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Region:
Lombardy

Province:
Como

The ECONOMY of the PROVINCE of COMO

People of Como are said to be born entrepreneurs with commerce in their blood.
It is very probable that this is an inheritance from history and from the geographic location of the city, right on the major line of communication between the Po Valley and Central Europe.
The province of Como is one of the 11 districts of Lombardy and one of the most industrialized ones. It has 566.853 inhabitants with a density of 446 inhabitants per sqm. Among them workers are esteemed to be 256.000. The activity rate is of 66.6%.*
The active companies in the area are 50.436: 37% working for the secondary sector of industry, 58% for the tertiary and just 5% for the primary. The development of the tertiary sector is faster then the secondary one.

Loclaity of Veleso in Province of Como A relevant amount of the products from our province are provided to foreign countries.
During the last years almost half of the industrial products of our area has been exported. In the year 2006 exports involved 4.705 millions Euro, showing the high competitiveness of local manufacturers all over the world.
Very successful in local economy is the tertiary sector of industry, employing 29,000 companies. The most important service here is tourism, giving evidence of the great tourist attraction of the Como Lake and area. Tourism is the third economic sector of the province and is mostly developing in the lake towns. The offer here is even lower then the demand (*) At the end of the year 2006 2.983 companies were registered by the Chamber of Commerce in the tourism sector, 2.6% more than 2005.

On our territory there are today 260 hotels with totally 14,600 beds and 247 accommodation facilities of other kind with totally 20.300 beds (**).
During the last years the bed and breakfast sector has largely developed counting nowadays on 83 houses in the province of Como.

Today the younger generations have embraced a concept of modern, intelligent tourism which is rediscovering and restoring the potential of the area, traditions and products that constitute an interesting complement to the more classical tourist offerings.
Looking at the figures that make up the province’s economic scene, one gets the feeling that a sort of entrepreneurial gene has taken root in the area, and that it has borne a great deal of fruit. The first striking figure is the per capita income of 23.000 euro, well ahead of the national average.(*)

The wealth of the province of Como is therefore almost totally created by local workers and businessmen, lots of them work across the border in Switzerland. The state employs a mere 8.5% of the workforce. Despite being so fragmented, industry accounts for 52% of the wealth of the province, compared with 43% in Lombardy and an Italian average of 33%.

The industrial sector with the longest tradition in the area is silk which is centred on the city of Como and reaches out to the East to Solbiate Comasco, to the Southeast as far as Mozzate and South as far as Rovello Porro and Turate. In just a few square kilometres one finds 29% of the entire workforce of the province and 75% of those working textiles and clothing. Brianza is the kingdom of furniture which employs approx. 15,000 local people. The capital of the furniture industry is Cantů, which boasts an antique tradition of high quality carpentry, around which the industry was created in the years after the war. In Cantů alone the are a great many artisan workshops.

Farms, cheeses, bee-keeping, small artisan workshops, biological farming and farm holidays are coming to enjoy a period of growth and support from local communities and from the tourist industry.

The Como area does not limit itself to the classic sectors of production, but has shown an innate capability in selling has led to the invention of new ways to create value, not only through products, but also through culture and traditions.
- (*) Data from the Chamber of Commerce in Como 2006 - (**) These data refer to the year 2009

To lodge in Como Lake

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