ETRMA calls for “reindustrialisation” of Europe

Brussels – The European Tyre and Rubber Manufacturers’ Association (ETRMA) has urged the European Commission to remain committed to plans for the “reindustrialisation” of Europe.

The ETRMA, as part of the ‘European manufacturing industry’, made the call on 17 Feb ahead of the EC’s preparation of the EU’s ‘multi-annual financial framework’.

“At the beginning of his mandate, European Commission president Jean-Claude Juncker identified the reindustrialisation of Europe as one of his top priorities and confirmed the objective of increasing the share of industry in the European GDP to 20% by 2020,” said the ETRMA.

The group’s statement went on to say that it was vital for the EU to remain “a competitive global industrial power.”

In its recommendations to the EC, the ‘European manufacturing industry’, which represents a wide range of sectors, urged the commission to reaffirm its commitment to the target of 20% of GDP from industry within an “ambitious and realistic timeline”.

Also, it called on the Commission to adopt an ‘action plan’ to tackle the challenges that EU industrial sectors are facing and to commit to implementing this in a timely manner.

The signatories, including the ETRMA, then voiced their readiness to “step up” their cooperation within European institutions to help “safeguard the world leadership of European manufacturers and jobs in Europe.”