Three regional grants for craftsmen
Aids for sheds and machines. More information at Cipnes Agency
The Sardinia Region, with resolution 40/36 of August 4, 2020, has approved the operating procedures for the granting of interest and capital grants related to subsidized credit operations (art. 37 of Law no. 949 of July 25, 1952) and grants for lease payments (art. 23, paragraph 1, of Law no. 240 of May 21, 1981).
Grants may be given to artisan enterprises, also established as cooperatives or consortiums, registered as artisan enterprises (special section) in the Register of Companies in accordance with Regional Law 32 of 2016.
What are the artisan credit facilities offered.
1 - Interest rate subsidy, determined as a percentage of the reference rate in force on the date the loan contract was signed, equal to 64%.
2 - Capital contribution, determined as 40% (without prejudice to the "de minimis" ceilings set out in EU Regulation no. 1407/2013) of the cost incurred for the investment.
3 - Contribution for the reduction of guarantee costs, when the financing for which the interest contribution is requested is guaranteed for at least 50% by a Confidi; the contribution in this case is equal to 0.50% per year of the amount of the operation, for a maximum of 5 years.
What are the facilities for financial leasing.
1 - Contribution on lease payments, determined as a percentage of the reference rate in force on the date the lease contract was signed, equal to 64%.
2 - Contribution on capital account, the contribution is determined to the extent of 40% of eligible expenditure, recognized in two installments.
3 - Contribution for the reduction of guarantee costs, when the financial operation for which the fee contribution is requested is guaranteed for at least 50% by a Confidi; the contribution in this case is equal to 0.50% per year of the amount of the operation, for a maximum of 5 years.
What can the contributions be requested for.
The financing for which the regional contribution is requested (in interest and capital account) must be aimed exclusively at the purchase of land for the construction of premises functional to the artisan activity, renovation of buildings at the service of the artisan activity, purchase of machinery at the service of the artisan activity, purchase of software, patent rights, purchase of raw materials and finished products and other specific items of expenditure contained in the annexes to the Regional Council Resolution No. 40/36 of August 4, 2020.
Where to submit applications.
The application for admission to the concessions must be filled in and forwarded via web to the managing body (at present and until further public selection, the identified managing body is Artigiancassa Sardegna) through the Banks (art. 13 of Legislative Decree no. 385/1993) and the Artisan Associations of the category.
Resto al Sud, the non-refundable grant increases to 50%.
News for the birth of new enterprises of the under 46 in Sardinia
Important news for "Resto al Sud", the measure that supports the birth in Sardinia of companies led by the under 46s. The Relaunch Decree has increased the non-refundable contribution from 30 to 50% of the investment. The new form of relief applies to projects submitted after 19 July 2020. An extra contribution has also been provided upon completion of the first project. For the first time, funding is also allowed to consolidate the activities of companies established after 21 June 2017.
What is Resto al Sud. It is a measure that supports the birth of new entrepreneurial activities in the South of Italy (therefore also in Sardinia).
Who can get the incentive. People under 46 (they must not be 46 years old). From the point of view of legal form, sole proprietorships and companies established after 21 June 2017 can obtain it. Freelance professionals can also obtain it but "in the twelve months preceding the application for the incentive, they must not have a VAT number for an activity similar to the one proposed for financing".
Which sectors are eligible for financing. The production of goods in the sectors of industry, crafts, processing of agricultural and food products, fishing and aquaculture; the provision of services to businesses and individuals; tourism.
Which sectors are not eligible for funding. Primary agricultural production activities and trade.
Which expenditure are eligible. Expenditure on the renovation or exceptional maintenance of real estate, the purchase of plant, machinery, equipment and computer programs and the main items of expenditure useful for the start-up of the activity, including expenditure on business promotion.
The percentage of support. Resto al Sud covers 100% of eligible expenditure.
The non-refundable percentage. Previously the contribution was 30%. Since 19 July the percentage has increased to 50% of the total investment.
How the remaining 50% is financed. With bank financing, guaranteed by the SME Guarantee Fund. The interest of the financing is fully covered by an interest subsidy provided by Invitalia.
Ceilings in eligible expenses. They can be financed up to 60 thousand euros in the case of a sole trader and 50 thousand euros for each component in the case of a company, with a maximum of 4 beneficiary members for a total of 200 thousand euros.
New contributions. A further non-repayable grant is foreseen at the end of the admitted and correctly reported project. The extra contribution - to cover working capital requirements - is 15 thousand euros for activities carried out as a sole proprietorship and 10 thousand euros for each member, up to a maximum of 40 thousand euros for activities carried out as a company.
Companies already active can be financed. This is another novelty. Companies established and operating after 21 June 2017 are henceforth allowed access to the measure also through spending programmes aimed at consolidating, diversifying and improving production processes.
Contributions for recruitment in 2020
The Region's aid to tourism enterprises. Information at Cipnes Gallura
Aid to tourism enterprises in Sardinia (and workers) comes from the Sardinia Region in the form of subsidies for recruitment. In fact, a notice entitled 'Destinazione Sardegna Lavoro 2020' has been published which - in implementation of Regional Law No 8 of 2020 - provides financial support to companies that have suffered damage as a result of the Coronavirus. The tourism sector was the most affected in Sardinia: in hotels alone there were 26,000 fewer hires than in 2019, according to the latest report by Aspal Sardegna. However, there are now signs of recovery - in July recruitment exceeded that of 2019 - and public aid will serve to strengthen this trend. Let's see, in detail, who is entitled to subsidies and what they have to do to get them, even with the help of Cipnes Gallura.
Form of aid: direct grant.
Aid amount: from EUR 400 to a maximum of EUR 1700 per recruitment.
Aid period: granted for recruitments from 1 February 2020 to 1 December 2020.
Who is qualified (companies): tourism enterprises. Here are some activities that can be financed: hotels, holiday villages, rooms-to-let, restaurants, bars, ice-cream and pastry shops, catering, real estate brokerage, taxi transport, transport by hire, activities related to air transport.
Requirements: to have a production unit in Sardinia, to have stipulated regular contracts, not to have dismissed except for just cause, not to have obtained other aid for the same workers.
Who are the recipients of the grant (workers): young people under 35 (under 35), unemployed people over 35 and women over 35 (over 35); all resident or domiciled in Sardinia.
When to apply: from 30 July.
How to obtain grants: the staff of the "Support for Businesses and Territorial Development" division of Cipnes Gallura is at the disposal of companies, in the Olbia office, for further clarification and to submit the application to the Region of Sardinia. Here is the link to contact us: https://bit.ly/3hEoYRO
Aspal: in Sardinia in July hirings in excess of 2019
Labour market recovering, it's the first time since lockdown
"In Sardinia, for the first time since the beginning of the crisis caused by the Coronavirus, the recruitments in 2020 are higher than in the same period in 2019". It happened in the first weeks of July, "with a very sharp acceleration". This is communicated by Aspal Sardegna, the agency for active labour policies, in its periodical bulletin.
"This means that the recovery of the labour market is increasingly pronounced and that some recruitments postponed in the previous weeks are finally materialising," writes the Agency. The recovery is linked to "fixed-term contracts, while permanent contracts are not showing significant signs of improvement".
The analysis of Aspal Sardegna starts on 19 February and ends on 14 July 2020. Over 95,000 contracts were signed during this period. There were 66 thousand less contracts than in 2019. Of these, 15,400 just in the Olbia area.
Overall, the sector with the greatest losses was that of hotels and restaurants (- 25,600 hires). The most penalized type of contract was temporary contracts (-52,000 hires); the age groups with the least hiring were 25-34 years (-18,000) and 35-44 years (-16,000).
Insula cornerstone of Sardinia's production system
Agreement between Cipnes and three regional councillorships for internationalisation
The Cipnes Gallura and the Sardinia Region with three councillorships (Tourism as lead partner, Agriculture and Industry) have signed an agreement for the "promotion and internationalisation of the identity production chains and the promotion of the Sardinian territories". The agreement, which will be made operational by the Insula territorial marketing platform over the next three years, aims to strengthen the Sardinian production system, in particular the agrifood, crafts and sustainable tourism sectors.
It was signed with the resolution of the Regional Council of July 9, 2020, the agreement is complementary to the Strategic Programme "Insula Sardinia Enterprise P.T.E.", coordinated by the Agrifood and territorial marketing division of Cipnes Gallura, and to the Strategic Tourism Plan "Destination Sardinia 2018-2021", coordinated by the Regional Department of Tourism, Crafts and Commerce. The mission is twofold: to promote the excellence of Sardinia abroad, offering companies access to new markets, and to promote a sustainable tourist Sardinia abroad, attracting new visitors to the island. There are five points to be made. The first is related to agriculture. It foresees the " regional territorial marketing program "Insula" for the aggregation, innovation, promotion and internationalization of the identity production chains and territories of Sardinia, through the multifunctional public platform "Insula-Sardinia Enterprise P.T.E.", currently being implemented in the production district of Cipnes in Olbia, and its peripheral operating units "Insula Sardinia Village", such as those of Porto Cervo (in the photo last year's inauguration) and Forte Village.
The second, also linked to agrifood, is aimed at tourism. It has the objective of implementing the "Insula - Sardinia Quality World" territorial marketing project aimed at supporting a path of promotion, internationalization, production and distribution development of the certified quality identity chains of Sardinia and art, with the aim of innovating, diversifying and differentiating the Sardinian Destination also through new themes, such as the " Wine and Food Tourism Paths" and the artistic creations of the "Master craftsmen of Sardinia". The third point has a strong social and cultural value. The aim of the agreement between Cipnes and the Sardinia Region is in fact to "implement the institutional ethical-solidarity project "Insula - Tottumpare... for a united and supportive Sardinia", aimed at supporting companies in the Sardinian agri-food sector through a strategic promotional-information campaign and an ethical-solidarity campaign which, involving the regional distribution system, orients the consumption choices towards Sardinian agri-food production".
The fourth point is essentially tourism. It envisages the "implementation of the Strategic Tourism Plan "Destination Sardinia 2018-2021", with attention to the joint implementation of regional institutional projects for the promotion of tourism in Sardinia and to qualify local production excellence through the coordinated development of qualified marketing, communication, promotion and promo-commercialisation activities".
Finally, the fifth point, which is based on the exhibition market. It has as its objective the "design and implementation of fair promotional actions at regional, national and international level to support processes of competitive development, cooperation and internationalization of the regional system of companies, with focus on the production chains of tourism, agrifood, crafts and design".
Great satisfaction for the agreement with Cipnes Gallura was expressed by the Regional Councillor for Tourism Gianni Chessa, who carried the project forward. "I am particularly proud to have completed this first phase of the active collaboration with Cipnes Gallura, whose initiatives I have followed since the beginning of my mandate, also (but not only) with direct participation in its events, not only in Costa Smeralda - explains the Councillor -. It is my belief that, through these strategic agreements, we can increasingly enhance the value of the products of our land and export the name of Sardinia all over the world. Now, together with our fellow councillors for Industry and Agriculture, we will carry out all the initiatives and acts aimed at the full implementation of the objectives set out in the framework agreement".
The Cipnes cycle path that produces energy
3.5 kilometres covered with photovoltaic panels: benefits for health, landscape and costs
It takesyu energy to walk it, it produces energy for the environment. In addition to the 1000 kilometres of cycle paths programmed by the Sardinia Region, the Cipnes Gallura one adds its 3.5 kilometres between Olbia and Pozzo Sacro (which can also be covered by pedestrians and runners) with an innovative and eco-sustainable intervention: it will be built with photovoltaic panels. The Cipnes track, therefore, will help physical well-being but will also serve to generate clean energy and reduce the costs of the institution.
The work has been financed by the European Union's "Jessica" Fund with a 20-year loan of 5 million euros at zero interest and repayable with energy savings. The Regional Department of Industry has granted Cipnes the single authorization for the execution of the works: the construction sites will open in September 2020. The runway - which will be interconnected with the one planned by the Municipality of Olbia - will start in via Indonesia (where today there is McDonald's) and then it will run in via Guinea, on provincial road 82 (the main street of the production district), in via Armenia and via Eritrea (by the "Pozzo Sacro" area).
The route - 3.5 kilometers long and 4 meters wide - will be covered by 18,000 square meters of colored photovoltaic panels, consisting of 7296 modules with a power of 270 Wp each. The total power will be almost 2 MWp divided into three different connection points: the first (1821 panels, equal to 492.48 kW) near the water purifier; the second (3648 panels, 984.96 kW) in the area of the sewage treatment plant and the third (1824 panels. 492.48 Kw) in the Cipnes Gallura headquarters.
The track will be reserved both for those who want to run or walk and for those who want to ride a bike. There will be bike sharing stations (bike sharing), a sustainable mobility tool available to public administrations wishing to support the use of public transport. Electric bicycles will be placed in the stations after use to recharge the batteries. The bikes will be locked or can be used with a key or a magnetic card. The service is therefore not available to everyone but requires registration.
This new facility provides important benefits for the community and the economic system. The photovoltaic panels will produce energy with zero environmental impact and will aesthetically upgrade the Olbia production district. The energy produced will enable Cipnes to significantly reduce its consortium energy bill, which in recent years has seen significant increases in expenditure due both to higher hydrocarbon costs and to increased consumption due to new implementations of services in the various phases of management of the consortium plants and infrastructures.
The project was born from an innovative idea of the engineer Giovanni Maurelli, manager of the Environmental Hygiene sector of Cipnes, and of the General Management of Cipnes, and was prepared by the technical structure of Cipnes (the project was designed by the engineer Giuseppe Mula, with the collaboration of Bastianino Mariano, Fabrizio Palitta, Arturo Aramini, Oscar Cannas and Mario Chiapponi; the engineer Antonio Catgiu is in charge of the procedure) and shared by the consortium local authorities and in particular by the Municipality of Olbia.
A thousand kilometres of cycle paths in Sardinia
The Region approves the project for sustainable mobility and tourism promotion
Between incentives for physical well-being and tourism promotion, the Region of Sardinia supports the realization of the "Cycle of Sardinia" (photo), a 1046 km long plan that offers the "possibility to connect all the ports and airports of Sardinia - explains the regional government - and allow the cyclist to choose, among several entry alternatives, the chosen route to visit, by bike, Sardinia far and wide".
The project has been going on for some years now and has now entered its operational phase: the regional council, with a resolution dated 26 May 2020, has decided to identify as a priority, for the "Cycle of Sardinia", the route between north and south, between Alghero and Cagliari (the second route is the eastern one and concerns Gallura, starting from Santa Teresa and to Cagliari).
For the priority axis, the Ministry of Infrastructure and Transport allocated €16.6 million and the regional government immediately released €2 million for the completion and design of the Cagliari-Elmas-Barumini and Alghero-Porto Torres -Cagliari routes.
The " Cycle of Sardinia" therefore takes shape. And also Olbia and Gallura are part of it. For Olbia there is a connection between the city and the port of the Isola Bianca and the Costa Smeralda airport: the Region has cut out the intervention and has identified the Municipality of Olbia as the implementer. Another significant project is the one within the Cipnes Gallura areas that we will talk about shortly.
The long journey of sustainable and touristic cycling began five years ago, when the Sardinia Region approved the "Regional Network of Bicycle Routes" with a funding of 8 million (resolution of 7 May 2015). Subsequently, with a resolution of 16 June 2016, it allocated a further 7 million to "Cycling mobility in metropolitan areas (Cagliari, Sassari, Olbia)".
With the resolution of 31 January 2017, the Region took more than one step forward. First, it identified five priority routes: Alghero - Porto Torres - Sassari - Badesi (115.84 km); Ozieri/Chilivani - Illorai (Tirso Station) - Macomer - Bosa (164.17 km); Cagliari - Elmas - Assemini - San Gavino - Sanluri - Isili (113.78 km); Tharros - Oristano - Terralba and Oristano - Bosa (133.79 km); Santa Margherita di Pula - Cagliari - Villasimius - Villaputzu (149.75 km). Secondly, it approved the three metropolitan routes, including the section for the Olbia plan.
Also in 2017, the Region has included the " Sardinia Cycle Route" within the national plan called "National System of Tourist Cycle Routes". Now, with the tranche of 2 million, it has given the go-ahead for the construction of the first pieces of the mosaic of cycle paths on the island, within which there are the five routes (attachments 2 and 3 to the resolution of May 2020). Priority, as said, has been given to the Western North-South route.
Tourist presences, Arzachena among the top 50 destinations in Italy
It has the leadership in Sardinia, Olbia in the third place. Germans, Lombards and Swiss at the top
The Gallura region is the "province" of Sardinia with the highest percentage of foreign tourists. It has the largest number of hotels in the 5 star luxury and extra-luxury category. But it is also the one that has the first tourist destination, for number of presences, of Sardinia and among the first 50 in Italy: Arzachena.
It is a record linked to the Costa Smeralda but also to the other tourist resorts on the coast: Poltu Quatu, Baja Sardinia, Cala Bitta and Cannigione (in the photo by Marcello Chiodino the mouth of the river San Giovanni). A system of hospitality consolidated and tested in sixty years of experience that represents one of the strong points of the Gallura production system, because it involves many companies, in particular those in the boating industry in the Cipnes Gallura production district.
Let's see the data in detail. The tourist presence in Arzachena in the 2019 season - as indicated by the recent report of the Region of Sardinia - was 1 million 222 thousand, with an increase of 1.2% on 2018. In second place we find Alghero (1 million 181 thousand presences) and in third place the capital of Gallura, Olbia, with 891 thousand presences. Arzachena has been included by Istat in the top 50 of Italy's tourist destinations, in 43rd place; it is a special ranking in which another Sardinian city, Alghero, also appears in 49th place.
Arzachena, then, is the place where tourists stay and spend money the most. In order to understand who the vacationers are, we need to analyze more data.
First of all, most tourists come from abroad: 66% of the presences, according to the Sardinia Region data, which in 2019 covered 70% of the total presences. A very high percentage, also confirmed by Istat in the last report "Tourist Movement in Italy" and referred to 2018. "In Southern Italy, the foreign presence is very consistent in Sorrento (89.1%), Taormina (83.5%), Alghero and Arzachena (71.4% and 65.6%)" writes the National Institute of Statistics.
We are also able to establish the ranking, by origin, of tourists in Arzachena in 2018, the last available data. In first place - as we read in the Sardinia Region report - there are the Germans (289 thousand presences); then, to follow, Lombardy (105 thousand presences), Swiss (80 thousand), British (77 thousand), from Lazio (49 thousand), France (47 thousand), Austria (44 thousand), from Campania (36 thousand), Sardinia (36 thousand), Emilia-Romagna (31 thousand), Piedmont (30 thousand), Veneto (29 thousand), Holland (26 thousand) and the United States (23 thousand). Finally, we also have the opportunity to know which months have the highest number of tourists: August (300 thousand), July (267 thousand), June (210 thousand), September (214 thousand) and May (117 thousand).
The Costa Smeralda's economic system starts again
Hotels, villas, ports are about to open. The nautical district enterprises of Cipnes Gallura at work.
The Costa Smeralda ecomomic system, one of the main ones in Gallura, starts again. In recent days the "Luci di la Muntagna" Hotel, opened in 1966, and the Yacht Club “Costa Smeralda”, founded in 1967 by Prince Karim Aga Khan, have reopened. From tomorrow, in turn, it will be the turn of the historic hotels Cala di Volpe, Cervo, Romazzino and Pitrizza, which will start their 57th season, the most difficult ever because of the Coronavirus situation. Many villas have already been opened by their owners or those to whom they have rented it and a fair number of yachts, even large ones, have begun to cross the waters of Cala di Volpe and Pevero.
The Costa Smeralda, with its related industries, is very important for many companies in Gallura, in particular for those in the nautical sector of the Cipnes Gallura, and for many workers in Sardinia, who in many cases find stable and annual employment in Porto Cervo and in many other seasonal jobs.
"We strongly wanted to reopen all our activities in advance of most of the main tourist destinations in the Mediterranean - says the CEO of Smeralda Holding, Mario Ferraro - to support the sector and restart the local economy at a very difficult time, although in reality the destination will only start to fill up from July 10 onwards. Thanks to its characteristics, the Costa Smeralda, with its uncontaminated nature and low tourist density with large spaces that are never crowded, is the ideal destination to spend a safe and peaceful holiday".
Controlled by the sovereign fund of Qatar, Smeralda Holding is the main consortium member and controls four hotels (Cala di Volpe, Cervo, Romazzino and Pitrizza), the marina of Porto Cervo, the Pevero golf course, shops and 2300 hectares of unused land. "We have an average of 1000 employees in season and 84% of them are Sardinian - they let the company know -. We pay salaries in Sardinia for 23 million a year and we purchase goods and services from Sardinian companies for 26 million a year". The attendance during the 2019 season in the four hotels were almost 92 thousand - said CEO Ferraro at the Cipnes Gallura -, of which over 23 thousand at Cala di Volpe, over 22 thousand at Cervo, almost 22 thousand at Romazzino and 14 thousand at Pitrizza.
Another historic player in the Costa Smeralda's economy is the Yacht Club "Costa Smeralda", which deals with the hotel industry and the organisation of world-class regattas. "We reopened the structure and all the activities in safety on June 20th," said Commodore Riccardo Bonadeo. "During the period of forced closure, all the provisions were implemented and adapted to the reality of the YCCS to ensure members, guests, partners and staff, safety and peace of mind during their stay on the Costa Smeralda. The extension of the season until the end of October is also confirmed, in the hope that this decision will have a positive impact on the territory and can be a driving force for the various local tourist services. The extension of the YCCS opening period will also allow the regattas to be held in late October".
The quays of the luxurious and exclusive Porto Cervo marina, where there are numerous activities starting from Insula, will therefore be animated by an international customers from July 3 (departure day of the European Cup Smeralda 888) until October 15 (with Sailing Champions Leauge). In between, there will be the prestigious Maxi Yacht Rolex Cup (30 August) and Rolex Swan Cup (6 September).
Sailing and sailing are among the main voices of the economy of the Costa Smeralda and also of Gallura. The presence of numerous yachts - during the summer of 2019 their value was 4 billion - has increased the size of Gallura's companies, many of which are located in the boating district of Cipnes Gallura: in total there are 62, or 11% of the total, the majority percentage of companies located in the production area of Olbia.
Tourist ports and maxi yachts, the primacy of the Gallura region
In its coasts there are 46% of the berths in Sardinia. The giants of the sea create a millionaire economy
In the Gallura's economic system, the nautical and shipbuilding sector, closely linked to the tourism industry, assumes an important weight. Just as in the hospitality of Italian and foreign visitors, in the world of the sea Gallura holds the leadership in Sardinia: in its coastline 46% of berths and 44% of tourist ports are concentrated in Sardinia.
The data from the Ministry of Infrastructure and Transport, contained in the annual publication entitled "Boating pleasure in Italy", let us know that out of 13,800 marinas in Sardinia (including berths and moorings), over 6,000 are in Gallura, understood as the area of the 26 municipalities that made up the old province of Olbia-Tempio, and that out of almost 20,000 berths in Sardinia, over 9,000 are in Gallura.
Very interesting, for this aspect, is the data on berths over 24 meters, those intended for maxi yachts, real companies for the impact they have on the economy and employment. Gallura has 339 berths of this size out of 528 in Sardinia, equal to over 64% of the total.
Going into municipal detail, we see that the largest number of berths is in the municipality of Olbia: 2391 berths, equal to almost 26% of all Gallura. Among the ports, there are those of Porto Rotondo and Portisco. Immediately after Olbia, there is Arzachena with 1733 berths (almost 19% of all Gallura); among the marinas, that of Porto Cervo. In third place there is La Maddalena with 1455 berths.
The publication of the Ministry of Infrastructure also provides information about the number of vessels. We learn that in Sardinia there are 881 "sailing leisure boats" registered: of these 399 in the maritime compartment of Olbia (45% of Sardinia) and 93 in that of La Maddalena (10% of the total). There are 2995 "motorised pleasure craft" throughout Sardinia: of these 1650 are registered in the Olbia maritime area ( 55% of the Sardinian total) and 292 in that of La Maddalena (10% of the total).
These days the seas of Gallura are getting sailed by maxi yachts, many of which moor in Costa Smeralda and Porto Rotondo, as happened today with the arrival of Sailing Yacht A, the largest sailing yacht in the world. This is an important signal for the tourist economy in the strict sense of the word, but also for the nautical district of the Cipnes Gallura. In the production area of Olbia there are in fact 62 companies in the boating and shipbuilding industry, equal to 11% of all the companies in the Cipnes, which employ 374 people, equal to 8 of the total employment. Their activity is concentrated both in construction, storage and assistance.
This sector, which continues to grow throughout the world, is one of the most encouraging for the recovery and strengthening of the Gallura economy. As analyzed by a study by Carlo Marcetti and Francesca Palmas from the University of Sassari conducted on estimates by Federagenti in 2015 - "a superyacht from 30 to 60 meters in length, on average generates an annual expenditure of 2.35 million euros, employs 15 crew and among maintenance workers, electricians, technicians, on-board suppliers, dealers creates an induced activity for about 75 families. A superyacht of 60 to 80 metres, on average, generates an annual expenditure of 3.95 million euros, employs an average of 25 men for the crew and creates a supply chain of 140 other workers".
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