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
Read time: 1 min
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.
There is “no reason for any worries” in the global construction equipment and building material manufacturing industry despite a lack of growth in 2013, according to the German-based VDMA association. In a release issued after the association’s summer board meeting in Hameln, northern Germany, a VDMA spokesperson said, “Bauma, the industry’s leading international fair held in April, in particular helped to change the industry’s mood significantly. Directly or indirectly it led to a great number of new order
The German construction equipment manufacturer's association, the VDMA, has stated that the new EU-exhaust emission directive presents a major challenge for its members.
German construction equipment manufacturers say that they achieved better results than the overall world market for machines during 2015. While German manufacturers’ sales developed positively in this industry, the global market experienced a double-digit downturn. “German companies were not as much affected by the severe downturns, such as in China, Latin America and Russia. Instead, we participated in the above-average positive developments of the European, Middle East, and North American markets,” said J
