VDW increases production forecast for 2018

In the first quarter of 2018, incoming orders in the German machine tool industry rose by 22% compared to the same period last year. Domestic orders increased by 39%. Foreign orders grew by 15 percent.
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In the first quarter of 2018, incoming orders in the German machine tool industry rose by 22% compared to the same period last year. Domestic orders increased by 39%. Foreign orders grew by 15 percent.

In the fourth quarter of 2017, incoming orders in the German machine tool industry rose by 24% compared to the same period of the previous year. Domestic orders increased by 48%. One of the reasons for this is the good global economic situation.