Ferrara companies, construction speaks foreign. Agriculture remains Italian

Ferrara companies, construction speaks foreign. Agriculture remains Italian
Ferrara companies, construction speaks foreign. Agriculture remains Italian

Ferrara, 9 May 2024 – How much Ferrara companies ‘speak’ foreign, especially individual ones? In some sectors they are the well-established majority. And it’s about important sectors in the social fabric of a territory, such as construction and commerce. This is what emerges from the latest data of theObservatory of the Ferrara-Ravenna Chamber of Commerce, relating to the Estense territory and which refer to the last quarter of 2023, with a projection onto the first quarter of the current year. Taking a look at the table that compares the various sectors and examines the percentage of each total, we note that in construction, last December, 32.7% were represented by foreign companies, compared to 12% by national companies. And also in trade is recorded predominantly xenophilic, with 24.7% of foreign-owned companies and 12.4 percent national. As well as in catering. A sector which, irrefutably, is clearly dominated by Italian companies, remains agriculture, with a clear 24.6% compared to the 1.3% of foreign ownership. “Construction and trade – it is explained in the Chamber of Commerce document – ​​are the sectors where foreign entrepreneurs are concentrated, with higher shares than local companies. And, furthermore, foreign companies are growing throughout the entire provincial territory, but in particular in the middle Ferrara area and in the capital.

The numbers. As of December 31st, the foreign companies There were a total of 3,532 registered and the prevailing legal form is the sole proprietorship, whose percentage incidence is far higher than that of non-foreign ones. Another peculiarity that emerges from the Observatory’s data is that the rate of female entrepreneurship is also in favor of foreign companies, with 25.1% compared to 23.3% of national companies, with a more stable growth trend. The highest percentage (13.8%) of foreign companies in the province is in the middle Ferrara area: in Portomaggiore, for every 100 companies, 16 are foreign, compared to Goro where there is one for every hundred companies. An incidence higher than the provincial average (10.3%) is also recorded Argenta, Bondeno, Cento and Poggio Renatico. The lowest in the province, however, are in Goro (1.4%), Codigoro (4.6%) and Mesola (4.9%).

‘Survival’. Again from the analysis of the Chamber of Commerce it emerges that in the first seven years of life, foreign companies born in 2013 record higher annual losses than all Ferrara companies, up to recording a loss of 16% the year following registration . From the eighth year onwards, however, survival improves and the incidence of closures decreases.

 
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