ABSTRACT
The European market of shipbuilding has been changing over the last century. Evidence shows that the dominant position, backed by a market share of 80% at the beginning of the twentieth century (Stopford 2009) has been transformed in a minority, equal to 6% at the end of 2014 (Organisation for Economic Co-operation and Development 2015). This development has promoted significant changes in the industrial activity, especially in areas with strong shipbuilding tradition, and hence, the gradual decreasing in the activity of industrial facilities of great strategic value (Fornahl 2011). A clear example of this process of gradual decline in this activity has occurred in the ASTANO company.
