Emilia-Romagna, industry regains confidence: orders and employment on the rise
03/06/2025
Emilia-Romagna, industry regains confidence: orders and employment on the rise.
Despite the slowdown in production and commercial activities that began in spring 2023 – from which only the mechanical and food sectors remained unscathed – the Emilia-Romagna industry now expects a clear recovery: 34% of entrepreneurs expect an increase in production, with an optimist/pessimist balance of 16 points, compared to 9 points a year earlier; 32% expect orders to increase with the share of optimists exceeding the pessimists by 12 points compared to 3.6 a year ago; and more than one in two companies announces job increases by the end of June.
A decidedly confident climate is felt along the Via Emilia, captured in the survey on the 2023 economic situation and 2024 forecasts for the manufacturing industry, carried out in collaboration between Unioncamere Emilia-Romagna, Confindustria Emilia-Romagna and Intesa Sanpaolo.
"The industry of our region confirms a good capacity to hold up and the forecasts, especially of medium-large sized companies, are positive", underlines the president of the Emilia-Romagna industrialists, Annalisa Sassi, reading the prospective data of the survey on a sample of 412 companies of the system, which represent 62 thousand employees and 20.6 billion euros of turnover.
What emerges more markedly than in previous economic surveys is the dichotomy between the performance and expectations of medium-large companies compared to small ones, with a clear superiority of the former over the latter.
The phenomenon of aggregation and consolidation of the industrial base that emerges from the ten-year analysis conducted by Unioncamere also explains the resilience of the productive fabric along the Via Emilia: from 2013 to 2023, the number of industrial companies active in the region fell by 13.4% (-26% for fashion, -25% for ceramics-glass) but those who left the market were small companies, partnerships (-36.6%, over a third less in a decade), individual firms (-19%) and cooperatives (-18%). While joint-stock companies increased by 10.6% and now represent 42.7% of the industry. With a positive impact also on the labor market, which continues to grow: +2% employed in industry in 2023, a pace double that of the overall growth of employment in the region.
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