A report from the VDMA (the German Engineering Federation) says that mid-year business situation is highly diverse for companies in the German construction equipment and building material machinery industries.
February 27, 2012
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A report from the 1331 VDMA (the German Engineering Federation) says that mid-year business situation is highly diverse for companies in the German construction equipment and building material machinery industries.
A report from the German construction and building equipment manufacturer’s association, the VDMA, reveals steady sales for 2014. According to the report, German manufacturers of construction equipment are expecting to see a growth of 5% throughout 2014. In 2013, sales for the entire industry reached €11.7 billion.
“This forecast is, however, based on several different backgrounds,” said Sebastian Popp, the VDMA’s expert on economics explains the situation. He explained that with construction equipment, th
The VDMA is to have a representative office in São Paulo, Brazil. This means the German construction equipment and machinery organisation will be represented in all of the BRIC countries with its own offices. “Brazil has become very important for the German engineering sector during the past few years. More than one fourth of the German exports are machines and plants. Especially materials handling technology, power transmission engineering as well as food processing machinery and packaging machinery are in
Steady financial performance is claimed for the German equipment producers in 2012, according to the manufacturing association VDMA. The German construction equipment and building material machinery industry generated €12.5 billion in turnover during 2012 according to the latest results. Of this, construction equipment accounted for €7.9 billion, while €4.6 billion of business came from the building material, glass and ceramics machinery sector. This is a nominal decrease of around 1% compared to 2011. Afte
The German VDMA association for construction equipment and building material machinery is holding road show called Cement + Minerals during May 2013 that will stop in Peru, Chile and Brazil. Seven companies working in the field of cement engineering and mineral processing are joining forces. These companies will invite South American cement manufacturers and extraction industry operators to familiarise themselves with advanced solutions for secondary breaking, thermal treatment, feeding and screening techno
