Europe’s technology industries see strong growth in the rear-view mirror and a bumpy road ahead
05/05/2022
After a strong start to 2022, Europe’s technology industries are forecasting sharply lower growth for the full year, hit hard by the impacts of the war in Ukraine. The latest biannual report from Orgalim forecasts 3.8% growth in nominal terms for the European mechanical engineering, electrical engineering and electronics, ICT and metal technology, despite healthy order books and double-digit growth last year.