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10-14-2011

Euromap: General Assembly 2011

Euromap‘s role in the global production development  (Euromap stands for 9 countries – incl. Germany and Italy)

Euromap‘s role in the global production development (Euromap stands for 9 countries – incl. Germany and Italy)

The European plastics and rubber machinery industry achieved remarkable rates of growth in 2010 and 2011 and is on course to match the 2008 record. "Our industry recovered very well from the economic and financial crisis in the countries associated with Euromap; this year’s production volume in the core machinery business is expected to reach almost 11 billion Euro," said Bernhard Merki, the European federation’s newly re-elected President at the press conference, held on the occasion of the triennial General Assembly.

In late 2009, orders started to pick up again – albeit from a very low level – and this upswing continued during the whole of 2010 and well into 2011.

Rates of growth as regards global output and exports of plastics and rubber machinery were even higher. The increase was mainly attributable to Chinese manufacturers setting the pace in terms of output. Japanese competitors, which had been badly hit in 2009, emerged from the crisis very quickly and in surprisingly good shape. The upswing in Asia’s industry and emerging economies caused Euromap’s share in global output and exports to fall back slightly.

Euromap’s next General Assembly will take place again in three years.

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