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EcoMin says special attention should be paid to energy price to avoid industry relocation
Romanian Economy Minister Andrei Gerea said at the European Union Competitiveness Council meeting in Brussels that it is very important to avoid the relocation of the production facilities in various industrial sectors and, therefore, special attention should be paid to the energy price, the Economy Ministry said in a release.
At the Dec. 2 gathering, Gerea stressed the Competitiveness Council should take upon itself a major role in order to boost the European competitiveness agenda and he underscored that some fields, particularly those having high potential for growth and the creation of jobs need enhanced attention, the more so at this phase of recovery. It is notably about such sectors as services, transport, energy and digital economy, he added.
The Romanian official pointed out that equally important is the close monitoring of the results of research-innovation, both in view of the use of resources and of the manner that the results of such activities are actually implemented.
The ministers attending the Competitiveness Council meeting also tackled the defence industry matters on the sidelines of the event.
Gerea highlighted the importance of keeping and developing a powerful industrial base in the EU and expressed the view that it is crucial the industrial policy aimed at the defence sector should also address the issue of the gap separating the main manufacturing countries from the other states.
Furthermore, given that the Romanian small and medium-sized firms account for 60 percent of the country's defence industry, the minister welcomed the Competitiveness Council's plans to smooth the small businesses' access to the procurement and funding chains.