Business · Companies · 4 hrs ago

Foreign Multinationals in Italy Add €196 Billion in Value

Foreign Multinationals in Italy Add €196 Billion in Value

Istat's 2024 report looks at multinational companies in Italy and abroad.

Foreign-owned companies operating in Italy generated €196 billion in value added.

Their productivity was about one and a half times higher than that of other companies.

They increased value added and spending on research and development, but their turnover fell.

Italian-owned companies operating abroad advanced on nearly all measures.

The European Union made up a smaller share of the destinations for those companies.

The report does not say what happens next.

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