European Round Table of Industrialists - ERT: For Wealth Creation and Competitiveness

ERT: For Wealth Creation and Competitiveness

ERT Members share at least two profound convictions about the benefits of the European Union and the role of business within it. Firstly, they believe that a dynamic, wealth-producing industrial sector benefits society as a whole. Secondly, they believe that wealth creation in Europe, now strongly supported by the European Union’s Single Market, will be strengthened if the Union achieves greater dynamism and competitiveness.

European industry cannot flourish unless it is competitive with other businesses around the world, but competitiveness cannot be solely determined by the efforts of industry. The prevailing economic and social policy framework is crucially important, and must be flexible enough to adapt to changes in global conditions. ERT constantly urges policies which provide that flexibility and enable European companies to build and improve the competitive strengths, which a Single Market of 500 million citizens and more may offer.

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