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European Defense Industry 2021: Challenges and Trends

Epicflow Blog

The military forces provided their military and field hospitals and staff in 2019-2020 when the number of infected was enormous. billion , compared with 2019’s $2.74 billion due to the pandemic. . For example, Russia is going to reduce military spending by 5% due to the pandemic’s negative consequences. in 2020 to $2.27

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2021 Automotive Industry Challenges and Trends 

Epicflow Blog

The Western European automobile market will need about 10 years to reach the size of 2019 again.” – says Prof. At the same time, while the whole world is suffering huge losses due to shutdowns, the Chinese automotive industry has been fruitfully developing after a couple of months of deadtime at the beginning of 2020.

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