Berlin/Düsseldorf – Federal Minister of Economics Peter Altmaier is working on a concept to revive the German economy after the acute crisis. This concept is not limited to economic stimulus programs but is intended to improve the competitiveness of the domestic economy.

Munich – Dr. Frank Stieler will resign from his office as CEO of KraussMaffei Group GmbH on March 31, 2020 and Dr. Michael Ruf, present COO of the company, will take over the position from April 1, 2020. The COO position will not be taken again.

Linz - Short-time work in Austria and other European countries unavoidable.

Franfkurt - Steel prices have been relatively robust in recent weeks.

Taipei - Taiwan's exports in 2019 were $ 3.064 billion, of which approximately $ 2.538 billion were for machine tools and $ 52.6 million for metal-forming machine tools.

Augsburg - KUKA was able to significantly improve its earnings and to achieve a positive cash flow.

Stuttgart – Bosch Healthcare Solutions is currently working on the development of a COVID-19 rapid testing kit for the Vivalytic platform and will launch this in April 2020. The Vivalytic VRI test (Viral Respiratory Tract Infections) checks the patient’s sample for the SARS CoV-2 virus.

Düsseldorf  – Although crude steel production in Germany increased by 4 percent year-on-year to 3.5 million tonnes in February, this was starting from a low level.

Hannover. – HANNOVER MESSE cannot take place this year due to the increasingly critical situation surrounding the Covid-19 pandemic. The Hannover region has issued a decree that prohibits the staging of the world's leading tradeshow for industrial technology.

Frankfurt - The companies of the VDMA Large Industrial Plant Manufacturers' group performed well in a volatile market environment characterised by strong price and competitive pressure.

Berlin –  In today’s world, a high level of precision and fast delivery times are crucial to the production of individual components. Online manufacturer FACTUREE is meeting these new requirements with its wide range of manufacturing services, quick response times and on-time delivery.

Düsseldorf/Moscow – AO EXPOCENTR, Messe Düsseldorf GmbH and OOO Messe Düsseldorf Moscow are postponing the leading networking platform for the Russian oil and gas industry NEFTEGAZ due to the effects of the Coronavirus Covid-19.