German machinery sales increase.The Plastics and Rubber Machinery division of the VDMA VDMA Verband Deutscher Maschinen- und Anlagenbau e.V. (German) VDMA Verbum Domini Manet in Aeternum (Latin: The Word Of God Resides In Eternity) VDMA Virtual Direct Memory Access (German Engineering Federation) has projected a 5% growth for 2003. The group says that machinery purchases that have been delayed the past several years by product manufacturers is fueling part of the growth. They see another 5% growth for 2004. The strong euro has had little effect on shipments, as exports of polymer machinery have increased 10% this year, the main destination being middle and eastern Europe Eastern Europe The countries of eastern Europe, especially those that were allied with the USSR in the Warsaw Pact, which was established in 1955 and dissolved in 1991. as well as Turkey and the Balkans Balkans, Bulg. Stara Planina (stä`rä plä'nēnä`), major mountain range of the Balkan Peninsula and Bulgaria, extending c.350 mi (560 km) from E Serbia through central Bulgaria to the Black Sea. . VDMA said U.S. demand is still subdued sub·due tr.v. sub·dued, sub·du·ing, sub·dues 1. To conquer and subjugate; vanquish. See Synonyms at defeat. 2. To quiet or bring under control by physical force or persuasion; make tractable. 3. , Mexico has improved and orders from Chinese processors continue to climb at a very high level. |
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