Janpeter Horn / VDMA / Chairperson

In view of the current world situation, long-term forecasts are not very serious. The VDMA member companies’ order books are well filled after the pandemic-related slumps in 2020. However, ever-increasing raw material prices, massive supply bottlenecks for precursors, expensive and difficult transport conditions, and huge increases in energy costs are presenting many technology manufacturers with major challenges. Added to this are now the unforeseeable consequences caused by the war in Ukraine.
Janpeter Horn