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MSV
7.-11.10. 2019

International Engineering Fair

Czech manufacturers of machine tools are expecting a record year

 

Manufacture of machine tools in the Czech Republic exceeds the amount of EUR 600 million and will be the highest in history this year. Concerns about the future are raised by the decline of exports to Russia and Germany; so far it has been compensated by exporting to China, and also strengthening positions in the domestic market.

Current development and perspectives in the field were evaluated at a traditional trade fair press conference by the director of the Association of Engineering Technology Oldřich Paclík: "The production of machine tools is growing as is the entire Czech industry, which is visible here at the fair judging by the range of exposures and exhibitors’ activity. The key reason, favourable conditions in the automotive industry, influence a range of disciplines including our own. Our production of machine tools achieved pre-crisis results in 2014, says director Paclík, and this year’s increase is expected to be five to seven percent year on year. This year's production could thus exceed EUR 600 million, which would be the best result in the history of the sector.

In the first half of this year, specialized exports grew slightly too, up by half a billion to 7.6 billion. Grinders are the driving force of Czech exports which increased by 23 percent compared to 2014. Conversely, decline exports concerns machining centres, saws and moulding tools. Despite the generally favourable situation, however, exports showed some negative factors, including a decline in demand in the Russian market, which also affected our exports to Germany. "The decline in exports to Germany is caused by the fact that Germany is the largest exporter of machine tools to Russia, the Czech Republic is fourth. Thus Germany is like us affected by the current restrictions on exports to the Russian market, primarily by financial constraints and secondly by sanctioning restrictions. Czech companies are often subcontractors of German companies, and hence the decline in our exports to Germany in the first half of this year,” said explained Oldřich Paclík. He added that the negative trend is only rather prospectively reflected in China, although in 2014, China was the third most important export territory of Czech machine tools after Germany and Russia.

Even faster than exports, however, was the increase in imports of machine tools, which increased by two billion to 7.7 billion in the first half of 2015. The reason is, according to Director Paclík in the particularly favourable development in the Czech industry. "It now grows and invests, but often it is in foreign hands, and these foreign owners buy machines from their foreign partners. Czech manufacturers of machine tools in fact are typically those who sell equipment to the automotive industry. But the sale of Czech machine tools to Czech customers also grew significantly since manufacturers are trying to make the most of the boom of the domestic industry and place their machines at home. It is natural and right, because the domestic manufacturers are the most competitive on the domestic market," says Oldřich Paclík. He sees further improvement in competitiveness together with the promotion of technical education as the biggest challenges of the Czech machine tools industry in the future.

The Association of Engineering Technology brings together 45 companies, mostly machine tools and forming machine manufacturers. 24 of them exhibit at this year's MSV and the scale of their exhibition space is comparable to last year, when the specialized trade fair IMT was held.

Date: 17 Sep 2015 14:44:00

Concurrently with

Transport and Logistics
7.-11.10. 2019


ENVITECH
7.-11.10. 2019

 

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