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The Capital Office
For the VDMA, representing the political interests of its members is a core service. The Capital Office sees itself as an intermediary not only for the interests of our members, but also for political contacts with companies.
The Mechanical engineering industry supports the gradual loosening of the corona restrictions. It would now also be necessary to re-open borders in Europe and make sure that regulations within the EU are uniformly implied.
The number of short-time work notices in the mechanical engineering industry has risen to a record level. Now, labour market policy must not now put an unnecessary burden on companies and the social security system.
The corona pandemic and the lockdown to contain it have hit society and industry hard - with hitherto unforeseeable consequences. In particular, companies acutely need sufficient liquidity to cope with the direct and indirect consequences of the pandemic and to bridge the period until the economy picks up again.
Important visit to the VDMA: Federal Minister of Finance Olaf Scholz discusses the major issues of global politics as well as the details of corporate taxation with the VDMA Executive Board. MEP Daniel Caspary calls on entrepreneurs to raise their voice for Europe.
The mechanical engineering industry is increasingly feeling the effects of the corona pandemic; orders are reduced or even cancelled. According to the VDMA flash survey, many companies are making capacity adjustments.
The Grand Coalition wants to extend the period for which employees can receive short-time work benefits beyond 12 months. Many mechanical engineering companies could benefit from this. The government is thus fulfilling an important demand of the VDMA.
The measures to combat the corona pandemic must be implemented with consistence. This applies in particular to quarantine rules for persons entering Germany for professional reasons. There must be a smooth, uniform European procedure in this field.
According to the latest VDMA survey, the effects of the corona pandemic in China are less severe than was expected only recently. Nevertheless, the mechanical engineering industry is expecting a sharp drop in sales.
Since December 2019 a growing number of infections with the novel corona virus has been reported in the city of Wuhan and in the Hubei region. This virus has now also been detected in other regions of China. VDMA member companies have already taken measures.
In a fire letter to the Federal Minister of Labour and Social Affairs, Hubertus Heil, VDMA President Carl Martin Welcker spoke out in favour of an immediate extension of the period for which short-time work benefits are paid from 12 to 24 months.
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