SME’s in Italy – A snapshot

Jan 08, 2014 1651

Italy's SME sector — the largest in the EU by number of firms — is dominated by more than 3.6 million micro-firms with less than 10 employees. Micro firms therefore contribute more to employment and value-added than elsewhere in the EU: nearly half of total employment and one-third of value added says the European SBA Fact Sheet.

There is however, still a strong SME dominance in the manufacturing sector. Although only 10 % of all Italian SMEs are active in this sector, one out of four employees in the SME sector work in manufacturing, compared to one in five for the EU average. Manufacturing therefore plays a decisive role for Italian SMEs.

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