Material Machinery: joy and sorrow at mid-year
The mid-year business situation is highly diverse for companies in the German construction equipment and building material machinery industries. While some sectors are beginning to approach their record revenue levels of 2007/2008 again, others are still going through a valley of sorrow.
Nevertheless, VDMA, the German Engineering Federation, is working on the assumption that – thanks to good developments in construction machines – the 10 percent revenue growth, projected for the entire industry early this year, will actually be higher. In 2010 the German construction equipment and building material machinery industries recorded sales of 10.6 billion euros. Of this amount, 6.3 billion euros accounted for the construction equipment sector and 4.3 billion euros for building materials, glass and ceramic machinery.
During the first half of 2011 sales in construction equipment...
