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, VDMA
Mechanical engineering is still the largest industrial employer in Germany: with a further increase in employees by 33,000 to 1.065 million people (in companies with over 50 employees) and a good 1.3 million people in employment overall. In 2018, the largest single sales market for mechanical engineering companies in Germany was ...