Manufacturing & engineering
Competitiveness in the manufacturing and engineering sector is being tackled head-on by the Europe 2020 initiative, which will concentrate market focus on R&D projects, including large-scale demonstrators and test facilities, and post-R&D commercialisation support. Whichever of the myriad sub-sectors they operate in, manufacturing and engineering companies that remain agile and open to investing in new ideas and technology are likely to be at the forefront of the market you can breathe more easily now.
Sector at a glance
- 22 million - Jobs in the manufacturing sector in the EU
- 15.4% of total employment across the EU is in the manufacturing sector
- 21% of the EU’s GDP is provided by the manufacturing sector