Top 10 Biggest companies by revenue in Italy (2023 data)

Italy’s top 10 companies by revenue in 2023 include Enel, ENI, Generali, Poste Italiane, Edison, Intesa Sanpaolo, Hera Group, UniCredit, Prysmian Group, and Telecom Italia. These companies operate in various industries such as energy, insurance, banking, and telecommunications, contributing to Italy’s economic growth. These companies play a significant role in Italy’s business landscape.

1. Enel

Industry: energy

Revenue (2023: Q1; 2022: Q2, Q3, Q4): $155460 Millions

Stock symbol: ENEL.MI

Enel Home Page

Enel is a multinational energy company headquartered in Rome, Italy. It was founded in 1962. Enel operates in more than 30 countries worldwide, including Italy, Spain, Brazil, and the United States. The company’s main activities revolve around the generation, distribution, and sale of electricity and gas. Enel offers a wide range of products and services related to renewable energy, smart grids, and energy efficiency. Some of its notable brands include Enel Green Power, Enel X, and Endesa.

2. ENI

Industry: energy

Revenue (2023: Q1; 2022: Q2, Q3, Q4): $135800 Millions

Stock symbol: E

ENI Home Page

ENI is an Italian multinational oil and gas company headquartered in Rome, Italy. It was founded in 1953. ENI operates in more than 70 countries worldwide, making it a global player in the energy sector. The company’s main activities include exploration, production, refining, and distribution of oil and gas. ENI also engages in the development of renewable energy sources. Some of its notable brands include Agip, Eni Gas e Luce, and Versalis.

3. Generali

Industry: insurance

Revenue (2023: Q1; 2022: Q2, Q3, Q4): $86320 Millions

Stock symbol: G.MI

Generali Home Page

Generali is a multinational insurance company headquartered in Trieste, Italy, founded in 1831. It operates in over 50 countries worldwide, making it one of the largest insurance providers globally. Generali offers a wide range of insurance products and services, including life, health, property, and casualty insurance. Some of its well-known brands include Generali, Europ Assistance, and Generali Investments.

4. Poste Italiane

Industry: postal services

Revenue (2023: Q1; 2022: Q2, Q3, Q4): $33490 Millions

Stock symbol: PST.MI

Poste Italiane Home Page

Poste Italiane is headquartered in Rome, Italy and was founded in 1862. It operates in multiple countries, with a presence in over 40 countries worldwide. The company’s main activities include postal services, financial services, and insurance services. Poste Italiane offers a wide range of products and services, including mail delivery, money transfers, savings accounts, insurance policies, and investment solutions. It is also known for its brands such as PosteMobile and BancoPosta.

5. Edison

Industry: energy

Revenue (2023: Q1; 2022: Q2, Q3, Q4): $29310 Millions

Stock symbol: EDNR.MI

Edison Home Page

Edison is a multinational company with its headquarters in Milan, Italy. It was founded in 1883. The company operates in multiple countries, with a presence in over 20 countries worldwide. Edison is primarily engaged in the production and distribution of electricity and natural gas. They also provide energy services and solutions to both residential and industrial customers. Edison is known for its commitment to sustainable energy and is a prominent player in the renewable energy sector.

6. Intesa Sanpaolo

Industry: financial services

Revenue (2023: Q1; 2022: Q2, Q3, Q4): $22910 Millions

Stock symbol: ISP.MI

Intesa Sanpaolo Home Page

Intesa Sanpaolo is headquartered in the city of Turin, Italy, and was founded in 2007. It operates in multiple countries, with a presence in over 40 countries worldwide. The company’s main activities include banking and financial services, offering a wide range of products and services such as retail and corporate banking, asset management, insurance, and investment banking. Intesa Sanpaolo is known for its strong brand and reputation in the financial industry.

7. Hera Group

Industry: utilities

Revenue (2023: Q1; 2022: Q2, Q3, Q4): $19670 Millions

Stock symbol: HER.MI

Hera Group Home Page

The Hera Group is headquartered in Bologna, Italy, and was founded in 2002. It operates in multiple countries, with a presence in over 400 municipalities across Italy, Slovenia, and Spain. The company’s main activities include the distribution of electricity, gas, water, and waste management services. Hera Group also offers environmental services, renewable energy production, and operates under various brands such as Hera Comm, Hera Luce, and Hera Trading.

8. UniCredit

Industry: banking

Revenue (2023: Q1; 2022: Q2, Q3, Q4): $18060 Millions

Stock symbol: UCG.MI

UniCredit Home Page

UniCredit is headquartered in Milan, Italy, and was founded in 1998. It operates in 14 countries, including Italy, Germany, Austria, and Poland. The company’s main activities include banking, asset management, and insurance services. UniCredit offers a wide range of products and services, such as retail and corporate banking, investment banking, and wealth management. It also has various brands under its umbrella, including UniCredit Bank, HypoVereinsbank, and Bank Pekao.

9. Prysmian Group

Industry: industrial goods

Revenue (2023: Q1; 2022: Q2, Q3, Q4): $16530 Millions

Stock symbol: PRY.MI

Prysmian Group Home Page

Prysmian Group, founded in 1879, is headquartered in Milan, Italy. It operates in over 50 countries worldwide, making it a global leader in the energy and telecom cable systems industry. The company’s main activities include the production and distribution of power cables, optical fibers, and telecom accessories. Prysmian Group also offers a range of services such as installation, maintenance, and project management. Some of its well-known brands include Prysmian, Draka, and General Cable.

10. Telecom Italia

Industry: telecommunications

Revenue (2023: Q1; 2022: Q2, Q3, Q4): $16490 Millions

Stock symbol: TIT.MI

‘Telecom Italia’ Home Page

Telecom Italia, founded in 1994, is headquartered in Rome, Italy. It operates in multiple countries, with a presence in over 20 nations. The company’s main activities revolve around telecommunications services, including fixed and mobile telephony, internet, and digital television. Telecom Italia offers a range of products and services to both residential and business customers. Some of its notable brands include TIM, Alice, and Sparkle.

More: The Italian Economic System: A Comprehensive Overview

The combined revenue of Italy’s top 10 companies amounts to $574B

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