height: normal;\" class=\"MsoNormal\"><b style=\"\"><span lang=\"EN-GB\" style=\"font-size: 12pt; font-family: Arial;\">New challenges for small companies<\/span><\/b><span lang=\"EN-GB\" style=\"font-size: 12pt; font-family: Arial;\"> &ndash; AgustaWestland has a central role in the aerospace industry in Lombardy &ldquo;Here, we have unique skills,&rdquo; Orsi explains. &ldquo;But the industry has only taken its first steps, it still has to grow. The model of small companies feeding off a single large company can&rsquo;t work any longer. On the one hand, we need to encourage micro-companies to unite, on the other, to make them independent. For this reason, we are trying to share our strategy with our suppliers as much as possible. The suppliers have to be able to export and, in turn, to become suppliers for our competitors throughout the world. We have to give the message that what we produce in this region is something to be proud of, something of great quality in this field. The cluster must maintain the ability to move within the international markets.&rdquo;<\/span><\/p>\n<p style=\"margin-bottom: 0.0001pt; line-height: normal;\" class=\"MsoNormal\"><b style=\"\"><span lang=\"EN-GB\" style=\"font-size: 12pt; font-family: Arial;\">The team&rsquo;s recipe<\/span><\/b><span lang=\"EN-GB\" style=\"font-size: 12pt; font-family: Arial;\"> &ndash; The regional councillor said, &ldquo;AgustaWestland and the aerospace industry are an example of the companies in Lombardy that, together, have created products that are internationally recognised. This company shows that when the people of Lombardy join forces, they succeed, and thereby protect very important international markets that, at times, were monopolies controlled by large international economic powers, such as the United States.&rdquo;<\/span><\/p>\n<p style=\"margin-bottom: 0.0001pt; line-height: normal;\" class=\"MsoNormal\"><span style=\"font-size: 12pt; font-family: Arial;\">Andrea Gibelli was accompanied by regional councillors Giangiacomo Longoni and Cesare Bossetti.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Regional councillor Andrea Gibelli\u2019s visit to AgustaWestland. A focus on the helicopter giant, its strategies and its international relations, including those with Libya.<\/p>\n","protected":false},"author":10,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[44],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>\u201cThe aerospace industry must continue to grow\u201d<\/title>\n<meta name=\"description\" content=\"Regional councillor Andrea Gibelli\u2019s visit to AgustaWestland. 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