German, European industries study possibilities of shifting part of production bases to other countries
Many German engineering companies are considering shifting a part of their production to other bases, including their research and development facilities. Ing.Timo Wurz, Managing Director (Metallurgy and Thermprocessing) of VDMA, told The Hindu recently that not all companies can look at investments in other countries. Thus, while some are able to cope with the current challenges, there…
