Serbia is becoming an increasingly attractive procurement market. But the country would prefer to develop entire value chains, especially in e-mobility. A new lithium mine should also help.
A shortage of skilled labor, cost pressure and the desire for a global presence are driving machinery and equipment manufacturing companies to break new ground. Three VDMA members show how working with engineers in India opens up new perspectives.
When it comes to market development, Colombia is overshadowed by the Mercosur countries. President Gustavo Petro wants to make the country more attractive - with limited success. However, there are opportunities, especially in niche markets.
Software manufacturer encoway, based in Bremen, wants to gain a foothold in Italy. In this interview, Gianfranco Pizzata talks about digitalization, pitfalls in communication and what it takes to be successful on the Apennine peninsula.
As the largest economy in Central Eastern Europe, Poland is an attractive market. Companies appreciate the good qualifications and high motivation of the workforce, even though wage costs are approaching the EU average.
For years, India has been dreaming of becoming a world-class economy. Thanks to targeted reforms, the trend towards de-risking and the associated reorganization of global supply chains, this dream could soon become a reality.
Legislation is tightening requirements for the energy efficiency of buildings. For many owners of non-residential buildings in particular, there is an urgent need for action. Building automation is an effective lever and a market with huge growth potential.
There is a lot going on in refrigeration technology. Companies' sustainable approaches range from innovative technologies to a completely new overall approach to industrial cooling. Three VDMA members provide an insight.
The war in Ukraine and its consequences have put Kazakhstan in the spotlight. And the ninth largest country in the world is rolling out the red carpet for Europe. Can it live up to the high expectations?
Fewer people live in Israel than in Paris. The country is barely larger than the state of Hessen. But as a high-tech location, it is a global giant with many points of contact for mechanical and plant engineering from Europe.
Mechanical and plant engineering is one of Austria's most important branches of industry. SMEs in particular are one of the drivers of growth: no other country has more hidden champions per capita.
Brazil's image abroad is often overshadowed by bad news. But for companies in the industrial sector, it is worth taking a look behind the scenes. The government wants to increase the country's competitiveness with billions of euros.
Hungary has successfully established itself as an extended workbench and investment location. However, political and economic uncertainties are increasingly causing headaches for companies from abroad.
While India is currently enjoying substantial investment in the country, hopes for a rapid post-Corona economic recovery in China have not been realized. An analysis of the country situations and their relationship.
Economically, Spain was hit hard by the pandemic. Now, thanks to EU funding, the country is getting back on the fast track. This is particularly interesting for companies in the mechanical and plant engineering sector.
Herrmann Ultraschall has been active in China since 2006 and is pleased to report high growth rates. The company's management continues to see China above all as a market with growth potential.
The Philippines is often overshadowed by Singapore and Vietnam. But the island nation could become Asia's fifth-largest business location by 2050 - and that's precisely why it's attractive for investment now.
The Socialist Republic of Vietnam has enjoyed remarkable growth in recent years. Many companies are betting on the country to diversify in Asia. But how sustainable is the investment?
