Business News

The Numbers of "Made in Italy" at the Confagricoltura Assembly

The agri-food sector stands as Italy's primary economic driver, comprising both primary agriculture and the food, beverage, and tobacco industries. With 1.38 million employees in 2022, it remains the most significant employer in the country. Following closely are the metallurgy and the metal products sector with 736,000 employees, and the…

Italy Plans Agreement with Supermarkets to Regulate Prices of Essential Commodities

The Italian government aims to regulate prices of essential consumer goods in cooperation with supermarkets and producers during the final three months of the year. Industry Minister Adolfo Urso is leading negotiations to establish a Memorandum of Understanding, seeking to cap prices on a selection of everyday food and non-food…

The Italian Boatbuilding Industry Experiences a Growth of 20% in 2022

In 2022, Italy's marine industry experienced a 20% growth compared to the previous year, reaching a value of EUR 7 billion. The nautical industry, including accessories and engines, is expected to surpass EUR 7 billion, indicating a 15% increase from 2021. Despite a global economic slowdown and uncertainty due to…

Banyuwangi Highlights Fisheries Potential with the Fish Market Festival

The Banyuwangi Regency government in East Java is promoting the potential of the local fishing industry through the Fish Market Festival, centered in Kampung Mandar. The festival, which began on July 31, 2023, features various activities such as culinary workshops, education sessions, and exhibitions of processed fish products. Banyuwangi's Regent,…
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