Paris – Deep disparities define today’s energy world. The dissonance between well-supplied oil markets and growing geopolitical tensions and uncertainties. The gap between the ever-higher amounts of greenhouse gas emissions and the insufficiency of stated policies to curb those emissions.
Düsseldorf – SMS group’s Indian manufacturing facility at Bhubaneswar, SMS India Pvt. Ltd., which ranks among the most advanced heavy machinery workshops in the world, has received the Manufacturing Excellence Award 2019 from German Engineering Federation VDMA.
Salzgitter – In an environment of great political uncertainty, multiple trade conflicts and economic headwind, the Salzgitter Group generated a pre-tax profit of € 40.7 million in the first nine months of the financial year 2019.
Frankfurt am Main - In the third quarter of 2019, order intake in the German machine tool industry fell by 25 percent year-on-year. Orders from Germany fell by 29 percent. Foreign orders lost 23 percent. In the first nine months of 2019, incoming orders fell by 23 percent.