The Aerospace and Defence Industries Association of Europe - 2020 Facts & Figures - AeroSpace and Defence ...
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
Words from the President The issue at stake is not only our industries’ short- term economic success, but Europe’s long-term technological sovereignty and competitiveness. 2019. Despite a mild recovery in sum- recovery and is indispensable in achiev- mer 2020, air traffic in Europe remains ing Europe’s post COVID-19 priorities, poised to drop by at least 60% by com- leading us back to industrial leadership parison to last year. Airlines grounded and strong international competitive- ASD President, Alessandro Profumo, CEO of Leonardo (almost) their entire fleets and still ness through a full involvement in suffer dramatic losses of revenue, with essential processes such as the digital immediate knock on effects on the transformation, the implementation of entire civil aviation value chain. the Green Deal and the future of global trade. Dear reader, The impact on aeronautics has consequences also on the other ASD A strong and sustainable European ASD represents the interests of the in 2019 and the outlook we had at sectors, as supply chains and tech- aerospace, defence, and security European aerospace, defence and the time. In the aftermath of the nologies are intertwined between aer- industry is at the heart of a strong, security industries. Our membership COVID-19 crisis, those figures have onautics, space, defence and security. united, technologically independent and consists of more than 3,000 companies become the very benchmark we should The issue at stake is not only our in- resilient Europe. This is also to the of all sizes with more than 890,000 target and, if possible, exceed for a full dustries’ short-term economic success, benefit of EU citizens and future gene- highly skilled employees across Europe. recovery. but Europe’s long-term technological rations. To continue its success story These companies are at the core of sovereignty and competitiveness. What in a fast-changing world and to fully European competitiveness, since their The pandemic represents an unpre- we need now is unfaltering support by exploit its strength for the benefit of our high-tech activities trigger spill over cedented crisis and has led to a sharp national and European institutions, and economies and citizens, it needs, more effects on several supply chains and downturn of the world economy. Air a general recognition of our industries than ever, a strong partnership with the economic sectors. traffic was one of the first and hardest as an indispensable asset for European EU and its Member States. hit sectors. By mid-April 2020, at the economy. The present edition of the ASD Facts & peak of the crisis, flights were reduced Figures, including all supporting texts, by almost 90% in Europe and world- Aeronautics, defence, space and ASD President illustrate the success of our industries wide if compared to the same period in security can play a key role for Europe’s Alessandro Profumo
EXPORTS 2019 Major trends in the European CIVIL AERONAUTICS 73% €109bn aerospace and defence industry MILITARY AERONAUTICS 15% €22bn As a major pillar of the European economy, the European aerospace and defence industry reinforced its position as LAND & NAVAL 12% global leader in the market in 2019. 890,000 highly-skilled €18bn employees in Europe Total exports TURNOVER 2019 EMPLOYMENT 2019 €149bn CIVIL AERONAUTICS 50% CIVIL AERONAUTICS 46% €130bn 405,000 MILITARY AERONAUTICS 18% sectors, blurring traditional civil and tary demand, as well as a stronger com- €48bn LAND & NAVAL 31% military boundaries along its eco- petition, economic uncertainties and LAND 17% 280,000 system. These flexibility and devel- complex security challenges. €42bn opments are considered within Facts MILITARY & Figures traditional methodology, This is the result of sustained competi- NAVAL 10% AERONAUTICS 18% as such the new baseline shall not tiveness driven by significant efforts in €26bn 160,000 be directly comparable with previous Research and Development (R&D) and CIVIL SPACE 4% editions. efficiency improvements of industrial €11.5bn SPACE 5% processes through digitalisation and MILITARY 47,400 Overall, the sector delivered strong cutting-edge technologies. Fostering SPACE 0.5% economic performances with increased innovation and technologies is essential €1.5bn Total turnover Total employment deliveries, export orders and backlog in order to deliver sustainable and com- €260bn 890,000 in most segments, in a global context petitive products and services that are marked by the growth of civil and mili- sold worldwide. Despite continued economic and political crucial for growth within the EU. In 2019, uncertainties, the aerospace and defence the sector sustained its leading role in industries continue to expand, following exports, amounting to €149bn. In this TURNOVER €bn EMPLOYMENT the growth trend of recent years. Year context, our industry generated a pos- to year sales growth for the industry as itive net trade balance to the European 60% sales increase and +186,000 jobs (2011-2019) 300 900,000 a whole amounted to 5.2%, with total economy. As our members are Hi-Tech revenue reaching €260bn. The number manufacturers, our industry is deeply 250 850,000 of employees also increased to 890,000 involved in the current technological workers marking new records for the transformation such as digitalisation, 200 800,000 companies represented by ASD. artificial intelligence (AI) and green 150 750,000 technologies. Therefore, its know-how The European aerospace and defence and capabilities gain a broader scope 100 700,000 industries plays a crucial role in leading than in the past, with new neutral tech- 50 650,000 global innovation and generating high- nologies and dual-use applications (i.e. skilled jobs. Our industry is amongst top R&D, platforms, services and support) leaders on the global markets which is fertilise transversally also in other 2011 2012 2013 2014 2015 2016 2017 2018 2019
E U RO P E A N C IVIL A E RO NAU TIC S SEC TO R Civil aeronautics REVENUE EXPORTS JOBS European civil aeronautics sector Supporting 405,000 jobs across Europe, the civil aeronautics € € sector is a world leader, generating high-skilled jobs, innovation 130bn 109bn 405k and sustainable growth in the EU. Supporting 405,000 jobs across flying objects, manned and unmanned, Europe, the civil aeronautics sector is along the life-cycle, i.e. the complete a world leader, generating high-skilled range of categories of commercial jobs, innovation and sustainable growth aircraft, business jets, regional jets, in the EU. general aviation, combat aircraft and trainers, as well as a broad range of In 2019, the civil aeronautics sector transport aircraft and rotor-wings, continued its growth with revenue training and simulation services, increasing by 3% to €130bn. This sector Maintenance Repair & Overhaul (MRO) remains by far the leading sector in and air traffic management ground aerospace and defence and accounts systems. for 50% of total industry revenue. The increasing global demand for mobility and the replacement of older aircraft, which use more kerosene, with the latest low-noise, fuel-saving genera- tion of aircraft continue to be the major drivers of growth. In 2019, civil aeronautics exports increased to €109bn, accounting for 83% of aeronautics exports. In general terms, exports provide an important net trade balance to the European economy. The activities of the civil aeronautics sector, including large companies as well as a great variety of small and medium-sized enterprises (SMEs), are spread across Europe and are concen- trating a full spectrum of technologies and integrated capabilities. The civil aeronautics sector includes all certified
EUROP EA N C I V I L A E R O NAU T I CS S EC TOR E U RO P E A N C IVIL A E RO NAU TIC S SEC TO R Future challenges European industry is playing a leading role to develop the future green tech- In 2019, nearly 4.5 billion passengers nologies for civil aviation. The support were carried by the world’s airlines. from the EU institutions through EU While air transport carries around 0.5% funded research programmes such as of the volume of world trade shipments, Clean Sky and SESAR are essential in it is over 35% by value – meaning this context. If Europe wants to meet that goods shipped by air are very its climate targets, it will be essential high value commodities, often times to safeguard funding for civil aviation perishable or time-sensitive. Over 66 research in the future Horizon Europe million jobs are supported worldwide Programme through providing at least in aviation and related tourism. Of this, €5 bn of public funding. European 10.2 million people work directly in the industry has started research on aviation industry (*source ATAG). electrification and hybridisation of civil aircraft along other potential options of fuel per 100 passenger kilometres. to reduce civil aviation emissions in SESAR Airspace Architecture Study. If aviation were a country, it would rank the longer term (including research on Solutions to make aircraft movements 20th in the world in terms of gross The civil aviation industry is very much hydrogen-based aircraft). emission-free when taxiing could also domestic product (GDP), generating aware that more needs to be done to be deployed faster based on economic $704.4 billion of GDP per year, con- decarbonise, in particular since aviation Moreover, improving the efficiency of incentives for equipped aircraft such siderably larger than some members continues to grow as result of economic the European Air Traffic Management as for example modulation of airport of the G20 (and around the same size growth and global trade (aviation is (ATM) System through the deployment charges. as Switzerland). By 2036, it is forecast expected to double in the next 20 that aviation will directly contribute of SESAR solutions and the imple- years). The civil aviation industry mentation of a Digital European Sky Europe should also become a centre of $1.5 trillion (compared to $1.5 trillion in became the first in the world to agree also has the potential to reduce CO2 excellence on sustainable alternative 2018) to the world GDP (*source ATAG). a comprehensive approach for reducing emissions by around 10%. In this con- fuels for aviation based on a strong its emissions. It is based on the ‘four text, it will be essential to incentive the European energy policy which should Worldwide, flights produced 915 million pillar strategy’ of technology, opera- quicker deployment of new technology incentivise the development and tons of carbon dioxide (CO2) in 2019. tions, infrastructure and a global mar- in line with the recent report from the deployment of those alternative fuels Globally, humans produced over 43 ket-based measure (CORSIA) setting a EU Wise Person Group on ATM and the which have the potential to drastically billion tons of CO2. The global aviation goal to half net aviation CO2 emissions reduce civil aviation emissions. industry therefore produces around 2% by 2050 (compared to 2005). of all human-induced CO2 emissions Finally, the EU should continue to work (*source ATAG). through the International Civil Aviation Organization (ICAO) to develop ambi- Civil aviation has shown a track record EXPORT tious global environmental standards of reducing its environmental footprint. CIVIL AERONAUTICS for international civil aviation. This The current generation of jet aircraft +12% includes the implementation of the are 80% more fuel efficient per seat first ever sectorial reduction scheme, kilometre than the first jets build in the CORSIA, as well as a global CO2 aircraft 1960s. Each new generation of aircraft certification standard. typically reduces CO2 emissions by COMPARED TO 2018 around 15-20%. Newer generation of aircraft generally burn around 3 litres
E U RO P E A N D E F E NC E SEC TO R Defence European defence sector REVENUE EXPORTS JOBS The defence sector remains essential as a contributor to our security and € € economic prosperity. In 2019, it supported roughly 440,000 high-skilled jobs in Europe. 116bn 40bn 440k Mirroring the differences in national 39.6% operate in the land domain, 30.5% defence spending, the European in air, 18.7% in naval, 7.8% in cyber, 3.4% defence technological and indus- in space). trial base is concentrated in the six so-called “Letter of Intent (LoI) coun- In 2019, the European defence industry tries” - France, Germany, Italy, Spain, generated a turnover of €116bn. Out of Sweden and the United Kingdom (UK). this total, €93.2bn came from compa- Smaller platform manufactures, equip- nies located in the LoI countries. Overall, ment suppliers and sub-suppliers as the European defence industry accounts well as niche producers exist also in for more than 20% of the global defence other parts of the EU. The total number turnover, which is far behind the United of SMEs doing business in defence is States (US) global market share (almost estimated at 2,000 to 2,500 (of which 60%). EUROPE’S TOP 10 DEFENCE COMPANIES 2019 2019 2019 Revenue Ranking Defence Revenue Total Revenue from Defence Worldwide (in millions dollars) (in millions dollars) #1 BAE Systems $21,033.27 $23,370.3 90% #7 #2 Airbus $11,266.57 $78,916.36 14% #12 #3 Leonardo $11,109.27 $15,429.55 72% #13 #4 Thales $9,251.68 $20,596.61 45% #16 #5 Dassault $5,708.84 $8,171.48 70% #22 #6 Rolls Royce $4,260.53 $4,260.53 24% #27 #7 Safran $4,413.05 $27,581.55 16% #28 #8 Naval Group $4,155.14 $4,155.14 100% #30 #9 Rheinmetall AG $3,942.46 $7,001.73 56% #33 #10 Babcock International $3,233.92 $6,220.17 52% #39 Source: Defense News
EUROP EA N DE F E NCE S ECTO R E U RO P E A N D E F E NC E SEC TO R TURNOVER DEFENCE 2019 The European defence industry – an indispensable AERONAUTICS 41% element of Europe’s strategic autonomy €48bn LAND 36% €42bn Military aeronautics NAVAL 23% European air power must be able to Employment in the military aeronautics €26bn support all missions and to operate in sector stands slightly above 160,000 a joint and collaborative environment. jobs, which accounts for 36% of total Air power superiority requires a strong defence employment. Turnover defence €116bn industrial base that must be constantly sustained to remain at the technologi- Land and naval cal edge. The combined turnover of the European In 2019, defence industry supported EMPLOYMENT DEFENCE 2019 land and naval industry went up by 11% more than 440,000 jobs in Europe. LAND & NAVAL from €61bn in 2018 to €68bn in 2019. Around 160,000 of them were at- 64% Both sectors increased their export tributable to military aeronautics, the volumes from €13bn in 2018 to €18bn remaining 280,000 to the land and in 2019. Employment was at 280,000 naval sectors. Recent trends show that units in 2019, which represents 63% of defence companies face a shortage of AERONAUTICS the total defence employment. skilled labour. The main reasons for this 36% are the high pace of technological inno- The land defence sector is of strategic vation and increasing competition with importance for future military capa- other sectors for younger high-skilled bilities. Land forces represent a vital workers. Employment defence 440,000 contributor to operational supremacy, The European military aeronautics sec- and both the EU and the North Atlantic Military exports have reached €40bn tor produces a broad range of manned Treaty Organization (NATO) consider in 2019. Out of this total, €22bn come EXPORT DEFENCE 2019 and unmanned aircraft systems, from ground combat capabilities as one from military aeronautics and €18bn combat aircraft and drones to transport of their main priorities. In 2019, the from the land and naval sectors. Given AERONAUTICS 55% aircraft and helicopters. It consists of European land defence sector gener- the high development costs of most de- €22bn companies of all size, from prime con- ated a turnover of €42bn, which rep- fence systems and the relatively small tractors to tier-3 sub-suppliers which resents 36% of total European defence size of European home markets, these provide components and raw material. revenues. The sector has a diverse exports are crucial for European indus- LAND & NAVAL product portfolio, spanning from main try to reach the production volumes 45% €18bn In 2019, the European military aero- battle tanks to families of armoured which are necessary to maintain com- nautics sector generated a turnover of vehicles, artillery, guided ammo, inte- petitive per-unit prices. €48bn. Out of this, €22 bn derive from grated systems and components for exports, which accounts for more than the battlefield, protection of soldiers half of total European defence exports. and infrastructures, etc. The largest Total export defence €40bn
EUROP EA N DE F E NCE S ECTO R E U RO P E A N D E F E NC E SEC TO R European land prime contractors are rely on tier-1 suppliers. The lower tiers located in France, Germany, Italy and of suppliers consist of a broad range UK, although important industrial of companies of different size and capabilities are present also in other activities but many of them generate Member States. only a small part of their revenues on the defence market. Future challenges Defence systems have always relied on the most advanced technologies, which for decades were mainly designed and developed in the military sphere (e.g. advanced sensors, secure communications, stealth technology). However, future warfare will be characterised more and more by a system architecture approach, which takes advantage of new emerging and disruptive technologies (e.g. AI, quantum computing, 5G, biotech- nology, human augmentation, novel materials) that are mainly driven by huge investments in the commercial sector. Although the defence industry will not be at the forefront of devel- opments in such technologies, it is indispensable to adapt and translate them into military systems that meet The European naval industry generated the requirements of armed forces. in 2019 revenues of €26bn, which rep- resents 23% of total European defence The increasing importance of com- revenues. The sector produces the full mercially driven technologies is likely spectrum of vessels, including aircraft to have an impact also on the struc- carriers and nuclear submarines. In ture of the defence industrial and Europe, there are six prime contractors technological base. It will bring new which have the full responsibility to entrants into the military sector and design, integrate and build military cause defence companies to adapt ships. For the design and develop- their strategies to meet the need to ment of combat systems and combat incorporate these new technologies management systems, most of them into the products they develop.
RE SE A RC H & D E VE LO P ME NT (R& D) Research & Development TOTAL R&D INVESTMENT Research & Development (R&D) Research, technology and innovation are instrumental €18bn+ for a sustainable and competitive future. The European aeronautics and defence In 2019, the R&D investments in the US industries is driven by significant (from industry and government) were activities and investments in R&D. more than four times higher than in R&D refers to the activities companies Europe. If this long-term investment or public stakeholders undertake to gap persists between Europe and other improve or develop new products and regions of the world, this will add fur- services. While R&D encompasses ther difficulties in maintaining Europe’s the whole research and development leadership. process, from upstream research to the final product or service, whereas Research and Technology (R&T) focuses on the first phases (study of mature technology components (up to TRL 6) that will allow the project to be RESEARCH & DEVELOPMENT launched and developed with a lower INVESTMENTS EU27/NON-EU level of risk). (UK, NORWAY, TURKEY) 2019 In 2019, the R&D expenditure on aero- EU27 67% nautics and defence from both industry and governments is estimated at a lev- el of €18bn, with a possible 40:60 split between civil and military activities. NON-EU 33% (UK, NORWAY, TURKEY) For European industry to stay ahead in a fast-changing and global innovation race, the support of national govern- ments and the EU is essential. The investment gap between the EU and the US is massive when it comes to aerospace and defence-related R&D.
RE SE A R C H & D E V E LO P M E NT ( R &D) RE SE A RC H & D E VE LO P ME NT (R& D) the high complexity of its products and sizes are being developed at a very systems and is subject to significantly high technological maturity level. So R&D long R&D cycles (of up to 20 years) all far, Clean Sky results confirm an overall CIVIL AERONAUTICS of which require long term and large potential to reduce CO2 emissions by €8bn investments. 32%, and noise by 50% to 86%. These are being achieved as the technologies are The long development cycles and the applied to commercial products, while, Invested by private and high technological risks that charac- at the same time, the programme’s public stakeholders terise the aeronautics industry require partners are innovating further to cooperation between all the key actors increase the performance of aircraft. along the supply chain (private and public organisations) to reinforce and SESAR is delivering a catalogue of solu- streamline research. tions to modernise the management of air traffic in Europe, ensuring the safety European public-private partnerships and sustainability of European air (PPPs) such as Clean Sky and SESAR travel and aviation. When deployed, the R&D in civil aeronautics the technologies and procedures that are delivering substantial socio-eco- 60 solutions already delivered should will be available will allow a 75% reduc- nomic impacts. increase airspace capacity by 34% and In 2019, it is estimated that an amount tion in CO2 emissions per passenger decrease flight time by an average of of €8bn were invested in civil aeronaut- kilometre, and a 90% reduction in NOx Clean Sky develops innovative, 30%, resulting in reduced delays on ics R&D activities by private and public emissions, with the perceived noise cutting-edge technology aimed at all EU flights (95% of flights staying stakeholders. Most of the investment from aircraft operations being reduced reducing CO2 emissions and noise within their time plan), and lead to a comes from an increasing value as well by 65%. These are relative to the capa- levels produced by aeroplanes and 2.3% decrease of fuel burn and CO2 as number of private investors (suppli- bilities of typical new aircraft in 2000. helicopters. To this end, more than emissions per flight. ers and customers) while government Today’s aircraft and engines are more 30 main demonstrators of different support is increasingly marginal, fuel-efficient than earlier generations: confirming a descent trend. it is estimated that fuel consumption per passenger/km has been reduced by According to the European Commission, 70% since the 1970s. every Euro invested in aeronautics R&D creates an equivalent additional value The societal demand for air travel is in the economy annually thereafter. booming (with an average increase of Indeed, it enables the development of sustainable and competitive products 5% each year), and constant research is critical to further reduce the emissions R&D is the main driver and services, while maintaining and of the next generation of aircraft. to achieve the ambitious creating high-skilled jobs in Europe. Competitiveness is the key driver for taking the lead on green technology at sustainability targets the R&D is the main driver to achieve the international level and ensuring solu- sector is committed to ambitious sustainability targets the tions and pathways are affordable and sector is committed to. The Flightpath can be integrated by the whole sector. 2050 roadmap aims are that by 2050, The aeronautics sector is marked by
RESE A R C H & D E V E LO P M E NT ( R & D) R&D DEFENCE TOTAL Invested by governments R&D in defence Investments in defence R&D and (its 1% of the total defence budget on R&T €10bn subset) R&T are key factors for the and account together for 85% of the €6bn success of industry and its capacity total defence R&T spending in Europe. AERONAUTICS to design and develop the next-gene- ration capabilities of Europe’s armed The concentration of R&T activity in €4bn forces. Combined European invest- a few countries and the fact that the LAND AND NAVAL ment in defence R&D amounts to collective benchmark for R&T funding roughly €10bn, mainly from national (2% of defence budget, as defined by governments as key customers. EDA and as part of the Permanent Private investments are very limited Structured Cooperation (PESCO) com- and concern only lower complexity or mitments) has never been reached, lower value research. Defence R&D raise concerns about Europe’s long- spending in Europe remains highly term capacity to cope with emerging concentrated, with France and the UK security challenges and to gain strate- alone accounting for more than half of gic technological advantages. the total (followed by Germany, Italy, Spain and Sweden). To reverse this trend and foster European collaboration, the EU has put Despite a general increase in defence forward several initiatives to support spending, investments in defence R&T the European defence industrial base. remains low in percentage of the over- Via the Preparatory Action on Defence all defence budget. According to the Research (PADR) and European De- European Defence Agency (EDA), only fence Industrial Development Pro- four Member States spent more than gramme (EDIDP), EU resources have been allocated, for the first time ever, to boost collaborative defence R&D. In 2019, the firs nine EDIDP calls for proposals were launched, addressing various capa- bilities needs such as multipur- pose unmanned ground systems, air combat capabilities, future naval plat- forms, and Command and Control (C2). In addition, a specific call was launched to encourage the participation of SME. EDIDP and PADR prepare the ground for the fully-fledged European Defence Fund (EDF) under the next Multi- Annual Financial Framework (MFF) 2021-2027.
Words from the Secretary General About ASD In 2019, the European aerospace and ASD is the voice of European Aeronautics, Space, Defence and Security defence sector reached a new record: Industries, representing over 3,000 companies and actively supporting the sales grew by 5.2% to total revenues of €260bn, making our industry a key con- competitive development of the sector in Europe and worldwide. tributor to European wealth. I would like to thank the 890,000 employees of our companies for their commitment and passion that are behind this success Methodology story. The ASD Facts & Figures result from systems, platforms and components, Looking at these figures today is dra- the contribution of the National Associ- while electronics and missiles are matic. Shortly after our companies ations that are members of ASD, with embedded transversally. closed their books for 2019, they were ASD as a coordinator. In 2019, ASD overwhelmed by COVID-19. Civil aero- ASD Secretary General, Jan Pie National Associations members were Process coordination and data analysis nautics was particularly hard hit. The spread across 18 European countries. were performed by Fabrizio Braghini, demand for new civil aircraft slowed At the same time, the links between our Chairman of the ASD Data Analysis down drastically, and it is totally sectors can be turned into an advan- The data published in this industrial Committee. Pierre Lionnet, ASD- unclear if and when air traffic will reach tage. Defence and security markets are overview takes into account the Eurospace Research Director provided pre-COVID levels again. not big enough to compensate for the following factors: exchange rate fluctu- space data and advice. implosion of the commercial business. ations, different statistical accounting This has dramatic consequences for all However, since they are (mainly) public in the UK, unconsolidated data for aero- All photos used in this brochure belong our sectors. Civil aeronautics, defence, markets, the EU and its Member States nautics and defence and consolidated to ASD members. security and space have multiple strong can use their procurement and research data for space. The analysis was con- links and form in many ways a common budgets to support these two stra- ducted using a consolidated process ecosystem. Most companies of this tegic sectors directly. This would also based on crosschecks. The perimeter ecosystem have activities in more than contribute to stabilising the civil aviation of this analysis is different from that one of these sectors and are part of sector until the global commercial of the EU, the EDA or the NATO. Due complex supply chains that span across market recovers . to membership changes in ASD and its all EU Member States and beyond. members, any year to year comparison This industry is and will remain of should be considered in terms of trends The links between our sectors offer both strategic importance for Europe. There and order of magnitude. A few non-ASD risks and opportunities: given its eco- will be a time after the pandemic, associations’ data are included in order nomic weight, a complete breakdown and our companies will contribute to to complete the full picture. of civil aeronautics would undermine making Europe emerge from this the basis of the ecosystem as a whole crisis more resilient and more sovereign, The definition of aeronautics in- and, thereby, drag down defence, space more digital and greener. cludes civil and military aeronautics. * Austria, Belgium, Bulgaria, Czech Republic, and security as well. This would also The definition of defence combines all Denmark, Finland, France, Germany, Greece, damage the industrial basis of Europe’s ASD Secretary General sectors, i.e. military aeronautics, space, Italy, Norway, Poland, Portugal, Spain, Sweden, aspired technological sovereignity. Jan Pie land and naval. Each sector combines The Netherlands, Turkey, and the United Kingdom.
Rue Montoyer 10 1000 Brussels www.asd-europe.org info@asd-europe.org +32 2 775 81 10
You can also read