News

2020-06-25 00:00:00.0

The 55 members of this association are CEOs and chairs of major European multinationals

Ignacio Galán, was the only Spaniard at the virtual meetings of the ERT in which Frans Timmermans and Paolo Gentiloni took part

Ignacio Galán

Ignacio Galán, chairman of Iberdrola, was the only Spaniard at two virtual meetings of the European Round Table for Industry (ERT), a forum whose members include CEOs and chairs from around 55 of Europe’s largest companies..

During the morning meetings, which were attended by Executive Vice-President of the European Commission Frans Timmermans and European Commissioner for Economy Paolo Gentiloni, respectively, attendees discussed the importance role to be played by European business community when rebuilding the European economy after the crisis caused by the COVID-19 pandemic, underlining the need for everyone to work for a green recovery.

The European Round Table for Industry (ERT) was founded in 1983. Today, ERT members include the CEOs and chairs from around 55 of Europe’s largest companies from major European multinationals, covering a wide range of industrial and technological sectors.

There are four leading Spanish companies among the major firms with representatives at the ERT. These are Telefónica, Inditex, Ferrovial and Iberdrola, whose chairman, Ignacio Galán, is also an ERT member.

There are ERT member companies all over Europe, including the United Kingdom. They provide 6.8 million jobs on the European continent, with over 2 billion euros of combined revenues. Together they invest over 50 billion euros per year in R&D&i, mainly in Europe.