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 trade exchange – high level with a glimpse of recovery
In 2024, German-Italian interchange recorded a
a value of 156 billion euros. Germany remains the top trading partner for Italy followed by China, France and the US. Italy and Germany account for 42.5 percent of total EU exports to the US.
Crossborder_Business Italia_Germania_2024_AHK_Italien
AHK-Interscambio Italia-Germania 2024
German direct investment in Italian industry_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