In the future, German industry needs 90,000 newly trained engineers per year. Mr Herrenknecht believes the nation needs to much more intensively provide for new technological advances and the young talent needed for this in all major engineer-driven areas.
Herrenknecht has been increasing his own commitment through targeted funding and supporting of technical and scientific educational institutions as well as related promotion of young talent.
"I too have only been able to create a globally leading company in specialized mechanical engineering because our en-gineers, technicians and skilled workers were able to build on excellent, progressive and practically applicable technical training," says Mr Herrenknecht.