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Business Facts

Milestones between Germany and Italy

Italy: strong industrial nation

The Italian manufacturing industry has 23,000 companies and 470,000 employees. The mechanical engineering industry generates added value of 48.4 billion euros. In November 2023, the German Chancellor and the Italian Prime Minister signed an action plan in Berlin for increased cooperation between Germany and Italy in the areas of business, energy, space and defense.

(Fonte: Istat codice Ateco 28, intesa Sanpaolo, dati 2023, Uncomtrade)

Importanza delle aziende famigliari_Italia_Germania_2023_ZEW

(Fonte:Stiftung Familienunternehmen / ZEW) 

 

Italy-Germany foreign trade exchange at record levels

 

Italy-Germany foreign trade 2023 was €164.3 billion Germany remains the top trading partner for Italy followed by China, France and the US.

Interscambio economico_2023_Italia_Germania_AHK Milano

(Fonte: AHK Italien)

Investimenti diretti tedesci nel industria italiana_Intesa SanPaolo_2023

 

 

Industry 4.0 and 5.0 are drivers of innovation

 

Companies that have invested in Industry 4.0 perform better. In 2024, the incentives of the PNRR and the Industry 5.0 plan will boost the introduction of new production technologies, the reduction of energy consumption and M&A opportunities.

(Fonte: Intesa Sanpaolo, Osservatorio Bi-Rex 2023)

In particular, in line with the short and medium-term actions envisaged by the REPowerEU plan, Transition 5.0, with a total financial allocation of 6.3 billion euros, aims to promote the transformation of companies’ production processes, responding to the challenges posed by the twin transitions, digital and energy.

Transition to Industry 5.0 financing_datet 6th of august 2024