mechanical engineering
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R&D keeps Trumpf ahead of the pack
Machine tools and laser technology company Trumpf continues to spend heavily on R&D in spite of the difficult business environment. CEO Nicola Leibinger-Kammüller is critical of elements of German industry that are quick to call for state aid.
Businesses need to publicise salary levels to recruit young talent
The shortage of skilled labour is causing problems in Germany's mechanical engineering sector. Companies need to communicate better to attract young talent, says Jörg Friedrich from industry association VDMA.