Turin is a major manufacturer centre, home of Fiat automotive company, one of the ten world's largest.
In 2010, the city generated a GDP of $58 billion, ranking as the world's 78th richest city by purchasing power. The city has been ranked in 2010 by GaWC as a Gamma-world city.
Other notable companies operating in Turin are Lancia, Pininfarina, Bertone, Sparco, Italdesign, Ghia, Fioravanti, Stola, Intesa Sanpaolo, Reply S.p.A., Borbonese, Superga, Kristina Ti, Fisico, Kappa, Invicta, Laura Tonatto, Nicolao Profumiere, Xerjoff, Repossi, Mattioli, TataBorello, Lavazza, Martini & Rossi and the chocolate factories Caffarel, Streglio, Domori, Guido Gobino, Venchi, Peyrano Pfatisch.
The city is also well known for its aerospace industry (Alenia). The International Space Station modules Harmony, Columbus, Tranquility, as well as the Cupola and all MPLMs were produced in Turin. The future European launcher projects beyond Ariane 5 will also be managed from Turin by the new NGL company, a subsidiary of EADS (70%) and Finmeccanica (30%).
Tourism
Turin, as the former capital of the Kingdom of
Sardinia, is home of the Savoy Residences. In addition to the
17th-century Royal Palace, built for Madama Reale Christine Marie of
France (the official residence of the Savoys until 1865) there are many
palaces, residences and castles in the city centre and in the
surrounding towns. Turin is home to Palazzo Chiablese, the Royal
Armoury, the Royal Library, Palazzo Madama, Palazzo Carignano, Villa
della Regina, and the Valentino Castle. The complex of the Residences of
the Royal House of Savoy in Turin and in the nearby cities of Rivoli,
Moncalieri, Venaria Reale, Agliè, Racconigi, Stupinigi, Pollenzo and
Govone was declared a World Heritage Sites by UNESCO in 1997. In recent
years, Turin has become an increasingly popular tourist destination,
ranking 203rd in the world and 10th in Italy in 2008, with about 240,000
