3rd GrindTec Update: Positive outlook of the industry
Dear Sir and Madam,
the press conference for GrindTec 2020, on Thursday, July 2, was supported by positive impulses:
New ifo figures indicate a clear improvement in the business climate for the next six months. In addition, since last week there has been concrete information and advice on the implementation of GrindTec from the Bavarian State Government. There are also positive signals with regard to the restoration of the freedom to travel, and thus for our international exhibitors and visitors.
New ifo figures signal significant improvement for the next six months
During the Corona crisis, the business climate index fell to a historic low of 74.3 points. Current figures of the ifo business climate index and evaluations by Statista are already showing positive trends again: The interviewees from the manufacturing industry are betting on the future and are expecting a clear improvement - which has a decisive effect on the current business climate and sets the course for the GrindTec.
Another positive signal can be heard from the automotive industry: Volkswagen ended short-time working on July 1, and production at the core brand is once again running at full capacity. Production at other car manufacturers and suppliers is also currently being ramped up again.
Preparations for the fair autumn
On 23 June, the Bavarian State Government published the guidelines for the restart of trade fairs. The most important point is the registration of visitors. Thanks to the concept, GrindTec Exhibitors and visitors can expect a relaxed visit to the trade fair.
Current information on entry into the EU from third countries
On Tuesday, June 30, the EU Commission announced a decision to lift restrictions on travel to the EU from 15 different third countries as of July 2, 2020. This decision is a kind of recommendation to the respective EU member states and already indicates that travel restrictions to Germany will be lifted again for many international trade fair visitors. As a result of these relaxations, numerous international exhibitors and visitors will now be able to prepare themselves concretely for their visit to GrindTec 2020.
We wish you good preparation for the trade fair, and will be pleased to answer any questions you may have!
Your GrindTec project team