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.
April 19, 2012 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

  • Indeco adds demolition sorting grab range
    April 17, 2012
    Indeco has added a full range of demolition sorting grabs to its product line-up. The company started out in 1976 making breakers and has continued to add new types of attachment as operators increasingly look to use specific equipment for each application to cut times and costs. “Hammers still represent our core business but dealers have been asking for a wider range of Indeco demolition attachments to serve customers,” said commercial director Michele Vitulano, who is the son of the company’s founder.
    Read More
  • Fayat is boosting its share of the Chinese road machinery market
    January 6, 2017
    The Fayat Group is boosting its share of the Chinese market through a series of key model launches. One key launch is for the BF800C paver, which is available in a specification to suit Chinese market needs. Sales and marketing manager Jacques Bonvallet said, “Customers are now looking for high tech solutions and they are starting to change their minds.
    Read More
  • Fayat is boosting its share of the Chinese road machinery market
    November 27, 2014
    The Fayat Group is boosting its share of the Chinese market through a series of key model launches. One key launch is for the BF800C paver, which is available in a specification to suit Chinese market needs. Sales and marketing manager Jacques Bonvallet said, “Customers are now looking for high tech solutions and they are starting to change their minds.
    Read More
  • Ihimer adds to skid steer line-up
    January 6, 2017
    Ihimer, the joint venture between Japanese company IHI and Italian firm Imer, has added two skid steer loaders to its growing range of compact equipment. The AS30 and AS34 have operating weights of 3,150kg and 3,500kg respectively, with rated working loads of 850kg and 1,020kg. Power comes from a 50kW Kubota engine in the smaller machine and a 61kW Yanmar motor in the AS34. The company already has a smaller AS12 model, and will launch AS18 and AS22 skid steers at next year’s Bauma show in Munich. IHI also b
    Read More

Highlighted Content