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

  • Trimble offers sophisticated machine control package for mills and slipformers
    January 6, 2017
    Trimble’s sophisticated PCS900 machine control system can now be used on milling machines and slipform pavers, as well as featuring additional functionalities. Jeroen Snoeck, global segment manager for Trimble Navigation, said, “It used to be just for asphalt pavers but now we’re adding two more machines, mills and slipform pavers.”
  • Trimble offers sophisticated machine control package for mills and slipformers
    April 17, 2013
    Trimble’s sophisticated PCS900 machine control system can now be used on milling machines and slipform pavers, as well as featuring additional functionalities. Jeroen Snoeck, global segment manager for Trimble Navigation, said, “It used to be just for asphalt pavers but now we’re adding two more machines, mills and slipform pavers.”
  • World aggregates demand to grow
    March 18, 2016
    The global market for construction aggregates is projected to advance to 51.7 billion tonnes in 2019, representing an annual growth rate of 5.2%, according to a new study by the Freedonia Group.
  • The US National Operations Centre of Excellence launches website
    January 21, 2015
    In the United States, the National Operations Centre of Excellence has officially launched a web site to provide the transportation sector with the latest knowledge and management tools. Practitioners, researchers and policymakers will find on the site the latest resources and have the opportunity to discuss topics related to systems management and operations. The centre launched its website at the Transportation Research Board annual meeting in Washington, D.C. in mid January. Click here to view the site