In collaboration between the EIB and DG GROW, a workshop took place to present our new report “Navigating supply chain disruptions: New insights into the resilience and transformation of EU firms“. 

Over the past three decades, Europe has become deeply integrated into world trade and global production networks. But more recently, various crises – including the COVID-19 pandemic, the war in Ukraine and geopolitical tensions – have brought new challenges and shown that fragile and concentrated supply chains can expose firms and countries to high risks and dependencies.

Disruptions in logistics and access to raw materials, semiconductors and other inputs have become major obstacles for EU firms, so they have decided to redesign and derisk their supply chains. They have demonstrated remarkable agility, for example by investing in digital inventory and input tracking, increasing stocks and diversifying the countries they import from.

However, in a context of rising geopolitical uncertainty, more coordinated efforts across the EU will be needed to reduce strategic dependencies, increase resilience and build on the strength of the single market.