ISONTINE ECONOMY: MYSTERIOUS SITES AND LOTS OF UNANSWERED QUESTIONS

05/09/2019

The second paper of the famous Gorizia Fund is aimed at deepening in a more analytical way all the funds given to companies and public institutions in the former Province. The analysis deepens and compares two economic years, the first, relating to the year 2017, and the second, the following one. We specify, all the data recovered and analyzed by us, come from the web page of the Chamber of Commerce of Venezia-Giulia: the difficulties in finding and analyzing the data, arose immediately, just click on the page of the Chamber and search.

The website is rather obsolete, despite some changes were made not so long ago. In addition, the difficulties in finding data reoccur when one decides to make an analysis of the data, because the system does not present a very concise table in an easily downloadable format, as usual in other comparable realities. One who does not chew enough Office programs (Excel in particular), remains bewildered. Anyway, try to believe, let's not dwell on that. Let's just hope that these are just oversights and nothing else.

The year 2018, records a figure close to seven million euros (7,013,943.39€), recording a relationship between contributions and loans of 60%/40%, 3.9 and 3.1 million, respectively. The grants and soft loans are used to finance projects of potentially high economic importance within our Province, let's say it, of Gorizia. In addition, as reported in the first post on the issue of the Fund, we highlight the great success of the Fund, which, according to experts, was able to ensure a very important economic impact, of over 400 million, in the period 2009-16. So it seems that this money has (been) well spent. We also missed it. On the other hand, it is also true that all the economic sectors in Gorizia and Province 8 and in the region, with some very rare exceptions) have the minus sign. Today's Piccolo reports the crisis of handicrafts in the region, which affects the Isonzo region more than the other provinces with 104 closures of activity in the first half of 2019 alone.

The data pertaining to the year 2018 and relating only to the contributions received (therefore no loans), see in the first place (surprisingly), the Municipality of Ronchi, as this city has managed to attract resources in excess of one million and one hundred thousand euros, far ahead of the competition. A figure that highlights the growing entrepreneurial vein of the Monfalconese, monopolized by the giant Fincantieri. We specify that many investments were attracted thanks to the Consorzio Bonifica Pianura Isontina, which is based in Ronchi. The second position, to be precise, goes to Gorizia (but be careful, in conjunction with Trieste: is it Portorosega integrated into the Trieste port system? It would be nice to know) followed by Gorizia town and Monfalcone. 

However, the interesting part comes now. Analyzing well, we can see quite particular data. It is clear that in the previous year (2018), economic realities were financed even outside the so-called Province. It can be seen, that some companies reside in the Province of Udine or even outside the region. We specify, these companies will have had all the legal and procedural reasons to apply for funding, perhaps for work carried out in the Province and/or similar reasons. However, it is strange that even extra-provincial realities were financed at the expense, perhaps, of companies and provincial bodies: it is a question.

Another very important question, but still without answers, is the question of where the funds came from. We know that in order to function, every fund needs financial resources that are necessarily available from the state - from the citizens. Once, the funds came directly from Rome, then from the local excise duties on gasoline and from the Region, however, the Region has stopped funding the Fund and we only have to think about the local (municipalities) realities. However, this data is not (to us) available, but it remains central in understanding the true nature of the Gorizia Fund, its monetary holdings and the Provincial Question in its entirety.

We are waiting for some answers.

Martin Novak - Gorizia3.0