Ramping up Africa’s vaccine manufacturing capability is good for everyone. Here’s why

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Seth Berkley, Chief Executive Officer, Gavi, the Vaccine Alliance Today, Africa only produces about 0.1% of the global supply of vaccines. This is a market failure which has cost lives and urgently needs to be fixed. More than […]

The future of manufacturing is powered by data and analytics. Here’s why

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Memia Fendri, Initiatives and Community Lead, Advanced Manufacturing and Value Chains, World Economic Forum, Felipe Bezamat, Head of Advanced Manufacturing Industry, World Economic Forum, Ruben Behaeghe, Project Leader, Boston Consulting Group The manufacturing industry is on the verge […]

EU strengthens partnership with WHO to boost local manufacturing and access to vaccines, medicines and health technologies in Africa

This article is brought to you in association with the European Commission. The Commission and the World Health Organization (WHO) are strengthening their partnership to improve equitable access to safe, effective, and quality-assured vaccines, medicines and health technologies in Sub-Saharan Africa, Commissioner for International Partnerships Jutta Urpilainen and WHO Director-General Dr. Tedros Adhanom Ghebreyesus announced today […]

Balancing the manufacturing ecosystem in a globalized world

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Revathi Advaithi, Chief Executive Officer, Flex, Revathi Advaithi, Chief Executive Officer, Flex COVID-19 disruptions forced seismic changes to global supply chains. Rebalanced value chains can improve resilience and sustainability while reducing costs and creating jobs. Public-private partnerships will […]

Carbon-neutral manufacturing is possible: here’s how

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Stefan Klebert, Chief Executive Officer, GEA Engineering and manufacturing can make an essential contribution to achieving net zero. Engineers must focus their efforts on reducing carbon emissions, increasing energy efficiency and improving customer relations. Plants such as innocent’s […]

Countries must rethink tariffs on bio-manufacturing

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Thaddeus Burns, Head of Life Science Government & Public Affairs, Merck & Jennifer Brant, CEO and Founder, Innovation Insights COVID-19 has shown the global manufacturing capacity for vaccines, therapeutics and diagnostics is insufficient to support an effective pandemic […]

Here’s why human-robot collaboration is the future of manufacturing

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Patrick Sobalvarro, CEO and co-founder , Veo Robotics COVID-19 has highlighted the need to create more resilient supply chains and the importance of human workers. Automation alone can be expensive and inflexible, because robots are typically designed to […]

Why sustainable manufacturing makes economic as well as ethical sense

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Derek O’Halloran, Head of Shaping the Future of Digital Economy and New Value Creation, World Economic Forum & Francisco D’Souza, Co-Founder, Cognizant; Fellow, World Economic Forum The pandemic has forced manufacturing to change at an unprecedented rate. We […]

Commission and EIB provide CureVac with a €75 million financing for vaccine development and expansion of manufacturing

This article is brought to you in association with the European Commission. European Investment Bank and CureVac sign €75 million loan agreement for the development and large-scale production of vaccines, including CureVac’s vaccine candidate against SARS-CoV-2 The EIB loan will support CureVac’s activities to complete its new messenger ribonucleic acid (mRNA) production facility in Tübingen, Germany […]

The future of manufacturing is smart, secure and stable

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Erik Josefsson, Head of Advanced Industries, Ericsson Manufacturers today are seeking efficiencies in production, and the ability to deliver a broader mix of customized products to their customers. They know that staying competitive will require operational processes and […]

Manufacturing is finally entering a new era

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Erik Mirandette, Head of Customer Team, Tulip Interfaces Manufacturing is in the midst of a period of unprecedented change, as we transition from the industrial age to the information age. The manufacturers that will prove best able to capture […]

4 ways 3D printing can revolutionize manufacturing

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Authors: Hugo Da Silva, Vice-president of additive manufacturing, DSM These are exciting times in additive manufacturing (AM) – the process of building objects by 3D printing – as the industry moves from prototyping and design towards production at scale. […]

People, not technology, shape the future of manufacturing

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Torbjørn Netland, Chair of production and operations management, ETH Zurich & Lino Guzzella, President, ETH Zurich These are exciting times for manufacturing. A plethora of recent technological developments creates radically new opportunities for how we develop, manufacture, and […]

Brexit kick-off: a historic day for the EU anticlockwise

The beginning of the two-year negotiations is about to begin as UK submits today the letter to the EU today informing the latter about the decision of the British people to leave the bloc. However, it is still too early to say whether a deal will be reached within the timeframe that is set in […]

No recovery for EU economy in sight and a Brexit can aggravate things for everyone

The Eurozone economy doesn’t seem able to gain a sustainable growth path, despite the hundreds of billions that, lately, European Central Bank has injected into the financial system. Analysts say, though, that ECB’s intervention came too late. There is more bad news for the real economy coming from the prices front. Last week, Eurostat, the […]

Eurozone stuck in a high risk deflation area; Draghi expects further price plunge

This newspaper has been following very closely the Eurostat statistics, including inflation, which paint an accurate picture of Eurozone’s economic condition. Then, not without good reason, during the last few months or even years the European Sting didn’t share the reserved optimism of Brussels about euro area’s prospects and unfortunately Eurostat confirmed this prediction once […]

Five-year low inflation for Eurozone and now Mario has to finally wake up the Germans

The European Central Bank’s (ECB) governing council is gathering today in Naples to discuss the monetary policy just two days after the publication of the flash estimate of the annual inflation of the Euro area by Eurostat, the statistical office of the European Union. The inflation is expected to be 0.3% in September, a 0.1% […]

Industrial price dive may lead to point of no return

Last Monday, Eurostat, the EU statistical service issued data on June industrial price developments (0.1% month to month), actually showing stagnation in relation to May. It is more alarming to observe though that all along the first five months of 2014, from January to May on a month to month basis, industrial prices had been […]

Economic sentiment and business climate stagnate in miserable euro area

Tantalizingly slow proves the tempo of Eurozone’s economic resumption, if such a thing exists at all. According to the European Commission Directorate General for Economic and Financial Affairs (ECFIN), “in January the Economic Sentiment Indicator (ESI) increased by 0.5 points in the euro area (to 100.91) and by 0.9 points in the EU (to 104.7)”. […]

Towards a seamless internal EU market for industrial goods

Twelve years after the ‘internal market’ initiative launched in 1992, with which the European Union erased the technical, fiscal and any other barrier impeding the internal circulation of goods within the boundaries of the club, and still there are impediments to the free internal circulation of industrial products. The European Commission in order to neutralise […]

Eurozone has practically entered a deflation trap

With consumer price developments in Eurozone remaining below the one percentage unit for many months now, disinflation (falling inflation) is just some decimal points away from deflation (negative inflation). Yesterday, Eurostat, the EU statistical service, released its estimate for the December headline inflation at 0.8% , down one decimal point from 0.9% in November. This […]

Mixed news about the Eurozone economy

According to a flash estimate released by Eurostat, the EU statistical service, Eurozone annual inflation was 0.9% in November, slightly higher than 0.7% in October. Excluding the items under the categories of energy, food, alcohol & tobacco, the November inflation rate is thought to have been 1% after 0.8% in October. Price developments in the […]

Eurozone to enter the winter…

Euro area annual inflation and its main components (%), October 2012 and May – October 2013. On many occasions during the past few months the European Sting has concluded that the ongoing deceleration of inflation in Eurozone is a bad omen. Last time it was on Friday 1 November when Eurostat announced its flash estimate for […]

Why European manufacturing SMEs in the South face fatal dangers

During this week in Brussels there was a lot of talk about Europe’s industrial competitiveness. The Competitiveness Council, part of the Council of the European Union, is currently meeting in Brussels, on September 26-27, for the first time formally under the Lithuanian Presidency. This Council brings together the EU ministers responsible for the single market, […]

High-technology manufacturing saves the EU industry

According to a study by Eurostat, the EU statistical service, high and medium technology industries saved the manufacturing sector from a much larger fall during the difficult crisis years from 2008 until 2010. Still, the industrial sector has not yet fully recovered and in January 2013 compared to December 2012, seasonally  adjusted overall industrial production fell […]