With its innovative products, the mechanical engineering industry enables sustainable production and consumption. However, it is important to strike a balance between what is technically feasible, political objectives and entrepreneurial cost-effectiveness. Policymakers need to act with a sense of proportion especially in the field of custom-made machinery goods which are often produced by small and medium sized companies.
At the EU Circular Economy Conference in Helsinki, EU lawmakers and industry representatives discussed technologies and policy options which could accelerate the transition towards a circular and sustainable economy.
The European Commission regards environmental and social standards as an essential part of its economic policy. This offers opportunities for mechanical engineering companies - but also the danger of additional requirements.
This month we are updating our privacy statement to better understand what information we collect and why. We have also taken steps to improve our features to protect your information and privacy.
There is no change to your current settings or how your data is processed. We have merely improved the explanation of our procedures and explain to you in more detail what options you have to update, manage and delete your data.
We take the protection of your personal data and their confidential treatment very seriously.
General information about the scope of processing of your personal data and about your data protection rights can be found at www.vdma.org/datenschutz.
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