VDMA Textile Treatment, Cloth and Leather Systems division been given 69 % much more orders in actual phrases than the prior 12 months. Orders from Germany climbed by 55%, and orders from other countries amplified by up to 80%. Orders from Euro international locations surged by 158% in April, though orders from non-Euro countries elevated by 22%. In comparison to the preceding year, turnover climbed by 9.5%.
The Textile Treatment, Material, and Leather Technologies division exported devices well worth €788 million in 2019, down 9.5% from the earlier 12 months. The bulk of these equipment have been transported to Poland, with the United States and France adhering to carefully driving. In 2020, exports to Poland climbed by 69% to €89 million, whilst exports to the United States fell by 12% to €77 million. Likewise, exports to France reduced by 8% to €68 million. In the very first quarter of 2021, Poland remained the most vital export current market, adopted by France and the United States. Exports within the EU, in distinct, improved in the first quarter of 2021, growing by 3% to €90 million. About 3,300 mechanical engineering providers from Germany and Europe are associates of the VDMA. The team signifies innovation, export orientation, and medium-sized organizations, and employs in excess of four million folks throughout Europe, including over 1 million in Germany.