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

  • Volvo CE looks strong on healthy orders
    January 31, 2018
    Volvo Construction Equipment (Volvo CE) reports a strong performance for the fourth quarter of 2017. This helped its parent company, the Volvo Group, achieve the highest sales and operating income in its history. Improved competitiveness coupled with growing demand, especially in Asia, boosted Volvo CE’s performance in sales, operating income, and order intake.
    Read More
  • Caterpillar’s strong financial performance for 2017
    January 26, 2018
    Caterpillar has announced strong fourth-quarter and full-year results for 2017. Sales and revenues in the fourth quarter of 2017 were US$12.9 billion, compared with $9.6 billion in the fourth quarter of 2016. Fourth-quarter 2017 loss was $2.18/share, compared with a loss of $2/share in the fourth quarter of 2016.
    Read More
  • Success of toll road operators' conference
    July 12, 2012
    The 37th ASECAP Annual Study and Information Days held in Krakow, Poland, gathered some 300 road transport CEOs, experts and government decision-makers making the event "a huge success." Patrick Smith reports Toll road operators from across Europe have met to discuss the state of their businesses in the current economic climate and how to tackle it. Fabrizio Palenzona, the outgoing President of ASECAP (the European professional Association of Operators of Toll Road Infrastructures) and president of AISCAT (
    Read More
  • Italian construction machine firms see resurgence
    July 25, 2017
    The Italian construction machinery builders association, UNACEA, reports a resurgence in demand for equipment during 2017. According to UNACEA’s latest report, the first six months of 2017 have seen 5,109 machines sold in the Italian market, an increase of 6% compared to last year. Looking more closely, sales of earthmoving machines grew 6% with 4,910 machines sold, while sales of road equipment increased by 9% with 199 machines sold.
    Read More

Highlighted Content