Federico Costa, managing director of Febametal in Turin, has been elected as the new president of the European Cutting Tools Association (Ecta) for a four-year term. Succeeding Marcus Horn, Costa aims to navigate the European tool manufacturing sector through challenges posed by geopolitical uncertainties and new EU regulations.
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Ecta: Travel restrictions limit business severely
Corona pandemic Ecta: Travel restrictions limit business severely Related Company (Source: Public Domain / Pixabay )
Precision tools such as cutting tools and clamping devices are products that need expert explanation, emphasizes the European Cutting Tools Association (Ecta) in a press release. It often requires on-site technical support. Due to quarantine, this has not been possible for several months, or only with severe restrictions and consequences for the people travelling. On one hand orders are lost and on the other new orders outside a domestic market cannot be concluded or only to a very limited extent, the association states.