Makino reports significant growth in Europe

Japanese machine tool manufacturer Makino says that orders from Europe were up by more than 70% in the last financial year, with major contributions from the aerospace and industrial components sectors. Particularly positive developments were seen in France, Italy, Spain and Poland. At a recent Makino press conference in Germany, the company reported global consolidated turnover of ¥153.6m, down 5.1% compared with the last financial year. Although in Japan the group suffered from a decline in turnover of 7.9%, record positive levels were achieved in all other regions (Americas up 10.3%, Europe up 8.5% and Asia – excluding Japan – up 4.2%).
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