Italy is located in Southern Europe, forming the famous boot shape off of the coast, and is bordered by France, Switzerland, Austria, and Slovenia. The country is rich in culture, from the famous Italian dishes enjoyed throughout the world, to the centre of Christianity housed in the Vatican, Rome. Italy has more world heritage sites than anywhere else in the world.
Italy holds a strong footing amongst other European countries and plays a prominent role in organisations such as the United Nations, the European Union and NATO. Italy is the 7th largest exporter in the world, with the majority of trade being carried out with Germany, France and Spain. Italy is the 5th most visited country in the world and earns more from tourism than anywhere else.
The unemployment rate in Italy is the lowest in the EU, providing the country with a successful and strong economy known for its influential business sector and competitive agriculture. The company focuses its efforts on small/medium sized enterprises as opposed to having a large number of global corporations. The intense industrial production in the Northern “industrial triangle” is notable for being the foundation of Italian industry.
Busy cities including Rome and Milan are popular destinations for business travellers providing the serviced apartment industry with a strong footing for growth and development. With a 2012 industry report placing the country in the top 20 relocation destinations in the world, serviced apartments offer business travellers the perfect accommodation option for both long term stays and relocations.
Key Facts
Capital: Rome
Population: 61 million
Currency: Euro (€) (EUR)
Language: Italian
Dominant Religion: Roman Catholic
Time Zone: (UTC +1)
Main Exports: Engineering products, Tobacco, Beverages
Internet Domain: .it
International Dial Code: +39