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

  • Terex president and CEO Ron De Feo delivers upbeat results at Conexpo 2014
    March 6, 2014
    Terex president and CEO Ron De Feo was in an upbeat mood at the manufacturer’s Conexpo press conference this week saying “2013 was a year of pretty substantial improvement for our company.” In the second half of last year, Terex saw revenues grow by 6.1% with the figure for the whole year up by 1.5%. The aerial work platform (AWP) and materials handling and port solutions (MHPS) divisions led the improvement in the second half, said De Feo.
  • Volvo CE sees sales dip for Q3
    October 21, 2016
    Volvo Construction Equipment has seen its sales dip 2% in the third quarter of 2016, following a strong year. However the profit margins have improved despite the flat sales volumes in the third quarter. The firm says that an improvement in the European market and order intake up by 17% failed to offset continued weakness in other markets, sending Volvo Construction Equipment (Volvo CE) sales down 2% in the third quarter, when adjusted for currency movements. Net sales in the third quarter decreased by 3
  • Strong performance sees Wirtgen Group bullish
    September 30, 2014
    The Wirtgen Group reports that strong financial performance is expected for 2014. Full results are not yet available for 2014 but the privately held, family owned firm is confident for good results. Joint president Jürgen Wirtgen said, “Sales for 2014 will reach €1.95 billion.” He explained that for the first half of 2013, turnover reached €285 million, whereas for the first six months of 2014, turnover reached €329 million, a jump of 15%. The second half of the year is also looking healthy with the firm on
  • Wacker Neuson’s improving results for 2025
    March 28, 2025
    Wacker Neuson expects to see improving results for 2025.