• German Machine Tool Builders' Association
  • vdw@vdw.de
  • +49 69 756081-0
At the 2021 annual press conference, the VDW will provide an outlook for the machine tool industry.

German machine tool industry sees light at end of tunnel
German machine tool industry sees light at end of...
German machine tool industry sees light at end of tunnel

The VDW (German Machine Tool Builders' Association), Frankfurt am Main, expects production in the German machine tool industry to grow by 6 per cent to around 12.6 billion euros in 2021. At the association's annual press conference, Chairman Dr Heinz-Jürgen Prokop stated that the improved mood in th...
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German machine tool industry facing major challenges in 2020 – Production output almost stable in 2019 – Digitalisation and sustainability are paramount issues in the sector
German machine tool industry facing major challenges in 2020...
German machine tool industry facing major challenges in 2020 – Production output almost stable...

The VDW (German Machine Tool Builders’ Association) is expecting production output to fall by 18 per cent in 2020. “This is something the sector hasn’t seen in a long time, following the boom of recent years,” to quote Dr. Heinz-Jürgen Prokop, Chairman of the VDW speaking at the annual press confere...
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