

Digitalization and automation continue to drive mechanical engineering forward - and with them, the requirements for functional safety and cyber security are increasing. For automation engineers, this means that machine safety is becoming a holistic concept.

In the 2025 financial year, the company increased its turnover to 1.85 billion euros, an increase of 6.5% compared to the previous year.

Unemployment in IT and engineering professions rose by 17.6 percent, while the total number of vacancies fell by 23 percent to 99,470.

Steute Technologies, backed by Battery Ventures, has acquired the industrial switching technology specialist and part of Kiepe Electric GmbH

The Spherea Group has signed an agreement to fully acquire the Canadian company Averna.