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Small and medium-sized companies in traditional sectors have lost the momentum to prepare for the next industrial revolution, Industry 4.0. 

For the first time since the financial crisis hit Europe six years ago, SMEs are creating jobs again. The “tentative green shoots of growth” of 2013 gained strength last year, adding more than one million jobs (1.3%), according to the 2015 SME report, presented on Thursday (19 November).

Image: “The future looks relatively bright” for SMEs, the European Commission concluded in a report, but the manufacturing sector is lagging behind. (EASME)