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

  • Wacker Neuson reports record revenue
    May 11, 2017
    Wacker Neuson is reporting a record revenue for its first quarter in 2017. The Munich-based international light and compact equipment manufacturer said that adjusted profit before interest and tax (EBIT) increased significantly. At the close of the first quarter, order intake and backlog showed a clear rise over the figures posted for the prior-year period. "The year has got off to a very promising start for our Group. The investment mood among many national and international customers in most of our target
    Read More
  • Liebherr achieves record turnover in 2012
    April 10, 2013
    The Liebherr Group achieved its highest turnover in its history in 2012. Turnover climbed over than 9% to €9.1 billion, while the company invested a total of €840 million in its operations. The 2012 business year progressed well for the Liebherr Group. Although the reduced dynamism of the world economy had a noticeable effect on orders received in the final months of the year, this no longer influenced turnover significantly. The Group increased its total turnover in the past business year by more than €760
    Read More
  • Keestrack enjoying rapid Chinese growth
    November 28, 2018
    Keestrack has increased its Chinese unit sales by more than 20% in 2018, leaving the mobile crushing and screening plant manufacturer on course to sell around 60 machines in the calendar year. Thomas Hagspiel, the company’s China and Southeast Asia managing director, said the Belgian global crushing and screening equipment firm had been delighted with Chinese customers response to Keestrack’s product offer over the past four years. The company is currently second only to Kleemann in annual China market mob
    Read More
  • Strong construction machine orders for 2025
    May 8, 2025
    The VDMA reports strong construction machine orders for 2025.
    Read More

Highlighted Content