Italy, renowned for its rich cultural heritage and history, is also home to a number of globally recognized companies that have made significant strides in their respective industries. From automotive giants to leaders in technology, finance, energy, and luxury goods, the Italian economy boasts a diverse and dynamic business landscape. In 2024, the country's top companies are not only pillars of Italy’s economy but also play crucial roles in shaping global markets and driving innovation.
The companies featured in this list represent the best of Italian business, showcasing a blend of tradition and modernity, with a strong emphasis on sustainability, technology, and excellence. These companies operate across various sectors, including energy, telecommunications, banking, automotive, manufacturing, and luxury goods, each making an indelible mark on their industries. Their ability to innovate, adapt to changing market conditions, and maintain strong customer relationships has helped them remain at the forefront of the global business arena.
In this article, we will explore the Top 20 Companies in Italy by Revenue in 2024, examining their financial performance, strategies, and the unique factors that have contributed to their success. From household names like Ferrari and Pirelli to emerging players in the digital finance sector like Nexi, these companies represent the breadth and diversity of Italy's business achievements on the global stage.
1. ENI S.p.A
A global titan in the energy sector, ENI S.p.A. is one of Italy’s most recognizable multinational companies. Founded in 1953 and headquartered in Rome, ENI (Ente Nazionale Idrocarburi) has grown to become a major player not just in oil and gas, but increasingly in renewable energy. It operates in more than 60 countries and has a workforce of over 30,000 employees.
ENI’s strength lies in its integrated model, covering everything from exploration and production to refining, marketing, and power generation. In recent years, the company has committed to a bold transition strategy focused on decarbonization, investing significantly in biofuels, wind, solar, and carbon capture technologies.
In 2023, ENI continued to diversify its portfolio, strengthening its presence in sustainable energy markets while maintaining robust upstream operations in Africa and the Middle East. Its global partnerships and advanced technological capabilities ensure it remains competitive in a rapidly evolving energy landscape.
The company has also gained recognition for its environmental and governance efforts, consistently ranking in sustainability indices and pushing toward its goal of carbon neutrality by 2050.
Revenue for FY2023 – $95.21 billion
2. Generali Group S.p.A
At the top tier of global insurance providers, Assicurazioni Generali S.p.A—commonly known as Generali Group—continues to stand as a pillar of financial strength and resilience. Headquartered in Trieste, Italy, Generali has maintained its legacy for nearly two centuries, having been founded in 1831. Today, the company serves over 67 million customers across more than 50 countries.
Generali's operations span a wide array of financial services, from life and non-life insurance to asset management and real estate investments. The group is particularly known for its disciplined underwriting, innovative digital platforms, and strong presence in both mature and emerging markets across Europe, Asia, and Latin America.
In recent years, the company has made notable strides in digital transformation and sustainability. Its “Lifetime Partner 24: Driving Growth” strategy emphasizes client-centric innovation, operational efficiency, and ESG integration. Generali has also committed to reducing its carbon footprint and aligning its investments with net-zero goals.
Revenue for FY2024 – $86.32 billion
3. Enel S.p.A
Enel S.p.A is one of the world’s leading utility companies and a major force in the global shift toward clean energy. Headquartered in Rome, Enel operates in over 30 countries and supplies electricity and gas to more than 70 million customers across five continents.
The group is especially well known for its dominant position in renewable energy through Enel Green Power, with large-scale operations in solar, wind, hydro, and geothermal power. Enel’s ongoing goal is to fully decarbonize its energy mix, and it continues to decommission coal plants while expanding its investments in zero-emission sources.
Digitization and innovation are core to Enel’s strategy. The company has rolled out smart grids and advanced metering infrastructure in several countries, and it is heavily investing in electric mobility, energy storage, and grid automation. Its global footprint and future-focused initiatives have made it a model of sustainability and resilience in the energy industry.
Recognized frequently for its ESG performance, Enel remains a staple on international sustainability indices and is considered one of the most forward-thinking energy companies globally.
Revenue for FY2024 – $76.18 billion
4. Intesa Sanpaolo S.p.A
Intesa Sanpaolo is one of Italy’s largest and most influential banking groups, with a leading presence in retail, corporate, and wealth management services. Headquartered in Turin, the bank has built a strong foundation both domestically and across Central and Eastern Europe, North Africa, and the Middle East.
The bank's wide-reaching operations include traditional lending, insurance, asset management, and digital banking solutions. Intesa Sanpaolo is also a major player in supporting small and medium enterprises (SMEs), while maintaining a strong reputation in private banking and sustainable investment.
Revenue for FY2024 – $30.46 billion
5. UniCredit S.p.A
UniCredit is a prominent pan-European commercial bank, offering a comprehensive range of banking and financial services across 13 core markets. With a strong presence in Italy, Germany, Central, and Eastern Europe, UniCredit serves millions of clients through an extensive network of branches and digital platforms.
Under the leadership of CEO Andrea Orcel, UniCredit has been focusing on enhancing profitability and shareholder returns. In 2024, the bank reported stronger-than-expected earnings and aims to maintain steady profits in 2025, despite declining interest rates. The bank plans to return €9 billion to shareholders through buybacks and dividends from 2024 profits.
Revenue for FY2024 – $26.74 billion
6. Poste Italiane S.p.A
Poste Italiane is Italy’s leading provider of postal and financial services, boasting a vast network that spans logistics, insurance, payments, and telecommunications. With its extensive reach, the company plays a pivotal role in the daily lives of Italians, offering services ranging from mail delivery to financial products.
Revenue for FY2024 – $26.40 billion
7. Leonardo S.p.A
Leonardo S.p.A is a global leader in aerospace, defense, and security, with a significant footprint in both civil and military sectors. Headquartered in Rome, the company is a key player in the design and production of advanced technology systems, including aircraft, helicopters, unmanned systems, space technologies, and cybersecurity solutions.
Leonardo operates in over 150 countries, working with governments, international organizations, and private sector clients. The company’s products are integral to national defense and security, as well as space exploration and critical infrastructure protection.
In recent years, Leonardo has increased its focus on innovation, emphasizing digital transformation and the development of cutting-edge technologies in areas such as autonomous systems and AI-driven solutions. Its strong portfolio of high-tech defense and aerospace solutions has propelled it to the forefront of the global security industry.
The company’s financial results in 2024 reflected solid growth, driven by increased demand in the defense and security sectors, alongside ongoing international projects in aerospace and space exploration.
Revenue for FY2024 – $19.07 billion
8. Prysmian Group S.p.A
Prysmian Group is a world leader in the production of cables and systems for energy and telecommunications. Headquartered in Milan, Italy, the company operates in more than 50 countries and serves a wide range of industries, including utilities, telecommunications, transportation, and construction. It is the largest manufacturer of cables globally, offering solutions for energy transmission, distribution, and telecommunications networks.
Prysmian is particularly known for its technological expertise in high-performance cables, and its product offerings are crucial for the development of modern infrastructure, from renewable energy projects to 5G networks. The company has been a key player in global efforts to enhance electrical grids and promote sustainable energy systems, with a focus on energy-efficient and environmentally friendly solutions.
In 2024, Prysmian Group reported strong revenue growth driven by robust demand for power cables, particularly in the renewable energy and offshore wind sectors. The company's ongoing expansion in emerging markets and its commitment to innovation have positioned it well for future growth in the rapidly evolving energy landscape.
Revenue for FY2024 – $18.33 billion
9. A2A S.p.A
A2A S.p.A is one of Italy’s leading energy companies, with a strong focus on sustainability and the energy transition. Headquartered in Milan, A2A operates across multiple sectors, including electricity generation, distribution, gas, and waste management. The company is a key player in the Italian energy market, with operations that extend to environmental services, renewable energy, and smart city solutions.
A2A has made significant strides in reducing its carbon footprint and is actively investing in renewable energy sources, such as wind, solar, and hydroelectric power. The company is committed to achieving carbon neutrality by 2050, with a strong emphasis on circular economy principles and sustainable waste management.
In 2024, A2A reported a solid performance, driven by increased investments in green energy and digital infrastructure. The company’s efforts to enhance its renewable energy portfolio and expand its smart services for cities and communities have positioned it as a forward-thinking leader in Italy’s energy sector.
Revenue for FY2024 – $18.25 billion
10. Unipol Assicurazioni S.p.A
Unipol Assicurazioni is one of Italy’s leading insurance and financial services groups, with a strong presence in both the life and non-life insurance sectors. Based in Bologna, the company is a major player in the Italian insurance market, offering a wide range of products including health, life, and property insurance, as well as banking and asset management services.
The company has focused heavily on expanding its portfolio through strategic acquisitions and partnerships, including its recent consolidation in the health insurance market. Unipol’s ability to integrate digital technologies into its offerings has strengthened its market position and enhanced its customer-centric approach.
In 2024, Unipol Assicurazioni achieved solid financial results, driven by its diversified insurance offerings and resilient customer base. The company's efforts to innovate with digital platforms and streamline its operations have supported strong revenue growth and improved profitability.
Revenue for FY2024 – $17.93 billion
11. Edison S.p.A
Edison S.p.A is one of Italy’s oldest and most well-established energy companies, with a rich history in the production and distribution of electricity and gas. Headquartered in Milan, Edison operates across various segments, including power generation, natural gas, and renewable energy. The company is particularly known for its significant contributions to the development of Italy's energy infrastructure.
In recent years, Edison has focused on its transition towards sustainability, heavily investing in renewable energy sources such as wind, solar, and hydroelectric power. The company aims to become a leader in the green energy sector, aligning its strategies with the global shift toward decarbonization and environmental responsibility.
In 2024, Edison reported steady revenue growth, driven by its increased investments in clean energy, alongside strong performance in its gas distribution and power generation businesses. The company is also expanding its presence in international markets, particularly in the Mediterranean region, as part of its broader growth strategy.
Revenue for FY2024 – $16.56 billion
12. Iveco Group N.V.
Iveco Group is a global leader in the manufacturing of commercial vehicles, including light, medium, and heavy-duty trucks, buses, and special vehicles. Headquartered in Turin, Italy, the company operates in over 160 countries, providing transport solutions to a wide array of industries, from logistics to public transport.
Iveco is known for its commitment to sustainability and innovation, with significant investments in alternative fuel technologies such as electric, hybrid, and natural gas-powered vehicles. The company has focused on reducing its environmental footprint and enhancing the efficiency of its vehicles, supporting its mission to contribute to a greener, more sustainable transport industry.
In 2024, Iveco reported strong performance with steady revenue growth, driven by demand for eco-friendly commercial vehicles and ongoing innovation in autonomous driving technologies. The company continues to explore new business opportunities in emerging markets, solidifying its position as a major player in the global vehicle manufacturing sector.
Revenue for FY2024 – $16.42 billion
13. Telecom Italia S.p.A (TIM)
Telecom Italia, known as TIM, is Italy’s largest telecommunications company and one of the leading providers of broadband, fixed-line, and mobile services in Southern Europe. Based in Rome, TIM operates both in Italy and abroad, with a significant presence in Latin America. The company is at the forefront of digital transformation, providing innovative solutions across a wide range of services, including internet connectivity, data transmission, and mobile communications.
In recent years, TIM has focused on improving its network infrastructure, with heavy investments in fiber-optic networks and 5G technologies. The company is also a key player in the development of smart city solutions and IoT (Internet of Things) services, aiming to improve urban infrastructure and connectivity.
Despite facing intense competition in the telecommunications market, TIM has made significant strides toward profitability and operational efficiency. In 2024, the company’s revenue growth was supported by an increase in demand for mobile data services, as well as expansion in its digital and cloud services portfolio.
Revenue for FY2024 – $15.55 billion
14. Hera Group S.p.A
Hera Group is a prominent Italian multi-utility company, specializing in the provision of integrated services in the fields of energy, water, environmental management, and telecommunications. Headquartered in Bologna, Hera serves millions of customers across Italy, offering solutions for waste management, energy production, gas distribution, and integrated water services.
The company has earned recognition for its focus on sustainability and environmental responsibility, with a particular emphasis on circular economy practices. Hera has invested heavily in renewable energy, waste-to-energy technologies, and energy efficiency programs, contributing to the development of a more sustainable infrastructure across its service areas.
In 2024, Hera Group achieved strong revenue growth, bolstered by solid demand for energy services and waste management solutions. The company’s ability to balance growth with sustainability initiatives has positioned it as a leader in Italy’s utility sector.
Revenue for FY2024 – $13.99 billion
15. Saras S.p.A
Saras S.p.A is one of Italy’s leading integrated energy companies, specializing in refining, petrochemicals, and energy trading. Based in Sarroch, Sardinia, Saras operates one of Europe’s largest and most advanced oil refineries, providing a range of high-quality fuels and petrochemical products for both domestic and international markets.
The company is deeply committed to sustainability, focusing on reducing its environmental footprint through investments in energy efficiency, carbon capture, and the development of alternative fuel technologies. Saras is also exploring opportunities in the renewable energy sector, particularly in the production of biofuels and hydrogen.
In 2024, Saras reported steady revenue growth, driven by a combination of strong demand for refined products and the continued optimization of its refinery operations. The company is also positioning itself for future growth by diversifying into more sustainable and green energy solutions.
Revenue for FY2024 – $12.75 billion
16. Saipem S.p.A
Saipem S.p.A is a global leader in the engineering, procurement, and construction (EPC) sector, specializing in large-scale projects in the energy, infrastructure, and industrial sectors. Based in Milan, Italy, Saipem operates across the oil, gas, and petrochemical industries, providing innovative solutions for complex projects in challenging environments, such as offshore drilling, deepwater exploration, and subsea engineering.
Saipem has expanded its capabilities into renewable energy and energy transition projects, including offshore wind farms, hydrogen production, and carbon capture and storage (CCS) technologies. The company is committed to playing a central role in the transition towards a more sustainable energy future.
In 2024, Saipem saw an improvement in its financial performance, driven by the execution of large energy infrastructure projects and new contracts in renewable energy sectors. The company’s diversified portfolio and strategic focus on sustainability have bolstered its competitive position in the global market.
Revenue for FY2024 – $8.73 billion
17. Fincantieri S.p.A
Fincantieri S.p.A is one of the largest shipbuilding companies in the world, renowned for its expertise in the design and construction of advanced naval vessels, commercial ships, and luxury yachts. Headquartered in Trieste, Italy, Fincantieri operates globally with shipyards and offices in Europe, the Americas, and Asia. The company’s wide-ranging portfolio includes the building of military ships, cruise liners, and ferries, as well as providing repair, maintenance, and conversion services.
Fincantieri has established itself as a leader in the maritime industry through a combination of high-tech innovation, engineering expertise, and a focus on sustainability. The company is committed to reducing the environmental impact of its vessels, with initiatives aimed at improving energy efficiency and minimizing emissions in line with global sustainability goals.
In recent years, Fincantieri has embraced the shift towards greener technologies, incorporating liquefied natural gas (LNG) and other environmentally friendly solutions into its fleet. Additionally, Fincantieri is heavily involved in the development of advanced cruise ships that focus on luxury while meeting stringent environmental standards, positioning the company as a key player in the future of sustainable marine transportation.
In 2024, Fincantieri reported solid financial results, with steady revenue growth driven by an increase in global demand for cruise ships and military vessels. The company’s ability to maintain strong customer relationships, particularly with high-profile clients in the luxury cruise and defense sectors, has positioned it well for future growth.
Revenue for FY2024 – $7.91 billion
18. Pirelli & C. S.p.A
Pirelli & C. S.p.A is a renowned global leader in the tire industry, specializing in the design, production, and marketing of high-performance tires for cars, motorcycles, and bicycles. Headquartered in Milan, Italy, Pirelli has established itself as a key player in the premium and ultra-high-performance tire segment, catering to both the consumer market and motorsport industry, including Formula 1.
With a rich history dating back to 1872, Pirelli is known for its strong focus on technological innovation, sustainability, and the development of high-quality products that deliver superior performance, safety, and efficiency. The company has long been committed to reducing the environmental impact of its operations, with significant investments in sustainable production practices, the use of eco-friendly materials, and the development of energy-efficient tire technologies.
Pirelli has also made strategic advancements in digitalization, leveraging data-driven solutions to enhance the performance of its tires and optimize customer experience through tire monitoring systems. The company has solidified its position as a leader in the tire industry through its continuous commitment to research and development, particularly in the field of sustainable mobility.
In 2024, Pirelli reported solid financial performance, with steady revenue growth driven by the continued demand for high-performance tires in the automotive and motorsport sectors. The company’s ongoing expansion into emerging markets and continued innovation in sustainable tire technologies have reinforced its status as a top-tier global brand.
Revenue for FY2024 – $7.29 billion
19. Ferrari N.V.
Ferrari N.V. stands as an iconic symbol of luxury, performance, and Italian craftsmanship, renowned for its high-performance sports cars and racing heritage. Based in Maranello, Italy, Ferrari designs and manufactures exclusive sports cars and is a major player in the luxury automobile market. Known for its emphasis on innovation, design excellence, and cutting-edge engineering, Ferrari’s vehicles are a symbol of exclusivity and prestige.
The company’s success is underpinned by its commitment to producing limited, high-quality vehicles that cater to affluent customers around the world. Ferrari continues to push the boundaries of automotive technology, integrating hybrid and electric technologies into its vehicles while retaining its strong focus on performance and luxury.
In addition to its consumer car manufacturing, Ferrari is also known for its success in motorsports, particularly Formula 1, where it has maintained a legacy of success and innovation. The company leverages its motorsport expertise to integrate advanced engineering and design features into its consumer models, ensuring that each Ferrari is a high-performance masterpiece.
In 2024, Ferrari achieved strong revenue growth, driven by sustained demand for its high-end vehicles and a focus on innovation in the electric vehicle (EV) sector. The brand’s continued commitment to exclusivity, quality, and performance has positioned it at the forefront of the luxury car market, with a global customer base that values both its heritage and future vision.
Revenue for FY2024 – $7.18 billion
20. Nexi S.p.A
Nexi S.p.A is Italy's leading digital payments company, playing a pivotal role in the evolution of the country's financial sector. Headquartered in Milan, Nexi specializes in offering integrated digital payment solutions for businesses, consumers, and banks. As a key player in the fintech industry, the company provides a wide range of payment services, including point-of-sale (POS) systems, online payment platforms, mobile payments, and digital wallets.
In recent years, Nexi has expanded its presence through strategic acquisitions, including the merger with SIA Group, further consolidating its position as a leader in European digital payments. The company is dedicated to providing secure, fast, and efficient payment solutions while supporting the ongoing shift towards a cashless society.
Nexi's growth has been fueled by the rising adoption of e-commerce, digital banking, and mobile payments, as well as its focus on innovation in secure payment technologies, such as biometric authentication and contactless payment solutions. The company is also heavily invested in blockchain and cryptocurrency-related innovations, positioning itself as a forward-thinking leader in the evolving digital finance landscape.
In 2024, Nexi posted strong revenue growth, driven by the continued digitalization of payments across Italy and Europe. With a robust portfolio of products and services, Nexi is well-positioned to capitalize on the ongoing global shift toward digital and contactless payments.
Revenue for FY2024 – $6.44 billion