Sat, Feb 11 2012

Italian chambers of commerce hold annual summit in Sofia

Fri, May 23 2008 15:54 CET

byElena Koinova

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Italy can only win the game of globalisation if it acts in a concerted effort in all territories where Italian emigrants are present, Maurizzio Achini, head of the corporate department at BNP Paribas, told participants the annual meeting of Italy's chambers of commerce abroad based in Europe.

The half-day seminar, which took place in Hilton hotel, Sofia, and was titled Italian small and medium enterprises: From export to lasting establishment on European markets, gathered representatives of Italian chambers of commerce from the so-called zone Europe, members of Italian Senate, Bulgarian and Italian governmental institutions.

Participants made clear that, while the Italian emigrant community is very large and spread across all continents, its entrepreneurial activities lack a systemic approach and this is still to the detriment of Italy's attempt to internationalise Italian business operations worldwide.

For this reason, to ensure maximum success, all Italian chambers of commerce, together with Italian foreign trade institutes and organisations aiding the expansion of Italian business, both large and small, must act in a systematic fashion.

Unfortunately, Italians abroad are yet to attain this goal but steps in this direction have already been taken.

"Italy is the sole country, which encourages and supports the international activities of Italy's chambers of commerce and aiming at the delocalisation of Italian enterprises abroad," said Nikolai Burzashki, head of the Small and Medium Enterprises Agency.

Since 1984, when Italy adopted legislation aimed at promoting work of Italian chambers of commerce abroad, the country's government has financed thousands of projects, said Eduardo Pollastri, a senator and president of Italy's Assocamerestero.

Italy is Bulgaria's largest partner with trade turnover of three billion euro, in what is a 14 per cent year-on-year increase. Between 1996 and 2007, the volume of Italian investments in Bulgaria reached 1.043 billion euro, which makes it the fifth-largest investor in Bulgaria.

Among the largest Italian investors in Bulgaria are textile maker Miroglio, energy company Enel and banking group UniCredito, among others.

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