Imagine FOF 2020 Conference - Factories of the Future

As part of its European Economic Recovery Plan, adopted in November 2008 to tackle the global economic downturn that badly affected key sectors of European industry, in early 2009 the European Commission launched three public-private partnerships (PPPs).

These PPPs were designed to fund research and innovation in the manufacturing, construction and automotive sectors to boost competitiveness and increase employment. Progress over the past year shows the scheme is having a positive effect in manufacturing and in the automotive industry and is starting to boost energy efficiency in construction.

The Factories of the Future (FoF) PPP aims to support the development of enabling technologies to foster innovation in the EU manufacturing sector, in particular by SMEs as Manufacturing still played an important role in the European economy, constituting 21 % of the Union’s GDP. Some 230 000 enterprises, many of them SMEs, directly provided more than 30 million jobs – some 20 % of EU employment – with twice that number in related services. European manufacturing is also dominant in international trade, leading the world in areas such as car manufacture, machinery and agricultural engineering.

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