BRIGHT FUTURE FOR PHOTONICS
Researching new laser technologies or developing optical networks - on average, photonics companies are investing 9 percent of their turnover into research and development, with some photonics sectors even investing up to 15 percent. As a result, lighting technologies offer great potential for growth and innovation, as shown by two new studies.
OF WINNERS AND LOSERS - TRUMP'S ECONOMIC COURSE
Donald Trump will definitely leave a mark as President. The list of his protectionist announcements is long and growing. None of them have been implemented yet. But some direct and indirect consequences of Trump's policies can already be seen. An analysis.
POLAND IS RELYING ON ITS "COMING OUT" AT THE HANNOVER MESSE
Poland will get a lot of attention during this year's "Hannover Messe". It has big boots to fill. After all, the USA was the partner country of the industry trade fair in 2016. Poland, however, has stepped up to the challenge and would like to show its new strength in Hanover.
IRAN: BACK TO THE FUTURE
Now that most of the international sanctions on Iran have been lifted, the mechanical engineering industry is eager to expand trade relations with the country. While there is great economic potential, there are also obstacles along the way.
LOW OIL PRICE FORCES ARAB COUNTRIES TO REFORM
Since 2014, oil producing countries in the Gulf region have had to adjust to low oil revenues, and the need for economic and social reforms is increasing. Saudi Arabia is pushing ahead with a plan of action that is likely to be at least partly copied by neighboring countries. The reforms will bring both risks and opportunities for the mechanical engineering industry. An analysis.