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

  • Liebherr posts healthy results for 2013
    December 18, 2013
    The Liebherr Group says that its results for 2013 equal that of the previous year, despite a weak economic climate. The company expects turnover to hit €9.086 billion, while its workforce has grown to 39,670. Despite the conditions, Liebherr has invested more than €800 million in its operations, taking a view that market conditions will improve in the long term and that developing the company further will lead to future gains. The overall economic situation did not improve in 2013 however and according to
    Read More
  • INTERMAT launch for Ammann’s rubber tyred rollers
    January 6, 2017
    The new hydrostatic rubber-tyred AP 240 H roller from Ammann is said to set new standards when it comes to ease of use and driveability. Automatic speed control and a gentle start/stop function deliver outstanding results every time. Ammann’s Easy Load ballast system allows fast and easy machine weight adjustment, extending from 9,630kg up to 24 tonnes. An automatic tyre inflation system enables the tyre pressure and contact area to be carefully matched to the surface. Options include thermal skirting, a s
    Read More
  • INTERMAT launch for Ammann’s rubber tyred rollers
    April 12, 2012
    The new hydrostatic rubber-tyred AP 240 H roller from Ammann is said to set new standards when it comes to ease of use and driveability. Automatic speed control and a gentle start/stop function deliver outstanding results every time. Ammann’s Easy Load ballast system allows fast and easy machine weight adjustment, extending from 9,630kg up to 24 tonnes. An automatic tyre inflation system enables the tyre pressure and contact area to be carefully matched to the surface. Options include thermal skirting, a s
    Read More
  • Volvo CE president speaks of industry giant’s goals for bauma 2013
    January 6, 2017
    Volvo Construction Equipment president Pat Olney has stressed the importance of the bauma show to the industry giant ahead of the 2013 event. Speaking during the recent inauguration of Volvo CE’s new Americas HQ in Shippensburg, Pennsylvania, he said: “Bauma is a major show in Europe and also attracts international visitors.
    Read More

Highlighted Content