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Industry in Italy is very developed, making us one of the most industrialized countries in the world, although in the last years this primate has been lost, and our country has lost a few positions in this classification.
The reasons of this partial decline are in particular the passage to the single European currency (Euro) which hasn't been painless, especially when added to the competition of the Asiatic countries, which manufacture low cost products helped by the lower prices of man-labour. Italy remains a versatile country and our business men have all the right characteristics to go back to being competitive and winning in the peak sectors of our industry.
We can mention some of the most active ones: the automobile industry, here we have great traditional businesses which make Italy proud throughout the world, the engineering industry, which is very developed and active, the textile, mining, chemical, food, electronic and aeronautic sectors in which our country distinguishes itself for innovation and high quality productions.

Some of the main industries of the automobile industry belong to Italy, industries which have a good piece of the international market, probably because Italian cars have that touch in the design and craftsmanship loved by foreign countries. Our main industry in the automobile sector is surely FIAT, located in Turin, employing thousands of workers and many more people of other satellite businesses which produce auto parts and spare parts. Among the other important businesses in this sector, surely the most famous is represented by the Ferrari of Maranello, automobile company which makes us proud in the world. Ferrari creates unique and unrepeatable models as far as technologic innovations and design are concerned, making us dream during the Formula 1 GP, where we often win.
Another very important sector is the engineering industry, which represents 41% of the entire manufacturing industry and manages all those metallurgic and mechanical processes used for the production of complex machines or parts of them, semimanufactured and metallic carpentry, printing, cutting, painting, laminating, foundry etc., all realized with manufacturing and transformation processes technologies in which Italy is a leader in the world. The Italian industries of the sector dispose of advanced equipment and technologies, and the excellent quality of their productions of machines and/or parts, are the reason why they export these products all over the world.
