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

  • XCMG reports record results
    May 14, 2024
    XCMG is reporting record financial results.
  • The Lessons of the Genoa bridge collapse
    April 23, 2019
    The partial collapse of the Polcevera viaduct, better known as the Morandi Bridge, has prompted debate regarding the technical and administrative aspects of maintaining road infrastructures. We discussed it with the engineer Gabriele Camomilla, former Director of Research and Maintenance of the Società Autostrade, who coordinated the only major structural intervention performed on the bridge, carried out in the early 1990s
  • Montreal’s new Champlain Bridge is shaping up for Christmas
    September 10, 2018
    Montreal’s Champlain Bridges - one going up, one coming down, reports David Arminas The importance of the new Champlain Bridge to Montreal and Canada can’t be overstated, given the crumbling nature of the not-so-old original Champlain Bridge. The original steel truss affair across the St Lawrence River and the adjacent St Lawrence Seaway canal is “a lifeline for residents and businesses” in greater Montréal, according to the national Auditor General - the public sector spending watchdog. “It accommodates
  • Astec president J. Don Brock steps down
    August 23, 2012
    Astec Industries Inc. founder J. Don Brock has stepped down as president of the Chattanooga, US-based company, and Norman Smith, who co-founded the company with Brock, will replace the 73-year-old CEO as president and chief operating officer. The new "decentralised company structure facilitates the development of a strong internal management team," Brock said. Smith, 72, has served as head of the company's asphalt division since 1998. He was president of both Astec Inc. and Heattec Inc, and has been a direc