Pumps and compressors are ready for the current year
Nicolaus Krämer
Dear readers ,
Alexander Peters
We continue to live in uncertain times . Global crises unfortunately continue to keep us on tenterhooks and political escalations are causing uncertainty among investors . The climate crisis has also left its mark on many countries . It is therefore of the utmost importance that we achieve the climate targets for future generations . We can also see this as an opportunity . After all , our members have always scored with innovations that are increasingly energy-efficient , as you can read in the new issue of our magazine “ Pumps and compressors for the global market 2024 ”.
We have seen a positive development in terms of supply bottlenecks : while many manufacturers were still severely affected in 2022 , the situation has eased . In the flash survey last October , only 5 per cent of our members stated that they were still facing significant restrictions on the procurement side , as you can read in the interview with Christoph Singrün . The companies ’ resilience has also proven itself in 2023 thanks to their global presence . In addition , the transformation of the markets with regard to the construction of LNG terminals and the production of green hydrogen is opening up new areas of business . On the other hand , the EU ’ s regulatory frenzy is putting companies under sustained pressure . In October , 76 per cent of respondents stated that they would like to see an improvement in bureaucratic requirements .
Trade fair business was in full swing again last year . Unfortunately , however , the Federal Ministry for Economic Affairs and Climate Protection ( BMWK ) massively cut foreign trade funding for German companies in 2023 . Fortunately , the ministry will not make this cut again this year , which will benefit SMEs . We are relying on the German Pavilions concept . We are particularly pleased that exhibitors will benefit from online