Skip to main content

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.

For more information on companies in this article

Related Content

  • CECE is tackling decarbonisation
    January 25, 2024
    CECE is tackling decarbonisation through a dedicated task force.
  • VDMA says machine sales now exceed previous year
    September 1, 2017
    The market for earthmoving equipment is booming, according to a report by the German construction machine manufacturers association, the VDMA. In the first six months of this year, the turnover of construction equipment manufacturers was around 19% higher than the already high value of the previous year. In addition, there is an increase in orders of over 18%, as construction equipment is ordered all over the world.
  • Wacker’s strong financial performance in 2017 showed growth
    March 23, 2018
    “Over the coming years, we want to rank among the top three providers of core products based on market share in the industry. We also aim to grow faster than the market. In the past year, we have proven that this is possible,” said Lehner. Within the framework of the “Strategy 2022” roadmap, the Group has set itself the goal of significantly exceeding the €2 billion revenue mark in the medium term and achieving an EBIT margin of over 11%. It aims to gradually reduce net working capital to below 30% of
  • Italian market up in Q1 for 2019
    May 2, 2019
    17% to reach 3,178 units in the first quarter of 2019 compared to Q1 last year. In more detail, 3,058 of the units sold were earth-moving machines with the rest being 120 road equipment. “The growth of the Italian market in the first quarter it a very positive signal,” said Antonio Strati, councillor of Unacea, the Italian Construction Equipment Association which also has responsibility for statistics activities. “Although concerns remain over the general economic trend, we expect that the awaited