Italian C&T industry feels positive


6% of sales are being invested in R&D

Italian cosmetics industry organisation Unipro has presented a positive 2011 business report to the country\'s MPs.

Positive signals on sales prospects are reported from 70% of sector companies, marked by a stable level of employment in the industry. The economic crisis has been confronted by strategies for development and growth with some 6% of sales being invested in R&D, compared with a national average of below 3%.

Italian cosmetics sales grew by 5.2% last year to €8.6bn.