If Ifo surveyed the Netzsch company this month that would go some way to explaining the bouyant mood amongst German businesses. Netzsch is a family owned Bavarian company, that produces oil extraction equipment. With oil prices soaring oil companies are beginning to invest in new equipment, especially for operations that were formerly considered unprofitable. Specialized in up-stream and down-stream pump systems, Netzsch has 2,700 employees worldwide with annual sales of 200 million Euros.