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

  • Wacker Neuson’s “targeted measures” fuelling success in 2013 and beyond
    December 3, 2013
    Wacker Neuson’s (WN) “targeted measures” are said to be expanding the German construction equipment manufacturing group’s presence in Europe and the Americas which, coupled with a greater reach into other markets, has left WN well placed for success in 2014. A Group statement released this week notes that due to the slow start to construction activity in the first three months of 2013 due to harsh weather conditions in the northern hemisphere and uncertainties across European markets, WN Group revenue fell
    Read More
  • Volvo-powered Man Engine to tower of Hillhead in June
    April 3, 2018
    The UK’s largest mechanical puppet, the 11m-tall Man Engine, will make a special appearance at this year’s Hillhead construction equipment exhibition. Man Engine is powered by a Volvo L220 wheeled loader on loan from Volvo CE in the UK. It will be towering over the showgrounds during the exhibition at the Hillhead Quarry near the northern English town of Buxton June 26-28. The Man Engine – a miner wearing a miner’s hat – was created to celebrate the history of mining in the south-east English county o
    Read More
  • Shell Bitumen’s new technology cuts air-polluting emissions by 40%
    May 15, 2019
    Shell Bitumen has developed molecular technology that cuts 40% of air-polluting emissions -Kristina Smith reports Shell Bitumen is launching a new technology which drastically reduces the amount of harmful air pollutants produced when asphalt mixes are manufactured and laid on the roads. Called Shell Bitumen FreshAir, it reduces six of the seven pollutants produced by at least 40%. The seventh, ozone, is produced in too small an amount to measure changes. “The World Health Organisation has said that 90%
    Read More
  • Export focus for XCMG, with Latin America as key territory
    November 13, 2014
    Exports are crucial to XCMG’s growth and its aim to becoming a dominant player in the worldwide construction machinery market – Mike Woof writes One of China’s biggest construction equipment manufacturers, XCMG has a high profile, and particularly in the country’s home market. XCMG is a leader in key equipment categories such as concrete pumping and lifting technologies. The firm’s 4,000tonne crawler crane introduced two years ago has already proven its worth in a massive industrial construction appl
    Read More

Highlighted Content