
Jury nominates three companies
An independent jury has nominated three companies from the submissions for the Hermes Award 2025: Igus, Schaeffler and Siemens.
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An independent jury has nominated three companies from the submissions for the Hermes Award 2025: Igus, Schaeffler and Siemens.
IDTA and Federtec are pooling their expertise to promote the standardization and use of digital twins in the industry globally.

Machinery exports fell by 5.0% in nominal terms to 199.6 billion euros in 2024. This was reported by the VDMA. This largely corresponded to the decline in production in the mechanical engineering sector.

Optimization of software supply chains
JFrog and AWS have announced a strategic collaboration agreement aimed at helping companies optimize software supply chains
Despite economic turbulence, the mechanical and plant engineering sector in Germany was largely able to maintain its core workforce in 2024.

MES/MOM provider iTAC Software has a new Vice President Product Management: Andreas Zerfas is returning to the company after around five years.

On February 1, Mike Hughes took over the position of Zone President DACH at Schneider Electric. He succeeds Stefan Gierse, who has left the company.

Digikey renews its annual platinum sponsorship of WE United (Women in Electronics), a community of leaders committed to expanding opportunities for women in the electronics industry.

Paul Vahle is planning to build a new headquarters at its head office in Kamen. A four-storey administration building and state-of-the-art production facilities are to be built on an area of almost 50,000 square meters by 2027.
At its meeting on September 26, Schaeffler's Supervisory Board made two appointments to the Executive Board. There is also another change in the Executive Board. As a result, the Executive Board will consist of nine members from October 1, 2024 instead of the previous eight.