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

  • The European Union Road Federation (ERF) calls for EU Member States to prioritise road maintenance
    June 26, 2014
    The European Union Road Federation (ERF) has put out an “urgent” call for “EU Member States to prioritise road maintenance” as neglected surfaces continue to deteriorate and the potholes grow larger and larger. ERF wants the EU to “put alternative financing mechanisms into place” as soon as possible, to tackle what it sees as a growing road safety crisis across the region. At its first ERF biennial Symposium on Road Infrastructure Challenges in June, more than 100 stakeholders heard the ERF demand the “ope
  • Caterpillar has a Vision that includes total project site overview
    April 5, 2016
    Caterpillar may be on its financial back foot, but a recent event showed the company has a vision far beyond this or the next financial year – David Arminas reports. Many construction machinery manufacturers have some data collection and analysis systems for their heavy equipment. For a good decade, manufacturers have been moving in this direction, first as retrofit packages on machines in the field and increasingly as standard on newer models. Caterpillar is no exception among manufacturers that are movin
  • STRABAG strong in mixed market conditions
    April 30, 2025
    STRABAG says it is strong despite facing mixed market conditions.
  • JCB reports strong performance despite tough market
    May 12, 2014
    UK equipment manufacturer JCB is bullish and reports strong sales, despite difficult trading conditions. The company claims that its sales for 2013 are the third highest it has achieved, since the firm was established 68 years ago. Earnings stood at €383.7 million on an EBITDA basis, compared with €447.4 million for 2012. Meanwhile turnover reached €3.28 billion, close to the €3.31 billion achieved for 2012 and machine unit sales stood hit 66,227, compared with 69,250 for the previous year. JCB Chairman Lor