
Strong growth recorded
The specialist for measurement technology and automation solutions increased its consolidated turnover in 2023 by 11% to over EUR 3.7 billion and created 715 new jobs worldwide.
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The specialist for measurement technology and automation solutions increased its consolidated turnover in 2023 by 11% to over EUR 3.7 billion and created 715 new jobs worldwide.
The balance for 2023 is still slightly positive, but hiring in the mechanical engineering sector is being scaled back. A general overhaul of labor market policy plans is necessary, according to the VDMA.
Adjusted for price, machinery exports in 2023 were 0.7% below the previous year, but increased by 6% in nominal terms to a record export volume of € 207 million. Towards the end of the year, however, the mechanical and plant engineering sector felt the headwind. The VDMA also called for a welcoming culture.

Mitsubishi Electric and Koenig & Bauer have signed a letter of intent for future cooperation. The aim of the partnership is to develop quality control systems for electrode foils in battery cell production.

Siemens subsidiary Mendix announces the appointment of Raymond Kok as CEO, effective February 12, 2024. Kok joins Mendix from Siemens Digital Industries Software, where he was Senior Vice President responsible for Xcelerator platform development.

Endress+Hauser intends to take over the operations of the Swiss supplier Angenstein Estech, including the production plant in Cernay, France, Estech Industries Angenstein, succursale de Cernay.

What can we expect in terms of artificial intelligence in 2024? In a blog post, Liz Centoni from Cisco describes five areas that will become increasingly important in relation to AI.

Although the EU Supply Chain Directive pursues a correct and important goal, it is simply not feasible in practice for European companies. Eight business organizations, including VDMA and ZVEI, are calling for a new draft.

Olaf Römer, founder of ATEcare, has handed over the management of the company to Paulo Soares.

For the DLR's 'Surface Avatar' experiment, Swedish ESA astronaut Marcus Wandt controlled various robotic systems on Earth from the ISS. The experiment is intended to show how time delays affect the remote control of robots.