Dear Reader, Dear Members and Friends,
Bavaria’s strong ties with the United States are a cornerstone of its economic success.
The U.S. has been Bavaria's most important foreign market for many years. However, following strong growth in 2015, Bavarian exports to the U.S. fell by 5 percent in the first half of 2016.
This underlines that our future prosperity and jobs very much depend on concluding an ambitious trade and investment agreement (TTIP) with the U.S. as soon as possible.
The age of isolated markets has long passed – Bavaria, Europe and the U.S. need to shape globalization jointly in both their interests.
I hope you enjoy reading the articles in this month’s newsletter.
About BavariaVocational training in the Bavarian M+E industries
A new survey shows that the Bavarian metalworking and electrical companies offer competitive remuneration and a high retention rate to young apprentices.more
EconomyEconomic Outlook, September 2016
The leading indicators for Germany are pointing downwards, the situation in the Eurozone and the world economy remains mixed. See here for the September figures.more
EconomyThe bayme vbm Business Report, First Half of 2016
The Bavarian metalworking and electrical industries report rising levels of production, incoming orders and employment in 2016. However, the mood is clouding in the face of growing global challenges.more
Legal affairsData Protection in Employment Relationships
Employers need to be aware of their legal obligations when collecting, processing and using their employees’ data. Our legal info illustrates the relevant German legal norms and gives practical examples.more
Innovation + technologyBig Data in Bavaria’s Future Technologies
The Council for the Future of the Bavarian Economy shows how Big Data can add value in Bavaria’s key future technologies – for example in Industry 4.0, life sciences or geo-mapping.more
Our servicesThe bayme vbm ServiceCenter Energy and Raw Materials
Reliable and assured supplies of energy and raw materials are essential for the metalworking and electrical industries. Our ServiceCenter Energy and Raw Materials helps our members to gain competitive advantages.more