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

  • Oregon: ready to go with OReGO
    June 23, 2015
    The US state of Oregon’s new pay-by-the-mile road usage charge program, OReGO, took a step forward last month.
  • Programme planned for Paris pavement preservation summit
    February 12, 2014
    Plans are now in hand for the AEMA-ARRA-ISSA-PPRA-IBEF-FP2 Pavement Preservation World Summit. This will be held from February 22nd – 25th 2015 at the Palais des Congrès Convention Center in the French capital, Paris. The website for the event is also in place: pprsparis2015.com and gives details of the programme. According to the organisers, the PPRS Paris 2015 event will provide a discussion focus for shared projects and ambitions. It follows the PPRA’s decision to organise an annual meeting in Paris in 2
  • Herrenknecht delivers small diameter shaft drilling solution
    January 6, 2017
    Herrenknecht has developed a boxhole boring machine (BBM), based on its proven microtunnelling pipe jacking technology. The BBM1100 has been designed to drill slot holes and inclined shafts with a diameter of up to 1.1m and a maximum length of 30m. The machine uses a compact crawler base, with a modular jacking frame, cable drum and power pack that can be positioned separately if required.
  • Herrenknecht delivers small diameter shaft drilling solution
    April 14, 2013
    Herrenknecht has developed a boxhole boring machine (BBM), based on its proven microtunnelling pipe jacking technology. The BBM1100 has been designed to drill slot holes and inclined shafts with a diameter of up to 1.1m and a maximum length of 30m. The machine uses a compact crawler base, with a modular jacking frame, cable drum and power pack that can be positioned separately if required.