The VDMA represents 3.600 German and European mechanical and plant engineering companies. The industry stands for innovation, export orientation and SMEs. The companies employ a total of around 3 million people in the EU-27, more than 1.2 million of them in Germany alone. This makes mechanical and plant engineering the largest employer among the capital goods industries, both in the EU-27 and in Germany. In the European Union, it represents a turnover volume of an estimated 860 billion euros. Around 80 percent of the machinery sold in the EU comes from a manufacturing plant in the domestic market. More information...
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