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SST expects that the output value of machine tools in 2009 will fall by more than 10%, mainly due to the large decline in Jinchee machine tools. This forecast is based on information obtained from members of the association and will be further elaborated based on the current developments.
In 2008, Czech machine tool exports increased by 9%. Its domestic machine tool companies mainly export drill presses and other gold cutting machine tools, of which one-third are exported to Germany and the rest are exported to Russia, Slovakia and Poland. In contrast, Czech machine tool imports fell by 4% in 2008. Most of the imported machine tools are forming machine tools. Imports of woodworking machines, sawing machines and drilling machines fell the most, at around 1/3. More than one-third of imported machine tools come from Germany, and one-tenth come from Japan, Italy and Taiwan.
The Czech Republic Engineering Technology Association (SST) was established in 1990 and its member companies include major Czech machine tool manufacturers (eg Alta, Kovosvit MAS, CKD Blansko Holding, etc.).
Czech machine tool output increased by 13% in 2008
According to the statistics of the Czech Republic Engineering and Technology Association (SST), despite the economic crisis, the output value of Czech gold-cutting machine tools and forming machine tools in 2008 increased by 13% from 2007 to reach 15.6 billion CZK.