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

  • Clément Fayat Foundation formed
    December 11, 2020
    The Fayat Group has formed the Clément Fayat Foundation.
  • Allison transmission is now offering fully automatic options for off-highway machines
    January 6, 2017
    Allison Transmission is offering a wide range of fully-automatic transmissions aimed at the construction market. The company claims that fully-automatic transmissions deliver driving precision and reduce driver distraction in heavy-duty construction vehicles, when operating on difficult terrain and on steep slopes. The Allison 3000 and 6000 series units suit duties in a wide range of construction applications. The smallest Allison 1000 Series is used in heavy-duty pickup trucks, while the largest 9000 Ser
  • Allison transmission is now offering fully automatic options for off-highway machines
    April 17, 2012
    Allison Transmission is offering a wide range of fully-automatic transmissions aimed at the construction market. The company claims that fully-automatic transmissions deliver driving precision and reduce driver distraction in heavy-duty construction vehicles, when operating on difficult terrain and on steep slopes. The Allison 3000 and 6000 series units suit duties in a wide range of construction applications. The smallest Allison 1000 Series is used in heavy-duty pickup trucks, while the largest 9000 Ser
  • Lectura’s highlights plant data services
    January 6, 2017
    Lectura Publisher is showing its plant data services as well as those of TER, the UK-based national register that fights against plant theft. Lectura collects and tracks technical data from equipment manufacturers as well as monitoring the latest new and used prices of each model. Information is available in printed multilingual books or online.