The Minister of Economy, Stefan-Radu Oprea, emphasized in a crucial meeting in Brussels, hosted by the Commissioners for Competition, Margrethe Vestager, and for Interinstitutional Relations and Forecast, Maroš Šefčovič, the problems generated by the energy crisis and the increase in inflation, for the steel industry, which is at the center of a dialogue essential to its future.
This meeting brought together unions, employers and executives from the sector, with the main theme being the clean transition of the steel industry. The current reality exposes the industry to various challenges, including the energy crisis, fierce competition from outside the European single market, rising inflation and fluctuating market demand.
Minister Oprea brought up Romania's experience, where, even in difficult conditions, production continued in Galati. "Last year, when the activity was temporarily suspended, we worked closely with the unions, management, local authorities and European parliamentarians to successfully restart production," the minister said, highlighting the ability to overcome crises similar to those in Poland or the Czech Republic, where some production capacities had to close.
In order to ensure a stable and predictable future, the minister emphasized the need for a European plan dedicated to this strategic industry. Flexibility in setting timelines for decarbonisation, adapting them to technological progress, particularly in the use of hydrogen and carbon capture and storage, was discussed.
In addition, Oprea pleaded for a geographical criterion in the allocation of funds from the Innovation Fund, underlining the need for greater cohesion with the states of Eastern and Central Europe. This approach would reflect the economic differences between member states and ensure a fair distribution of resources for development.
On the sidelines of the meeting, the minister visited the Sonaca company, which operates in the field of aeronautics and wants to expand production in Romania. "The potential of the aeronautical industry is huge in our country," said Oprea, highlighting the government's support for companies active in this sector, whether with state or private capital. There is considerable tradition and expertise in Romania for the production of aircraft and components, a growing sector that promises to contribute significantly to the national economy.
This meeting marks an important step towards establishing a sustainable and competitive future for the European steel industry, with Romania playing an active role in this transformation process.
