Wednesday, 11 March 2020 11:36

European Boating Industry welcomes EU Industrial Strategy and SME focus

P040452 998658The European Commission released its flagship Industrial Strategy and SME Strategy yesterday. European Boating Industry (EBI) welcomes these and their potential to support the recreational boating industry in Europe to sustainably grow, create employment and further develop the sector’s global leadership and environmental transition.

The European Commission presented its new Industrial Strategy that recognises the value of industry and wants to support them in being “future-ready”. It aims to tackle the challenges of environmental transition, as well as digitalisation. It recognises Europe as the “home of industry” and industry as “central to Europe’s future progress and prosperity”. The strategy announces a number of initiatives to support industry to grow and maintain its leadership.

The European Commission also released its SME strategy at the same time. It aims to support small companies in transitioning to sustainability and digitalisation, as well as addressing regulatory burden and improving access to financing. EBI Secretary-General Philip Easthill commented on the announcement “The EU Industrial Strategy is an important step to ensure the long-term growth of Europe’s industry. With over 95% SMEs in the boating industry, we particularly welcome the focus on smaller companies that are the backbone of European industry. We look forward to engaging with the European Commission on shaping the industrial ecosystem in the boating sector and turning this strategy into concrete actions.”

EBI is a member of the Industry4Europe coalition of over 150 industry associations. Launched three years ago, it advocates for an ambitious industrial strategy that helps Europe remain a hub for a leading, smart, innovative and sustainable industry, and that provides quality jobs and benefits all Europeans and future generations. The Coalition published its Joint Paper ‘A long-term strategy for Europe’s industrial future: from words to action’ in which it presented concrete policy proposals.

 

 

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