During the General Assembly that took place in Vienna on 9 November 2013, CECIMO's Economic Committee confirmed:
- The European machine tool production estimated to reach to 22.3 billion euros in 2013;
- The successful EMO Hannover 2013 and the upcoming EMTE-EASTPO 2014 machine tool exhibition in Shanghai offer good prospects for the sector;
- Energy-efficiency, the skills challenge facing the industry and the negotiations on a Transatlantic Trade and Investment Partnership are high up on the priority list.
Economic Situation
Low business confidence in advanced economies and slowing growth in emerging markets influence the global machine tool production. However, the
- The European machine tool production estimated to reach to 22.3 billion euros in 2013;
- The successful EMO Hannover 2013 and the upcoming EMTE-EASTPO 2014 machine tool exhibition in Shanghai offer good prospects for the sector;
- Energy-efficiency, the skills challenge facing the industry and the negotiations on a Transatlantic Trade and Investment Partnership are high up on the priority list.
Economic Situation
Low business confidence in advanced economies and slowing growth in emerging markets influence the global machine tool production. However, the
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