Search

Press release

  1. Home
  2. /
  3. Press release
  4. /
  5. Foreign affiliates resident in...

Foreign affiliates resident in Italy

In 2012 there were 13,328 foreign affiliates resident in Italy. These enterprises employed 1.2 million persons, generated a turnover of 505 billion euros and a value added of 93 billion euros.

The foreign affiliates decreased their presence in Italy compared to 2011: with regards to firms by -1.5%, to number of persons employed by -0.8%, to value added by -4.2% but increased the turnover by +3% .

The economic relevance of these enterprises, as compared to resident businesses, was equal to 7.1% of persons employed, 16.6% of turnover and 13.5% value added. The share of R&D expenditure was remarkable: 23.6%.

Foreign affiliates had an average size of 89.3 employees and achieved a better performance than the domestically controlled firms in terms of profitability and productivity.