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We welcome the Commission’s adoption yesterday of a European Economic Recovery Plan to support the real economy. Such a coordinated European approach does indeed provide an encouraging and positive signal for Europe’s manufacturing companies. For the engineering industry, in particular the proposal to focus more efforts on energy efficiency, on hi-tech infrastructures and on R&D… » read more

Posted by EngineerComms

My Secretary General, Adrian Harris commented “We are relieved, as the merger would have reduced competition in the market for raw materials, particularly iron ore and have a considerable impact on the industry we represent” Orgalime represents the mechanical, metalworking, electronic and electrical engineering industry, Europe’s largest manufacturing sector (NACE 28 to 33). “Our companies,… » read more

Posted by EngineerComms

After several excellent years, with a strong expansion for European engineering, prospects for the coming year are somewhat bleak. Apart from the expected and usual cyclical slowdown that started in the last year, the recent global financial turbulence is beginning to have an impact on the demand of both capital goods and consumer durables manufactured… » read more

Posted by EngineerComms