Quick facts about Milan
Milan is an important economic hub in Italy and one of the world's capitals of fashion and design. Home of the national stock exchange, this thriving business center hosts international conferences and trade shows throughout the year.
Location
Milan is the capital of Lombardy and the wealthiest city in Italy. It is situated in the low-lying Padan Plain, at the heart of one of Europe’s most densely populated metropolitan districts. To the north lies the great sweep of the southern flank of the Alps, with Lake Como just a few kilometers away. Milan has a typically Mediterranean climate with hot, sunny summers and cooler, wetter winters.
Industries
Milan area is one of the largest industrial centers of Italy. It hosts varied manufactures that include electrical appliances, textiles, furniture, processed foods, chemicals, and leather. Milan has successfully transformed into a post-industrial city that generates wealth through services, trade fairs, creative industries, technology, and as a financial center.
Business opportunities
The most promising sectors are pharma, food, fintech, and fashion. Thanks to favorable tax regulation and fiscal incentives to boost innovation, excellence in higher education, as well as excellent geographic location at the intersection of Europe’s north-south and east-west axes of trade and transportation, Milano offers foreign investors a flourishing innovation ecosystem and a great pool of talent at a competitive cost of doing business.