Growth in Italy's construction machines market

Production output grew 5% in 2010 according to Italy’s construction equipment manufacturing association, Unacea.
February 22, 2012 Read time: 1 min
Production output grew 5% in 2010 according to Italy’s construction equipment manufacturing association, 2539 Unacea.
The provisional data suggested that this business segment was worth nearly €2 billion, 53% of which was from the production of earthmoving machines and 47% to other construction machines.
Italy’s construction equipment output was halved in 2009 compared with the previous year but grew 16% in 2010. Machine exports hit 65% in 2010, compared to 55% in 2009.
Italy’s home market remains stagnant and exports have been a key to the sector’s resurgence but there are concerns, particularly with the current instability in North Africa, which has been a strong market for Italian manufacturers in recent years.

For more information on companies in this article

Related Content

  • Chinese firm Shantui is developing a long term business strategy for growth
    January 6, 2017
    Chinese manufacturer Shantui is expanding its operations with a more diverse range of products – Mike Woof reports Chinese manufacturer Shantui is reorganising its operations to cope with the current tough market conditions, taking a long term view that is geared for future growth. The firm has expanded its operations significantly, broadening its product line away from its reliance on the bulldozer business where it has its origins. Demand for concrete equipment has been strong in China and the firm saw t
    Read More
  • Wacker Neuson sees 7% revenue growth for 2015 but remains cautious
    March 18, 2016
    Munich-based construction equipment manufacturer Wacker Neuson reported growth in revenue for fiscal 2015, despite difficult market conditions. However, a company statement said profit dipped due to crises in key industries and regions, leading to “a cautious revenue and earnings forecast for 2016”. Group revenue was €1.38 billion for 2015, up 7% on €1.28 billion for 2014. When adjusted to discount currency effects, revenue grew by 3%. During the first half of the year, revenue grew 14% on the same
    Read More
  • Hyundai Heavy Industries posts optimistic results
    July 7, 2014
    Equipment manufacturer Hyundai Heavy Industries has published optimistic results in the financial report for its construction equipment operations. The firm’s Annual Report 2013 said that the global construction market slowed in 2013 as economic uncertainty in the US and Europe continued and China maintained its tight credit policies to keep growth in check. In emerging markets such as the Middle East, Brazil, Russia, and Africa, falling international raw materials prices combined with a market slump in th
    Read More
  • Strabag secures US$2.23billion Italian motorway build project
    March 14, 2012
    The US$2.23billion (€1.7billion) contract to build the Pedemontana Lombarda motorway in northern Italy has been won by the Strabag consortium.
    Read More

Highlighted Content