Can European manufacturing industries boost competitiveness and productivity by embracing the circular economy? | News | CORDIS | European Commission
Manufacturing is a pillar of innovation and growth for Europe, providing over 32 million jobs and 16% of GDP; but outdated machinery and unplanned downtime can cause significant losses for companies and employees. To reclaim lost productivity and strengthen competitiveness, the European Commission asked innovators to improve industrial sustainability and unlock the potential of digital connectivity. A recently launched European project is looking to provide the solutions.