Invitalia posts a profit of 9.16 million in its 2025 financial statements
The development agency has brought the financial year to a close having supported 62,000 business projects and mobilised 22.7 billion in investment, but there remains a wide gap between the number of tenders published and those awarded
Key points
The accounts are back in the black: a profit of €9.16 million for Invitalia’s 2025 annual financial statements, which were approved yesterday by the general meeting. The figure rises to €12.3 million when looking at the group’s consolidated accounts, which include its subsidiaries.
Over 62,000 business projects
Behind the financial figures, the agency claims a broad scope of activity: over 62,000 business projects supported during the year and €22.7 billion in public and private investment mobilised through its work. As per its mandate, its activities are focused primarily on Southern Italy.
Tenders
In the area of public procurement, where Invitalia acts as a central purchasing body and contracting authority, 303 tender procedures were published in 2025, worth approximately €3.3 billion. Of these, however, only 263 were awarded, with a total value of around €1 billion: just under a third of the value put out to tender during the same period was therefore finalised during the year; this discrepancy reflects the technical timelines of the procedures rather than a slowdown, but remains an indicator to be monitored in subsequent financial years.
Support for industrial crises
A separate chapter is devoted to support for industrial crises: working alongside the Ministry of Enterprise and Made in Italy in crisis task forces, the agency has carried out 21 interventions through the Business Safeguard Fund and the Cresci al Sud Fund, totalling €78.9 million, using a mix of equity and debt instruments.
Support for the Public Administration
Finally, Invitalia claims to play a supporting role in strengthening the administrative capacity of the public administration across 67 EU and national operational programmes, as well as making what is described as a significant contribution to the implementation of the most complex PNRR projects, where the agency acts as a centre of expertise in programme management.

