Skip to main content

Fayat “ready to play part” in beating economic gloom

The Fayat Group’s road building division is “ready to play its part” in overcoming the global economic downturn, Group general manager Jean-Claude Fayat told a press conference at INTERMAT. “The crisis is not over. The financing aspects have to be handled with care,” said Fayat, who stressed how the French Group’s “diversification and internationalisation” had left it in “good shape” to come through tough economic times.
January 6, 2017 Read time: 2 mins
Fayat sales and marketing manager Jacques Bonvallet
RSSThe 2779 Fayat Group’s road building division is “ready to play its part” in overcoming the global economic downturn, Group general manager Jean-Claude Fayat told a press conference at INTERMAT.

“The crisis is not over. The financing aspects have to be handled with care,” said Fayat, who stressed how the French Group’s “diversification and internationalisation” had left it in “good shape” to come through tough economic times.

Fayat also highlighted the construction industry giant’s continuing machine innovation and growing number of commercial subsidiaries, most recently including the launch of Fayat-Bomag Russia, Fayat-172 Bomag Polska, 273 Marini Turkey, and Marini India.

As an employer of 18,000 staff with latest annual turnover hitting €32bn, Fayat sales and marketing manager Jacques Bonvallet said the Group had also been keen to focus on its internal development.

“There has been a significant increase in the size of our factories in Shanghai and Beijing. We are also studying the possibility of opening a new factory in India,” said Bonvallet.

www.fayat.com

Hall: 3 Stand: C041/42

RSS
View more stories
View more videos

For more information on companies in this article

Related Content

  • Innovation is behind all business partnerships
    February 24, 2015
    While reclaimed asphalt pavement is not a new idea, there are new and innovative technologies coming all the time to improve its application and durability. This RAP is “black gold”, as Thierry De Sars, technical director at Groupe Fayat, told delegates at the Pavement Preservation and Recycling Summit conference in Paris this week. But it all comes down to cost savings and efficiencies that importantly include increasingly precise dozing to get the exact amount of bitumen laid down on a pass. De Sars cauti
  • Guntert and Zimmerman slipform paver lands in Europe
    January 6, 2017
    Guntert & Zimmerman (G&Z) has launched the new S600 multi-purpose concrete slipform paver at INTERMAT. According to company spokesperson David Lipari, the S600 is designed to address the markets shift from large dual lane, mainline paving jobs to smaller cut-up projects. “The S600 is designed to fulfill the need for a small or medium, versatile, multi-purpose paver that retains the ability to achieve good smoothness numbers,” said Lipari.
  • Show me the money at Australian Summit
    September 4, 2012
    The question of how to finance and fund major road infrastructure projects in Australia – including the potential role of user-pays charging as a funding solution – was top of mind at the recent Roads Australia National Summit in Sydney. The two-day summit, organised by peak national body Roads Australia, is the largest and most influential annual gathering of industry decision-makers in the country. This year’s summit was held against a backdrop of concern over the future of a raft of major road projects t
  • Make the case for electronic tolling, ASECAP conference delegates heard
    September 14, 2015
    Mobility pricing and electronic tolling is the future, delegates to a recent ASECAP Study Days conference, reports Geoff Hadwick at the Lisbon event. The international road tolling industry is failing to make its case and the sector is losing out to other social and political lobby groups. As a result, “tolling is still on the sidelines”, according to the head of the Washington-based International Bridge, Tunnel and Turnpike Association. IBTTA chief executive Pat Jones issued his stark warning at the