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VDMA

Declining production and exports

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.

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Vahle

Investment in the millions

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.

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Schaeffler

Changes to the Executive Board

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.

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