13.8 C
March 31, 2023

Romanian immigrants set up 50,000 businesses in Italy

Despite the past two years’ economic recession, the number of Romanian entrepreneurs setting up business in Italy is ever increasing. Thus, the number of companies founded by Romanians tripled between 2005 and 2009, according to a report published Saturday by CGIA Mestre, an association of small entrepreneurs, located in northern Italy, quoted by HotNews.ro. CGIA informs that, at the end of 2009, there were almost 50,000 Romanian firms (more precisely, 49,854 trading companies are currently recorded).

As far as the number of firms is concerned, Romanians rank third, before the Swiss (44,000 firms) and Germans (36,000). The first positions are held by the Moroccans and the Chinese. Giuseppe Bortolussi, one of the directors of CGIA, explained the constant proliferation of foreign firms, even at times of recession, by the fact that the number of immigrants has grown proportionally. It was, also, confirmed that most firms opened by Romanians are specialized in constructions. The geographic areas with the highest concentration of Romanian population are, according to the Milan Chamber of Commerce, Lombardy (19 per cent), Piedmont (18.7 pc) and Lazio (16.7 pc). It was estimated that the almost 600,000 foreign firms on Italian soil offer over two millions jobs.

Related posts

Alro, selected as provider of aluminium products by Airbus

Nine O' Clock

Football: Romania – 56th in the world


UK Ambassador: State-owned comp. inefficiency, biggest obstacle.