Worldwide News
2018.03.09.
Agricultural machinery and tractor manufacturers producing in Germany have experienced an exceptionally good business year. In 2017, a strong growth in turnover of 10 percent, to €7.9 billion, represented the second-best annual result ever achieved by the industry. “The demand for innovative agricultural machinery is greater than it has been for a long time,” stated Dr. Bernd Scherer, Managing Director of the VDMA Agricultural Machinery Association. Satisfactorily high milk prices, in some cases exceeding 40 cents per kilogram, are “the most important trigger for the latest surge of investment in agriculture.”