Tag: Business Administration

The EU Commission defends the 15 percent "Tariff Deal" with the USA. However, more and more products are subject to the significantly higher steel and aluminum tariffs. The VDMA urgently calls on the EU Commission to advocate for improvements.

Machine orders in the USA are increasing with growing automation. The aerospace industry is booming.

Orders from Euro countries result in a small order increase in mechanical engineering in the first half of the year. The trade dispute with the USA, however, continues to burden orders even in June.

Order intake in the US machinery sector slows down in May but retains growth compared to the previous year.

New Mitutoyo Europe President Presents Plans

In the year of its 75th anniversary, the MAPAL Group is consistently focused on the future.

The business of the machine factory Berthold HERMLE AG continued to be affected by extremely uncertain conditions in the first five months of 2025.

In a persistently challenging business environment, the Plansee Group performed solidly in the past financial year.

The order intake in May was a pleasant surprise - albeit on a weak year-on-year basis. Overall, companies have recorded a slight increase in orders this year so far, but global uncertainty remains high.

The order intakes in mechanical engineering decreased by a real 6 percent in April compared to the previous year. An expected dampener, given the uncertainty caused by US tariff policy.

The business development of the machine factory Berthold HERMLE AG was, as expected, declining in the first quarter of 2025 due to the weak economy in the machine tool industry.

The first quarter of 2025 resulted in an order increase of a total of 4 percent - it was the first positive quarterly balance of orders in three years. March also closed with a pleasing order increase of 4 percent.

Real Gross Domestic Product (GDP) in the USA decreased by an annual rate of 0.3 percent in the first quarter of 2025 (January, February, and March), reports the U.S. Bureau of Economic Analysis.

VDMA is filling two key positions: Dr. Johannes Gernandt will become the chief economist of the association, succeeding Dr. Ralph Wiechers. Oliver Richtberg will be the new head of foreign trade, succeeding Ulrich Ackermann.