The area
around Varese, in the norther
part of Lombardy, the region whose capital is Milan, is a sort of foreigner
colony.
Many of the
companies present there are no more owned by Italian entrepreneurs or
shareholders.
Recently Cobra
was bought by Blu, a German hedge fund. And this is just the last one of a long list including
BTicino, in the switch industry, Ignis who is now known as Whripool, CB Ferrari
and much more.
Why this?
Because
this small and medium enterprises can be considered like gold nugget in the
present business world. Cobra,
to name the last one, is listed at the Italian Stock Exchange market, employs
about 450 people and is a market leader in the car antitheft systems.
Germany is
a sort of new landlord in this part of Italy, being shareholder of 43
companies, on the podium you can find US (silver medal) with 33 participations
and Swiss with 24.
Isn’t this
a signal of the quality of Italian companies?
Let's thank Hotel Ungheria, an excellent place to stay while in Varese, for the pictures published in this post
