Fiat Pandas from Poland to Pomigliano, Asdomar tuna from Portugal to Sardinia, L'Oréal shampoo again from Poland to Settimo Torinese and Fiamm car batteries from the Czech Republic to Abruzzo. These are the five company cases of "reshoring", i.e. return investments in Italy, which will be discussed today at the annual meeting of the Industrial Union of Turin, which will be held in the Alenia factory in Caselle. The meeting will be opened by the president Licia Mattioli, while the closing speech will be by the number one of Confindustria, Giorgio Squinzi.
According to a survey carried out by Efeso's consultants on a sample of Turin companies - as Dario Di Vico recalls today in Il Corriere della Sera - in recent years 21% have brought their production activities or purchases back to Italy, mainly due to the increase in the level of service required by the market.
The second most common reason is "the need to develop new products faster and more reliably", followed by "the increase in the level of quality required by the market". Only 8% of companies explicitly declare that they want to reshor activities in the short term, while 15% limit it to purchases.
On the other hand, reshoring also has disadvantages: in the first place difficulty in accessing the foreign market followed by reduced economic convenience (the wave of relocations started to mitigate labor costs).
