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6th GrindTec Update: Current Economic outlook provides positive impetus for preparations for the trade fair

Dear Sir or Madam,

  • The expectations for the 2020 financial year cannot be met in large parts, but the ifo business climate index is once again pointing in a positive direction. In this challenging year the GrindTec is an opportunity to do business again and to regain economic stability.
  • The GrindTec exhibitors are busy with the preparations for the trade fair, in order to present their innovations and products in Augsburg in November. On the visitor side a recent survey shows that two thirds of the visitors are already planning or preparing their visit to the GrindTec.

Results of the ifo Business Survey for July 2020

Sentiment among German companies has improved further. The ifo Business Climate Index rose from 86.3 points in June to 90.5 points in July. This is the third rise in a row. Companies were notably more satisfied with their current business situation. They are also quite optimistic about the coming months. The German economy is recovering step by step.

ifo Business Climate Index

Current information on the GrindTec: Implementation notes

We have summarised the current information on the GrindTec for you in this video.

List of exhibitors

 

We wish you good preparation for the trade fair, and will be pleased to answer any questions you may have!

Your GrindTec project team