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SMEs: among the thousand most innovative in Europe, 110 are Italian

In numerical terms, according to a report by the London Stock Exchange, it is the fourth most numerous patrol on the continent, the first for annual growth rate of turnover: +219%, against the +103% of the European average.

SMEs: among the thousand most innovative in Europe, 110 are Italian

Among the thousand most dynamic SMEs in Europe, 110 are Italian. In terms of numbers, it is the fourth largest patrol on the continent, the first in terms of revenue growth rate and second only to Spain in terms of new job creation. This is what emerges from a research by the London Stock Exchange Group on unlisted European small and medium-sized enterprises, whose performance plays a "fundamental role for European economic growth, innovation and job creation". The analysis examines the financial statements from 2013 and 2015 of companies with revenues between 20 and 300 million euros.

In general, the most dynamic SMEs have an aggregate annual growth rate of 103%. The Italian performance is much higher than the average, with more than double numbers (+219%, to 66 million a year), decidedly higher than in Germany, France, the United Kingdom and Spain.

The rate of job creation throughout Europe stands at 43%, but the data relating to the first 100 companies included in the report shows a +730% in the last three years. The Italian figure is at 54 percent, above the French level, more than double that achieved by Germany, two points beyond the United Kingdom.

20% of the thousand companies belong to the manufacturing and engineering sector, the most represented in the report, which boasts an annual revenue growth of 171 percent. The food and wine sector, on the other hand, recorded an average increase in turnover of 112 percent, while the technological one stood at 65 percent.

The dynamism of these companies is also demonstrated by "an exceptional level of innovation - reads the report - the thousand companies own almost 8 thousand patents and registered trademarks, double compared to 2016".

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