Over 176 businesses are at risk of (closure), 58 of which are in the South. This is revealed by a study released by Cgia Mestre, which elaborates on recent data from the Bank of Italy on the level of business insolvency following the pandemic.
The area most at risk is the South, where there are 57.992 companies, or 32,9% of the total. A figure that worries and alarms the president of Cia Campania Alessandro Mastrocinque regarding agri-food companies, especially in view of the numerous tax deadlines scheduled for September.
In addition to the collection and notification of new tax bills from the Revenue Agency, companies had to pay Irpef, Ires, Irap and VAT. Not to mention the deadline for the payment of the installments of the third scrappage and the balance and cancellation due on July 31, 2020.
In this regard, Mastrocinque calls for direct intervention by the Government first and then by the Region, to mitigate the risk of company closures and to increase the allocation of resources to the Usury Prevention Fund "to avoid handing over entrepreneurs to crime, weakening not only the productive fabric, but also the innovative impetus undertaken on the eve of the pandemic" as Mastrocinque explains.
“Banks must also do their part and support start-ups and small businesses by ensuring access to credit,” he explains. The figure recorded for the South is followed by the Center with 44.854 businesses (25,4 percent of the total), the Northwest with 43.457 (24,6 percent of the total) and finally the Northeast with 30.070 businesses in difficulty (17 percent of the total).
Rome, Milan, Naples and Turin are the territorial realities in greatest difficulty. But it is on Campania that President Mastrocinque focuses his attention, as it occupies 9% of the struggling businesses reported by the Cgia Mestre study. Of the 16.470 businesses, 8.159 are registered in the province of Naples, 3.407 in the province of Salerno, 2.472 in the province of Caserta, 1.632 in the province of Avellino and 800 in the province of Benevento.
“The pandemic has proved disastrous for many companies. Just think of those who did not fall within the group of beneficiaries of state aid due to lack of requirements. Those who suffered double the price drop such as fruit and vegetables and the fourth range. I am thinking of the horticultural sector which with the closures of the first and second pandemic waves recorded unprecedented losses”, underlines the representative of Cia Campania.
Ten million euros to try to restart: this is what is foreseen by theordinance signed by the Extraordinary Commissioner for Reconstruction Giovanni Legnini, intended for businesses on the island of Ischia affected by the flood of November 26, 2022, which caused extensive damage, landslides and loss of turnover for dozens of businesses.
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