VDMA annual press conferenceMechanical and plant engineering sector expects 2% decline in production for 2023

The mechanical and plant engineering industry has remained on course with a major effort in the unexpectedly difficult year 2022 and is looking ahead to the coming year with some confidence. Although the association expects production to fall by 2% in 2023, this is far from a crisis, says VDMA President Karl Haeusgen.