Taavi Madiberk, CEO and Co-Founder of Skeleton technologies, was speaking and debating yesterday at the EU Industry day in Brussels on the EU Commission's strategic approach to industrial policy and actions in regards to developing industrial competitiveness of the EU market.
Skeleton Technologies, as one of the major Estonian success stories along with for example Skype and Transferwise, have benefited from the growing European market and free flow of goods and services, but as it is with both business and politics, growth doesn't just happen - hard work is needed.
"Skeleton has grown from a small room of 20 square meters and 4 people to a leading European ultracapacitors manufacturer with two factories in Germany and Estonia, 100 people, and a strong customer base ranging from European Space Agency to Tier1 automotive organizations."
Quoted Mr. Madiberk, CEO and Co- Founder at Skeleton Technologies.
Our times are lived in the midst of vast environmental issues inherited from the past and aggravated by the present use of fossil fuels. Skeleton's aim is to be part of the solution for climate change by proposing smarter ways of managing energy.
Europe has a historical chance to become the global leader in batteries and ultracapacitors, it has the strong R&D and engineering base needed. In order to achieve this, the necessary policy needs to be in place to not be left behind by China, Japan, Korea, and the US.
Business is done by entrepreneurs, but without the right policy, the market barriers are holding back the speed at which business can be scaled up.
EU-level policies have a big impact on how quickly and aggressively companies operating within the European market will adopt energy-saving measures in their production and operations, and it is of course in our interest to highlight the importance of energy savings - Skeleton's core expertise.
The initiatives from the European Investment Bank, EIT InnoEnergy and European Commission have been important in ramping up Skeleton's growth and leveraging private capital investment.
If in Europe we want to win and become a global leader in energy-saving solutions, we need to double down on the policy.
