Doing Business In ITaly

INTERNATIONAL BUSINESS IN ITALY

2. CURRENCY: Euro

3. POPULATION IN THE COUNTRY: 60,221,211 200

4. LANGUAGE: Italian

5. GOVERNMENT: Unitary Parlamentary Republic

6. WHAT MNE's OPERATE IN ITALY?

 Assicurazioni Generali

 Barilla Group

 Eni S.p.A.

 Enel S.p.A.

 Ferrero S.p.A.

 Fiat S.p.A.

 Finmeccanica S.p.A.

 Luxottica Group S.p.A.

 Parmalat S.p.A.

 Pirelli & C. SpA.

 UniCredit S.p.A.

By sector are:

 Motor vehicles :Fiat, Aprilia, Ducati, Piaggio

 Chemicals and petrochemicals: Eni

 Energy and electrical engineering: Enel, Edison

 Home appliances: Candy, Indesit

 Aerospace and defense technologies: Alenia Aeronautica, Agusta, Finmeccanica

 Firearms: Beretta

 Fashion: Armani, Valentino, Versace, Dolce & Gabbana, Roberto Cavalli, Benetton, Prada, Luxottica

 Food processing: Ferrero, Barilla Group, Martini & Rossi, Campari, Parmalat

 Sport and luxury vehicles: Ferrari, Maserati, Lamborghini, Pagani

 Yachts: Ferretti, Azimut.

Rank Company Global

500

rank City Revenues

($ millions)

1 Assicurazioni Generali

19 Trieste 126,012

2 ENI

24 Rome 117,235

3 Enel

60 Rome 89,329

4 Fiat

85 Turin 69,639

5 UniCredit Group

102 Milan 64,709

6 Intesa Sanpaolo

151 Turin 47,282

7 Telecom Italia

181 Milan 39,764

8 Poste Italiane

286 Rome 27,935

9 Finmeccanica

310 Rome 26,335

10 Premafin Finanziaria

432 Milan 20,424

11 Gruppo Mediolanum

472 Basiglio 18,057

7. WHAT DOES ITALY ARE EXPORT AND IMPORT?

Exports include textiles and apparel, equipment for transportation, metal and mechanical products, chemical products, and food and agricultural products.

Imports include ferrous (iron or iron-containing) and nonferrous metals, equipment for machinery and transport, food products, wool, cotton, and energy products.

The 2008 recession decreased Italy's global trade volumes significantly. Its export volumes decreased from $546.9 billion in 2008 to $369 billion in 2010. However, the country's economy remained relatively strong and ranked 8th in the world for export volumes.

The main exported commodities include:

 Engineering products

 Textiles and clothing

 Production machinery

 Motor vehicles

 Transport equipment

 Chemicals

 Food

 Beverages and tobacco

 Minerals and nonferrous metals

 Minerals and nonferrous metals

 Transport equipment

 Chemicals

 Food

 Beverages and tobacco

 Minerals and nonferrous metals

8. WHAT DOES ITALY INVESTS IN ECUADOR?

The main Italian companies with equity capital currently present in Ecuador are: Agip, which operates in the sector of oil and gas (Agip - oil is part of the consortium OCP - LIMITED which was awarded the concession for the construction of the new Ecuadorian oil pipeline ) FERRERO, which owns a factory for the production of sweets and Parmalat, which operates in the sector of production and marketing of dairy products. Among the Italian companies foreground are also present in Ecuador .

9. WHAT DOES ECUADOR INVESTS IN ITALY?

The main products exported to Italy Ecuadorians are bananas (representing about 70% of total), shrimp, fish, flowers, coffee, cocoa, fruit, vegetables, crafts and "tagua (vegetable ivory).

10. HOW MUCH FDI IN TERMS OF US DOLLARS HAS BEEN INVESTED IN YOUR COUNTRY DURING 2010?

According to World Bank, in Italy have been invested around $ 28,976,453,267.

11. HOW MUCH FDI WAS INVESTED IN ECUADOR?

According to World Bank, in Ecuador have been invested around $316,457,890

12. WHAT IS THE PERCENTAGE OF EMPLOYMENT AND UNEMPLOYMENT OR UNDEREMPLOYMENT I ITALY?

Employment rate: 56.8%

Unemployment rate: 8.4 %

13. WHAT IS THE PER CAPITA INCOME IN ITALY?

The per capita income is $29,417. (Gross domestic product GDP is $1.771 trillion)

14. WHAT IS THE EXCHANGE RATE IN ITALY IN RELATION WITH THE US DOLLAR AND THE EURO?

Per each Euro, we have $ 1,4257 dollars.

15. HAS ITALY MADE COUNTERTRADE BUSINESS?

No, Italy doesn’t.

16. MANE 5 ONG’S THAT AE PRESENT IN YOUR COUNTRY.

...