CECIMO's reply to the public consultation on EU 2020 Strategy
15 January 2010
CECIMO welcomes the opportunity to express the views of the European Machine Tool industry in the public consultation on “EU 2020: a new strategy to make the EU a smarter, greener social market”.
Like in most economic sectors, 2009 was a very difficult year for the European Machine Tool industry. Orders of new machines dropped by 60%, production fell by 37% year on year. Despite some recent positive indicators on business confidence as well as the good impact of some national stimulus plans on the capacity utilization of our end-user industries (especially in the car industry), CECIMO expects a difficult 2010, both in terms of production and employment levels.
As well as taking some short-term emergency measures to fight against low demand and unemployment, a long-term industrial strategy must be defined. The European machine tool industry supports the idea that the exit from the current crisis should be the point of entry into a new sustainable social market economy, led by innovation and knowledge.