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CECIMO avenue Louise 66 1050 Brussels, Belgium http://www.cecimo.eu
Contact Mr Filip Geerts +32 2 502 70 90
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CECIMO

CECIMO announces an optimistic forecast for 2018 and gives recommendations to the EU on data access rights

(PresseBox) (Mainz, )
During its General Assembly in Mainz, CECIMO reported that its machine tool production saw an 8% gain in 2017, outpacing earlier forecasts. The turnover of CECIMO manufacturers reached €26 billion, marking an extraordinary recovery from the last year’s small loss and securing a 33% global market share. For 2018, the outlook is very optimistic: our largest producers expect a 7%-9% increase, as orders do not indicate a slowdown in sales. On the policy side, the General Assembly debated the European Commission’s latest package on Artificial Intelligence, which set out a three-pronged approach: investments, preparations for socio-economic changes, and an ethical okgygyqij.

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