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VDMA survey on the effects of coronavirus
The mechanical engineering sector is now feeling the effects of the coronavirus pandemic across the board. According to the results of the latest VDMA flash survey, 90% of companies see themselves as affected by the economic consequences of the pandemic.
read more...Much quoted and now confirmed is the decline in German machinery exports. According to the VDMA, exports fell by 1.5% in real terms. A further decline is likely in 2020.
read more...Endress+Hauser reports sales growth of 8 percent to over 2.6 billion euros for 2019. The Group was also able to increase profits and employment worldwide.
read more...Machine tool industry 2019/2020
Although 2019 was better than expected, the VDW is forecasting a decline in production of 18% for the current year. The reasons are a combination of structural change, economic policy and unforeseeable developments.
read more...Eastern German mechanical and plant engineering was able to halt the downward trend. The order situation is also stabilizing. The mood is good.
read more...The year 2019 was characterized by a weak global economy, increasingly harsh threats and sanctions in global trade disputes and far-reaching structural change in the automotive industry.
read more...Editorial Tool and mold making
The economy is slowing down, the associations are reporting declines and, depending on who you talk to in the industry, there is talk of a crisis or a cyclical downturn in the economy, which was to be expected. The only thing everyone agrees on is that things may not pick up again until 2021.
read more...Germany's economy is weakening. The culprits were also quickly found: US President Donald Trump and the British with their Brexit rollercoaster. Trump's (Twitter) gaffes have certainly caused a lot of global political and economic damage.
read more...The VDW reports a 22% drop in incoming orders for the second quarter of 2019. Compared to the same period last year, domestic orders fell by 28%, while orders from abroad fell by 18%. In the first half of 2019, incoming orders fell by 21%.
read more...Incoming orders in mechanical engineering
According to the VDMA, the German mechanical and plant engineering industry recorded a 9% drop in incoming orders in the first half of 2019 compared to the previous year. The reasons are well known.
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