- Published: Wednesday, 16 September 2020 04:48
- Written by ASIA Miner News
After a successful recovery phase, which ended in 2019 with sales of just under € 5 billion, the COVID-19 crisis has hit not only German mining suppliers, but the entire mechanical engineering industry and the economy in general. Also, our worldwide customers are of course affected. In 2019, the Asia-Pacific region accounted for almost a quarter (24.47 per cent) of all exports of our industry. This means export earnings of € 465 million – compared to the total export sum of € 1.9 billion. For Q1/2020 the preliminary figures are not overwhelming.