Worldwide demand for mining technology from Germany remains high. In the first half of 2019, orders received rose by 35 % and sales by 40 % in comparison with the previous year. The upward trend in this industry therefore continues. After the difficult period from 2012 to 2017, global business has been picking up for the past two years. In 2018, the ...
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Manufacturers of mining equipment expect turnover to increase by 12 %
For German manufacturers of mining equipment, the domestic market now only plays a minor role in their business plans, with a total turnover expected to decline by 22 % to 90 M€ in 2018. According to Michael Schulte Strathaus (Figure 1), Chairman of VDMA Mining, Frankfurt M./Germany, the current policies demonstrate little affinity to the business of raw materials, and therefore ...
Read More »German mining machinery manufacturers have mastered the turnaround
Mining machinery manufacturers in Germany have mastered the turnaround. After revenues continued to decline for four consecutive years, the sector is now expecting to break even in 2017. Based on the figures for the first nine months of the year, the mining equipment manufacturers are expecting to at least repeat their turnover of 2.95 bn € from 2016, as the ...
Read More »Mining machinery manufacturers from Germany back on the road to success
Mining machinery manufacturers from Germany are back on track, with incoming orders increasing by 45 % in the first half of the year. Closer cooperation with Australia is set to bring further growth. Following a sharp decline in turnover in recent years, incoming orders from abroad went up 50 % in the first six months of this year compared to the same ...
Read More »Mining equipment manufacturers have come out of recession
Germany’s mining equipment manufacturers have come out of recession. Following a decline in turnover of approximately 21 % down to 2.8 bn € in 2016, the sector foresees a stabilization of the situation in 2017. In 2018, things should pick up once again. Looking domestically, a decline in turn-over of 36 % down to 210 m € is anticipated for 2016. Revenue ...
Read More »Mining in Brazil offers a variety of opportunities
Brazilian mining is not only an important supply of raw materials for German industry. It also provides German companies with opportunities for investment along the entire value-added chain. This is true not only of collaboration on large-scale projects, but also of projects involving smaller, emerging Brazilian mining companies. However, the country must make a great deal more effort to improve ...
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The new spokesman for VDMA Arbeitsgemeinschaft Großanlagenbau is Rainer Hauenschild, Chief Executive Officer (CEO) of Energy Solutions at Siemens AG. His deputies will be Jürgen Nowicki, Member of the Board of Management for the Engineering Division at Linde AG, and Dieter Rosenthal, Member of the Board of Management at SMS SIEMAG AG.
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Matthias Zelinger became energy policy spokesman for the German Engineering Association (VDMA) in Frankfurt am Main on 1 March 2015. He is also continuing in his role as managing director of VDMA Power Systems.
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Thilo Brodtmann has been appointed as the new Managing Director of the German Engineering Federation (VDMA) with effect from 1 February 2015, thereby replacing Dr Hannes Hesse who retired on 31 January 2015. Mr Brodtmann has been Assistant Managing Director at the VDMA since 2001.
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