Mechanical Engineering Industry Association information
Association of German and European Mechanical Engineering Companies
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Verband Deutscher Maschinen- und Anlagenbau e.V.
Abbreviation
VDMA
Formation
1892
Purpose
Professional Society
Location
Germany
Region served
Germany
President
Karl Haeusgen
Website
www.vdma.org
The Mechanical Engineering Industry Association (VDMA) is a German association of 3,600 German and European mechanical and plant engineering companies. 'Industry' refers to innovation, export orientation and SMEs. The companies employ around 3 million people in the European Union (EU), and more than 1.2 million in Germany alone. This makes mechanical and plant engineering the largest employer among the capital goods industries, both in the EU and in Germany. In the EU, it represents a turnover volume of an estimated 860 billion euros. Around 80 percent of the machinery sold in the EU comes from a manufacturing plant in the domestic market.[citation needed]
The association was founded in 1892.
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