Europe prepares to strengthen its strategic autonomy
Informs D&B and elEconomista.es present the fifth edition of the Ranking ESP500, An essential guide to face the challenges of 2023 with the classification of the largest non-financial companies in Spain according to their income statements.
The national industry is facing a period of heavy investment this year with the intention of transforming an economy that is crying out for a strong industrial boost. Europe has put on the table an ambitious response to the US Inflation Reduction Act that must become support for ecological and industrial transformation.
The Sustainable Industry Act (Net Zero Industry Act) launched by the European Commission wants to reinforce strategic autonomy after the bitter lesson that the Russian invasion of Ukraine and Covid-19 have brought. Geopolitical dependence, caused by the lack of access to critical materials or renewable energy technology, poses a significant risk for member countries that must face these challenges as quickly as possible.
To achieve this, Brussels has put on the table a battery of measures that will be substantiated during the second half of this year, taking advantage of the Spanish presidency of the European Council. These advances should facilitate an improvement in the growth of companies that will be able to take advantage of new opportunities for collaboration and for whose exploration this fifth edition of the ESP500 Ranking is especially useful.
The classification prepared each year by elEconomista.es together with Informs D&B It is claimed as a very useful tool to fly over the Spanish economy. The data collected here can help the businessperson or entrepreneur make strategic decisions or identify new business opportunities. Creativity and the capacity for innovation are increasingly essential to achieve sustained and sustainable growth in the income statements.
Follow the progress and changes of this Ranking ESP500 It means having a real thermometer of the advances of the Spanish business fabric at a decisive moment for the European economies. As the President of the European Commission, Ursula von der Leyen, has assured, “the race has begun” and the countries that are capable of improving their competitiveness will be better prepared for the future. The single European market is now 30 years old and has reached the key point where a step forward must be taken or the progress made will be jeopardized.
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