Mechanical and plant engineeringVDMA expects significantly higher production for 2018

At the VDMA's economic press conference, association president Carl Martin Welcker announced an increase in the production forecast to 5%. This increase is based, among other things, on good demand prospects in the German mechanical and plant engineering sector.

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2_Figures on German foreign trade in machinery
© Statistisches Bundesamt, VDMA

... exports - "in other words, from our competitiveness," says Welcker. German machinery exports reached a new high in 2017 with a value of around 168 billion euros.

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