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Contact Person  Noé Blancpain Noé Blancpain
Head of Communications and Public Affairs
+41 44 384 48 65 +41 44 384 48 65 n.blancpainnoSpam@swissmem.ch

MEM industries: sideways movement expected

The pronounced growth momentum that continued to drive the business performance of the Swiss mechanical and electrical engineering indus-tries (MEM industries) at the beginning of 2014 gave way to stagnation in the third quarter of the year. New orders more or less hovered at their prior-year level, advancing 0.3 percent, while sales fell by 4.2 percent. At present, companies do not expect to see a rapid improvement in the business climate owing to the weak economic trend in the main European markets.

Last update: 18.11.2014