Economic survey of the IVAM Microtechnology Network confirms losses in turnover, lower export shares and funding gaps - diversification and new products are now in demand.
Effects of economic crisis expected to abate in 2010
Business development in the European micro, nano and materials industry in 2009.Enlarge image
The impact of the ongoing economic crisis on the microtechnology, nanotechnology and advanced materials industries is expected to be less noticeable in 2010 than in the previous business year. A year ago, however, an improvement in the economic situation had been predicted by industry representatives for 2009 as well, a year that did not develop as positively as expected. But still, the expectations for 2010 prove that the industry has not lost its optimism. In the second half of 2009, “excellent business” has been reported by individual companies. Due to an increasing demand from the semiconductor sector, some companies have directly changed over from short-time work to weekend shifts.
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