ERT is an informal forum bringing together around 45 chief executives and chairmen of major multinational companies of European parentage covering a wide range of industrial and technological sectors. Companies of ERT Members are widely situated across Europe, with sales to EU customers exceeding € 1,000 billion, thereby sustaining around 6.6 million jobs in the region.  

European industry cannot flourish unless it can compete in a global economy. This capacity to compete cannot be determined solely by the efforts of individual companies. The prevailing economic and social policy framework is crucially important and must be flexible enough to adapt swiftly to changes in global conditions. ERT Member Companies’ actions help to strengthen and support some of the key enabling conditions which trigger innovation and entrepreneurship elsewhere in the economy. Enabling conditions are part of the external business environment within which economic activity takes place, and are the result of actions undertaken by governments, public institutions and those in private sector.

ERT therefore advocates policies, at both national and European levels, which help create conditions necessary to improve European growth and jobs.