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Why invest in the province of Varese

Diversification and business acumen are the buzzwords to use when describing Varese's economy. Some 65,000 companies employing 272,000 workers are distributed across the secondary and tertiary sectors, offering a vast array of products and services.

Varese's extensive entrepreneurial history is reflected by its successful multinationals (Agusta, Bticino, Whirlpool, Novartis, Conforama and Alenia Aermacchi) and its thriving network of small and medium-sized businesses and craft workshops. A total of 53 businesses per sq km (an average of 34 in Lombardy and a national average of 18) of which 37% are craft workshops (an average of 32% in Lombardy and a national average of 28%) are just a couple of Varese's key economic statistics.

As a result, new companies are able to rely on a varied economic structure in a province that balances modernity and tradition.

High quality of human capital

Varese closes the gap between companies and the education system. The area has always based its economic development on quality: as such, human capital is paramount. The education system guarantees a high level of qualification and specialisation in line with the structure of the economy. High profile employees are fundamental to business development and Varese has been able to satisfy the demand by implementing specialist education programmes at two local universities: Università Carlo Cattaneo (LIUC) and Università degli Studi dell’Insubria.

Numerous attractions

Varese is home to several prominent energy consortia and businesses. Companies from Varese are also heavily involved in important initiatives that encourage energy product/process innovation and internationalisation, such as "Energy clusters: local energy for a Varese: a great place to live and a key destination for eco-tourism. The blue lakes, green fields and valleys at the foot of the Alps make Varese an eco-friendly province, with low emissions of particulate matter (PM10), good water quality and water treatment facilities, waste management and recycling.

Strategic position

Varese shortens the distance. The province is at the heart of Europe, at the foot of the Alps, and is a stepping stone to the north of the continent. Varese is also at the forefront of ICT through the deployment of ultra-wideband (UWB) network. UWB connects key European markets and simplifies communication between businesses and the public.

Opportunities for investment

Varese always supports its companies. Varese’s businesses can always rely on comprehensive support in terms of promotional activity, development and assistance and they can benefit from a system that encompasses both public and private sectors. These forces have vowed to work together to help companies cope with harsh economic circumstances.

Development of business

Varese exports globally. Varese’s trade surplus adds up to nearly €9 billion a year, while more than 30% of the manufacturing revenue comes from exports alone. The hi-tech sector of the economy has brought international prestige to Varese, accounting for 63% of the share of production. This puts the province in first place in Lombardy (47% being the national average).

Key facts

Add value

Diversification and business acumen are the buzzwords to use when describing Varese's economy. Some 65,000 companies employing 272,000 workers are distributed across the secondary and tertiary sectors, offering a vast array of products and services.

Network

Connection with Switzerland and northern Europe.

Plus features

The "Energy clusters: local energy for a competitive Lombardy" scheme (23% of the companies that signed up are from Varese).

Factory

Varese's extensive entrepreneurial history is reflected by its successful multinationals and its thriving network of small and medium-sized businesses and craft workshops. A total of 53 businesses per sq km (an average of 34 in Lombardy and a national average of 18) of which 37% are craft workshops (an average of 32% in Lombardy and a national average of 28%) are just a couple of Varese's key economic statistics.

Innovation hub

6 Research center / Innovation center / Technology parks
  • 6 research centres
  • 1 service centre
  • 31 SMEs
  • 9 large aerospace enterprises
2 Universities
  • Università degli Studi di Varese
  • Università Carlo Cattaneo (LIUC)

 

Key sectors

Aerospace

Important brands such as Agusta Westland and Aermacchi (part of the Finmeccanica Group) and leading sub-suppliers are based in Varese. Major regional initiatives include the foundation of the Lombardy Aerospace Cluster in the province. This cluster groups together 6 research centres, 1 service centre, 31 SMEs and 9 large aerospace enterprises.

Energy

Varese is home to several prominent energy consortia and businesses. Companies from Varese are also heavily involved in important initiatives that encourage energy product/process innovation and internationalisation, such as "Energy clusters: local energy for a competitive Lombardy" (23% of the companies that signed up to the scheme are from Varese).

Transport and Logistics

The province of Varese is at the heart of Europe: it is situated at the foot of the Alps and acts as stepping stone to the north of the continent. The area is also an important strategic base for logistics firms (more than 2000 companies operate from here) as a result of the first-class infrastructure (Malpensa intercontinental airport, the Alp Transit rail project and an extensive road network).

Home appliances

The fact that leading multinationals such as Whirlpool and Haier are based in Varese is a strong selling point in its own right. Home appliance manufacturing has a long history in the province because of the number of sub-suppliers and the highly developed logistics system which is capable of satisfying even the most challenging demands.

Tourism and Sport

The region's proximity to Milano, the new Milano Rho-Pero Exhibition Centre and Malpensa airport, coupled with its thriving business environment, make Varese the ideal destination for all kinds of tourism. Varese's valleys, lakes and top international sporting events are attracting a growing number of sports and nature fans. The vast range of products and services on offer has contributed to the ongoing growth in the tourism sector and 1.7 million tourists now visit Varese each year.

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