Home Media Corner Media Releases Pressure builds on companies in the MEM industries
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

For more than five quarters now, the Swiss mechanical and electrical engineering industries (MEM industries) have been recording declines in new orders. Sales have stagnated, while pressure on prices and margins has persisted. As a result of the gloomy economic prospects for the EU – the key sales market – there is no recovery in sight. Although MEM companies are continuing to display astonishing resilience, few are in a position to absorb any further negative developments.

Last update: 22.08.2012