Essen - Cost reductions and job cuts of 3,000 jobs required.

30 Mar 2020

Pittsburgh - Steel company announces a series of aggressive and meaningful actions.

30 Mar 2020

Berlin/Düsseldorf – Federal Minister of Economics Peter Altmaier is working on a concept to revive the German economy after the acute crisis. This concept is not limited to economic stimulus programs but is intended to improve the competitiveness of the domestic economy.

30 Mar 2020

Munich – Dr. Frank Stieler will resign from his office as CEO of KraussMaffei Group GmbH on March 31, 2020 and Dr. Michael Ruf, present COO of the company, will take over the position from April 1, 2020. The COO position will not be taken again.

30 Mar 2020

Linz - Short-time work in Austria and other European countries unavoidable.

27 Mar 2020

Franfkurt - Steel prices have been relatively robust in recent weeks.

27 Mar 2020

Taipei - Taiwan's exports in 2019 were $ 3.064 billion, of which approximately $ 2.538 billion were for machine tools and $ 52.6 million for metal-forming machine tools.

26 Mar 2020

Augsburg - KUKA was able to significantly improve its earnings and to achieve a positive cash flow.

26 Mar 2020

Stuttgart – Bosch Healthcare Solutions is currently working on the development of a COVID-19 rapid testing kit for the Vivalytic platform and will launch this in April 2020. The Vivalytic VRI test (Viral Respiratory Tract Infections) checks the patient’s sample for the SARS CoV-2 virus.

26 Mar 2020

Düsseldorf  – Although crude steel production in Germany increased by 4 percent year-on-year to 3.5 million tonnes in February, this was starting from a low level.

26 Mar 2020

Hannover. – HANNOVER MESSE cannot take place this year due to the increasingly critical situation surrounding the Covid-19 pandemic. The Hannover region has issued a decree that prohibits the staging of the world's leading tradeshow for industrial technology.

26 Mar 2020

Frankfurt - The companies of the VDMA Large Industrial Plant Manufacturers' group performed well in a volatile market environment characterised by strong price and competitive pressure.

25 Mar 2020