Our paper proposes to analyze the role of public procurement in achievement of the objectives of Europe 2020 Strategy, highlighting the social and economic impact of this policy on the European market. The research is structured in four analytical chapters and one chapter of conclusions. The first chapter presents the main European regulations on public procurement emphasizing how the legislative framework can contribute to the efficiency of public procurement and to the achievement of economic objectives of Europe 2020 Strategy. The second chapter presents the economic and social impact of electronic procurement and the evolution of main indicators in the field. The third and fourth chapter underline the main obstacles that restrain the access of European enterprises on public procurement market and present some conclusions that illustrate the necessity of the modernization of this policy.