News

04.07.2013

Artikel Nummer: 2484

DG Enterprise and Industry releases survey of rail supply industry


A survey on the competitiveness of the European rail supply industry was presented by a representative of European Commission’s DG Enterprise and Industry at the European Rail Industry Association's recent 2013 general assembly in Vienna. The study concludes that more coordinated, long-term reasearch and development is needed so that the EU can maintain its competitiveness in the global rail supply industry. Furthermore, the survey highlights growing competition from Asian rail supply companies and argues that in addition to more investment in research and development, a level playing field must be established when it comes to the European rail industry accessing foreign markets—which must be as open as the EU’s to foreign competitors. (ben)

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