Report on the Economy and Finance of the Industrial Districts: ready to restart
Intesa Sanpaolo has presented the 15th edition of its Annual Report on the industrial districts, drawn up by the Bank's Studies and Research Department in order to analyse the economic and financial evolution of district enterprises.
The Report shows the speed of the recovery of the districts after the slump in 2020, describes the actions taken to combat energy price increases and quantifies the effects of the energy crisis on the profit margins of companies.
Technology, innovation and human capital are among the key elements required to return to growth in 2024, along with the recovery of demand.
“The district enterprises have shown that they are particularly active in the digital field, the ecological transition and the investment in human capital.
“In the districts, it has been possible to maintain the links of the territory’s value chain with a development model in which medium to large enterprises, furnished with brands, patents and a flair for internationalisation, have pulled along the local SMEs of their supply chain.
“Intesa Sanpaolo contributed significantly to the success of this model with the Supply Chains Development Programme, which now involves 830 leading businesses and their suppliers. Through this Programme, small, strategic suppliers can bring their ratings up to those – usually higher – of their clients, with benefits for the quantity of credit and its cost.”
Gian Maria Gros-Pietro, Chairman of Intesa Sanpaolo
The highlights of the Report:
Last updated 19 July 2023 at 15:04:00