2017 has been a good year for European fastener businesses. The order situation is generally very positive due to the strong economic development in Europe and worldwide.
Leading German fastener distributors reported sales increases reaching on average over 8% in the first three quarters of 2017. This is significantly higher than 2015 and 2016 when sales growth remained below 1% and 2% respectively. Manufacturers, too, benefit from the growing demand for fasteners. Producers such as Bulten AB reported significant sales increases in 2017. I am sure this positive trend will continue in 2018.(…)
