Internal Market, Industry, Entrepreneurship and SMEs

Industrial policy

Industrial policy

The European Commission is investing in EU industry for a modern, clean and fair economy. We promote industrial competitiveness through many of our major initiatives and aim to empower citizens, revitalise regions and have the best technologies for the smart, innovative industry of the future.

EU Industry Days

EU Industry Days are the main EU platform for discussion and dialogue on the future of EU industry.

Co-created with main industrial stakeholders they gather thousands of participants across Europe. See the discussions from the 2017, 2018 and 2019 editions.

Industry is the engine of innovation, productivity growth and exports. It offers quality jobs to Europeans.

However, our industrial structure is undergoing deep transformation driven by digital and other new technologies, and new business models. So a modernisation effort is required to ensure that our industry stays competitive in global markets: we must embrace technological change; integrate products and services; develop technologies that use less energy, reduce waste and avoid pollution; and invest in a workforce with the right skills.

In September 2017 we outlined a renewed industrial policy strategy that brings together all existing and new horizontal and sector-specific initiatives into a comprehensive industrial strategy.

Our strategic approach to industrial competitiveness aims to empower citizens, revitalise regions and have the best technologies for the smart, clean and innovative industry of the future. 

A future for people

Revitalising our regions

  • Developing clusters - groups of enterprises and related supporting actors cooperating together in a particular location - to facilitate cooperation between businesses, investors, universities and research centres
  • Encouraging partnerships between local industries via thematic smart specialisation platforms
  • Supporting regional transformation via smart specialisation strategies and the European Structural and Investment Funds

Technology leading the way

Preparing the future for EU industry

Industry 2030 High Level Industrial Roundtable

The Industry 2030 High Level Industrial Roundtable was established by the European Commission in December 2017 to provide independent advice on future EU industrial policy action. It consists of 20 experts representing small and big businesses, traditional and disruptive industries, trade unions, the innovation and research community, as well as finance and academia. In June 2019, the group published its final report, 'A vision for industry until 2030'.  

Industry 2030 High Level Industrial Roundtable

Strategic Forum for Important Projects of Common European Interest

The objective of the strategic forum, which consists of 45 members representing EU countries, industry and the research community, was to identify key strategic value chains in Europe and propose a common vision for joint actions and investments between the EU, member countries and industry.

These strategic value chains are interlinked and integrated industrial activities with great potential to contribute to Europe’s green and digital transformation, and to improve Europe’s industrial competitiveness. The forum analysed several European industrial value chains and selected 6 strategic value chains where further joint and coordinated efforts are needed

  • connected, clean and autonomous vehicles
  • hydrogen technologies and systems
  • smart health
  • industrial internet of things
  • low-CO2 emission industry
  • cybersecurity

The strategic forum’s report, published in November 2019, identifies enabling actions for these strategic value chains, which range from joint investments, and consolidation of the single market through regulations and standards to the development of new skills. The report also calls for an agile governance process to monitor technological and industrial developments, to identify emerging strategic value chains and to monitor and evaluate the progress of work on these value chains.

Other initiatives

The Commission promotes industrial competitiveness with all its major initiatives: the investment plan for Europe, the single market strategy, the digital single market strategy, the circular economy package, energy union, capital markets union, the new skills agenda for Europe, and the trade for all strategy.

We also take sectorial action if needed: from cars to steel, and space to defence - see Industry in Europe: facts and figures.