ITALY’S PAINTS SECTOR PULLS FROM COVID SLUMP, AIDED BY GOVERNMENT INCENTIVES
June 30th, 2022
As the Italian economy recovers from the particularly hard two-year coronavirus pandemic, Italy’s paints and varnishes sector is among the few to have weathered the storm well. “Our sector has probably never seen such a jump in growth like that of the past two years,” said Gianni Martinetti, president of the Paints and Varnishes Group of AVISA (1), which is part of Italy’s national chemicals industry association, Federchimica.
Driving this growth is a series of governmental incentives offering tax breaks for public and private building renovations ...
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