Riccardo Rosa, president of UCIMU-SISTEMI PER PRODURRE, stated: “Domestic demand is still too weak, despite the 'plus sign', no improvement regarding the automotive sector and 'uncertainty Made in the USA' are the critical issues affecting the daily work of Italian manufacturers, who are concerned about the near future. The economic policy tools being defined by the Government authorities for…

In the third quarter of 2024, Italy’s machine tool industry showed a positive shift, with a 7.9% increase in orders compared to the same period in 2023. The index, compiled by the Italian machine tool manufacturers’ association Ucimu-Sistemi per Produrre, reached a value of 52.7 (base year 2021 = 100).A notable contributor to this growth was the overseas market, which saw a 10.7% rise in orders,…