between tradition and networking for business
Transcription
between tradition and networking for business
Italy UK PARTNERSHIP ITALIAN CHAMBER OF COMMERCE AND INDUSTRY FOR THE UK BETWEEN TRADITION AND NETWORKING FOR BUSINESS A look at regional associations from the North East of Italy operating in the United Kingdom SPRING 2016 THE FOOD WE EAT An analysis of the recent consumer patterns in the UK food industry ROSSODISERA REVIEW Uncovering the culinary delights of Le Marche in the Covent Garden based restaurant Dear Members I am pleased to be welcoming you back to what promises to be a busy and exciting year for the Chamber. We are seeing more and more Italian start-ups reaching out into the UK market and in view of this we are developing services to assist these green-shoot companies. One initiative is the creation of a dedicated page on our website for start-ups involved in the innovation sector, and I am pleased to say that after much work this will be launched in this period. To find out more please read our article further on in the magazine. Ecobuild will dominate the Spring calendar for our trade fairs department, where we will create an Italian area bringing companies who have an interest in energy and construction to test the buoyant UK market. The 2016 edition of Wineteca – our annual wine tasting event dedicated to the promotion of Italian wines in the UK - is set to be unmissable. This year’s event will be celebrating the 30th anniversary of Gambero Rosso, the leading company in the Italian fine food & beverage industry and one of the main go-to points for enthusiasts all over the world. See the events page for details. I hope that you will enjoy all that the Spring season with the Chamber has to offer and I look forward to seeing you soon. 14Scottish Year 18Ask the Chamber Helen Girgenti Secretary General Contents 8Between tradition and networking for business The role of Italian regional associations in the UK 10The food we eat UK consumer expenditure, trends and concerns about food in the post-crisis recovery 12The argument for less energy-intensive buildings Alternative methods to burning fossil fuels for energy in the home 13International Festival for Business 2016, Liverpool Italian delegation at the festival’s second edition of Architecture, Innovation and Design An interview with Marie Christie, Head of Development, VisitScotland Events Directorate 15The connection between Scottish cashmere and Italian managers Focussing on 3 knitwear brands with both Scottish and Italian heritage 16Discovering Le Marche A review of Covent Garden restaurant, Rossodisera We answer some of your most frequently asked questions 19Italian Innovation in the UK An update on Italian start-ups in the UK tech sector and the new page to be launched on the Chamber’s website 20Bridging the gender gap in the hospitality industry? Changes in gender distribution within the UK tourism sector 21Exploring an ancient, golden natural resource The legacy and benefits of honey Chamber The President’s Perception P romoting international economic cooperation is a theme of increasing importance for countries whose economic growth and job production is being strongly affected by competition from countries that have grown out of less developed conditions. Italy, after years of success, is growing slowly, as are its endeavours in fostering international cooperation, the percentage of which is lower with respect to other industrialised countries. At a time when public resources remain scarce in the hope of eliminating duplications and wastage, state resources attributable to tax income have been concentrated mainly on public entities that deal with national promotion abroad (ICE and diplomatic bodies) which focus for the most part on the big manufacturing companies. Although less evident, there is another aspect of Italy’s economic relations with other countries that operates on a regional level, activating personal contacts across specific territories. It is here that the Italian Chambers of Commerce Abroad have an important function, as they are linked to a body of members composed of large companies as well as smaller ones, allowing for a widespread geographical presence. It is for this reason that the Italian Chamber for the UK is persistent in its efforts to maintain a presence in Scotland (branches in Edinburgh and Glasgow) and in the North West of England (branches in Manchester, Birmingham and Liverpool). At the same time, it is equally important for the Chamber to establish and cultivate a direct connection with Italian territories. Indeed, already in 2016 a successful mission to Trentino Alto Adige was organised (with visits to Bolzano, Trento and Rovereto), with similar initiatives currently in preparation (a summit in Florence in collaboration with the British Chamber for Italy in March, as well as in Milan in June and Turin in September). The aim of these events is the quest for excellence and effectiveness combining tradition and innovation through international cooperation, producing solid examples of success that serve as aid to new initiatives promoted by small businesses. It is important for the Chamber to continue to coordinate the promotional effort with the public entities. The Italian Chamber of Commerce and Industry for the UK The Italian Chamber of Commerce and Industry for the UK is an independent, non-profit making network organisation, and has been dedicated to its members since 1886. Today, the Chamber has around 400 members. Representing not only Italian companies, but also British and European, interested in strengthening their ties with Italy or expanding to a new market. The Italian Chamber hosts many events for its members and the Italian community here in the UK. Helen Girgenti Verena Caris Luisa Rizza Antonio Saponaro Eleonora Vanello Lucrezia Chiapparino Laura Carrer Caterina Cotugno Amy Lees Ylenia Marasco Secretary General Deputy Secretary General For more information about the Chamber and membership, please see: www.italchamind.eu or contact the Secretariat by phone on 0044 (0) 207 495 8191, or by email to: [email protected]. Join our online networks today on Facebook, and follow us on: Twitter.com/italianchamUK. Cover photo courtesy of Robert Bauer (Own work, also on www.robert-bauer.eu) [CC BY-SA 3.0 (http://creativecommons. org/licenses/by-sa/3.0)], from Wikimedia Commons Project Coordinator, Trade Fairs Scottish Branch Manager Project Coordinator Trade Fairs Manchester Branch Manager Federico Dellafiore Project Coordinator Trade Fairs Members Relations & Events Officer Design by WordLink www.wordlink.co.uk JOIN THE ICCIUK To request a membership application form and company brochure please visit www.italchamind.eu Innovation, Investment & Communications Manager Project Coordinator, Commercial Department Junior Project Manager, Master in Hospitality and Hotel Management 3 PARTNERSHIP New Patron Membership Introducing The New Patron Membership W e are pleased to announce that we have introduced a new level of membership. Patron membership is now the highest and most exclusive level offered by our Chamber. It is the ideal choice for blue chip, well-established companies or for those medium sized companies who want to considerably strengthen their presence in the UK market. Patron membership provides the widest range of benefits and services from our Chamber and it is the best way to maximize your company’s visibility. The main benefits include: • P atron members can benefit from extensive brand exposure through our media, networking events and conferences. • P atron membership gives access to Benefactor & Patron-only events – ideal for forging high-level business relationships. • P atron members have the opportunity to stay connected to a network of influential and dynamic international companies of all sizes and sectors. • P ossibility of joining the Chamber’s Board and actively being engaged in the decision-making process. • Possibility of enjoying the highest discounts on all our services and sponsorship opportunities. • Patron members benefit from priority access to all our networking events and can nominate up to 10 company representatives. To apply for Patron Membership, please contact Laura Carrer, Members Relations & Events Officer at: [email protected] or call +44 (0) 20 7495 8191. Our Patrons FIAT CHRYSLER AUTOMOBILES CNH INDUSTRIAL GRANGE HOTELS Fiat Chrysler Automobiles N.V. (FCA), the seventh-largest automaker in the world, designs, engineers, manufactures and sells passenger cars, light commercial vehicles, components and production systems worldwide. The Group’s automotive brands are: Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia, Ram, SRT, Ferrari and Maserati, in addition to Mopar, the parts and service brand. The Group’s businesses also include Comau (production systems), Magneti Marelli (components) and Teksid (iron and castings). FCA is listed on the New York Stock Exchange (“FCAU”) and the Mercato Telematico Azionario in Milan (“FCA”). More information can be found on the corporate website: www.fcagroup.com CNH Industrial N.V. – formerly Fiat Industrial – (NYSE: CNHI /MI: CNHI) is a global leader in the capital goods sector with established industrial experience, a wide range of products and a worldwide presence. Each of the individual brands belonging to the Company is a major international force in its specific industrial sector: Case IH, New Holland Agriculture and Steyr for tractors and agricultural machinery; Case and New Holland Construction for earth moving equipment; Iveco for commercial vehicles; Iveco Bus and Heuliez Bus for buses and coaches; Iveco Astra for quarry and construction vehicles; Magirus for firefighting vehicles; Iveco Defence Vehicles for defence and civil protection; and FPT Industrial for engines and transmissions. More information can be found at: www.cnhindustrial.com As London’s leading independent hotels, Grange Hotels prides itself on providing exquisite accommodation, hospitality and events services, with luxury 4 and 5-Star properties ideally located across the heart of the capital. Offering 2,000+ beautifully styled guest bedrooms and suites, an array of bars and restaurants, state-of-the-art health clubs and spas, and capacity for more than 6,000 delegates across 100+ dedicated meeting and events spaces, Grange Hotels manages to effortlessly combine traditional comfort with modern facilities and their own hallmark attention to detail. More Information can be found at: www.grangehotels.com 4 PARTNERSHIP Season events MARCH 2016 3 Tre Bicchieri Tour 2016 In collaboration with Gambero Rosso®, the ICCIUK is organising an exclusive wine tasting event, in order to celebrate the 30th birthday of the leading company in the Italian fine food & beverage industry. Gambero Rosso® will for the first time be bringing their Tre Bicchieri Tour to London. This is a trip showcasing 60 of the most distinguished cellars in Italian wine production. During the day UK-based trade and press will be able to meet the finest Italian producers, as well as enjoying two exclusive master classes. In the evening the event will also open its doors to ICCIUK members and a group of selected wine lovers, so that attendees can celebrate Gambero Rosso’s 30 years in style! For more information and updates, please contact: [email protected] or visit: www.winetecalondon.co.uk Time: 12.30pm – 7.30pm Venue: Church House Conference Centre, Dean’s Yard, Westminster, London SW1P 3NZ 8-10 Ecobuild 2016 Ecobuild UK is the world’s biggest event for sustainable construction, renewable energy and energy efficiency. The fair will take place at ExCel Exhibition Centre in London from 8th – 10th March 2016. Ecobuild brings together professionals from across different sectors in order to learn, share, experience and discover the future of sustainable building and renewable energy. The event, consistently attended by over 40,000 visitors, is an important showcase for exhibitors as it offers excellent visibility, the opportunity to present a wide range of sustainable products and innovative materials to a qualified audience, as well as an educational programme with dozens of interactive attractions and free seminars, held by highly regarded speakers. Thanks to its reputation and growth over recent years, Ecobuild has become an ideal meeting ground for local authorities, architects, business professionals, companies and contractors coming from all over the world. For more information on Ecobuild 2016, please contact the Italian Chamber of Commerce. Time: Ongoing Venue: ExCel Exhibition Centre, London 25, 26 and 28 Horsham Piazza Italia X Horsham Piazza Italia is the South’s largest free event over Easter. Returning for its tenth year, the all-encompassing Italian festival will have its returning favourites such as 100s of supercars, traditional Italian markets, live music and themed entertainment. The event offers a wide range of opportunities for businesses to promote themselves to an Italian focused audience. We are pleased to be associated with Horsham Piazza Italia and have arranged for members of the Italian Chamber who are interested in participating preferential exhibiting rates. For further information please contact: [email protected] or [email protected] quoting “Italian Chamber”. Time: Ongoing Venue: Horsham APRIL 2016 The New Payroll and Pensions Rules – TBC How They Apply to Small Companies The Italian Chamber of Commerce in collaboration with AccountsCo is pleased to invite you to this seminar. Between now and February 2018 all UK employers, no matter their size, need to enrol their staff onto a pension scheme. During the evening, AccountsCo will briefly explain how the new system will work and what you should do to make sure that you are compliant with the rules and regulations. The seminar is the ideal occasion to have a discussion with experts in the sector who will provide useful information and support. For further information and registration, please contact Laura Carrer: [email protected] or call +44 (0)20 7495 8191 Time: TBC Venue: TBC 5 PARTNERSHIP The UK’s first cross-sector event bringing together academia, healthcare, government, the physical activity sector and performance experts to focus on an increasingly important and complex societal challenge: turning the tide on inactivity. Taking place at Olympia London on 4th and 5th May 2016, Elevate will explore the ways in which exercise, health and performance connect. The Italian Chamber of Commerce and Industry for the UK is promoting the participation of Italian Companies at this unique event. For more information please contact: Luisa Rizza ([email protected]) CLEVER CAPITAL TO SUPPORT INTERNATIONAL DEVELOPMENT Growing at an international level is a demanding activity. However, it is something that cannot be avoided. Several skills and competences are required: a good business plan to grab the interest of investors and sponsors, knowledge of specific country regulations, not to mention cultural issues representing for the most part invisible yet dramatic barriers to entry. Furthermore, Italian SMEs are continuing their struggle to gain the funds to support their growth projects. The banking system still remains by far the principal source of capital. Basilea 3 have imposed strict regulations on banks’ lending procedures and the situation will become even more complicated in the near future. It’s easy to understand how companies will need to rethink their funding through alternative financial instruments. “Entrepreneurs’ dedication to face global challenges hasn’t changed, but the tasks to solve these are always more complicated”, states Fabio Fabbri of Orienta Partners, an advisory firm headquartered in Milan and Forlì. Orienta Partners decided to support companies in their growth projects, both in Italy and abroad. “Currently we are mainly working with Italian companies which are interested in growing at a global level.” With a hands-on approach, Orienta Partners designs together with the entrepreneur a suitable growth strategy and a plan to catch investors’ interest. Moreover, from the beginning of 2015 Orienta opened its investment division in order to support companies directly. “Recently we have been more dedicated to growth projects, and the idea to create a PE investment fund to invest in the most interesting ones was a direct consequence of our philosophy to increase the value in these companies,” the founder explains. The fund is targeting Italian and EU SMEs normally out of the radar of the classic PE frame, whose unexpressed value can be unlocked thanks to the expertise and strategic vision of Orienta’s team. Article Tax Incentives 2016 Words by Alessandro Belluzzo – TEP, Belluzzo&Partners LLP E mployees who return to Italy after working abroad can benefit from special income tax regimes designed to incentivise the return of talent to the Republic. Employees who returned to take up full time employment before the 31 December 2015 can claim an exemption of 70% (for men) or 80% (for women) for FYs 2015 to 2017 under a 2010 law. Employees returning after that date get an exemption for 30% of taxable income under Italy’s Finance Law for 2015. This benefit is available from the tax year on arrival and the four successive tax years. The terms of each of the benefits are somewhat different. Under the 2010 regime the tax exemption is open to citizens of the European Union who: a) hold a university degree; b) have been resident continuously for at least 24 months in Italy at some time in the past; c) in the two years preceding their return to Italy have resided outside their country of origin and outside of Italy, in continuous gainful employment; d) have transferred their residence and domicile to Italy within three months after accepting a new job in Italy. e) The position in Italy must be with an Italian resident employer and represent a “new” employment (i.e. not an assignment from the same employer abroad). The 2016 regime is available to citizens of the European Union who: a) have a leadership role or are highly qualified/specialised; b) have been resident outside Italy for the five tax years preceding the return and commit to remain in Italy for at least two years; c) perform their services for a company resident (or permanent establishment of a foreign company) in Italy; d) render their service mainly in Italy. If you would like more details about the tax incentives, please get in touch with Belluzzo & Partners. 7 PARTNERSHIP Article Between tradition and networking for business: the role of North-Eastern Italian emigrant associations in the United Kingdom A lthough Italy was born as a united state in 1861, many Italians have a complicated relationship with their country and still consider their regional identity as very important. In the twentieth century Italian immigrants in the United Kingdom developed small groups of friends in order to ease the discomfort of living in a foreign country. Soon, various associations were born and structured, helping new immigrants to settle as well. These associations were important for Italian emigrants, in order to keep a cultural connection with their home country and continue the traditions of their villages. In addition, they could use their native language, cook traditional food and even play sport together. New technologies and low-cost airlines have changed the life of Italian emigrants, but emigrant associations still survive nowadays. Paradoxically, social media and websites became a new means to strengthen the connections between the old and new immigrants from the same region. Today Italian emigrant associations in the UK are not only aimed at preserving cultural heritage but they support networking and business among their members. The Italian Chamber of Commerce for the United Kingdom contacted four associations from the North-East of Italy and the Associazione Nazionale Alpini, in order to understand the impact that associations nowadays have for new immigrants and the promotion of typical products. The Circolo Veneto is an association that groups all the immigrants from the Veneto region in Great Britain. They celebrate some Italian festivities during the year and also organise trips within the United Kingdom. The initial purpose of these trips was to help immigrants discover areas of Great Britain and its culture, since 8 PARTNERSHIP many of them never ventured outside London. The President Alessandra Tondelli considers herself part of a “middle” generation: “While the old generation focused on meetings in order to socialise and keep cultural traditions, the younger generation has totally different ways of communicating and second and third generations, although they consider themselves part Italian, are integrated in British society.” “What people have forgotten,” Mrs Tondelli told us, “is the fundamental economic role that emigrants had. For example, in Veneto, until the early ‘70’s the main part of the region’s GDP was from remittances repatriated by emigrants. Furthermore, delicatessens and restaurants opened by and for Italian immigrants introduced Italian foods and products to the British public. This has proved so successful that many Italian foods, especially pasta and pizza, are now staples of the British diet, to the extent that British supermarket chains now think they invented Panettone. Immigrants’ demand for Italian goods had a similar effect in introducing Italian cars, clothes and other products to the UK market.” For more info: Write to 5 Southen Street, London N1 9AY The Fogolar Furlan (Furlan home) of London is part of the Associazione Friuli nel Mondo, which promotes Friuli, its community and its language around the world. While a Fogolar Furlan existed in London in the twentieth century, the present association was re-born in 2014. Its President Michele Gomboso told us that the role of the association has changed over the years due to the possibility of finding cheap direct flights to and from Italy. “Nowadays the distance is no longer a problem, but we need new ways to group and create new goals,” underlines the President. “Today, young immigrants from Friuli speak English and prefer to interact with British people of their age.” In January the Fogolar Furlan promoted a party to celebrate the beginning of 2016, with typical food and beverages. The association focuses on cultural events, but also promotes commerce, trying to coordinate the wine producers of Friuli in London. Meetings between young immigrants are considered fundamental, not only in order to keep the cultural identity but also to exchange information and contacts. For more info: E-mail: [email protected] Facebook: www.facebook.com/ fogolarfurlanlondra The Giuliani nel Mondo UK was born recently in April 2015, being part of an organisation spread all over the world, the Associazione Giuliani nel Mondo, whose aim is to keep the traditions of the areas of Trieste, Gorizia, Venezia Giulia, Istria and Dalmazia. The President Bruno Cernacca, CEO of Vini Italiani, stresses the fact that “FriuliVenezia Giulia’s emigrant associations all over the world must catch up with the digital era. That’s how they can reach out to young people in order to guarantee a legacy.” On February 10th 2016, the Giuliani of London honoured the National Memorial Day of the Exiles and Foibe, or Giorno del ricordo in Italian, the celebration in memory of the victims of the Foibe and the Istrian-Dalmatian exodus. In addition, during the second half of the year they are planning a 24-hour exhibition of pictures representing the various aspects of the life of the immigrant in London and even an event about the Beatles. The meetings between young Italian professionals were already successful for some members in creating business collaborations or even improving them, for instance between a designer of wine accessories from Trieste, and the wine company Vini Italiani. “As the British say,” told us Mr. Cernacca, “networking is everything.” For more info: E-mail: [email protected] Facebook: www.facebook.com/ TriestinsInUk or www.facebook.com/Giuliani-nel-MondoUK-1391196101208265 The Ente Friulano Assistenza Culturale Sociale Emigranti of London (EFASCE, the Friulan Entity for Social and Cultural Assistance to Emigrants) is part of an international organisation based in Pordenone. The association in 2012 established an online secretariat for Great Britain in order to connect all the Italian immigrants from the areas of Pordenone, Maniago, Sacile, San Vito al Tagliamento and Spilimbergo. The secretariat of the UK division has a board of three members, Mr. Luigi Bernardis, Mr. Enrico Cristante and Ms. Silvia Casagrande. Mr. Bernardis told us that the decision to use the web was made in order to make it easier to coordinate the events and that the use of Social Media was fundamental in order to create a network of immigrants in the UK. In 2014 the EFASCE of London promoted successful movie screenings, with the collaboration of other cultural organisations and a company promoting typical food and products from Friuli Venezia Giulia. The EFASCE also recommends the company TIJ’s events, which supports Italian music bringing Italian groups and artists to London. “The target for 2016,” Mr Bernardis told us, “is to increase the collaboration between EFASCE, Fogolar Furlan and Giuliani nel Mondo in order to create a dialogue between the members of all the organisations. In November 2015 all the emigrant associations from Friuli Venezia Giulia officially met in Italy and the President of the Region Debora Serrachiani pushed for more cohesion and collaboration among the different associations.” President Bernardis concluded, “Only by grouping together we will be able to strengthen ties among Italian immigrants.” For more info: Website: http://www.efasce.it/index.php/ efasce/segretariati/gran-bretagna/87segretariato-efasce-di-londra Facebook: Efasce e-segretrariato UK group The Associazione Nazionale Alpini also has its own branch in Great Britain, which was founded in London in 1928. It is composed of people who belong or had belonged to the Italian mountain troops (called the “Alpini”, from the Alps mountain range). The aims of the association are the conservation and promotion of the traditions of the Alpini. The President Bruno Roncarati described how the association changed in the different historical periods: “The Alpini association in Great Britain was the first one founded outside Italy, and in 1929 and 1930 the Italian Ambassador Dino Grandi, later Italian Foreign Minister, was eager to promote this. We still have some copies of the original menus of the great gala dinners held in the ‘30s. During those years Fascism supported Italian associations abroad, but when World War II broke out many Alpini were imprisoned or sent to Canada and Australia. In 1940 60 to 70 Alpini died when the ship Arandora Star was sunk by a U-boat, on which there were more than 800 German, Italian and Austrian prisoners.” Every year in November the Alpini honour the Italian prisoners who died during World War II at Brookwood cemetery, together with all the Italian associations in the United Kingdom. “After the war, the association was reestablished in 1967, with 300-350 members, some of them veterans of World War I,” continued Mr. Roncarati. “There was a great respect in the Italian community in the UK for Alpini. Many of them were from humble origins and managed to develop their businesses here and they helped in keeping the Italian traditions. Nowadays there are only 40 of us, since many of them died or returned to Italy. In January we organized the “Veglia Verde”, an evening with typical food in order to raise funds for charity. We also participate in the national Alpini meeting, Adunata, which is going to be held in Asti in 2016.” For more info: Website: http://www.morsanodistrada.it/ alpini_londra/ In conclusion, Italian emigrant associations are a precious opportunity for commerce between Italy and the United Kingdom. First, they promote typical Italian regional products in Great Britain and encourage tourism. The specific characteristics of every Italian region create a fascinating mosaic, made of different cultures and traditions, which are appealing to English people. Secondly, meetings create a unique environment where people can meet face to face and create business networks. Events are a precious source of information not only for new immigrants eager to discover London but also for businessmen interested in being up-to-date. This does not mean that emigrant associations do not have some critical issues. On the one hand, in many cases there is a deep separation between the first generation of emigrants and the last one. More effort has to be made in order to bridge the gap between these two worlds, in order to exploit the energy of the young men and women together with the experience of the elder ones. On the other hand, many Italian associations seem to limit themselves to food & drink events, without a deeper socio-cultural or business meaning. Typical product promotions are always interesting and social outings are fundamental in order to promote networking, but they do not create a group by themselves. Young immigrants have to produce new targets, new goals in order to re-invent emigrant associations and create a strong structure. Finally, a deeper collaboration between all the associations would generate a new positive phase. An improved dialogue and exchange of information, together with new technologies, would definitely support Italian emigrants. This does not mean that emigrant associations have to merge, but it is about time we realise that only through understanding our differences can we appreciate the beauty of working together towards a common goal. 9 PARTNERSHIP Article The food we eat UK consumer expenditure, trends and concerns about food in the post-crisis recovery A s many other ordinary activities, in modern times eating has evolved into a complex and sometimes puzzling task. Arrays of objective and subjective factors influence our choices and define which products we like, buy and worry about, often making the trip to the supermarket a troublesome experience. Special offers, healthy options, catchy packaging and personal taste represent in fact only the top of an iceberg that drifts in an ocean of economic tides called growth, inflation and credit – all summing up in our shopping basket. CONSUMER EXPENDITURE According to DEFRA, in 2014 total consumer expenditure on food, drink and catering continued to rise. However, expenditure 10 PARTNERSHIP Table 1 Source: Food Statistics Pocketbook 2015, DEFRA on food and non-alcoholic drinks fell for the first time in ten years (together with food prices) while spending on alcoholic drinks and catering increased. The share of consumer spending on food is expected to continue to decline steadily, reflecting partially relative price effects as discounters continue to represent a strong competitive constraint on traditional supermarkets and gain market share. In contrast, the leisure categories (incl. recreation and restaurants) are growing at an above average rate as the economic recovery continues and people have more money left over after paying for essentials. (see Table 1) CONSUMER PRODUCT CHOICE It may not come as a surprise, but price is increasingly important in driving product choice. According to a recent survey by IGD ShopperVista, 36% of shoppers named it as the most important factor and 90% listed it within their top five influences. Quality was rated as the highest influence by 18% of respondents, followed by taste or smell (13%) and healthy option (10%). Ethically produced products were considered a less important factor, despite sales in “ethical” food and drink (incl. organic, fair-trade, free range and freedom foods) increasing by an astonishing 127% since 2007. (See Table 2) Table 2 Source: IGD ShopperVista2014 Table 3 Source: IGD ShopperVista2014 The main point of concern to people is the amount of sugar in food, with 51% worried in May 2015 (an increase from 28% in May 2014). Concerns about the amount of salt and fat in food follow soon after, all of them reflecting the increasing obesity rate among the UK population and the consequent national strategy to tackle it (e.g. 5 A DAY campaign, food traffic light label, sugar tax debate etc). As far as the other food issues are concerned, the recent fall of food prices and the flourishing of the main discounters have positively affected consumers’ expectations on price, while food waste represents an increasing concern. According to DEFRA, 4.2 million tonnes of avoidable food waste was disposed of in 2012 by UK households, equivalent to 12% in weight of that brought into the home. 48% was not used in time, 32% was due to too much being cooked or served and 14% down to personal preference. Animal welfare, pesticides and GM in foods represent additional rising apprehensions, reflected also by the notable trend of “ethical” food sales. (See Table 3) WHICH OPPORTUNITIES FOR THE ITALIAN COMPANIES? Italian food and beverage producers can ride the wave of several opportunities in the UK market: the notable passion of British consumers for Italian food is currently fostered by the numerous TV cooking programmes that rotate around Italy and the benefits of the Mediterranean diet. Nevertheless, it is important to tackle the market with preparation and seriousness, planning each step in conjunction with the partners and never forgetting the consumers’ needs. When approaching the UK market, Italian producers should adapt the product to the market needs while maintaining its uniqueness, i.e. mix tradition and innovation. Flexibility is also needed when adapting the product to distributors’ requirements, for example designing a more appealing packaging or accepting private label requests. Finding the right business partner is also fundamental; considering the high quality and limited production that usually accompany Italian food products, Italian producers should aim for distributors that supply high-income households as well as consumers of “ethical” and healthy food. It is also recommendable to start the collaboration with a small order; the industry has in fact reduced warehouse stock levels (in order to further reduce costs) and increased order frequencies. A small order also reduces the risk of hitches, making it easier for the Italian supplier to deliver an impeccable service. Last but not least, Italian food producers should bear in mind that the collaboration with their UK partner does not end when the products reach the English shores. It is important to develop the relationship with the distributor by defining a series of joint communication activities, such as the organisation of tastings, the participation in trade fairs as well as the definition of on- and off-line marketing campaigns. 11 PARTNERSHIP Article Why we need less energyintensive buildings and how to achieve this Future generations will be compelled to deal with two serious challenges: limited availability of fossil fuels, and climate change and its consequent environmental calamities. I t is well acknowledged that continuing to burn fossil fuels to simply produce energy is not sustainable. Fossil fuels are a finite resource. We not only use them to heat our buildings, to feed our cars and to produce electricity but also to make many creative materials like plastic, thanks to the petrochemical industry. It would be wiser therefore to save them rather than just burning them. Their indiscriminate use is generating a huge extra-generational imbalance; future generations will not have the same resources that the current generations have in order to prosper. Second, relying so heavily on fossil fuels makes our economy vulnerable to the looming problems regarding the security of supplies and affordability. Third, the burning of fossil fuels produces heat-trapping gases (CO2, N2O, CH4, SF6 etc ) responsible for the greenhouse effect, and consequently the ongoing rise in global atmospheric temperatures. Therefore, it is fair to assume that climate change is essentially an energy problem. If our economy were more energy efficient on the one hand and less reliant on fossil fuels for energy on the other, the climate change issue would not have arisen. In the EU, homes, commercial and public buildings are responsible for 40% of energy consumption and 36% of CO2 emissions. While new buildings generally need less than three to five litres of oil per square metre per year for heating, older buildings consume about 25 litres on average. About 35% of the EU’s buildings are over 50 years old and some of them require up to 60 litres of oil for heating. In the UK, direct carbon emissions from space heating account for 17%, whilst indirect emissions, mainly due to the electrical demand from lighting, account for an additional 16%. A shift in approach to building design and construction is necessary to achieve a major decrease in heating energy consumption. By improving the energy efficiency of buildings, Europe aims to increase reductions of greenhouse gas emissions in the residential and service sectors from 88% to 91% by 2050 compared to 1990. Many technologies and techniques are already affordable and easily accessible on the market. Here is a list of the most prevalent: Thermal insulation of buildings Insulation of building masonry is necessary to significantly reduce heat transfer through the walls, roof and floor. 12 PARTNERSHIP The concept of thermal insulation includes the elimination of all thermal bridges such as those frequently formed by concrete floors, edge beams and curtain wall frames. Window technology Insulated glazing consists of double or triple paned glass windows separated by a vacuum or gas filled space to reduce the heat transfer across the transparent surface. HVAC (heating, ventilating, and air conditioning) systems with heat pumps A heat pump is a device able to move heat in the opposite direction to its natural flow by absorbing heat from a cold space and releasing it into a warmer one. It is the main component of HVAC (heating, ventilating, and air conditioning) systems used for space heating or space cooling. Heat pumps are becoming very common because they require less high-grade energy (electricity) in order to operate than is present in the released heat. This means that most of the energy for heating comes from the external environment, and only a fraction comes from electricity. Transferred heat can be three or four times greater than the heat produced by a conventional electrical resistance heater. Ground source heat pump A ground source heat pump (GSHP) uses the earth as a heat source (in the winter) or a heat sink (in the summer). Depending on latitude, the temperature beneath the upper 6 metres (20 ft) of the Earth’s surface maintains a nearly constant temperature between 10 and 16°C thanks to solar radiation. Like a cave, the shallow ground temperature is warmer than the air above during the winter and cooler than the air in the summer. These moderate temperatures in the ground boost efficiency and reduce the operational costs of heating and cooling systems. Geothermal pump systems are characterized by high coefficients of performance, 3 to 6, on the coldest of winter nights, compared to 1.75-2.5 for airsource heat pumps on cool days. The latest cutting-edge technology will be presented and discussed at Ecobuild UK in March. The Italian Chamber of Commerce is delighted to work on this important event again, allowing Italian exhibitors to showcase their innovative products and processes. For more information on the event, please contact Antonio Saponaro at: [email protected] Article Italian delegation at the second edition of the International Festival for Business 2016, Liverpool “Britain is open for business, so for anyone involved in enterprise the International Festival for Business is the place to be. Make sure you are there to make the most of it”. The Rt Hon David Cameron, Prime Minister. L ocated in the new Exhibition Centre, Liverpool, the International Festival for Business is the world’s biggest business festival that provides a global marketplace to exchange ideas about opportunities for businesses, innovation and industries as well as for creating connections between the world’s most influential business leaders, entrepreneurs, free-thinkers and investors. The IFB2014 edition saw more than 190 delegations from over 92 countries, 400 events in over 50 days, 3,350 companies secured deals, £300m worth of deals were struck and 15,000 IFB Business Club members took part. According to Ste Lingard and Dr. Katherine Davies’ IFB 2014 Report*: • 3,000 companies have secured or expect domestic sales • 1,400 companies have secured or expect export sales totalling an estimated £100m over three years • More than 350 companies experts to sign investment deals worth an estimated total of £200m over three years • An estimated 10,000 new jobs could be generated over the next three years • 10% of participants are now actively exploring exporting for the first time • 11% of participants are now looking to expand into new markets • 81% of delegates and 77% of sponsors are keen to take part in IFB2016 or other similar vision events based in Liverpool in the future • 30% of participants will use UKTI services in future • 59% of delegates say that their market profile will benefit • More than one in three participants have been helped to improve their strategy or skills • Delegates spent more than £15m in the UK economy, creating 200 jobs and supporting many more From Monday 13th June 2016 to Friday 1st July 2016, the IFB2016 will offer more than 70 top conferences, events, workshops and key-note speeches led by globally-renowned experts offering inside analysis, context and connection. Each week will be dedicated to a specific theme: • Monday 13th - Sunday 19th June 2016 = Manufacturing • Monday 20th - Sunday 26th June 2016 = Energy & Environment • Sunday 26th June – Friday 1st July 2016 = Creative & Digital Science & Innovation, Professional Services, Infrastructure & Logistics, International Skills sectors will also be covered during the three weeks of the Festival. By registering at the IFB 2016 Business Club, members will automatically be enrolled in the stateof-the-art digital matching service and will be paired with a potential customer, investor or supplier, based on their unique requirements and their business strategy. Members will also be given an exclusive opportunity to meet with leading industry experts and receive and access advice that is tailored to their business needs including legal and financial aspects of commerce, patent searches, intellectual property rights and guidance for all sorts of issues that help them to understand how to accelerate their business growth or optimise operations. For more information about the IFB2016 and the schedule of events, please visit www.ifb2016.com For the IFB 2016 edition the Italian Chamber of Commerce and Industry for the UK has confirmed its presence, organising an Italian delegation with the aim of facilitating the increase in bilateral trade between the two countries and supporting them to optimise their time at the festival. If you work in the manufacturing, energy and environment or creative and digital sectors and would like to be part of the Italian delegation at the IFB 2016, please contact Lucrezia Chiapparino at: [email protected] *Ste Lingard and Katherine Davies, “The International Festival for Business 2014 Interim Evaluation Report” (Liverpool: Liverpool Vision, December 2014). Available here: http://www.liverpoolvision.co.uk/ wp-content/uploads/2014/03/ IFB-2014-Interim-EvaluationReport.pdf 13 PARTNERSHIP Interview Scotland 2016: The Year of Architecture, Innovation and Design An interview with Marie Christie, Head of Development, VisitScotland Events Directorate 1. What are the aims of Scotland’s “Year of Innovation, Architecture and Design”? The 2016 Year of Innovation, Architecture and Design, running until 31 December 2016 will celebrate the richness of Scotland’s beautiful built heritage, culture and environment, alongside the contemporary and cutting edge designs of today. There will be lots to celebrate - from textiles and technology, to architecture, fashion and design. One of the main aims will be to shine a spotlight on Scotland’s greatest assets and icons, as well as some of our unique hidden gems. The year will also be built around five main objectives: participation; collaboration; promotion; celebration and business engagement. For me, the theme gives us an opportunity to welcome visitors who may be attracted to our heritage, castles and traditions, but we’re also aiming to leave them inspired by the modern and contemporary through our craftmakers, our modern accommodation offerings and our old skylines merging with new skylines. 2. What do you think Scotland has to offer for Innovation, Architecture and Design? Scotland is world-renowned for its rich built and natural heritage – it has buildings that make people look up, streets steeped in history and vibrant 14 PARTNERSHIP public spaces. Scotland’s unique architecture and places promote its distinctive identity all over the world. The country’s flair for creativity has also earned a worldwide reputation for design which is expressed not only through our buildings, but on the worldwide catwalk. Some of the world’s finest textiles come from Scotland, capturing the essence of woodland walks, log fires and contemporary personality too. Design also plays a huge part in selling Scotland to the world from the Tunnock’s teacake to The Macallan, Harris Tweed to Irn-Bru. Scotland is also a nation of pioneers, home to ground-breaking scientists, philosophers, engineers and architects for hundreds of years. Without Scotland, the television, telephone and even the raincoat may never have become part of our everyday lives! So whether you want to discover the innovation behind Andy Scott’s magnificent Kelpies, marvel at the sight of the Forth Bridges or enjoy the splendour of a bygone era through Charles Rennie Mackintosh’s iconic creations – there’s set to be something for everyone! 3. How are you going to develop the programme for this year? Which events are you most looking forward to? We announced 28 events in November 2015, which are being supported through a dedicated 2016 events fund managed by EventScotland, part of VisitScotland’s Events Directorate. We also have a ‘Partner Programme’ open until the end of the year, where events which link to the theme and take place in Scotland can benefit from the overall promotion of the year. So there’s lots more activity to come! There’s a great variety of events taking place in celebration of the year from festivals of light, to festivals of architecture, luminous origami birds to Harris Tweed celebrations, digital gaming to Renaissance fashion – it’s hard to pick a favourite! There’s also lots of exciting activity taking place alongside the events programme including the opening of ten new galleries at the National Museum of Scotland and the ongoing construction of the Queensferry Crossing and the V&A Museum of Design in Dundee. 4. As part of the programme are there any events taking place abroad, specifically in Italy? The programme of events we support are Scotland based, since VisitScotland themed years are ultimately about supporting and driving Scotland’s tourism and events industries to both domestic and international markets. Scotland will be on show as part of the 2016 Venice Biennale which I’m sure will spark an interest and awareness for the 2016 Year of Innovation, Architecture and Design. This is a really exciting opportunity for architects and teams from Scotland to engage with one of the most prestigious international showcases for architecture in the world. There are also the cultural connections between Scotland and Italy which although not event specific, do reinforce the 2016 links between the two countries. For example the late Filippo Alison, the architect, teacher and renowned Italian designer who helped to enhance the international reputation of Charles Rennie Mackintosh; and Italian-Scots such as Sir Eduardo Paolozzi and Alberto Morrocco – they all have their part to play in the story. Join the conversation at #IAD2016 For more information visit: www.visitscotland.com/iad2016 or contact Eleonora Vanello at: [email protected] News from Scotland Have you ever considered a link between the Scottish and Italian cashmere industries? S cotland’s fashion industry is renowned throughout the entire world, being a leader in top quality fabric production. Its best-known piece of clothing dates back to the 16th century: the distinctive and traditional kilt, an icon with a proud history and a bright future which combines heritage and innovation. The signature element of Scottish fashion nowadays is cashmere knitwear. The production of cashmere started in the 18th century, being immediately commended by consumers for its warmth and softness. Elegant and sophisticated, Scottish cashmere gained an international reputation and has been used in different styles over the years. One of the countries working the most with this luxury product is Italy. The northern regions are home to some historic brands, famous for the use of this material on a worldwide level. Here we see the cashmere connection between Italy and Scotland: three of the former most prosperous Scottish knitwear brands have recently been taken over by likewise Italian firms. Ballantyne was founded by Henry Ballantyne in 1921 in Innerleithen, in the Scottish Borders, often referred to as Scotland’s premier textile manufacturing region. Made famous for its diamond pattern, Ballantyne was appreciated by the British Royal Family, who made this brand a status symbol. The firm lost its lustre in recent decades, and was acquired by Luca Cordero di Montezemolo’s Fondo Charme in 2004. Italian stylist and entrepreneur Fabio Gatto was then chosen as creative director, and he was positively amazed by the range of colours and patterns in Ballantyne’s archives. After one year, he purchased the company and its licences for around £4.5 million, with the aim of putting Ballantyne back on top. In 2016, the company will have a presence of 400 stores in Italy, seeking to reach +70% of revenues (2015 was the year of break-even point). Ballantyne is going to be geared towards innovation: cashmere padding, light and warm, is being tested. In the meantime, Mr. Gatto is enhancing the superiority of real cashmere, conquering new customers and keeping loyal ones. Ballantyne has now acquired some Italian style with its headquarters located in Italy, but the production remains Scottish in terms of the raw material and the culture in this work. Drumohr has an ancient story dating back to 1770. Founded in Dumfries, it was an icon of the fashion industry in the ‘60s and ‘70s, with prestigious customers – Gianni Agnelli is said to have given the brand prestige, wearing the label to public occasions. The brand became a top knitwear range with a long and illustrious background. Drumohr was restored in 2006, when an Italian firm specialising in knitwear and socks, Ciocca, took over the firm. Without losing the symbol of the brand, the recognizable Razor Blade, the new creative director focused on repositioning the brand in the high-end market. The first step of Ciocca’s strategy has been to open a showroom in Milan; this store is expected to make Drumohr’s debut happen. The brand is highly appreciated overseas, in particular by the UK and Asian countries; Japan has a turnover percentage of 32% of the total. Demonstrating this is a new Drumohr showroom opened in Tokyo, and a 5-6 store network in Asia is planned for the years to come. The brand is thus destined to become international and conquer a new segment of evaluators. Founded in 1815 by Robert Pringle in the Scottish Borders, Pringle of Scotland is a symbol of the British aristocratic knitwear. Head of design since 2013 is Massimo Nicosia, who has been experimenting with a series of cuttingedge 3D printed fabric, with the consultation of a material scientist. Pringle of Scotland boasts a 200 year heritage, with remarkable admirers, namely The Queen, Princess Grace of Monaco and The Duke of Windsor, who made the brand famous wearing its rhombus pattern. Nicosia’s experiments continued the established practice of Pringle of Scotland, which was built on a mix of innovation and tradition, marrying design with technology to produce fine knitwear. Its collections feature luxurious knits with 3D printed panels made from nylon powder, with the aim of compensating for the lack of form of knitted garments. For its 200th anniversary, the National Museum of Scotland in Edinburgh hosted an exhibition called “Fully Fashioned: The Pringle of Scotland Story”, which traced the history of the company from a small hosiery firm to an international fashion brand. Iconic garments, archival records and film footage explored the relevance of knitwear to the modern wardrobe. Scotland is the iconic birthplace of the knitwear industry and these three labels, each of which has preserved its Scottish soul, prove that the constant fusion of past and future elements has definitely contributed to bring its glory back to the top. 15 PARTNERSHIP Food Discovering Le Marche: Rossodisera review T he restaurant featuring in this edition takes us on a journey of discovery, from Covent Garden to Italy’s little-known region of Le Marche, located on the eastern side of central Italy stretching between the Apennine Mountains and the Adriatic Sea. Rossodisera is tucked away in a cosy corner of London’s theatrical quarter, perfectly situated for a pre-show meal. Opened in 2007 with the intention to promote the land and products of Le Marche, Rossodisera is able to boast the title of the only fully Marche restaurant in all of the UK. The premises are small and intimate, and the rustic, warm terracotta colours of the interior are irresistible on a chilly January evening. The ground floor serves as a delicatessen and cafe in the daytime, with a small bar and preparation area for pastries. Upon arrival we are led downstairs to the main dining room, complete with its very own wine cellar through a stone archway at the back. Under the ground, surrounded by the bare brickwork and modest decoration, the hustle and bustle of London is left behind for a rural, provincial setting. Owner Igor Iacopini joins us at the table, and tells us the restaurant is decorated using the actual stone, beams and wooden 16 PARTNERSHIP benches from his father’s country house. The room is made even more distinctive and personal by the artwork for sale displayed on the walls, painted by Igor’s best friend from home. The immediate feeling is of authenticity and comfort, the natural family atmosphere reflected in the way the staff interact with one another and the customers. It’s clear that tonight is all about Le Marche, a region that is not often spoken about or considered a part of Italy’s cultural arsenal. Everything included on Rossodisera’s menu is exclusively ‘marchigiano’, made with ingredients sourced from small companies based within the region itself and according to original Marche recipes. Every member of staff at Rossodisera is from Le Marche; they are fiercely proud to be local and strive to keep this exclusivity. Head chef since 2014, Leonardo Gualtieri, naturally a ‘marchigiano’ himself, learnt the basics from his grandmother before spending many years refining his technique working in various professional environments. This dedication to the land and regional history gives Rossodisera a truly individual character. The meal begins with a classic antipasto platter with a selection of no less than 3 cheeses and 6 cured meats. These are served with homemade focaccia, along with honey and jam – just enough to balance the flavour of the cheese but not overwhelm it. My favourite ‘salumi’ are one made with liver and the ‘lonzino’ in the Marche dialect, more often known as ‘capocollo’. We then sample the ‘galantina di pollo’, a sliced cold cut of chicken, turkey, vegetables, olives and herbs and the ‘olive all’ascolana e cremini fritti’ (fried stuffed olives and custard cubes), handmade by the staff and served with vegetables in vinegar. The cremini were Igor’s favourite when he was young, and come pretty high up on my list, too; it seems almost criminal to begin a meal with something so sweet and delicious! The antipasto is accompanied by a craft beer ‘Birra Cereale’, brewed by Igor’s cousin’s own microbrewery ‘Laboratorio della Birra’. Igor tells us that Italians approach a meal with an ‘eating plan’, from the salty antipasto the primo follows naturally. Not wanting to upset the natural flow of things, we select a classic pasta dish, ‘fettuccine con ragù di coniglio’ (fettuccine with rabbit ragù). My dining partner’s reaction to this dish tells it all; he doesn’t come up for air until the plate is clean. The rabbit is so tender and delicate, no hint of toughness that is often associated with game. The faultless execution of this simple combination proves that there is no need to overcomplicate food when products are of such high quality. For this course we move from beer on to wine; Igor advises a wonderfully balanced Rosso Conero ‘Dorico’ from Cantina Moroder. Customers will be impressed by Rossodisera’s extensive wine list, perhaps even surprised by the countless offerings of this small territory. Igor and his staff have an exceptional passion for their region, and it is their sincere aim to make Le Marche known in the best way possible. In order to taste the best of Marche cuisine, sharing two secondi seems inevitable... The first, ‘agnello al forno con carciofi’ (roast lamb with artichokes) is cooked to perfection; the meat falls off the bone and is naturally so full of flavour that it needs no sauce or relish. Next up is ‘coscia d’oca con schiacciata di patate e senape’ (goose thigh with mashed potatoes and mustard). The earthy, natural flavours of the artichokes and potatoes combine perfectly with the tender meat in these typical dishes. It seems impossible that the culinary traditions of this region are almost completely over-looked by many who claim to know Italian cuisine. A testimony to the quality of the food at Rossodisera is the Marchio Ospitalita’ Italiana award - a demonstration for British customers of the restaurant’s top-quality status and a proof of genuineness. On top of this, Rossodisera has also been awarded the Slow Food award from Britain and the Le Marche local authorities. As the meal draws to a close, there is really no need for a dessert; swapping stories over a coffee would be enough to finish off an evening of exquisite food and great company. Despite being sufficiently full from the previous courses and wine, we give in and try a selection of pastries: ‘biscotti secchi al sale’ (crunchy biscuits with salt), ‘crostata con pere e noci’ (pear and hazelnut tart) and ‘ciambellone’, a marbled sponge ring, all handmade ‘in casa’. These small samples alone are enough to solidify my resolve to return at a later date, and after knocking back an Amaro Sibilla we bid the wonderful staff ‘buonanotte’. The flawless service and warm, inviting air of Rossodisera make it clear to see why regular customers are happy to keep coming back, and the reasons for the positive feedback from international clients, not just British and Italian. Restaurant director Igor generously gives up his evening to accommodate us, taking part in the meal, talking us through each dish. With plans to open a second restaurant in London, Igor intends to develop the distribution of Marche products, an activity which he began 3 years ago. It is important that people know Italy is much more than pizza, pasta and the common tourist destinations. At the moment Le Marche is a region basically untouched by tourism, but hopefully, with the work of people like Igor, it will become more widely known for its wealth of outstanding offerings. The staff at Rossodisera are the most dedicated of ambassadors for their region, who do everything they can to make the experience genuine. Here there is a real sense of home, and pride for one’s native land and origins, communicated through the excellence of the food and the snug, satisfying atmosphere. Rossodisera, 5 Monmouth Street, Covent Garden, London WC2H 9DA www.rossodisera.co.uk 17 PARTNERSHIP Ask the Chamber 1 We are an international law firm based in London, with branches throughout Europe, Asia and the Middle East. We would like to know what kind of members the Chamber has. Are they predominantly Italian? The Chamber has approximately 500 members. They are not just Italian companies, but also British and European, all interested in strengthening their ties with Italy or branching out into a new market. The companies operate over a very wide range of sectors and our members’ network spans from small and medium sized business to well-established bluechip companies. If you are working closely with Italian clients or companies based in Italy or the UK, the Chamber could certainly help you strengthen your business relations and promote your services. 2 I am looking for specific information on a company, in particular its account history. Are you able to help? The Chamber has access to Companies House, the main register for companies in the UK, and Registro Imprese, its Italian equivalent. This means that we are able to supply information such as financial reports, credit history, as well as incorporation dates, lists of shareholders and the directorial structure of both British and Italian companies. You just need to tell us the full name of the company in question, its main address and, if possible, its UK registration number or Italian codice fiscale. We will then draw up a report and send it to you directly. For this service, please contact Amy Lees at: [email protected] 3 What about UK buyers looking for Italian suppliers, do you offer anything for them? Throughout the year, we team up with the Chambers of Commerce across Italy and arrange delegations of UK buyers to attend trade fairs, B2B meetings and trips to Italy for their specific industries. These trips are all expenses paid, and we even book your flights too! As well as this, we organise trade-only events and workshops in the UK, such as our professional wine tasting, Wineteca, as well as 18 PARTNERSHIP provide lists of commercial contacts. If you are interested in this service, please contact Amy Lees at: [email protected] 4 We are a HR Company based in London, specialising in Health & Safety services. We would like to organise a seminar to explain our services, followed by a Q&A session. Could the Chamber offer us any support in this? Yes we could. We often organise seminars as our members are always interested in discussing and sharing their problems with experts in various sectors and industries. The Chamber offers its support by promoting the event and sending out all the invitations. We also monitor the guest list to assure that the right number of guests have signed up. On the day of the event, we will assist you with the registration of the guests and in any other way you require. After each event, we also send out a brief survey to those who attended to get some feedback which we then share with you. If you would like to discuss this further, please contact Laura Carrer at: [email protected] 5 I am the Communication Manager of a financial consultancy based in London. As we regularly work with Italian clients, is it possible to promote my business through the Chamber? Yes, it is. All members can publish news, special offers and job offers, all for free on our website. In the News section you can publish anything to do with your business: from an introduction of your company, to descriptions of available services – basically anything you think is of interest to our readers. The Special Offers section is dedicated to any sort of offer or discount that a member wishes to promote during a certain period of time. All these publications are also automatically published on our monthly e-newsletter which reaches 5000 contacts! All our members are welcome to utilise this channel as much as they want. We know how important good visibility is. If you would like more information about this, please contact Laura Carrer at: [email protected] Article Italian start-ups in the UK ecosystem and the Innovation page I n recent years, London’s tech sector has been flourishing, making it Europe’s fastest growing start-up scene and the ideal location for young entrepreneurs to set up their businesses. Recent figures suggest that in the first nine months of 2015, UK tech firms raised over £1.6 billion in investments, a figure that is steadily on the rise. After Silicon Valley and China, the British capital boasts the largest number of billion dollar companies, plus 36 technology accelerators and up to 70 co-working spaces. These figures are expected to continue to rise over the next ten years, with the number of digital technology companies increasing to 45,000. More and more people will be employed in the digital sector (an estimated growth of 5.4% by 2020) as young tech start-ups constantly make their way to London, including many Italian ones. The most prominent example of Italian start-up successfully expanding in the UK (in addition to over 100 different countries worldwide), is the online fashion retailer Yoox, which went on to acquire the British fashion sale website Net-a-Porter in March 2015. After this game-changing merger Yoox received the Digital Economy Award at this year’s UKItaly Business Awards, an event that the British Government dedicates to Italian companies that expand their business to the UK. However, more and more innovative Italian ideas are being given recognition. Another winner at the UK-Italy Business Awards in 2014 was Qurami, the time-saving app that gets a virtual ticket on your smartphone and queues on your behalf. Earlier this year, Apple CEO Tim Cook visited the Qurami headquarters in Rome and praised the start-up for the innovative ideas it had developed. The tailor-made financial advice start-up MoneyFarm raised 16 million euros in a funding round from British venture capital firm Cabot Square Capital and United Ventures. The company was awarded at the Chamber’s Keynes Sraffa Special Start-up Edition award ceremony in December 2015 for its outstanding achievements. In the same month, it also received the Best Fintech Start-up award at StartUpItalia’s Open Summit, in Milan. The Chamber also rewarded DoveConviene, the digital platform whose services are used by 13 million users around the world to access geolocalised information for each shopping category. Its founders went on to meet Apple’s CEO Tim Cook on his visit to Italy in mid-January after announcing the founding of its first European iOS development centre in Naples. The Italian Chamber of Commerce and Industry for the UK has given continuous support to innovative Italian startups looking to expand in the UK, organising and promoting networking events, trade fairs, conferences and one-to-one meetings with investors. In the past few years the Chamber has repeatedly collaborated with government agencies such as ICE, UKTI and London&Partners, the accellerators iStarter, Level 39 and Innovate, and also with the Embassy of Italy and banks such as Intesa Sanpaolo to carry out successful initiatives for start-ups. The Chamber is maintaining and strengthening its effort to help start-ups founded by Italians, creating a new section on its website dedicated entirely to the innovation sector. The innovation page is now online and it promotes hightech Italian start-ups, helping their development and growth in the UK market. The page provides its visitors with a full directory of these companies with their contacts and details. More start-ups can apply by filling in an online form, in which, amongst other fields, they are required to outline a brief company description, their significant milestones, their fundraising targets and they are also given the option of adding their press kits and business plans. There is also a section dedicated to accelerators and incubators who wish to sponsor the page, in which they can promote themselves with their logos and provdie links to their own websites, with rates available upon request. The new section also offers an updated agenda of the main events and initiatives dedicated to the innovation sector taking place in the UK, with links to their websites, where more information and tickets can be bought. The page also includes a section dedicated to interesting news found online regarding the high-tech world and updates about the start-ups taking part in this initiative. The aim of the innovation page is to provide start-ups with a free, functional instrument that helps them acquire more visibility among the Chamber’s network, made up of potential partners, corporate executives and international investors. The start-ups involved are given priority in future initiatives and events organised or promoted by the Chamber, are kept up-to-date with all the events going on in the UK, and receive help and advice from the Chamber’s own innovation desk. 19 PARTNERSHIP Article Bridging the gender gap in the hospitality industry? T he hospitality industry is the sector with a high growth rate per annum (3.3%; 2000 - 2010 nominal). In some third world countries, it represents the primary driver in local economies and offers work opportunities to local populations. The UK hospitality industry contributed almost 4% of the UK’s total GDP in 2014. Moreover, the hospitality industry is the UK’s fourth biggest industry in terms of employment. But is hospitality really in line with the times? In a society where gender equality should be taken for granted, it is still possible to notice significant discrepancies between male and female employees in various sectors. Hospitality is one of them, and, in this context, the problem manifests itself in two ways; 1) A high male-female ratio at managerial level and, as a consequence, 2) lower salaries for women. Considering that women make up 70% of the workforce in restaurants, hotels and visitor attractions, it would seem contradictory that only 20% of them are employed in a leading capacity and only 8% are part of their establishment’s Board. Why does this happen? The issue has historical and socio-cultural roots, and gender stereotypes are hard to subvert. What can be done, then? Luckily, some steps have been taken to support the presence of women at a higher hierarchical level. Some organisations, such as Women 1st, have been created in the UK in past few years. Through training courses, awareness campaigns and proposed changes in legislation, these institutions are changing the way in which the hospitality industry is structured. The results are extremely positive, and it is not just a question of fundamental societal changes. Research has shown that companies adopting a diversity policy would benefit from a higher EBITDA margin and return on sales, compared to their male-dominated counterparts. 20 PARTNERSHIP Boardrooms have been dominated by male executives for a long time. While including women on boards was often seen as a bad business decision because of hypothesized lower performance, today the business case for women on boards implies that women may have unique attributes that increase the performance of the board, and ultimately the performance of the firm (Simpson et al., 2010). Since the 1980s the opportunities for women to be formally hired in leadership roles in the hospitality industry, have arisen exponentially. The trend of women working in management roles has changed and they are becoming more visible. According to a People 1st research in 2010, 56% of the hospitality workforce in the UK is female, 45% of workers are under 30, 14% are from black or minority ethnic (BME) backgrounds, 54% work full time, 8% are selfemployed and 20% are migrant workers. Although 56% of the workforce is female, the number of women working in senior management positions in the hospitality industry is very low (People 1st, ‘The case for change: Women working in the hospitality, leisure, travel and tourism sector’ Report 2010). Catalyst (2011) has proven that having two or more women on the board of directors results in less risk for the business and in a dramatic increment in those Fortune 500 companies that have adopted the change (+73% return on sales, +83% return on equity, +112% return on invested capital). Because of their inclination to avoid risks and their experience in a caring capacity, women make good managers, particularly in hospitality. In a 2015 article, Professors Tom Baum and Catherine Cheung included recommendations as to how the problem should be solved. One of the proposed solutions was that of improving education with regards to the touristic sector. According to them, this means starting specific courses that address the question, as well as the implementation of qualifying courses (MBAs, Executive courses, etc). The Master’s programme organised by the Italian Chamber of Commerce for the UK shares the same objectives. The annual reports for the Master show that in the first editions, the number of males was higher. After 2014, the trend has inverted and the number of females increased significantly. From 2012 to 2016, the percentage of Master’s students is as follows: males represent 43.6% while females represent 56.3%. Our students have the opportunity to access high-profile classes taught by renowned professionals, most of whom have international work experience. The programme includes a three to six month internship in London luxury hotels such as Andaz, Baglioni, Dukes London, Eccleston Square Hotel, Millennium Hotel, Melia White House Hotel, Russell Hotel, Sanctum Soho Hotel, Sheraton, Sloane Square Hotel, The Ampersand Hotel, The Ritz, The Wellesley, Xenia Hotel, etc. As work experience is really important in this sector and many people enter into management positions after working for a significant period in operational roles, the Master provides a first month of tuition and a placement. In conclusion, it is only fair to acknowledge that over the years we have witnessed a development for gender diversity in business, even if this problem requires concrete action at all levels of society and in all institutions, by individuals and by groups. Are woman the future of business? The Master in Hospitality and Hotel Management is now in its 17th edition and is perfect for young talented individuals who want to grow professionally, and for anyone who aspires to become a hotel manager or take on managerial roles at luxury hotels. The 17th Master in Hospitality and Hotel Management is starting on 6th April. The application process is open and we would love to hear from you. For more information on the spring edition, please email Ylenia Marasco at: [email protected] Article Discovering the benefits of a golden natural resource: honey E ver heard about the benefits of honey? With bread, yogurt or with cheese, everyone knows how honey looks, but have you ever dug deeper to find out more about it? Honey is a concentrated form of energy and its story starts many years ago… History Honey was considered a proper medicine for centuries; it can be used in different situations to heal various diseases. As we all know, honey is made by bees. They first appeared around 50 million years ago, and according to history, the first usage of honey by humans is dated around 10 million years ago. The oldest proof of a proper honey farmer with bees is dated 2,400 years before Christ. In Ancient Egypt, honey was considered a luxury food, something royal and divine. A more common use is dated a bit later, as many archaeological remains of honey jars were founded in ancient graves. All over the Mediterranean area honey was appreciated, gaining more and more interest over the years. The Greeks used honey in many ways as it was considered the food of the gods; it was used a lot for the preparation of cakes, in religious ceremonies and sacrifices in honour of the gods. In mythology, Melissa (the etymology of which is linked to the name “bee” and “honey”), daughter of the king of Crete, fed Zeus with the honey bee Panacride. Aristophanes wrote that buns with honey were the prize for athletes who won races, and Pythagoras suggested his followers eat honey with bread because then they would be guaranteed a long and healthy life. For the Romans honey was the ideal sweetener and imported it from Crete, Cyprus, Malta and Spain. It was used for preparing raw and cooked cakes, beers, canning and mead, an alcoholic drink made from fermented honey diluted with water, the drink of the gods and heroes of the past. At the time of Emperor Augustus beekeeping was in its golden age. Curiosity and benefits As well as a great story, there are many curiosities and benefits behind this golden resource. In order to produce 1kg of honey, every single bee flies for 150,000 km, the equivalent of 4 trips around the world. Each day, a whole hive of bees can visit up to 225,000 flowers. Honey or sugar? Unlike sugar, honey has a lot of healthy properties, in particular antibacterial. A bit of honey every day helps the body generate immediate energy, and thanks to the fructose, also prevents sore throat, cold and flu and stomach ache. Honey is also a kind of food that doesn’t produce any kind of pollution, this is because bees are very sensitive to environmental pollution and die before producing honey. This is also why bees are a natural indicator of pollution levels. The bar graph below, accordingly to the FAO statistics research, shows the world’s top honey producers by country and amount. The World Health Organization (WHO) and American Academy of Paediatrics recommend honey as a natural cough remedy. A 2007 study by Penn State College of Medicine suggested that honey reduced night-time coughing and improved sleep quality in children with upper respiratory infections better than cough medicine or no treatment. Crystallization of honey is a natural process that can be useful in indicating its genuineness. There are some varieties that crystallize in less time than others. Heating honey at around 45°C makes it liquid again, but it must be remembered that many of its properties can be partly lost at high temperatures. There are many different kinds of honey, they differ from each other by colour, taste and crystallization. The varieties of honey depend on the origin of the nectar, the geographic area of production and the weather conditions. Honey expires after a long time but it is important to use it within two years as it may lose most of its beneficial properties. You can’t speak about honey’s curiosity without mentioning the famous “Honeymoon”. Have you ever asked yourselves why we use this expression to indicate just-married couples’ journeys? According to the Oxford dictionary, moon stands for the lunar phases, because Babylonians used to give newly-weds a particular drink made of honey in a quantity that would last for 1 month. During the Medieval ages, the woman’s family used to give the groom a jar of honey as something sweet but also expensive. In Ancient Greece honey was considered a real “elixir of life”; it’s a true fact that it has many, many good properties… maybe, they were right? It’s worth a try, who knows. 21 PARTNERSHIP Welcome to NEW MEMBERS JOIN THE ICCIUK To request a membership application form and company brochure please visit www.italchamind.eu For more information about the Chamber and Membership, please see: www.italchamind.eu or contact the Secretariat by telephone (+44) 0207 495 8191 or by email: [email protected] DALLA VERITÀ & PARTNERS Benefactor Chartered Public Accountant, auditor and published writer, Gianluca is the founding member of Dalla Verità & Partners, with branches in Bologna and London, and of Fiodha Ltd in London, specialising in advisory and M&A. He is experienced in financial instruments and has a longstanding and successful track record in the Far East and in the African countries. He works in areas such as tax structures, national and international corporate law. He actively works with diplomatic corps and entities, and he is a member of various international bodies in the field of international tax law and Economics, as well as a member of STEP, the London-based Society of Trust and Estate Practitioners. Mr. Gianluca M. Dalla Verità +38 051 269900 www.dallaverita.it PANGEA STUDIO ASSOCIATO Corporate WHAT WE DO: We accompany firms in both local and global development by following every single step of our clients into the most important countries in the world, with a multidisciplinary model, highly integrated in all significant areas of the business. OUR EXPERTISE: • ADVISORY about multiple business areas where we are concretely expert and competent. • RISK MANAGEMENT on current and future risks, both operating and financial, BY LOCATING the best countries where doing businesses. • LEGAL, FISCAL AND CONTRACTS ASSISTANCE for a safe business, as well as profitable. Ms Cristina Scaramella +44 (0) 20 329 011 67 www.studio-pangea.com GESTAL SRL Corporate The Relais “Cortona Manor House & SPA” is an 18th Century noble residence between Tuscany and Umbria, overlooking Lake Trasimeno. It is composed of 15 graceful suites, each one has a master bedroom, living room with sofa-bed and kitchenette and full service bathroom. The renovation has preserved all the original building materials adding many modern comforts, such as free Wifi everywhere in the structure and a full Wellness Centre with an indoor heated pool, in addition to the outdoor pool situated in the centuries-old olive tree park with an astonishing Lake view. Mr Sergio Viterbi +39 075 8230 295 www.cortonamanorhouse.com SOCIETA’ AGRICOLA I CIACCA Corporate ELETTRIC 80 LTD Corporate Our target is to supply customers with the best solutions for integrated logistics. Our solutions are based on a powerful and highly flexible system composed of robotic palletizers, laser guided vehicles (LGV), high density storage (SmartStore) and high speed robotic stretch-wrappers (Silkworm). The whole process is managed by our Smart Decision Maker (Software package). Our farm, I Ciacca, lies in Picinisco in Val di Comino. Our extra virgin olive oil is a pressing of olive varieties that offers an unmistakable golden green colour, with a light and fruity yet somehow complex flavour. We also produce millefiori and acacia honey from our own bee hives and jams and preserves made from the fruit foraged on the farm. Our first wine will be available in 2016! Our products can be found in various delicatessens and top quality restaurants across Scotland and the UK. Our sister company, Sotto le Stelle, Picinisco is a boutique hotel, ‘albergo diffuso’, and part of the Michelin Guide. We have been awarded the Best rooms in Central Italy prize from Touring Club Italia. Mr Valentino Gregori +44 (0)20 832 656 36 www.elettric80.com Ms. Sofia Di Ciacca +44 (0) 7905 655152 www.sottolestellepicinisco.com INTEGER LIMITED Corporate BACCO WINE Corporate Integer Limited is headquartered in London, UK, and it has a representative office in Turin, Italy, as well as an extended network of partners internationally. We distribute and customise, across Europe, software solutions for the Governance Risk and Compliance (GRC). Our flagship product is IsoMetrix www.isometrix.com, of which we are an implementing partner. We are able to replace a myriad of point solutions, paperwork and spreadsheet-based systems, with fully integrated, web-based solutions that provides comprehensive dashboards for clear visibility over areas of risk and noncompliance. Mr Pietro Rescia +44 (0) 755 7375 151 www.integereurope.eu JDM LTD Corporate Food Intelligence and Operation JDM is a private Company focussing on the food market. JDM has over a dozen years of activity in building sales organizations worldwide to bring the quality Italian food products on the shelves of major retailers and food services’ portfolios. Our Managing Partner Mr. Giovanni De Marchi and his staff can bring over 20 years of experience in developing business in the Food&Beverage business in Europe, NorthAmerica and Asian markets. Recently JDM has intensively developed their activities in the UK market, dealing with the major UK Key Accounts in retail and food service. The ‘plus’ of JDM is to select and source Italian upscale products, having recognized point-ofdifferences and assuring a correct RTM. Mr Giovanni De Marchi +39 348 7557 144 www.therealhampers.co.uk MGH SYSTEMS LTD Corporate MGH SYSTEMS is a company that looks to the future: research & development, innovation and state of the art technology are the keys to create successful products and services with highly innovative content. The Group was established in 2013 and has a worldwide presence. MGH SYSTEMS is active in four different sectors: data centers, telecom, security and energy. Thanks to many years experience and considerable skills, the Group stands out in the market as an innovative technology system integrator that can supply unique, modern and highly advanced solutions to its customers. The position of MGH SYSTEMS is that of a company focused on state-of-the-art solutions in the sectors the company is active in. Mr Stefano Brivio +39 349 2353 754 www.mgh-systems.com 22 PARTNERSHIP Bacco Wine is a young and vibrant company dedicated to importing the best wines from privately owned, independent producers from various regions of Italy. All the wines are sourced from small wineries who share the same attention to quality and respect for the environment. Together with the most popular and well known wines, Bacco focuses on indigenous and rare grape varieties and organic wines. Mr. Valerio Lo Coco +44 (0) 7588714152 www.bacco-wine.co.uk MATTEO TURI Individual I am a Chartered Accountant and I have been a member of the ACCA (Association of Certified Chartered Account) since 2003. I am also a Member of the IOD (Institute of Directors) and the FSB (Federation of Small Business) as I am a strong supporter of the small businesses in the UK. With a multinational European background, fluent in English, French & Italian, across diverse countries and industries and skilled in large-scale change, such as M&A activity, transformation, restructuring, and IPOs, I drive change management, minimizing risk and fostering growth based on changing conditions and diverse industry demands. Mr Matteo Turi +44 (0) 203 287 1055 www.matteoturi.com DOMENICO VENTURA Individual Born and educated in Milan, I am a passionate and energetic Executive with 20+ years’ expertise and experience in Marketing, Brand and Innovation. I recently founded DiConcerto - a studio of professional consultants offering Product/ Brand Activation and Adaptation to small-medium size businesses. We simply put your product in the right place, and tell its story in the right way to the right people. We operate a no job too small policy: the essentials of analysis, placement, translation and adaptation are always there. Other modules such as graphics, design, financials and more can be added through our network of professional contacts. Mr. Domenico Ventura +44 (0) 77 111 50 182 www.diconcerto.com Our Benefactor Members 23 PARTNERSHIP City Car Fiat 500