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Upward Trend for Austria's Machinery and Metal Products Industry

Published: March 25, 2011; 03:12 · Updated: March 25; 03:12 · (Vindobona)

The Austrian machinery and metal products industry has recovered in 2010 from a very difficult previous year. Orders increased to € 29.6bn (+18.3%), production to € 32.7bn (+6.5%).

Upward Trend for Austria's Machinery and Metal Products Industry / Picture: © Vindobona.org

"For this year we expect an increase in output in the high single digits," said Clemens Malina-Altzinger, Chairman of the Association of the Austrian Machinery & Metalware Industries, optimistically. However, the industry will take some time to regain the high level of 2008.

Exports also rose in the previous year. Overall, they were 11.9% higher than in 2009 and reached €…

This article includes a total of 245 words.

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