The large European industry meets this weekend in Bilbao with the energy crisis on the table




The top executives of the 60 main European industries meet this weekend in Bilbao called by the European Round Table (ERT), an organization based in Brussels, with the rise in energy prices on the table, as well as security supply of natural gas from Russia.

The members of ERT meet twice a year in plenary session and this time the host is Ignacio Galán, president of Iberdrola. In this organization, chaired by Carl-Henric Svanberg, former president of AB Volvo, there are also the CEO of Inditex, Pablo Isla; the president of Ferrovial, Rafael del Pino; and the president of Telefónica, José María Álvarez-Pallete.

This weekend, the vice president of the European Commission, Frans Timmermans, will participate in the sessions, and on Monday King Felipe VI will preside over a lunch that will be held in the Iberdrola tower.

The companies that make up ERT add five million direct jobs worldwide and 60,000 million euros of investment in R&D each year.

Among the members of the European Round Table and who will be present this weekend in Bilbao are Nils Smedegaard, president of Unilever; as well as the top executives of Basf, Martin Brudermüller; from Daimler Benz, Ola Hällenius; from Volvo, Martin Lundstedt; from Michelin, Florent Menegaux; from Siemens, Jim Hagemann; from Orange, Stéphane Richard; from Heineken, Dolf van den Brink; from Nestlé, Paul Bulcke; from Rolls-Royce, Ian Davis; from Ericsson, Börje Ekholm; from Airbus, Guillaume Faury; and Deustche Telekom, Timotheus Höttges.

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