Alcomet - Providing opportunities

Alcomet participated in a distinguished economics forum to the Competitiveness Council

February 2, 2018
Alcomet participated in a distinguished economics forum to the Competitiveness Council

The Chairman of Alcomet AD Managing Board Huseyin Yorucu presented one of the leading reports during the conference. Its topic was “Value added Investments and Sustainable Development”. The conference “Innovations for competitiveness. Basic Industries as an instrument for growth” was held by representatives of the Bulgarian industry as part of the Bulgarian Presidency of the Council of the European Union. This was one of the most significant events related to European industry development. The event was held on January 31st at “Sofia” Hall in Marinela hotel, Sofia.

The delegations attending the meeting of the Informal Competitiveness Council of the EU were present, together with European Commission representatives, deputies and business representatives. Emil Karanikolov, Minister of Economics, opened the conference. He stressed that during the Bulgarian Presidency the efforts to formulate common long – and short-term aims for development of common EU industrial policies will continue. Minister Karanikolov underlined that during the presidency there is focus on the creation of unified digital market aiming to increase competitiveness of the European economics. This could be achieved by encouraging the economic interest and growing the user opportunities for appropriate Internet usage.

Eric Mamer, Chairman of European Commission’s Directorate for Competitiveness and European Semester, greeted the participants. Presenters at the event were the Managing Directors of the European branch organizations such as The European Chemical Industry Council (CEFIC), the European Association for Steel (Eurofer), the European Association of Non Ferrous Metals (Eurometaux) and the International Federation of Industrial Energy Consumers (IFIEC).

The main topics of the conference were dedicated to EU politics and Bulgarian presidency priorities, which influence industry competitiveness – such as digital economics, high-tech processes and value chains and circular economics, investments in new products and sustainable development. Leading Bulgarian companies presented their great achievements and good practices in production of ferrous and non-ferrous metals and chemical products. Huseyin Yorucu

mentioned in his report about the investments made into the company from its privatization until nowadays. He also talked about the new project for renewing the production variety of the company which will cost nearly 80 million BGN and the economic and market impact of the project. The conference concluded with a closing document which will be presented as a base for the discussions about industrial policies of EU. Such discussions will be held by the Economics Ministers of the EU Member States during the Informal Competitiveness Council.