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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...


The sanctions squeeze is on at Russia's biggest oil firm Rosneft.With the EU poised to unleash more sanctions over Ukraine, previous measures mean Rosneft is cutting staff and...




It's the time to buy again European steel sector's bonds. After two years of cautious forecast, Ubs issues again positive evaluation on European steel, recommending its customers to...




It seems Britons are not buying with the same enthusiasm that they were. UK retail sales grew in July at the slowest annual rate since November last year rising by 2.6 percent....




European Commission decided to invest WTO, World Trade Organisation, about debate about Chinese anti-dumping duties on steel tubes' import from Europe. According to Brussels, Chinese...




The German government will protect the interests of the German business regarding the construction of the South Stream gas pipeline and expects that all problems associated with it...




Газпром начал строить Силу Сибири. В Якутске прошла церемония закладки газопровода, по которому с 2019 года российское голубое топливо будет поставляться в Китай. Труба, протяженностью в 4000 км, пройдет через Якутию до Хабаровска, а там до...




There was a surprise, sharp slowdown in job growth in the US in August.The number of people in work increased by 142,000 the smallest rise in eight months and well short of the...




Абэномика дала сбой. Во втором квартале ВВП Японии рухнул на 7,1% вместо ожидаемых 6,8%, и это самый серьёзный провал со времен разгара кризиса, то есть, с зимы 2009 года.В апреле правительство Синдзо Абэ в рамках масштабной программы стимулирования...


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