German Machine-building Industry Gradually Recovered
From January to November 2009, the German machinery orders show a deficit in the
manufacturing sector until December that the situation was slightly better, guessed that situation again in January 2010 reversed course since February, every situation the better, in June orders than last year surged 62% in real terms over the same period, far earlier than experts expected.
For orders from abroad which is not significantly improve 60% increase from China were as high as 67%, however, warned that the economy is still OlafWortmann experts, "now just to catch up with the industry the level of 2006, this so if they wish to describe machinery manufacturing industry has entered a boom, it is still premature. "
In addition, the industry lies in the two months hit rock bottom last year, 5,6, so this year in June compared with a year ago of a low level, an increase of more natural look. The light are still many enterprises still have difficulties in financing, warehousing Although filled, however in many countries of "economic recovery plan" has expired the end, this is likely to bring further reduce demand for the results.
Moreover, the manufacturing sector, the current performance of the industry is still very diversity, in which the better the performance of departments such as textiles and mining machines although the machines are reporting high growth, however this is also the first two sectors of production sectors in crisis, other issues such as agricultural technology, printing , tools, machines and the production is closely related with the construction sector growth pace is still slow.
Enterprise performance, very important now that the industry has been repeatedly orders the company had good news to the manufacture of food manufacturing and energy-based industry plant equipment manufacturers GEA, for example, in the second quarter, the commercial orders have been raised 13% However, its turnover and profit levels are still lower than last year, this so, GEA has been outside recently announced, will lay off nearly 500 people.
According to another class of machine tool production lathes were termed GildemeisterAG president RdigerKapitza pointed out the development of all markets are up, but still the Chinese mainland market rose for the strength of the strongest, Kapitza further stated that it will be a sudden drop in recent market demand, particularly In the second half of this year, organized the exhibition in a number of related stimuli, the order will only increase, however want the market to resume once the industry to the level of pre-crisis, is still De wait until 2012. 2008 Gildemeister has created turnover of 1.9 billion euros, however the following year it had dropped to 1.2 billion euros.
In Krefeld the production of plywood manufacturing machines and casting equipment, all known also outside Germany of Siempelkamp near that since the end of 2009, the company has satisfied its performance, apparently spread to customers around the world is now reborn confidence, the only blemish Department to, the price is still relatively low, this so, the company revenue this year will be better performance in two years 2008 and 2009.
by: himfr
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