European Round Table of Industrialists, ERT

European Round Table of Industrialists logo (Photo:

European Round Table of Industrialists, ERT

An influential lobby group of industrialists that made the first proposals for the internal market, the single currency, the enlargement of the EU and most other important steps on the way towards the merging of the European states into supra-national integration.

The ERT website describes the RT as “a forum bringing together around 50 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 a combined turnover exceeding € 1,300 billion, sustaining around 6.8 million jobs in the region.

They invest more than €51 billion annually in R&D, largely in Europe; which is equivalent to 18% of total EU R&D expenditure”.