Tag: Business Administration

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.

After a decline in order intake, sales, and results in 2024, the company also forecasts significant sales and earnings losses for 2025.

The machine tool industry in Italy recorded an increase in the first quarter of 2025. This was due to a rise in domestic orders. The foreign business continues to be problematic.

The order intake for metalworking machines, measured by the U.S. Manufacturing Technology Orders Report published by AMT - The Association For Manufacturing Technology, amounted to a total of $389.9 million in February 2025, an increase of 9.9% compared to January and 12.5% compared to January 2025.

In February, the order books in mechanical engineering unexpectedly filled up by a real 8 percent. Part of this increase is due to large-scale business, and part is due to component business.

The business of the machine factory Berthold HERMLE AG was expected to be influenced by the cautious machine tool economy in 2024.

The Association of the German Turning Parts Industry evaluates the year 2024.

The German machine tool industry recorded a decline in 2024, but hopes for a recovery in the second half of 2025 with a new federal government.

Orders for manufacturing technology amounted to a total of $357.3 million in January 2025, which is 29.8% less than in December, but 5.7% more than in January 2024. While the order value was 16.2% higher than in an average January, the ordered units were the lowest in a January since 2016.

As part of this, the German locations in Besigheim and Empfingen will be closed. The products previously manufactured at the two locations will henceforth be produced at other sites of the CERATIZIT Group.