Mechanical engineering NRW: Uncertainties characterise incoming orders
Order intake in February 2019 was down 15 percent. There was a change in domestic demand of -4 percent. International business was down 19 percent on the prior-year level. Orders from the euro zone fell by 32 percent, incoming orders from the non-euro zone by 14 percent.
Sales increase of 1 percent expected
The turnover of the North Rhine-Westphalian mechanical and plant engineering industry last year reached 44.4 billion euros, exceeding the expectations of the VDMA NRW. Sales were 1.8 billion euros higher than in the previous year. For 2019, the association is forecasting nominal sales growth of 1 percent.
Mechanical engineering employee numbers in NRW
19.07.2018 With almost 200,000 employees in about 1,600 businesses, mechanical engineering is the largest industrial employer in North Rhine-Westphalia, generating revenue of EUR 42.6 billion in 2017.
Mechanical Engineering as growth driver
Mechanical engineering and production technology set the pace for many industries. Its technologies contribute to the solution of central tasks.