"machine tools" tag

CECIMO announces a positive economic outlook for 2017

The CECIMO General Assembly, which took place in Brussels on 22 November, announced that CECIMO machine tool production is expected to register a 2% annual growth in 2017 and reach 24.4 billion euro, rebounding from the last…

Exports push German machine tool industry in Q1 2016

In the first quarter of 2016, order bookings in the German machine tool industry rose by an impressive eight per cent compared to the first quarter of 2015. While domestic order bookings stagnated,…

Cautiously optimistic forecast for German machine tool industry in 2016

For 2016, the German machine tool industry show a cautiously optimistic forecast. It is expecting moderate growth of 1 per cent. This prognosis is based on capital investment from the major customer sectors,…

German producers of machine tools to increase business in Indonesia

German producers of machine tools are going to intensify their business operations in Indonesia. The kick-off came at the VDW’s Technology Symposium in Jakarta held on 25 November 2015. Twelve manufacturers of machine…

German machine tool industry orders in Q3

In the third quarter of 2015, German machine tool industry is stable. Order bookings by 1 per cent compared to the preceding year’s equivalent period. Domestic orders rose by 9 per cent, while demand…

German machine tool industry is growing

In the second quarter of 2015 orders received by German machine tool industry were 10 percent up on the previous year’s figure. Domestic orders were 3 per cent higher, foreign demand grew by…

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