Skip to main content

Hitachi's Morocco deal

European Hitachi Construction Machinery dealer Moviter is expanding into Africa. The Portuguese company is venturing into Angola and other countries on the continent with historical and linguistic links to its native land.
April 26, 2012 Read time: 2 mins
European 233 Hitachi Construction Machinery dealer Moviter is expanding into Africa. The Portuguese company is venturing into Angola and other countries on the continent with historical and linguistic links to its native land. Leiria-based Moviter, part of the Movicortes Group, linked up with Hitachi in 1993, cashing in on a huge and prolonged investment in Portugal’s infrastructure which saw building companies keen to use high performance construction machinery. Now that domestic demand for construction machinery has waned, Moviter is looking to new underdeveloped markets to for its Hitachi fleet. The company already has customers with machines in more than 14 African countries, all requiring the Hitachi Support Chain after-sales programme. As Hitachi’s preferred dealer for the Angolan market, Moviter hopes to use its status in the country to build a more significant commercial presence across the entire African continent. Movicortes Manager and Board Member, Arnaldo Sapinho, said Angola was an obvious choice for its ambitious expansion plans. He said: “It is a Portuguese-speaking country and it was a colony until 1975. This means that the language and similar culture are two of the main advantages that Moviter - and other Portuguese companies - have in trading with this huge African country.” In 2009, Angola suffered a financial crisis when the price of oil bottomed out. With 95% of the country's revenue coming from the natural resource, it had a major negative impact on an already stagnating construction industry. However Sapinho believes the signs for recovery are encouraging, as projects recommence and existing and potential Moviter customers are looking to subcontractors to complete the work on their behalf. Sapinho added: “The big issue is trust, so we need to continue to build relations and then develop the network.”

For more information on companies in this article

Related Content

  • CONTROLS has developed a new business strategy
    April 4, 2013
    With the European economy in crisis and continuing shifts in the world order, manufacturers must re-think their business strategies if they are to succeed. Seasoned survivor Pasquale di Iorio, CEO of construction testing equipment specialist CONTROLS Group shares his plans for the future - Kristina Smith met him in Italy Pasquale Di Iorio has been at the helm of construction testing equipment manufacturer CONTROLS Group since 1996. First impressions suggest that Di Iorio is a strong leader: confidently dete
  • Morocco’s new motorway links are boosting connectivity
    December 16, 2014
    Morocco’s massive motorway construction programme will improve transport connections and boost this North African country’s economy - Mike Woof reports A massive road building programme is transforming Morocco, with new motorways connecting cities and major towns, as well as many new rural roads being built. The Moroccan Government has set an impressive plan for its infrastructure investment that will see even the country’s small and remote villages having proper connections to the main road network. The
  • Caterpillar’s 2016 results reflect tough market conditions
    January 31, 2017
    Caterpillar’s financial results for 2016 reflect the tough trading conditions that US construction machine firms in particular have been experiencing. In another development, the firm is looking to move its global corporate headquarters from Peoria to Chicago.
  • Wacker Neuson record slight revenue drop in Q1 2013
    May 22, 2013
    The Wacker Neuson Group reported a slight drop in revenue and earnings for the first quarter of 2013 compared to the same three months of last year. The German construction equipment manufacturer says that a weak European economy was one of the main factors that dampened demand for light and compact construction equipment in Q1 2013. In addition, the Group’s strong performance in first quarter of 2012 is said to have resulted in an above-average baseline for comparison. At US$331.26 million (€257.1mn), Grou