European Metal, Engineering, and Technology-based (MET) industries are facing crises, technological upheavals, ecological transformation processes, and trade and geopolitical conflicts. Regardless of this, the industry’s potential for innovation and value creation remains very high.
The EU aims to maintain its global leading role in the social sphere, alongside its established leadership in environmental matters. However, both require corresponding economic strength and performance. To achieve this, it is essential to create an environment that ensures the global competitiveness of companies. This requires support for the European MET companies that develop and produce solutions for energy transition and resilience.
Ceemet’s latest position paper aims to assess the current state of investment by companies in the MET sectors. It outlines recommendations to boost investment in Europe, thereby maintaining global competitiveness. Policymakers should create a favourable environment for the MET industries to achieve significant economic growth. This requires an environment where companies have the capacity to invest, grow, and prosper.
In the paper, Ceemet suggests a series of improvement areas and solutions, such as significant legislative simplification, the removal of administrative burdens, and the completion of the single market, particularly by reducing bureaucracy and providing easy and transparent access to targeted European funds. Ceemet also advocates for the strengthening of public and private investment, as well as a joint effort to build a skilled workforce. All of these actions should be undertaken in active collaboration with social partners.
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