Doing business & staying in touch

Prior appointments are essential. Visitors should remember that ministries and most public offices close at 1345 and it is not possible to see officials in the afternoon, except by special appointment. Business attire is smart with a suit required for men and women, and a tie for men and stylish accessories for women. The odd designer label does no harm. .

Greeting takes the form of a handshake (social kissing is reserved for friends and family) and business cards are exchanged. If possible, it is best to have one side printed in Italian and one in English, and all company literature should be provided in Italian. Business visitors should always refer to Italian associates as lei (the polite form of tu), unless informed to do otherwise, and colleagues should be addressed by their surname and academic/professional titles respected.

Although some of the Italian business community will speak some English or French, Italian is the dominant language. Italians always appreciate a visitor who tries to speak their language, however poorly. It is often wise to take the precaution of employing an interpreter, to minimise the degree of misunderstandings.

Personal relationships are extremely important and it is unlikely that decisions will be made before trust has been established between the two parties. Business lunches provide the ideal opportunity to build relationships and small talk is an essential part of any business meeting.

Very often meetings will start late and run over and it’s not considered impolite to turn up after your appointed hour, unless for an important meeting.

Business tends to be more formal in the fast-paced Milan than in the more southerly cities of Florence, Rome and Naples, where business is often conducted over long lunches. In the North, standard office hours are Monday-Friday 0900-1700, with an hour-long lunch break, while in the South there is often a two-hour lunch break during office hours of 0800-1900

Office hours: 

Mon-Fri 0900-1700.

Economy: 

Traditionally agricultural, Italy industrialised rapidly after 1945, to the point where less than 5% of the population is now engaged in agriculture. The majority of these live in the south of Italy, which is substantially poorer than the rest of the country. The principal crops are sugar beet, wheat, tomatoes and fruit (especially grapes, many used for wine, of which Italy is a leading producer).

As with most western European economies, the tourism industry now enjoys a major position alongside other service industries such as financial services. Italy continues to rely heavily on the export of manufactured goods. Its particular strengths are in advanced manufacturing techniques and systems, high-quality design and precision engineering.

Most industrial raw materials and more than 75% of energy requirements are imported. The economy has been sluggish since 2000 with growth in 2009 -5% and expected to drop further. Inflation in 2009 was just under 1%; unemployment is 7.5%.

In Europe, despite some doubts about the size of its growing budget deficit (public debt is 105% of GDP), Italy was among the founding members of the Euro-zone in 1999. The current government has enacted some reforms to improve competiveness and growth.
There are many hotels with facilities, particularly in business oriented cities such as Milan, Rome and Turin.

GDP: 

US$1.75 trillion (2009).

Main exports: 

Engineering products, textiles and clothing, production machinery, motor vehicles and transport equipment.

Main imports: 

Engineering products, chemicals, transport equipment, energy products and minerals.

Main trading partners: 

Germany, France, USA, Spain and UK.

Staying in touch in Italy

Telephone: 

Telephone kiosks only accept phonecards, which can be purchased at post offices, tobacconists and some newsagents.

Mobile phone: 

Roaming agreements exist with most international mobile phone companies. Coverage is good.

Internet: 

Public access is available in Internet Corner Kiosks operated by Telecom Italia. Kiosks have been installed at airports, major hotels and in other public places. There are also Internet cafes in all main towns.

Post: 

The Italian postal system tends to be subject to delays. Letters between Italy and other European countries usually take seven to 10 days to arrive. Stamps are sold in post offices and tobacconists.

Post office hours: 

Mon-Fri 0830-1345, Sat 0815-1345. Central offices are open until 1700 during the week.

Media: 

Italy's newspapers are strongly regionalised, with many papers produced in Milan. The press is free but ties with politics can be strong - notably in broadcast media. RAI, the public broadcaster, has been subject to political influence and the vast Gruppo Mediaset media empire is controlled by prime minister Silvio Berlusconi. Among the most important Italian daily newspapers are Corriere della Sera (Milan), Il Messaggero (Rome), La Repubblica (Rome), La Stampa (Turin) and Il Mattino (Naples). The Informer (www.informer.it) is a useful English-language online guide for expatriates living in Italy.

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