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VDMA, Verband Deutscher Maschinen- und Anlagenbau e.V. Lyoner Str. 18 60528 Frankfurt, Germany http://www.vdma.org/
Contact Mr Klaus Gottwald +49 69 66031264
Company logo of VDMA, Verband Deutscher Maschinen- und Anlagenbau e.V.
VDMA, Verband Deutscher Maschinen- und Anlagenbau e.V.

German Large Industrial Plant Manufacturing: Don't overregulate the world financial system

Bookings fall by 19% to 26.6 billion euros / No short-term recovery on the horizon

(PresseBox) (Frankfurt, )
Members of the German Large Plant Manufacturer's Group (AGAB) booked orders worth 26.6 billion euros in the period July 2008 - June 2009. That figure is down by 19% compared to the record order intake level in 2008 (32.8 billion euros). The sectors of the industry that service the basic raw materials market were particularly affected by the falloff in demand. "The fallout of the financial crisis has now reached the industrial plant engineering sector," summarized AGAB spokesperson Dieter Rosenthal from SMS SIEMAG the current results. "In the second quarter alone, order intake by member companies was down by 54%, qmnas yl lwr qmhhglt bmwkwmz so kfve edfq lm tdps."

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.