The mechanical engineering industry is feeling the consequences of the corona pandemic with increasing force. A second current survey by the VDMA, which was answered by 965 member companies, clearly shows this.
In the corona crisis, companies need liquidity above all. The planned economic stabilisation fund is an important measure. However, it must not completely override the basic principles of the market economy.
A crisis pact instead of a wage war: Employers and IG Metall have set an important signal in North Rhine-Westphalia. Because a long, hard wage fight would be irresponsible in view of the Corona pandemic.
New machines and plants were in demand worldwide last year as well. However, business already took place under more difficult conditions: The changes in the automotive industry, the trade war between the USA and China and the global rise in protectionism left their mark on the books.
Encryption of data and blackmail are among the greatest challenges for cybersecurity; 40 percent of companies are affected by successful attacks via social engineering and phishing; companies must prepare for the worst case scenario; VDMA and VSMA offer comprehensive support
In a fire letter to the Federal Minister of Labour and Social Affairs, Hubertus Heil, VDMA President Carl Martin Welcker spoke out in favour of an immediate extension of the period for which short-time work benefits are paid from 12 to 24 months.
In December, domestic new orders fell for the ninth time this year and fluctuated quite strongly. From abroad they only increased in July, October, November and December. The overall balance of incoming orders and thus the outlook for the next six months therefore remains clearly negative at -6.9% from January to December 2019.
The corona pandemic is hitting the mechanical engineering sector more and more severely. According to a VDMA flash survey, almost 60 percent of companies are already affected by disruptions in supply chains. Capacity adjustments are following.
The mechanical engineering industry in Germany is experiencing an even more difficult year than expected. The burdens that have already been felt for some time - trade conflicts, global economic weakness, structural change in the automotive industry - are now being compounded by the corona virus with its unforeseeable consequences for the economy as a whole.
The industry in Germany is under enormous pressure. The corona virus temporarily increases these stresses. The most important task of the federal government is to avoid panic. Support measures for companies must now be implemented quickly.
An employee's entitlement to paid annual leave usually expires at the end of the calendar year only if the employer has previously informed him of his specific holiday entitlement and the expiry periods and the employee has not taken the holiday of his own free will. This was decided by the Federal Labour Court in its judgment of 19.02.2019 (Case No. 9 AZR 541/15).
As part of the initiative "Maschinenhaus - Plattform für innovative Lehre", we offer as a prize the 4th VDMA University Prize. With this award we would like to honour outstanding teaching concepts which stand for more academic success and thus set an example for the importance of teaching.
The European Commission regards environmental and social standards as an essential part of its economic policy. This offers opportunities for mechanical engineering companies - but also the danger of additional requirements.
Approximately 7,100 companies are currently being contacted by the Federal Government and informed about the National Action Plan for Business and Human Rights (NAP), with which they are to exercise human rights due diligence along their supply chain.
Despite (still) rising student numbers in computer science, the high drop-out rates are a cause for concern. In order to meet the demand for IT specialists in industry 4.0, the quality of teaching must be further improved. The VDMA nacelle initiative is committed to this and will include the field of computer science in the next project phase.
The USA is the most important export market and investment location for the German mechanical and plant engineering industry. At the same time, German companies with capital goods enable the development and modernization of American industry. In politically tense times of transatlantic relations, the EU and the US should strive for a lean free trade agreement and, at the same time, a reform of the World Trade Organization (WTO). With 164 members, the WTO is the best platform for creating competition and free trade.
The aim of the strategic partnership between Labs Network 4.0 and InsurTech Hub Munich is to develop innovations, technologies and business models at the interface between industry 4.0 and the insurance industry.
Future Business prepares the next complex trend topic with possible far-reaching effects for the entire mechanical and plant engineering sector. It does not only concern the currently much-discussed future of the plastics industry and waste and recycling technology, but all branches of industry with a connection to materials. Find out how you can contribute!
Foreign direct investments in Germany as well as German direct investments abroad ensure the success of the German mechanical and plant engineering industry. Unlike in the EU, some economic areas restrict foreign investment for economic and political reasons. This is problematic if investors from these countries who are both state-controlled and financially strong become active in our company at the same time. The commandment is called "reciprocity", equal conditions for common benefit. The political objective must be to achieve the same investment conditions everywhere as in Europe.
The export-oriented German mechanical engineering industry has benefited more than almost any other sector from economic and political integration and having the euro as the single currency. However, the result of the British referendum in favor of Brexit has shaken the EU to its core. Even two years on it is still not completely clear how the EU and the United Kingdom will work together in the future, but the UK must not be granted a special status. The mechanical engineering sector believes that the cohesion of the EU takes priority and demands equal competitive conditions in the EU27 and the UK.
Frankfurt am Main, 28 May 2018. – Making a visit to the fair simpler, faster and better: this is the goal pursued by the Club of Metalworking, which the VDW launched a few days ago. Membership is free of charge, and offers attractive services for international metalworking experts.
Frankfurt am Main, 29 March 2018. – The dates for the next METAV have been finalised. The International trade fair for metalworking technologies will be held in Düsseldorf from Tuesday to Friday 10 to 13 March 2020.
Mobility is changing. A global driver for this will be the implementation of the Paris climate resolutions. With its efficient solutions, German mechanical and plant engineering makes an important contribution to change and thus secures employment and prosperity.
Maschinenbau meets Young Professionals - Thomas Adermann, DEUTZ AG
Part 2 continues with Thomas Adermann, Lead System Engineer at DEUTZ AG. The young engineer has been with DEUTZ for about three years and works on the E-DEUTZ electrification project of the traditional engine manufacturer.
Tax research promotion: How does the new instrument work?
The Research Allowance Act came into force on 1 January 2020. Here you can find out who benefits from the new tax incentives, what you have to take into account and how the VDMA will support you with this type of subsidy.
Machines improve our lives – on a large and small scale. Whether for our health, food or the many means of transportation that we use; whether we are looking at the ground deep below the sea or from high above – we need machines and people who utilize their skills to make the world a better place to live. That is the aim of mechanical and plant engineering. Humans – Machines – Progress.
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