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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 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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