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Machinery Manufacturers are Currently Drawing on their High Order Backlogs

A recent survey by the VDMA shows that 44 percent of mechanical engineering companies in Baden-Württemberg are cautiously optimistic about the rest of the year. The reason for this is an improvement in the supply of materials, with the exception of electronic components. As a result, 68 percent of companies in Baden-Württemberg expect nominal sales growth for 2023.