mechanical engineering

German machinery & equipment exporters are increasing their presence in the United States market. But with uncertainty over the policies of incoming President Donald Trump, diversification into other markets remains key.

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.

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.