Foreign multinationals' turnover in Italy gallops to 26,9%  

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In 2022, the turnover of foreign multinationals in Italy recorded a significant increase in 26,9 %, reaching over 908 billion euros. This data emerged from the latest Istat report, which highlights a continuous economic growth of these companies in the country.

Key Report Details:

  • Foreign multinationals have generated an added value of 173 billion euros, with an increase of 13,4 % compared to the previous year.
  • These companies employ more than 1,7 million employees, marking an increase in 5,8 %.
  • Foreign multinationals have invested approximately 6 billion euros in research and development, with an increase in 4,9 %.

Sectors and distribution:

  • The foreign subsidiaries operate mainly in the services (71,3%) compared to theindustry (28,7%). However, in terms of turnover, the industrial subsidiaries contribute for 46,7 % of the total.
  • Sectors such as automotive manufacturing and pharmaceuticals show a strong presence of foreign multinationals, with significant shares in the added value.

Exports:

In 2022, exports of foreign multinationals from Italy increased by 22,9 %, while imports grew by 23,4 %, contributing significantly to Italian trade. These data indicate not only the strength of foreign multinationals in Italy but also their crucial role in the national economy.

Turnover of foreign multinationals in Italy  

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Turnover of foreign multinationals in Italy