Tough times for German printers

BVDM's last congress on digital printing before the Covid-19 pandemic. Photo: IPP

Early December, the German language Printers and Media Federation, the BVDM, undertook its 3rd survey on the state of the printing manufacture in Germany this yr. The results evidence that 90% of German printers take been confronted with order decreases and cancellations – presumably due to the Covid pandemic. Of these, lx% written report that the pandemic has battered their businesses.

Even though printers appear to exist slightly more optimistic than during the BVDM surveys of April and June, about one-third of all printing enterprises expect a subtract in sales turnover of 25% or more for this twelvemonth. forty% of the printers surveyed wait that sales will non ameliorate before autumn 2022 at the primeval.

Financial back up of the German government

Most printers – effectually 80%, are making use of a part-time scheme for their production staff, with government financial support. Nevertheless, 40% expect to be compelled to revert to lay-offs in the near future. Three-quarters of all enterprises decided to postpone investments, 63% canceled certain investments altogether, compared to the June survey when but 55% of the enterprises expected to delay investments and 27% to cancel their investment plans.

The survey results are based on forms completed by more than 400 representative enterprises in the printing industry, of whom 75% utilize less than l staff, and another xx% with less than xx staff. BVDM claims that the survey covers all printing industry segments, with most participants – 70%, in commercial printing.

With 12,000 companies, 180,000 staff, and Euro 40 billion (approximately Rs 3,00,000 crore) sales turnover, the German printing industry is the largest in the European union. It compares to the EU's total numbers of 120,000 companies, 630,000 staff, and Euro 88 billion (approximately Rs six,60,000 crore) sales turnover. In much of Europe, the printing industry's state of affairs is very similar to that of their colleagues in Frg.

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