CECE’s strong figures for construction machine sales

CECE at bauma presents latest figures and plans for next 5-years EU legislative term The European association of construction machinery manufacturers (CECE) states that 2018 was the strongest year for the construction equipment sector since the economic crisis. CECE’s figures show that sales on the European market grew by 11% and the absolute market levels are now only 10% below the 2007 peak. Enrico Prandini, CECE president, said: “The European construction equipment industry can continue its business in
April 15, 2019 Read time: 2 mins

3399 CECE at 688 bauma presents latest figures and plans for next 5-years EU legislative term

The European association of construction machinery manufacturers (CECE) states that 2018 was the strongest year for the construction equipment sector since the economic crisis. CECE’s figures show that sales on the European market grew by 11% and the absolute market levels are now only 10% below the 2007 peak.

Enrico Prandini, CECE president, said: “The European construction equipment industry can continue its business in a positive mood. The key for the future is market stability with a soft landing expected in 2019.”

“For a long time, CECE has been working to ensure that European politicians and policymakers create better conditions for the construction machinery industry” said Riccardo Viaggi, secretary general of CECE. The European construction equipment industry comprises 1,200 companies from highly specialised SMEs to large European and multinational companies, with revenues of around €40 billion and 300,000 employees.

Introducing the CECE Elections Manifesto, CECE called on the European Parliament, when appointing the European Commissioners for the new 2019-2024 legislature, to ensure that they include industry among their top 5 priorities. Putting industry at the centre of the political debate is key in order to deliver on the much-needed ambition of the EU to have a forward looking Industrial Policy Strategy. European policies around the European Single Market, environmental sustainability, digitalisation and international trade are the major points of interest for the construction sector.

Finance & Funding

For more information on companies in this article

Related Content

  • Driver distraction is a road safety risk
    September 12, 2019
    Driver distraction is an increasing concern for the road safety sector. According to the FIA Region 2 (Federation Internationale de l’Automobile), a distraction time of just two seconds is sufficient to cause a crash. The FIA’s data suggests that to 25% of road crashes are due to distraction, with 25-30% of total driving time spent on distracting activities. Commissioner Bulc, European Commissioner for Transport, recently warned against distraction caused by the use of mobile phone. She said, “Distraction
    Read More
  • Manitou buys Dezzo Equipment in South Africa
    May 14, 2024
    The purchase comes as Manitou Group reports first quarter revenue up 3% from the same period last year, reaching €685 million.
    Read More
  • VDMA questions emissions future
    February 28, 2012
    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.
    Read More
  • TRA conference well on track
    March 22, 2012
    The coming TRA 2012 transport event in Athens is now gathering momentum. The event will benefit from the strength of its organising body.
    Read More

Highlighted Content