Gerhard Schröder, Dr. Uto Baader, Baader Bank, Martin Schoeller, President of Europe's 500 Photo: Europe's 500
European Growth Summit in the European Parliament in Brussels - Gerhard Schröder hands over prizes to European growth companies
Munich / Brussels - Europe's 500, the union of the top European growth entrepreneurs came on 3 February as part of the "European Growth Summit 2011" (European Growth Summit 2011) in the European Parliament in Brussels. The focus of the conference was on possible solutions to the obstacles that European growth companies stand in the way. The real economy may not suffer from undesirable developments in the financial industry. The White Paper was the Head of Cabinet of EU Commissioner for Enterprise and Industry, Antonio Preto, presented discussed and passed.
After the summit was the awards ceremony held at the fastest growing, job-creating companies in Europe. The awards were handed over by former German Chancellor Gerhard Schroeder, who spoke then about the strategic importance of European-Russian relationship.
The aim of Europe's 500 is to improve business environment and the conditions for economic growth and job creation in Europe. As part of the summit, the aim was also to entrepreneurs to help them rethink their strategies and to redefine and recommendations to the European Union on the basis of the conclusions to express their conversations, with particular focus on the possibilities of facilitating financing measures for the real economy and better support of exports was. The event brought together high-ranking officials from EU institutions and the media as well as entrepreneurs and experts to the table, who attended the conference and the awards ceremony.
The summit was opened with a welcome speech by Markus Ferber, a member of the European Parliament, followed by an introduction by Martin Schoeller, President of Europe's 500, and a keynote speech by Vincent van Quickenborne, Minister of Economy and Reform, Belgium. Antonio Preto presented the current initiatives of the Commission and welcomed the complementary and creative approaches of growth entrepreneurs. Four panels dealt with the consequences and increased difficulties in the area of financing growth (including the dilemma, in which there are banks, if they have to choose between the long-term value of loans and are inherent in the financial climate, short-term care) as well as possible solutions. Before an audience of business leaders exchanged opinions from a panel of European experts on how growth companies can be financed in the future after the global financial crisis.
Belonged to the panel
- Antonio Preto (Head of Cabinet of Antonio Tajani, EU Commissioner for Enterprise and Industry and Vice-President of the European Commission) - Dr. Ingo Friedrich (former Vice-President of the European Parliament) - Daniel Cloquet (Director of the SME Committee of BUSINESSEUROPE), - Dr. Gerd-Uwe Baden (Director of Euler Hermes Credit Insurance Company, France) - Dr. Norbert Rollinger (CEO R + V) - Philip Aminoff (President GEEF) - Hubert Reynier (Vice-President of the International Committee of Growth Plus, France ) - Brian Williamson (Director of "The Entrepreneurial Exchange", Scotland) - Juan Roure (co-founder of Europe's 500, IESE Prof.). The committee tried to address the challenge of stabilizing the banks and the state budgets while maintaining growth in Europe. These key players shared their experiences and tried to develop recommendations for decision makers to improve market opportunities for growth entrepreneurs.
Results of the ranking of the best growth companies: Since 1997 Europe's 500 determined the top European growth entrepreneurs, publishes them in a list, and records like this for their outstanding achievements in creating sustainable growth and jobs. Europe's 500 was supported by Dun & Bradstreet in preparing the list of the best growth companies in Europe on the basis of available data on millions of businesses. To be included in the list, companies must be managed in an entrepreneurial manner, be independent and employ over 50 staff. The best growth companies will be determined on the basis of their absolute and relative growth in terms of number of employees. Overall, 200 companies 2007-2009, almost 28 581 new jobs created. The number of employees amounted to a total of 175 671 in December 2009, total revenues amounted to € 37 566 billion. The company grew by an average of 71 employees per year and employ 878 workers. The average revenue per company amounted to 190 million €. Juan Roure, co-founder of Europe's 500, said: ". These are outstanding achievements when one considers that in the year 2009 in Europe, a negative growth was about 5%" in the composition of growth companies resulted in a shift in favor of the share service and to the detriment of the industrial sector. The growth was significantly lower than in previous lists, but still, despite the crisis in the double digits.
The growth companies are the engine for growth in Europe. You can help to define the conditions for more growth and jobs in the EU. Growth businesses are feeling the economic engines of the financing needs much more than the average for all firms. For this reason, Europe's 500 regularly organized the "European Growth Summit:
Martin Schoeller introduced the White Paper "White Paper" of 2011, contains the following recommendations:
First Development and publication of a regular multi-parameter HEALTHY NATION BENCHMARK for improving transparency and reducing speculation.
Second A breakdown of bank balance sheets, investment banks and commercial banks to protect commercial banks from the risks of investment banks. In addition, compliance with the Basel III criteria through a capital increase or subordinated bonds by assignment or duty to be done to prevent a reduction in lending due to Basel III.
Third Better access to export financing, to make Europe more competitive after the Chinese example. China is acting more entrepreneurially and makes himself a partner of international customers. This is an intelligent form of competition that makes the price war into the background. 1% increase in exports to GDP brings 2 million jobs.
4th Establishment of an insurance fund for investment loans to improve credit ratings of companies with medium-funding (Investment Credit Insurance Fund, ICIF). The summit was under the auspices of Markus Ferber, a member of the European Parliament, and Vincent Van Quickenborne, Belgian Minister for Economy and Reform and with the support of The Boston Consulting Group, Dun & Bradstreet, Plenum, Hill & Knowlton, White & Case, Alvarez & Marsal, LGT, Wealth Management and organized EurActiv. Source: Martin Schoeller (europes500)
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