The European Commission under the European Strategy 2020 has established a goal to raise the industry contribution to GDP from 15.6% (2011) to 20% by 2020. The Industrial Policy Communication updated of October 2012 outlines a strategy to reverse the declining role of industry announcing actions in four main areas: Investment in new technologies and innovation; Access to Markets; Access to Finance and Human capital and skills.
Tionsclaíocht agus athruithe tionsclaíocha - Related Opinions
The European engineering industry (EI) plays a vital role in the economic recovery of Europe and the ambitious goal to increase the industrial output by 2020 to more than 20% of the GDP. However, more investment of companies is necessary to generate such growth, to reverse the current trend and to get people out of unemployment.
The Committee points out that despite it promising opportunities, the on-going crisis means that ship owners and SMRC shipyards are facing financing bottlenecks making business conditions difficult for companies and ever greater competition from third countries. SMRC sub-sector should work closely with the maritime value chain with the aim of raising its profile and obtaining support from the EU, the Member States and regions.
Planned obsolescence is associated with a form of industrial production that relies on a minimum renewal rate for its products. Although product renewal is necessary, certain abuses need to be addressed. The EESC would like to see a total ban on products with built-in defects designed to end the product's life.
A coherent Industrial Policy requires far better governance – the EESC position. The EESC welcomes very much the focused attention to Europe's industry, as expressed in the Commission's update on Industrial policy of October 2012. The present opinion insists on a change of mind-set in the Member States (MS) and the EU Council. It stresses the need of coherent decision-making on a wide variety of issues, and effective governance at EU level. Only then industrial policy can become a building block of an EU Growth Initiative of which there is still little effective action.