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

  • IRF's Zammataro to be chief executive of FIDIC
    March 31, 2025
    Susanna Zammataro, currently director general of IRF, will take up her new role with the International Federation of Consulting Engineers (FIDIC) in May.
    Read More
  • Bauer records high group revenue growth for Q3 at 22%
    November 15, 2017
    Bauer, equipment maker for ground investigation work, reports third quarter 2017 total group revenue up 22% on the previous year to just over €1,398 million. The German company said sales revenues increased by 27.5% to €1,265.6 million. However, the order backlog was €977.3 million that, while still high, was down from €1,019.0 million the previous year. This was due to a high double-digit million order backlog taken off the books after the sale of shares in a real estate company at the end of 2016.
    Read More
  • Global credit squeeze impacts Australia's road construction
    July 13, 2012
    Roads Australia steps up in policy debate as road construction feels the pinch of the credit squeeze, as Mark Bowmer (RA media director) reports Like all markets around the world, Australia is feeling the effects of the global credit squeeze and its impact on the delivery of major infrastructure projects such as roads. In Sydney, for example, lack of funding (both from government and private sources) is seen as the major stumbling block to the construction of a much-needed eastern extension to Sydney's main
    Read More
  • IRF’s Marrakech regional event focuses on North Africa
    April 12, 2013
    A series of dynamic meetings in Marrakech signal the forward direction of IRF Geneva as it gears up for a bright new era as a global voice of the road sector. As these pages go to press, IRF Geneva is just emerging from a very rewarding regional conference focusing on North Africa and the Mediterranean that took place from 19-20 March, 2013. The success of this high-level gathering, organised in association with the Moroccan Road Association and Moroccan Motorways (Autoroutes du Maroc), reflects IRF Geneva’
    Read More

Highlighted Content