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[BUSINESS] · Italy, United States · 22 sources

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Ambrosetti Forum: Italian business leaders signal cautious optimism

The 52nd edition of the Ambrosetti Forum in Cernobbio has highlighted a complex economic landscape for Italy. A survey conducted by The European House-Ambrosetti among over 200 managers indicates cautious optimism, with 72.1% of respondents expecting revenue growth in 2026. Business leaders, including Emma Marcegaglia, emphasized that government stability is a key asset for long-term planning and investment.

However, specific sectors face challenges. In the jewelry industry, Intesa Sanpaolo reports a period of normalization; while overall demand for gold has declined internationally, Italian exports remain resilient, bolstered by a 30% growth in the US market. Meanwhile, the high-tech sector faces a gap in investment compared to European averages, with experts calling for improved energy competitiveness and regulatory simplification.

Energy utilities are identified as major drivers for future growth, with potential investments estimated at 315 billion euros by 2035 and 825 billion euros by 2050. On the corporate front, Beretta CEO Carlo Ferlito noted that while the family-owned structure remains a competitive asset, the company may consider an IPO if capital is required for further expansion. The forum also served as a stage for political debate, featuring clashes between figures like Roberto Vannacci and Mario Monti regarding the future of European integration.

Entities

Beretta Holding · Emma Marcegaglia · Roberto Vannacci · Sergio Mattarella · Teha Group · The European House - Ambrosetti · The European House – Ambrosetti · The European House-Ambrosetti · Valerio De Molli · Villa d'Este

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