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Analysis
German exports of plastics machinery to Russia fall
Coming in at third place in the export ranking, Russia and Eastern Europe remains one of the most important markets for the German manufacturers of plastics and rubber machinery.According to figures provided by the VDMA (German Engineering Federation), Germany exported about €96.7 million worth of machinery for plastics and rubber to Russia in the first three quarters of 2009, a drop of almost 50% in comparison to the figures from the same period last year. Before the global economic crisis, sales in the region had seen years of steady growth. Bernd Nötel from the association for plastics and rubber machinery, a division of VDMA, confirmed that there are signs of a new wind.
