In the fourth quarter of 2017, the German machine-tool industry’s order bookings increased by 24% in comparison with the preceding year’s equivalent period.

Domestic orders were up by 48%, while orders from abroad rose by 13%. For 2017, there was an overall plus of 8%: domestic orders climbed by 10%, and orders from abroad were up 7%. According to the VDW, the Eurozone nations constituted the driving forces. In particular, following EMO 2017 in Hanover, orders veritably soared: +41% in October, +67% in November and +37% in December.
For further information www.vdw.de