(Finance) – The event organized by EQUITA and Gianni & Origoni entitled the “Tech Sector and Capital Market – An important combination to support the development of Italian companies and the country”in collaboration with AssoNext, saw the participation of important representatives from market operators, companies in the sector and institutions, to discuss the role of technological innovation and the capital market in the economic development of the country.
“We are increasingly convinced that capital markets play a key role in the country’s development – he commented Andrea Vismara, CEO of EQUITA – . The interesting testimonies of the participants in today’s round table and the intervention of Undersecretary Freni highlighted the need to promote efficient and dynamic markets with a systemic effort, capable of stimulating economic growth that is sustainable over time. The Capital DDL represents a first step in the right direction. However, much more needs to be done to give the great technology companies that exist in Italy today all the necessary tools to invest, innovate and grow, preventing them from looking abroad to achieve these objectives. It is therefore necessary to overcome the lack of domestic investors and stem the continuous decline in liquidity on the markets, a dynamic which is negatively influencing mid and small caps, and therefore the growth of the country”.
“Despite common perception, 80% of Italian exports concern technological products and not fashion, design or food – declared on the sidelines of the event theadv. Massimo Sterpi (Partner, Gianni & Origoni) – . Furthermore, the Venture Capital market in Italy has shown strong signs of acceleration in recent years and almost half of the extraordinary operations in Italy concern companies whose value is mainly linked to technologies and IP rights. The time has come to understand the enormous value of technological Made in Italy and to exploit and enhance it adequately.”
“Technological innovation is a cornerstone for the development of the capital market. Promoting the digital transition, especially with Pnrr investments, will allow for more growth and more quality growth for the market and for businesses. Together with the regulatory simplification intervention on which the Government is working with the capital bill will make it possible to have more dynamic markets to support the country’s businesses. There is no growth without a market and there is no market without growth”. So the undersecretary of the Ministry of Economy and Finance Federico Freni during his speech at the conference “Tech sector and capital market”, promoted by Gianni & Origoni and Equita in collaboration with Assonext.