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Covid: 44 fewer new businesses between March and May

Unioncamere data say that compared to the same period of 2018, new businesses are down by 42,8% - More marked collapse in the North, among the sectors clothing is worse than catering.

Covid: 44 fewer new businesses between March and May

Forty-four thousand… and counting. As expected, the lockdown has brought the manufacturing world to its knees, causing a drop of 42,8% according to Unioncamere compared to the figure for new businesses registered between March and May 2018: to date there are already 44 and the figure is inexorably destined to increase between now and the end of the year, with the greatest price to be paid above all by the northern regions. The business association communicated the figure on the occasion of its annual meeting, which was also attended by the Minister of Economic Development, Stefano Patuanelli, representing the Government. In Patuanelli, Unioncamere presented a proposal for a relaunch in ten key points.

“It is a question – explained the president Carlo Sangalli – of act on digitization and 4.0 technologies, infrastructure, simplification, civil justice and mediation, internationalization, tourism, new businesses and young people, sustainability, training, financial endowment and organizational strengthening of businesses. Acting on these points is the country's real priority". "Push the accelerator on the digitization of companies and on the adoption of 4.0 technologies - insisted the president of Unioncamere in the assembly - would lead an increase of over one and a half points of GDP in the short term, while reducing bureaucratic-administrative burdens on businesses (primarily those linked to starting a business or paying taxes) means recovering almost 2 points of GDP for Italy”. 

The pandemic, continues the Unioncamere analysis, shows that it already has hit hard in several regions of the North and Center. In Lombardy and Marche, registrations of new businesses halved between March and May 2020 compared to last year, in Tuscany and Emilia-Romagna they fell by more than 47%, Lazio and Friuli Venezia Giulia experience a setback of new companies exceeding 45%. In absolute value, Lombardy accuses the major stop in the diffusion of new companies: -8.721 compared to 2019. Lazio follows, with -5.056 new registrations. Then Emilia-Romagna, with -3.535 new businesses.

On the opposite side of the ranking, with therefore less heavy data even if still negative, they meet different regions of the South, starting from Basilicata, Sicily, Campania and Molise, where new companies registered in the three months of the lockdown fell between 20 and 30% compared to 2019. Some sectors, in particular, recorded a significant reduction in registrations. It is the case of Packs of clothing items (-59%), Catering and Accommodation (both approximately -54%), Manufacturing of metal products (where almost half of the registrations of new companies are recorded compared to the same period last year). Less significant decreases, on the other hand, occurred among the auxiliary activities of financial services (-9,1%), in the food industries (-22,3%) and in agricultural crops (about -25%).

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