Thinking Europe? Choose Italy www. investinitalv. com FOCUS ON TUSCANY
According to KPMG's 2002 Competitive Alternatives Guide, Italy has improved its cost of doing business position against every other G7 country. Among all the countries surveyed, Italy came in third in the overall cost for doing business, third in total labor costs, including wages and salaries, statutory plans, and its costs for doing business are 13.4% lower than in the U.S. The U.S. is the biggest investor in Italy with 25% of all foreign capital. There are more than 425 U.S. companies in Italy, employing some 153,000 people. In Italy, your business will have access to 57.6 million consumers with one of the highest GDPs per capita in Europe.
Chemical I Pharmaceutical Tuscany is the location for many companies in chemical and oilrelated activity. International companies such as Rhodia (France), D O W (USA), Solvay Chemicals and Solvay Polyolefin (Belgium), Agip^Petroli and Agipgas (Italy) are among the 30 major firms with more than 2,000 employees, which operate in the area. Another 500 smaller companies employing more than 2,000 provide related industrial activity. Sales in this area in 1998 exceeded 2.740 billion lire and it reached 2.770 billion lire in 1999. In the Pharmaceutical Sector, 18 foreign and Italian multinationals employing around 800 people have found in the greater Pisa-Livorno area of Tuscany the infrastructure and support necessary to successfully operate throughout Italy and Europe: • links to prominent universities such as the Scuola Normale Superiore and the Scuola S.Anna; • advanced research laboratories which closely cooperate with industry; • the availability of skilled workers at competitive costs; • high-caliber graduates; • know-how that has been present in this area for a long time; • a supply and transport infrastructure of the highest level.
Italy virtually invented quality of life with its warm hospitality, ideal climate and legendary cuisine.
SlSTEMA INTECRATO PISA-LIVORNO
APET
ECONOMIC P R O M O T I O N AGENCY OF TUSCANY
ITALY
REGIONE TOSCANA
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Provincia di Pisa
Italian Trade Commission Government Agency For more information please contact
33 East 67th Street New York, NY 10021 tel: 212-980-1500 fax:212-758-1050 email:
[email protected] web: www.investinitaly.com www.italtrade.com \
Provincia di Livorno