According to the World Bank, Italy's economy is the eighth-largest in the world, with a GDP of $2.1T in 2021. Italy offers foreign investors easy access to the European Single Market's 500 million consumers, the Middle East, and North Africa, and the country ranks 7th on the global FDI Confidence Index.
Italy's economy is Europe's second-largest manufacturing economy, accounting for 16% of the EU's total value of sold industrial production in 2021, according to the European Commission. Most of Italy's manufacturing occurs in the northern part of the country, where a cluster of SMEs and passionate, familyowned enterprises have built and up and exported the internationally recognised "Made in Italy" brand.
Founded in 1954 and based in Brescia, Lombardy, Bonomi Industries is a highly reputed Italian manufacturer and global provider of quality valves and actuators for industrial and residential applications.
This story is from the February 17, 2023 edition of Newsweek Europe.
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This story is from the February 17, 2023 edition of Newsweek Europe.
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