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EMO Hannover Blog

EMO World Tour: Czech Republic orders somewhat restrained

June 2017
26
Author: Alexander Schneiders (Presse und Öffentlichkeitsarbeit)
Company: Verein Deutscher Werkzeugmaschinenfabriken e.V.
EMO World Tour: Czech Republic orders somewhat restrained

For the EMO Hannover it is slowly but surely in the final sprint. Likewise, our World Tour is visiting the last stations in 2017. This includes the Czech Republic, where a new EU-funding period is driving public investment. Production expectations for the near future are good. The utilization of industrial capacities is above the long-term average and, according to estimates by Germany Trade and Invest (GTAI), requires modernization and expansion.

Industrial production should rise by 3.2 percent. Similarly, the investment in the eight most important customer industries for machine tools is up 3.5 per cent. Above all, the focus is on precision mechanics and optics, the aviation industry, the electrical industry, parts of mechanical engineering and metal products. However, German machine tool suppliers aren´t profitting yet. Orders from the Czech Republic had decreased by 18 percent in 2016.

Nevertheless, German machine tool manufacturers are firmly anchored in the Czech industry. They enjoy a very good reputation when it comes to special solutions for special applications in automotive engineering, suppliers and mechanical engineering. Correspondingly, VDW-Messeleiter Christoph Miller specifically encouraged the many medium-sized and smaller users: Get informed about the latest developments in the world of metal processing at EMO Hannover. This appeal was backed by Dr. Jan Smolik from the Czech Technical University of Prague at the press event: "I have visited every EMO since 1999. The EMO Hannover is the best place in the world to get a complete overview of the range of modern production technology. The event informs visitors about all innovations and inspires them."

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