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

  • LiuGong invests hard to be seen as made, tested and supported in Europe
    January 26, 2018
    LiuGong is investing hard in Europe, determined to be seen as a global player whose products are “made in Europe, tested in Europe and supported in Europe.” Along with new European headquarters based in Warsaw, LiuGong is also opening up a new European production line and a new continent-wide parts distribution centre at its Dressta manufacturing centre in Stalowa Wola. Geoff Hadwick reports
    Read More
  • Liebherr sees strong performance
    February 28, 2012
    Liebherr reports steady growth in 2010, with turnover increasing 9%, a growth in its workforce and company investments of €544.1 million.
    Read More
  • Transport under the spotlight
    February 13, 2012
    A round-up of some of the major transport-related meetings that have been held in Europe. Compiled by Patrick Smith. Europe has hosted a number of annual events over the last few weeks, where important matters of transport were discussed, reports produced, and decisions taken. ASECAP (the European Association of Tolled Motorways, Bridges and Tunnels Infrastructures Operators); International Transport Forum (ITF); Arena (TRA); International Road Federation (IRF), and the European Construction Industry Federa
    Read More
  • FIEC head Willemen welcomes EU Fund for Strategic Investments
    December 3, 2014
    The European Construction Industry Federation (FIEC) has welcomed the European Commission’s latest financial package to boost infrastructure investment in southern Europe.
    Read More

Highlighted Content