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Internal Market, Industry, Entrepreneurship and SMEs
Alt nuachta26 Aibreán 2022Ard-Stiúrthóireacht um an Margadh Inmheánach, Tionsclaíocht, Fiontraíocht agus Fiontair Bheaga agus Mheánmhéide

Commission's event 'Clusters meet Baltic Sea Regions' to support businesses in the current geopolitical situation 

Starting today, the Commission and the European Cluster Cooperation Platform organise a two-day 'Clusters meet Baltic Sea Regions' event to support businesses affected by Russia's invasion of Ukraine. The two-day event takes place in Vilnius physically and online.

The first day of the event takes the form of a workshop, giving businesses, public authorities and other organisations an opportunity to discuss and share practices about how to respond to supply chain disruptions, loss of markets, price increases and other economic impacts of the war. The second day takes the form of a matchmaking event for companies, offering them opportunities to connect with one another and identify alternative suppliers, clients and business partners.

Addressing the workshop today, Commissioner Thierry Breton, responsible for the Internal Market said: “Russia's invasion of Ukraine again pushed the European economy into crisis mode. To ensure Europe's security and prosperity in an increasingly volatile world, we must continue building a resilient Single Market. Our Single Market is a tool of geopolitical importance as it can help to provide a safety net and cushion the economic impact by facilitating new opportunities and markets. This event shows how this can work in practice.” 

The two-day event aims to showcase how the Single Market can benefit businesses, especially by promoting solutions that also accelerate the green and digital transitions and help to reduce our strategic dependencies in energy and raw materials. The event will also pay special attention to the role of business clusters, which are well-placed to support the reshaping and strengthening of supply chains and securing alternative markets for affected companies. In particular, for the matchmaking, the event will focus on some of the most affected sectors of the economy such as the agri-food, automotive, chemicals, engineering, health technologies, industrial ICT and wood.

More information

Clusters meet Regions - Vilnius, Lithuania