The status report is the major publication of the German industrial plant engineering industry. Published since 1971 on an annual basis it provides an extensive survey of the sector and has become an established source of high quality information for stakeholders. For this issue, we take a look at the role of the German Large Plant Manufacturers in driving the development of digitalization and new business models. Other featured topics include current challenges in project business and the global economic development.
Economy policy conditions
Based on the comprehensive analysis of the economic situation in the status report the member companies subsequently formulate the need for action in the foreign trade and tax policy.
In order to survive in the challenging market environment and meet customer expectations, the Industrial Plant Engineering division employs a comprehensive portfolio of technological, legal and planning measures.
At €18.3 billion, the new orders booked by the members of the VDMA Large Industrial Plant Manufacturers in 2019 were stable at the previous year's level. The companies were thus able to hold their own in a difficult market environment.
This month we are updating our privacy statement to better understand what information we collect and why. We have also taken steps to improve our features to protect your information and privacy.
There is no change to your current settings or how your data is processed. We have merely improved the explanation of our procedures and explain to you in more detail what options you have to update, manage and delete your data.
We take the protection of your personal data and their confidential treatment very seriously.
General information about the scope of processing of your personal data and about your data protection rights can be found at www.vdma.org/datenschutz.
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