Emilia Romagna Region

I INVEST IN EMILIA ROMAGNA – ONE TERRITORY, MANY OPPORTUNITIES

Source: Invest in Emilia-Romagna

 

Emilia-Romagna region is open to new foreign investment. Businesses will find here valuable opportunities and advantages, enabling them to innovate and grow in a highly specialised economic system, with easy access to international markets, a broad ecosystem of suppliers/customers and skilled human resources. A region whose development model has been able to combine economic competitiveness with a high level of social cohesion and an enviable quality of life.

In 2018 FDI Intelligence, the Financial Times foreign investment specialist division, has published the “European Cities & Regions of the Future 2018/19” report on the attractiveness of cities and regions in Europe.  Emilia-Romagna ranks 6th for business attractiveness among the Top 10 Southern European regions.The region also stands 5th among the Top 10 Large European regions for FDI (Foreign Direct Investment) strategy. Emilia-Romagna has improved its ranking compared to the edition of two years ago, gaining one position for each category in which it has been awarded.

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INNOVATION

The following indicators show a strong commitment of the regional economic system towards innovation.

There are 31,919 employees in R&D sectors, while total investment in R&D amounted to 2,682 million Euro in 2015. Emilia-Romagna is one of the Italian regions with the highest proportion of R&D personnel per 1,000 inhabitants (7.2% in 2015 while Italian average is 4.3%).

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A public administration that supports new investment. The territory is governed at regional level by the Emilia-Romagna Region, which passed a specific “Regional Investment Promotion Law (R. Law no. 14)” in July 2014. The region comprises 334 municipalities that are grouped into one Metropolitan City (Bologna) and 8 provinces (Ferrara, Forlì-Cesena, Modena, Parma, Piacenza, Ravenna, Reggio Emilia and Rimini). The regional population has reached 4,454,393 residents (1/1/2016).

There are 6 universities in Emilia-Romagna, with over 400 courses, 153 masters, 126 specialization courses, 113 Ph.D. and 150 thousand enrolled students in the 2015/16 academic year. About 70 million euro each year are allocated for the right to education.

The regional universities are: University of Bologna (among the oldest of the western world), University of Modena and Reggio Emilia, University of Ferrara, University of Parma, Cattolica University of Piacenza, the seat in Piacenza of the ‘Politecnico di Milano’, and besides, the American Johns Hopkins University.

The wide regional system of public and private universities and training bodies ensures the availability of high skilled human resources, providing an offer of courses fine-tuned with the needs of the regional companies.

The European Regional Innovation Scoreboard (2017) ranks Emilia-Romagna among the top innovative regions in Italy.

Emilia-Romagna is the second region in Italy for number of innovative Start-Ups (2018).

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Emilia-Romagna is a region open to new foreign investment and with an economic system that is highly export-oriented.

 

A new educational infrastructure, “Education and Research Emilia-Romagna”, fosters integration among 545 schools, over 150 accredited training providers, universities, research organizations and economic system. The infrastructure is supported by an investment of 120 million euro each year, and is divided in four sections:

The Emilia-Romagna region comprises 331 municipalities that are grouped into one Metropolitan City (Bologna) and 8 provinces (Ferrara, Forlì-Cesena, Modena, Parma, Piacenza, Ravenna, Reggio Emilia and Rimini). The regional population has reached 4,457,318 residents (1/1/2017).

The economic system is increasingly focused on international markets and features: high rate of entrepreneurship, strong manufacturing sector, high level of innovation, wealth per capita higher than the Italian and European average.

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