Brazilian Market has High Potential
“Orders are finally coming in again”. Despite the fact that the whole branch is far away from the level of the boom years the good news was announced by Sebastian Popp, economic expert at the Construction Equipment and Building Material Machinery Association of the German Engineering Federation (VDMA) in connection with the VDMA Construction Equipment sector get-together at the end of September 2010 in Frankfurt.
From January to August this year the orders for construction machinery increased by 60% compared to the previous year. In this connection many more impulses came from abroad than from the domestic market. German exports of construction machinery picked up in the first seven months of this year with an increase of 16% compared to the same period in 2009. The main country for German construction machinery exports is currently France ahead of the USA and China.
The demand for road construction machinery developed at the most positive rate, followed by machinery and plant for building construction...