German engineering groups shrug off crisis

Author (Person)
Series Title
Series Details 23.4.08
Publication Date 23/04/2008
Content Type

German engineering companies are enjoying their biggest boom in 40 years despite the credit crunch and the strong euro, according to industry executives, April 2008. Renowned for their ­conservative outlook, the family-owned Mittelstand – small and medium-sized ­concerns – are in the unusual position of being one of the most optimistic sectors about their growth prospects in the financial crisis.

Related Links
Website: VDMA (German Engineering Federation) http://www.vdma.org/wps/portal/Home/en

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