Italy’s businesses enjoy ‘better than expected’ virus rebound

In the southern Italian town of Avellino, Salvatore Amitrano has been rushing to dispatch a backlog of deliveries since the country emerged from its strict coronavirus lockdown. Mr Amitrano and his two brothers run a multinational business producing components for household appliances with annual revenues of about €25m. His company Pasell Group, which has plants in Italy, Turkey, Slovakia and Poland, registered year-on-year sales drops of up to 50 per cent in March, April and May as Rome imposed some of the most stringent antivirus measures so far seen in a western democracy.