Germany's mining equipment manufacturers have come out of recession. Following a decline in turnover of some 21% down to €2.8 billion this year, the sector foresees stabilization in 2017.
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The worldwide success of the branch is based on the fact that mining has a long lasting tradition in Germany and there is still a lot of mining in the country. German manufacturers and VDMA Mining Equipment do a lot to keep the leading position in mining technology, especially in underground mining and in safety technology.
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