Sany Heavy Industry Co Ltd is planning to increase investments in emerging markets like Venezuela, as the heavy machinery maker seeks ways to sustain growth amid tough market conditions at home. The company said on Thursday that its auto ...
Tags: Heavy Industry, Emerging Markets
VDMA textile machinery association, associated with around 120 manufacturers of textile machinery and accessories from all textile sectors, organized a tour for a high-ranking delegation of 15 well-known German textile machinery and ...
Tags: VDMA, German Firms, Textile
It is learned that Iranian company Yahan Fulad has signed contract with Iranian-German Company MMTE and Iranian-Italian company Tenova, which agreed to build a new mill at Siryan City. This investment costs around €79 million totally ...
Tags: Construction, Steel
The China International Clothing and Accessories Fair 2013 (CHIC 2013), which concluded last week, saw an increase in participation of European brands. The fair saw participation of more than 400 foreign brands this year, with majority ...
Tags: Clothing, Accessories
External trade statistics are of central importance to economic policy. Among other things, its foreign trade contribution shows how a country is positioned compared to its trade partners. But how much do official statistics really tell us ...
Innovative German firms Wera and NWS produce the highest quality tools available.Both brands are recognised as leading specialist manufacturers-Wera in screw-driving,NWS in pliers-and focus on developing cutting-edge solutions to end user ...
Tags: Wera, NWS, Forces, extended VDE range
Numbers of Germans out of work rose for the ninth month running in December but held close to a post-reunification low, adding to signs Europe's largest economy remains relatively unscathed by the region's crisis. Labour Office data ...
German luxury carmaker Daimler has begun production of the new 'smart fortwo' electric drive car at its Hambach facility in France. According to the carmaker, the new two-seater electric vehicle (EV) will be powered by a 55kW electric ...
China remains the most important market worldwide for German companies, according to the “German Business Confidence Survey 2012″ by the Delegations of German Industry and Commerce (AHK) Greater China. German firms expect higher ...
Tags: market view, automotive, mechanical engineering industries