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Another year passed by. Another year devolved in expectation for resumption that finally takes place, totally devoted to open new markets, despite the global uncartainity that placed hot areas just in the middle of growing countries. In the sector of machine tools, despite the global decrease of sales, European companies improved the result of 2016, breaking again the wall of 24 billion euro, with an annual growth of 2% that leads total turnover to 24.4 billion euro. At the same time, European companies pointed hard on new technologies, chasing innovation included in the induction of Industry 4.0 and AI. Germany stands firmly in its MT producer leadership position, securing 46.4% of the CECIMO MT production, followed by Italy and Switzerland, with 21% and 11%, respectively.According to Cecimo, European companies exported 18.3 billion euro worth machine tools, mainly to China (14.9%) and US (10.5%), although, the trade within European countries remains the most important – 41.5% of our...


Kirn-based thermoplastics manufacturer SIMONA AG has extended its product range of seamless pipe bends. To complement the company's PE 100 pressure pipes, the seamless bends will now...




From January 1, 2015, Dr. Andreas Möller (40) will be the new Director of Corporate Communications at the machine tool and laser manufacturer TRUMPF GmbH + Co. KG. He succeeds Claus...




Egypt has signed the deal to buy 24 Rafale combat jets from France. The five billion euro deal is a seen as a breakthrough for the French defence firm Dassault which has spent years...




“Off to a cracking start,” that's how Eurostar International's CEO Nicolas Petrovic described bookings for the train's new service to the French Mediterranean.The 1,235 kilometre route...




There were economic figures from Japan to please but also data to disappoint.The world's third largest economy came out of recession in the fourth quarter of last year, but the economy...




Concerns the eurozone could slip into deflation have risen on the back of figures showing French inflation has turned negative.Consumer prices fell -1.1 percent in January, giving a...




On September 3rd, European Commission decided to go back over anti-dumping measures on some iron and steel (except for stainless steel) tubes accessories (different from melted or...




Rolling mill restart with Indian steel and a plan for a “warm” area to be built in a couple of years are the ways to make steel production to Lucchini in Piombino, according to the...


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