28.01.2010: Micro, Nano and Materials Industry reports drops in turnover in 2009

According to the European Microtechnology, Nanotechnology and Advanced Materials industry, sales in 2009 clearly went down, much more so than in the previous year, 2008. More than one quarter (27%) of the companies reported a turnover decreasing more than 10% - only one tenth of the companies (10%) had expected cutbacks on such a big scale for 2009. The percentage of companies that could report a turnover increasing more than 10%, however, has fallen from 30% in 2008 to only just 12% in 2009. In total, the European microtechnology, nanotechnology and advanced materials companies achieved a turnover of just under 44 billion Euros in 2009.

Source: IVAM Research, Survey of the European Micro, Nano and Advanced Materials industry, December 2009