Position of the European engineering industries as standardisation’s main stakeholder on the implementation of the European standardisation package

Industry is the main stakeholder in standardisation; it invests an estimated 1 billion euro per year in standards development and purchase of standards and thereby covers between 90 to 95% of the total cost of standardisation in Europe.

Our industry is a long lasting supporter of the European standardisation system, which in our view is a useful instrument to boost performance of European Industry while addressing the Commission’s objectives in the framework of the ‘New Approach’ (2008 New Legislative Framework).