Italy’s Top 10 Major Export Companies

Below are Italy’s biggest companies associated with exports organized by asset value. Shown within parentheses is the primary industry in which each company operates. Also shown is the change in asset value as of May 2017 compared to 2016.

1. UniCredit Group (regional bank): US$906.6 billion, up 5% from 2016
2. Intesa Sanpaolo (regional bank): $764.8 billion, up 0.01%
3. Banca MPS (regional bank): $161.8 billion, down -6.4%
4. Eni (oil, gas): $135.9 billion, down -9.3%
5. Banco Popolare (regional bank): $130.9 billion, up 140%
6. Telecom Italia (telecommunications services): $74.3 billion, down -4%
7. Atlantia (infrastructure, mobility networks): $41.5 billion, up 10.1%
8. Leonardo (aerospace, defense): $26.8 billion, down -6.1%
9. Luxottica Group (specialty stores-eyewear): $10.9 billion, up 3.4%
10. Prada (clothing, accessories): $5.2 billion, down -1%

Banco Populaire posted the strongest increase in asset values from 2016 due to merger and acquisitions activity.

Asset declines ranged from -1% for Italian fashion trend setter Prada up to a -9.3% drop for oil and gas firm Eni.

Sales is the life blood of all business, particularly for firms that compete on the international stage. Two regional banks, Banco Popolare and Banca MPS, posted the greatest sales increases from 2016 to May 2017.

1. Eni: US$61.6 billion, down -29.4% from 2016
2. Intesa Sanpaolo: $24.8 billion, down -36.5%
3. UniCredit Group: $24.4 billion, down -5.1%
4. Telecom Italia: $21.1 billion, down -3.9%
5. Leonardo: $13.3 billion, down -7.8%
6. Luxottica Group: $10.1 billion, up 2.6%
7. Atlantia: $6 billion, up 3.11%
8. Banca MPS: $5.9 billion, up 13.7%
9. Prada: $3.91 billion, up 0.3%
10. Banco Popolare: $3.9 billion, up 76.5%

Sales declines ranged from a -3.9% setback for Telecom Italia up to -29.4% for oil and gas competitor Eni and -36.5% for Italian bank Intesa Sanpaolo.

Facing down the slowing global economy, seven of the largest Italian firms posted profits as of May 2017.

1. Intesa Sanpaolo: US$3.4 billion, up 9.5% from 2016
2. Telecom Italia: $2 billion, reversing a -$79.8 million loss
3. Atlantia: $1.2 billion, up 31.1%
4. Luxottica Group: $940.8 million, up 5.5%
5. Leonardo: $558.6 million, up 110.8%
6. Banco Popolare: $476.9 million, up 48.8%
7. Prada: $364.7 million, no change
8. Eni: -$1.6 billion, down -83.5%
9. Banca MPS: -$3.6 billion, up 2,791%
10. UniCredit Group: -$13 billion, reversing a $1.8 billion profit

Telecom Italia achieved the most dramatic turnaround going from a -$79.8 million loss in 2016 to $2 billion in black ink as of May 2017.

In contrast, Italian financial institution UniCredit Group saw its fortunes reversed from $1.8 billion in profit during 2016 down to a formidable -$13 billion loss at May 2017.

Four of Italy’s top 10 major export companies have their headquarters in Rome, Italy’s capital and largest city. The second-most highly populated Italian city, Milan is home to three other top enterprises.

1. Atlantia: Rome
2. Banca MPS: Siena
3. Banco Popolare: Verona
4. Eni: Rome
5. Intesa Sanpaolo: Turin
6. Leonardo: Rome
7. Luxottica Group: Milan
8. Prada: Milan
9. Telecom Italia: Rome
10. UniCredit Group: Milan