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

  • Dubuis’s cutting-edge crimping
    February 6, 2012
    France-based Dubuis is unveiling its new Neoelec in line BPL36 crimping tool at Intermat 2012.The company, bought by Stanley Black&Decker in 2006, has designed a crimper with 35kN force and 8mm stroke, weighing 2.1kg and capable of 4-185mm² hexagonal crimping.
  • Fayat Group posts strong financial results
    February 18, 2020
    The Fayat Group has posted strong financial results.
  • Wirtgen targets developing markets
    November 28, 2012
    The Wirtgen Group is committed to expanding its presence in “increasingly important” emerging markets, according to joint group president Stefan Wirtgen. Speaking alongside his brother and co-Wirtgen Group president, Jürgen Wirtgen, at a press conference during the recent Wirtgen Mineral Technology Days 2012 event attended by over 1,400 industry professionals from more than 60 countries, Stefan Wirtgen said: “The markets in the last few years have shifted and emerging markets are playing an increasingly imp
  • JCB adds to Stage IIIB wheeled loader line
    January 6, 2017
    JCB has introduced two additional Stage IIIB-powered wheeled loaders, the 427 and the 437. Replacing the 426 and 436, the loaders use a Cummins QSB engine, which meets the requirements of Stage IIIB without the need for a diesel particulate filter or selective catalytic reduction (SCR). A variable geometry turbocharger improves response, while an optional five-speed powershift transmission with intelligent clutch cut-off system helps to reduce fuel consumption.