A strategic entry point to the EU with a Strategic Logistical
Position within the EU and Mediterranean area.
A national manufacturing structure of which an important
pillar is represented by dynamic family owned businesses
many of which are world leaders in their production sector.
An industrial production system focused on Innovation,
Quality and Excellence.
A country open to Foreign Investments.
A Strategic Geographical Position
Italy is at the center of 3 key markets of about 800 million
consumers
Southern Mediterranean Countries
Inhabitants: 269 million
GDP: USD 2,256 billion
Balkan Countries
Inhabitants: 58 million
GDP: USD 700 billion
European Union
Inhabitants: 491 million
GDP(PPP): USD15,821 billion (IMF 2011)
Italian Industrial Structure (1/2)
• In Italy about 28% of the added
value is concentrated in Large Co’s;
Breakdown of Italian Companies by Size
N. of
company
Employees
%
employees
Added Value
(mln €)
% added
value
Micro Co’s
4.200.000
8.200.000
47,2
237.400
33,4
Small Co’s
211.000
3.800.000
21,8
157.000
22,1
22.000
2.200.000
12,6
114.300
16,1
3.508
3.200.000
18,4
202.200
28,4
4.436.508
17.400.000
100.00
710.900
100%
Medium Co’s
Large Co’s
Total
• About 72% of the total added value
is generated by Micro Co’s and
SMEs;
• SMEs are known for niche
specialization; their share in export
is slightly higher: 27,3% than the
EU average: 27,1%.
Source: Ministry of Economic Development 2012
Italian Industrial Structure (2/2)
3,1
Turnover sector
distribution (%)
1,6
0,3
35,3
11,4
7,5
13,6
1,6
1,8
1,6
9,2
1,0
0,3
2,7
0,8
0,2
1,4
Source: Bureau Van Dick
0,6
Geographical distribution (%)
Source: Bureau Van Dick 2011
About 70% of companies with a turnover of between €50
and €500 million are concentrated in only 4 Italian
Regions.
More than 1/3 are in manufacturing.
World's 5th manufacturing country in terms
of added value, after US, China, Japan and
Germany.
EU’s 2nd industrial manufacturing base
after Germany.
Major driving forces of the Italian
manufacturing sector with significant foreign
trade surplus are:
Industrial machinery and high tech
specialized suppliers,
Fashion (including apparel, leather
goods, footwear, jewelry, eyewear,
cosmetics),
Furniture, ceramics and building
materials,
Food and wines.
Each year these sectors account for over 65%
of the overall manufacturing value added, with
a trade surplus among the world’s highest.
A Dynamic and Mature Export
Shift towards
higher value - added productions
and personal luxury goods.
Reduced volumes but
increased value of exports.
30% share (together with France)
of the world
luxury production,
followed by US (20%) and Switzerland (8%).
Source: IDATE Mobile 2009
The Innovation System
Innovation is driven by an extensive, high-quality
network of universities and R&D centers.
87 universities and some 8,600 graduate courses.
40 networks of science and technological parks ensure
the integration of research into industrial production.
1,7 million university students and an average of
270,000 graduates each year.
Over 200 R&D Centers (public and private) and 16,000
employees with a high level of technological expertise.
Excellent sector-specific technical and managerial
skills which top foreign multinationals.
4th in the G12 countries for registered trademarks and
8th for number of pending patents.
Source: MIUR
Comparative advantage in different technology
sectors: aerospace, biotechnologies, automation.
Widespread cooperation between firms and
scientific institutions contributes to innovation and
success in the market.
Growing importance of nanotechnologies with more
than 200 institutions involved in the field.
The Innovation System: Technological Districts (1/2)
Technological Districts (TDs) are innovation
poles of excellence.
28 TDs specialized in different areas:
nanotechnologies, innovative materials, ICT, aerospace, life science, etc.
Source: MIUR
The Innovation System: Technological Districts (2/2)
• Distretto Tecnologico ICT
• Distretto Tecnologico Materiali Avanzati
• Distretto Tecnologico Biotecnologie
• Distretto Tecnologico Agroalimentare
• Distretto Tecnologico Habitech
• Distretto Tecnologico Tecnologie Alpine
• Distretto Tecnologico di Biomedicina Molecolare
• Distretto Tecnologico Navale e Nautico - DITENAVE
• Distretto Tecnologico per i Sistemi Intelligenti Integrati
• Distretto Ligure delle Tecnologie Marine
• Distretto Tecnologico Veneto Nanotech
• Distretto Tecnologico Torino Wireless
• Distretto Tecnologico Hi Mech
• Distretto Tecnologico Qualità della vita, Innovazione e Sicurezza nell’abitare
• Distretto Tecnologico Innovazione Sicurezza e Qualità degli Alimenti
• Distretto Tecnologico per l'innovazione agroindustriale
• Distretto Tecnologico ICT & Security
• Distretto Biotecnologico agroalimentare Pugliese
• Distretto Materiali speciali metallurgici dell'Umbria
• Distretto Meccatronico Pugliese
• Distretto Tecnologico Pugliese High-Tech
• Distretto DI.T.N.E (energia rinnovabile)
• Distretto Tecnologico per la Biomedicina e delle Tecnologie per la
salute
• Distretto Tecnologico per l'Aerospazio-DTA
• Distretto Tecnologico Beni culturali
• Distretto Tecnologico Bioscienze
• Distretto Tecnologie innovative per la tutela dei
rischi idrogeologici e sismici
• Distretto Tecnologico sull’ingegneria dei materiali compositi e polimerici
• Distretto Tecnologico AgroBio e Pesca eco-compatibile
• Distretto Tecnologico Trasporti navali commerciali e da diporto
• Distretto Tecnologico Micro e Nanosistemi
• Distretto Tecnologico Energia Petrolchimica e Ambiente
Source: MIUR
• Distretto Tecnologico della Logistica e Trasformazione
• Distretto Tecnologico per il restauro dei Beni Culturali
Foreign Direct Investments in Italy
In 2010, Inward Foreign Direct Investment (FDI) stock was €248 billion (USD332
billion).
For the past four years (2007–2010), average inflows were €10,8 billion (USD14,7
billion).
Compared to other major EU countries, Italy is underperforming in its FDI attraction
related to the size of its economy: while Italy accounted for 13% of the EU’s GDP in
2010, its inward stock was 4,9% of the EU’s totals.
EU countries are the origins of most of Italy’s FDI. The five largest investor countries
are Luxembourg, France, the Netherlands, the United Kingdom and Germany.
The value of net M&A sales, however, more than doubled from USD6 billion in 2010 to
$13 billion in 2011. The takeovers by French firms of Bulgari, a luxury-goods firm, and
Parmalat, a dairy group, accounted for much of the rise.
Source: UNCTAD February 2012
Source: IDATE Mobile 2009
Financial Packages for International Investors (1/2)
Foreign companies may apply for a variety of business incentives according to the location
and size of the business. Some incentives are granted automatically upon meeting the
requirements for access, while others require successful completion of evaluation procedures.
Business Incentives:
Grants for investment in new and existing production facilities, the revitalization of industrial
areas, local development, R&D and the agro-industry.
Capital grants, easy-term loans or tax credits.
Incentives for larger local development programs involving the central and local government.
R&D tax credit for companies (including nonresident companies with a permanent
establishment in Italy) outsourcing R&D activities to universities or public research bodies.
Hiring and training incentive schemes (grants or tax relief) are available in all the Italian
Regions and depend upon several parameters such as: enrollment fees, gender, age,
long/short time of unemployment status, social status, disabilities, etc.
Financial Packages for International Investors (2/2)
Development Contract:
support is provided in the form of grants or soft loans, as well as combinations of the two
forms; the incentives are calculated on the basis of eligible investment cost;
eligible projects: manufacturing, mining, power generation activities (excluding activities
associated with the steel and coal industry), services.
Law 181/ 89:
support is provided through a mix of incentives: grants, soft loans and minority equity
participation;
eligible projects:
new investment projects (including new plants, expansion,
modernization and restructuring) in manufacturing and service industries.
For further information
http://www.invitalia.it/site/eng/home/business-environment/incentives.html
National Agencies for Internationalisation
ICE- Trade Promotion Agency, under mandate of the Ministry for Economic Development, provides
information, support and advice to Italian and foreign companies. ICE operates worldwide from a large
network of Trade Promotion Offices linked to Italian embassies and consulates.
http://www.italtrade.com/about/about_us.htm
INVITALIA-National Agency for Inward Investments and Economic Development , under mandate
of the Ministry for Economic Development, manages contacts and relations with foreign investors,
Ministries and local authorities. INVITALIA provides services free of charge and administers a set of
Financial Support packages :
Development Contract
Law 181/89
http://www.invitalia.it/site/eng/home.html
Desk Italia –Decree Law “Dl Crescita 2.0” (GU 18 ottobre 2012 n° 179), art. 35, establishes Desk Italia,
a one-stop-shop for foreign investors. Under mandate of the Ministry for Economic Development, Desk
Italia assists and advises international companies regarding business location, location
expansion, relocation & FDI services in Italy.
Investment opportunities: Italy’s Strategic Sectors
ICTs (INFORMATION AND COMMUNICATIONS TECHNOLOGIES)
Life sciences
Logistics
Tourism
Renewable Energy
Italy’s Strategic Sectors ICT
Italy is Europe’s 4th largest ICT market, with market
value exceeding € 60 billion in 2010.
-CEFRIEL
-IMATI
-Politecnico of Milan
ICT market share is worth € 41,8 billion of which IT
ISMB
Virtual reality and
is worth € 18,4 billion.
multimedia Park
AREA Science Park
University of Trieste
Politecnico of Turin
2nd
Italy ranks
in Europe for mobile phone
penetration with over 90 million active SIM cards. Italian Institute
Source: Eurostat,2011
Over 500 foreign ICTs companies.
of Technology
IIT
ISTI
Scuola Superiore Sant’Anna
Scuola Normale Superiore
R&D centers: Intel, Microsoft, IBM, Siemens, LG,
Marvell, Infineon, Maxim, International Rectifier.
A strong base of HR: about 50,000 new degree
graduates a year in ICT-related disciplines.
ENEA
CNR
IASI
University La Sapienza
NNL
ISSIA
IREA
University of Naples
Sannio University
CRS4
University of Cagliari
For further information
http://www.invitalia.it/site/eng/home/investment-opportunities/ict.html
CRES
University of Palermo
IMM
University of
Catania
Italy’s Strategic Sectors Lifescience
Italy is one of the world leaders in Life Sciences, being the 3rd
largest industry in Europe after Germany and France (Source: IMS
2011).
Pharmaceuticals rank 5th for total sales (pharmacies + hospitals),
thus providing a relevant driver for biotech development.
3rd highest turnover in Europe amounting to € 23,3 billion
-San Raffaele Hospital
-National Institute for Research
and Treatment of Tumours
-IEO
-Mario Negri Institute
San Raffaele
Biomedical
Sciences Park
AREA
Sciences park
Canavese
Bioindustry Park
Substantial R&D spending at over € 1,2 million per year
Some 100 foreign companies operating in the sector, including all
major multinationals.
Strong competencies in Biomedicine, Oncology, Diagnostics,
Neurosciences.
Large community of expertise: IFOM, European Institute of
Oncology, ICGEB.
Extremely competitive R&D labor and facilities costs compared to
USA, UK, Germany and France.
For further information
http://www.invitalia.it/site/eng/home/investment-opportunities/life-sciences.html
Parco
Tecnologico
Padano
National Cancer
Research Institute
Toscana
Life Science
Park
-Regina Elena Institute for Research
and Treatment of Tumors
- CNR
- ENEA
Science and
Technology Park of
Sardinia
Giovanni Pascale National
Institute for Research and
Treatment of Tumors
Italy’s Strategic Sectors Tourism
As one of the top brands in the world, Italy continues to have a great reputation as a
preferred destination:
1st place among EU countries for accommodation capacity;
3rd place among EU countries for arrivals;
4th place in world country rankings for currency earnings ;
5th place in world rankings for arrival: 43,6 million of tourists in 2010 and revenues of
USD 38,8 billion (UNWTO, April 2011).
Italy’s attractiveness combines with its world renowned values such as life style and “Made
in Italy” quality, design, luxury and exclusive products.
Its “products portfolio” is broad, rich and flexible, combining intense experiences for those
in search of Art, History, Tradition, Nature, Landscape, Culture, ‘Best of’ and ‘Surprises to
discover’ thus satisfying all tourist needs .
The country benefits from highly qualified human resources, thanks to a widespread
hospitality culture, supported by a capillary training activity, from school to university,
targeted to students, workers and managers .
For further information
http://www.invitalia.it/site/eng/home/investment-opportunities/tourism.html
Italy’s Strategic Sectors Logistics
1/2
2nd longest road network: 6,500 km of motorways equal to 13.7% of all EU (25)
motorways; 21.500 km of national roads.
5th longest rail network: 16,703 km of working lines and 24,216 km of tracks.
Most developed freight village systems in Europe: 7 Italian freight centers in the Top 20
of European logistic infrastructures, with Verona ranking 1st.
2nd most important country for maritime freight transport: 24 main commercial ports; 3
International Hubs; 7,400 km of coastline; around 10 million TEUs of total traffic
containers in 2010.
1st EU country in maritime transport of passengers in 2009 with 92 million passengers.
The strategic position guarantees more favorable transit times (on average 5 days) to all
major destinations.
For further information:
http://www.invitalia.it/site/eng/home/investment-opportunities/logistics.html
Italy’s Strategic Sectors Logistics
2/2
Italy’s Strategic Sectors Renewable Energy
The Italian renewable energy market is one of the world's
largest, ranking 5th globally (Ernst & Young Renewable
Energy Country Attractiveness Index 2011).
Italy legislature provides incentives for the production and
distribution of energy produced by all the renewable energy
sources (RES).
The solar photovoltaic (PV) sector is the dominant
technology thanks to the PV incentives and Italy’s
geographic position.
Other RES are growing: wind, geothermal, wave and tidal
power, biomass, biogas, landfill gas and sewage treatment
gas.
For further information
http://www.invitalia.it/site/eng/home/investment-opportunities/renewable-energy-sources.html
Contacts
Directorate General for Country Promotion
(Economy, Culture and Science)
Office I – Promotion and coordination of
international activities of the Italian economic
system, public/private partnerships, insurance and
financial instruments for foreign trade
Ministry of Foreign Affairs
Piazzale della Farnesina 1
00135 Rome
℡ +390636912686
Email [email protected]