by InTrieste
In a major boost to its economic landscape, Friuli Venezia Giulia will see the creation of 371 new jobs, thanks to a series of investments totaling €121 million by three leading companies. The announcement follows the approval of a strategic Development Agreement co-financed by the regional government, the Italian Ministry of Enterprises and Made in Italy, and the national agency Invitalia.
Sergio Emidio Bini, the region’s Councillor for Productive Activities and Tourism, hailed the agreement as a testament to Friuli Venezia Giulia’s growing appeal for business. “This initiative confirms our region as an attractive and advantageous destination for companies. These investments will significantly enhance our economic fabric while providing opportunities for local communities,” said Bini in a statement.
A Trio of Ambitious Projects
The Development Agreement encompasses three distinct projects spearheaded by companies operating in the region:
- Siap Spa:
- Location: Montereale Valcellina
- Sector: Automotive (gear manufacturing)
- Investment: €37.8 million
- Outcome: A 30% workforce increase, with 144 new jobs by 2026.
- BAT Trieste Spa:
- Location: San Dorligo della Valle (Trieste)
- Sector: Alternatives to traditional cigarettes
- Investment: €54.4 million
- Outcome: Development of production facilities and installation of new lines, resulting in 180 jobs by 2025.
- CGA Technologies:
- Location: Cividale del Friuli
- Sector: Domestic refrigeration, automotive, and alternative energy
- Investment: €28.6 million
- Outcome: Expanded production capacity and operational diversification, creating 47 new jobs by 2027.
Regional and National Support
The regional government will contribute €3.6 million to the projects, with an additional €14.5 million in incentives provided by the Ministry of Enterprises and Made in Italy. The partnership is part of a national framework established by Decree-Law 112/2008, which facilitates negotiations between public entities and companies to support strategic investments.
“This agreement is not just about financial support,” said Bini. “It’s a statement about the strength of our productive ecosystem and the effectiveness of the policies implemented by this administration.”
A Vision for 2030
The investments align with Friuli Venezia Giulia’s broader economic strategy, including its FVG Manufacturing Agenda 2030, set to launch in 2025. This ambitious plan aims to revitalize the region’s manufacturing sector, bolstered by measures in the newly approved Stability Law.
As the region positions itself as a hub for industrial innovation and economic development, the initiatives promise to reinforce Friuli Venezia Giulia’s reputation as a beacon of opportunity for global businesses and local communities alike.
