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

  • Controls Group reports back from TRB
    April 30, 2018
    The 97th Transportation Research Board meeting was held in Washington from 7-11 January this year. Nearly 13,800 visitors from 70 countries attended the event that covers all things transport-related. “We’ve had a big increase in visitors from Asian countries in the last two years, particularly from China,” said TRB's director of communications Lisa Berardi Marflak. Controls Group, celebrating its 50th year in business, was one of the exhibitors there, showcasing four testing systems: the AsphaltQube, the
    Read More
  • Terex breaking new ground in China
    November 28, 2018
    Terex has this week staged a breaking ground ceremony on the site of what will be a new assembly and fabrication facility for Genie aerial work platforms in Changzhou, eastern China. Kieran Hegarty, president of Terex Materials Processing (Terex MP), and Colin Clements, Powerscreen global product line director, attended the event – marking the latest stage of ambitious Terex’s Chinese market development. Powerscreen, the major Terex MP global quarrying equipment manufacturer, who offer a full product line
    Read More
  • Wacker Neuson’s record-breaking revenue
    January 6, 2017
    German-based construction equipment manufacturer Wacker Neuson is celebrating record annual revenue and earnings.
    Read More
  • Wacker Neuson’s record-breaking revenue
    February 6, 2012
    German-based construction equipment manufacturer Wacker Neuson is celebrating record annual revenue and earnings.
    Read More

Highlighted Content