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

  • VDMA reports steady German equipment sector
    February 14, 2013
    Steady financial performance is claimed for the German equipment producers in 2012, according to the manufacturing association VDMA. The German construction equipment and building material machinery industry generated €12.5 billion in turnover during 2012 according to the latest results. Of this, construction equipment accounted for €7.9 billion, while €4.6 billion of business came from the building material, glass and ceramics machinery sector. This is a nominal decrease of around 1% compared to 2011. Afte
    Read More
  • UK exports and imports of construction equipment are up 21% in Q3 2017
    November 28, 2017
    UK exports of construction and earthmoving equipment remained buoyant for the first nine months 2017, showing a 21% increase compared with the same period 2016. Imports of equipment also remained strong, showing a 12% increase in the same period over 2016. In the third quarter 2017, exports equipment showed a further modest increase for the fourth consecutive quarter. Exports in Q3 were 1.3% up on Q2 levels at €807 million (£723 million). This was the highest quarterly level for more than two years
    Read More
  • Astec Industries CEO and president Ben Brock says stay focused and true to win
    July 8, 2016
    Core values, constant innovation and looking after the customer are the key drivers for Ben Brock, chief executive officer and president of Astec Industries. How does he keep his company ahead of the pack and what does he think that the future holds? if you ask Ben Brock to explain how his Astec Industries group has managed to do so well for so long, he doesn’t even pause for breath. “That’s easy, I thank the good doctor. He always told me: do good work and take care of the customer ... which is exactl
    Read More
  • From managed asset to service provider: the future highway
    May 20, 2019
    Every day we hear about Mobility as a Service (MaaS), but what about Roads as a Service? Geoff Hadwick reports from the ERF in Brussels The familiar physical asset called the road will increasingly be seen as part of an emerging global services sector. Given that, the role of the road is changing, notes Christophe Nicodème, general director of the European Union Road Federation (ERF). We need to think much more carefully about planning highway infrastructure in terms of people’s needs, said Nicodème,
    Read More

Highlighted Content