page_title: Legnano
section_title: Economy
hierarchical_section_title: Legnano / Economy
caption_attribution_description: English: Monument "Ai Caduti sul lavoro" made by Gianluigi Bennati as memorial for the occupational deaths for the assosiation A.N.M.I.L. (National assosiation of mutilated and invalid workers). The statue was set in Corso Italia in Legnano the 10 juni 1984.Italiano: Monumento "Ai Caduti sul lavoro" realizzato da Gianluigi Bennati per A.N.M.I.L. e posizionato il 10 giugno 1984 in Corso Italia a Legnano.
context_page_description: Legnano is an Italian town and comune in the north-westernmost part of the Province of Milan, about 20 kilometres from central Milan. With 60,259, it is the thirteenth-most populous township in Lombardy. Legnano is located in the Alto Milanese and is crossed by the Olona river.
  The history of Legnano and its municipal area has been traced back to the 1st millennium BC via archaeological evidence. Already in remote times, in fact, the hills that line the Olona proved to be habitable places. The town was established in 1261.
  Because of the historic victory of the Lombard League over Frederick Barbarossa at Legnano, it is the only town other than Rome named in the Italian national anthem. Every year the people of Legnano commemorate the battle with Palio di Legnano. In the institutional sphere, on 29 May, the date of the battle of Legnano, it was chosen as the regional holiday of Lombardy.
context_section_description: Agriculture of Legnano has been the basis of the economic development of the territory. First, it was affected by the process of mechanization and restructuring. Mechanization, thanks to the use of increasingly complex machinery, has led to an increase in agricultural production. In the 21st century it is no longer an important activity for the timber economy. The few areas free of construction and infrastructure are grown from cereals, mainly wheat and maize.
  The golden age of Legnano's industry began at the beginning of the 20th century and ended in the 1960s. The crisis progressively worsened, damaging the economy, employment and the industrial fabric. Many companies closed, especially in textiles, clothing and footwear, and many others were involved in a downsizing process. Between the 1980s and the 1990s there was a real phenomenon of deindustrialization of the territory, which was not accompanied by the birth of new activities. 
  Attempts have therefore been made to target the tertiary sector. However, these alternative fields did not lead to a sufficient rate of development to make up for the closure of industrial activities. It began at a time when the number of small businesses grew considerably. These processes continue to this day. 
  The municipality was home to the Banca di Legnano, a regional lender. Founded on June 11, 1887, on September 14, 2013 it merged with Banca Popolare di Milano. In 2008 it had 846 employees employed in 119 branches, mostly located in Lombardy.
caption: Monumento ai Caduti sul lavoro di Gianluigi Bennati
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