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

  • EU missing target of halving road deaths by 2020, says ETSC
    April 12, 2018
    Halving the number of deaths on Europe’s roads by 2020 is not likely to be achieved, according to the European Transport Safety Council. The 28 members of the European Union reduced the number of road deaths by 20% from 2010-2017, far less than the 38% cut needed to stay on course to meet the 2020 target. The European Commission has just published data showing that deaths on EU roads fell by only 2% last year, following a similar decrease in 2016 and a 1% increase in 2015. “For four years in a row, the
    Read More
  • Construction machinery rental market in the EU
    October 30, 2020
    A report has been released for the construction machinery rental market in the EU.
    Read More
  • CECE Congress focuses on future of construction
    April 10, 2012
    The bi-annual CECE Congress was held in Spain when participants looked forward in a bid to see what will happen in the next ten years Growth markets such as China, India and Brazil offer big opportunities to European construction equipment manufacturers. As companies, particularly those from China, start to expand outside their own countries the competition for business will increase, and it has been claimed that there is no such thing as 'the global market', rather it is the sum of hundreds, if not thousa
    Read More
  • Corridor for prosperity: The 5G Road
    June 14, 2019
    The next generation of highways will be a matrix of smart, intelligent and dynamic technologies that lower maintenance costs and ensure user safety. But challenges lie ahead, as Geoff Hadwick discovered in Dubrovnik The fifth-generation road is about to provide the world’s highway authorities with a big leap forward. This “forever-open”, self-healing road will integrate innovation into infrastructure, vehicles and entire intelligent transport systems, says Adewole Adesiyun, deputy secretary general of
    Read More

Highlighted Content