Mechanical and plant engineeringVDMA dampens expectations for 2019
At the VDMA's economic press conference, association president Carl Martin Welcker lowered the production forecast for the German mechanical and plant engineering industry. The reason for this is the smouldering trade disputes between the world's major economic blocs.
© Statistisches Bundesamt
... total turnover in the mechanical engineering sector reached a record level of around 233 billion euros in 2018 - an increase of 1.3% compared to the previous year.