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.
NEW SALES RECORD IN GLOBAL MECHANICAL ENGINEERING
The demand for capital goods has seen little development in 2015. Still, global machine turnover has increased by 10 percent to the new record level of 2570 billion euros. The growth is palliated due to changes in exchange rates - in truth, there was a different development.
RUSSIA: FROM EXPORT MARKET TO PRODUCTION LOCATION?
Russia's economy is suffering from the falling oil price, with western sanctions inhibiting the country's economic development. The current magic catchphrase in Russia is import substitution. The state decreed build-up in Russia's own production capabilities is intended to trigger the long overdue structural transformation in the country’s economy. Can this succeed?