Record order intake in machine tool manufacturing
Despite the crisis, business was excellent for the German-Japanese manufacturer DMG Mori in the first half of 2022.
Editorial INDUSTRIAL Production 7/22
Peter the Great ...
... would have enjoyed today's industrial trade fairs. After all, he was a technophile, cosmopolitan, Western-oriented person who ensured that Russia became a modern and important player in the global community, primarily through science, technology and reforms of the state and the economy.
read more...Russian attack dampens economic recovery
The Russian attack on Ukraine and the sharp rise in energy prices are dampening the economic recovery in Germany. The ifo Institute has cut its economic growth forecast for this year to 2.5 percent, down from 3.1 percent as forecast in March.
read more...Siemens discontinues business in Russia
After 170 years, Siemens will withdraw from the Russian market as a result of the war in Ukraine. The company has initiated proceedings to shut down its industrial operations and all industrial business activities.
read more...Mechanical engineering in Bavaria suffers from Ukraine war
Incoming orders in the Bavarian mechanical and plant engineering sector fell significantly in March.
read more...BASF discontinues activities in Russia and Belarus
As announced on March 3, 2022, BASF is no longer concluding new business in Russia and Belarus due to the war of aggression on Ukraine ordered by the Russian government. BASF strongly condemns the Russian attack on Ukraine and the violence against the civilian population.
read more...Electrical industry backs Russia sanctions
A ZVEI survey of its members shows clear support for the measures taken so far - and fear of a gas embargo.
read more...Record year for Bosch Rexroth
Incoming orders, turnover and the number of employees are growing rapidly. The company is also optimistic for the current year.
read more...Kuka grows and invests
After strong growth in 2021, Kuka plans to invest 800 million euros in research and development by 2025. The new iiQKA robot operating system is already being used by the first companies.
read more...Lowered expectations in March
According to the Ifo Institute, the mood in the German economy has collapsed. The business climate index plummeted to 90.8 points in March, down from 98.5 points (seasonally adjusted) in February. Companies rate the business outlook as uncertain.
read more..."For what, oh, for what ...
... is this war of any use? Why can't people live together peacefully? Why does everything have to be devastated?", wrote Anne Frank on May 3, 1944. Unfortunately, this is topical again.
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