PRESS RELEASE - European construction equipment market performs well in a global context

BRUSSELS - CECE issued a press release on the Annual Economic Report 2017.

The European construction equipment sector saw sound growth of 10% in 2016. Building construction equipment experienced better demand than the civil engineering equipment sub-sectors. Overall, the market is at its highest level in five years, but still considerably below the pre-crisis record levels. These are the main findings of the CECE Annual Economic Report 2017. 

The full press release can be viewed here.

The report with detailed figures and graphs can be viewed and downloaded here.

CECE endorses the Joint Declaration for an ambitious EU industrial strategy

BRUSSELS - 125 EU manufacturing industry associations have signed a Joint Declaration for an ambitious EU industrial strategy calling on the European Commission to:

·       Reaffirm its commitment to reaching the target of 20% of GDP from industry, with an ambitious and realistic timeline;

·       Adopt an Action Plan to tackle the challenges that the industrial sectors are facing, in the framework of a Communication that would include concrete steps and milestones; 

·       Commit to implement this Action Plan in a timely manner and regularly report on progress.

Please find the Declaration here

European construction machinery sector embraces digital transformation as driver of success

PRAGUE – “We can only be competitive long-term, sustainably, if we make sure we are the best. The European construction equipment industry is an example of technology leadership. Increasingly, our machines are ‘digitised’ and there is no escape from that. We must, and we are, embracing it. In fact, Europe as a whole must strive to be an engineering and digital powerhouse as well. It’s the right approach for our societies and economies going forward.”

This was the main message from CECE President Bernd Holz, addressing the CECE Congress 2016 in Prague, Czech Republic, gathering close to two hundred leaders from the construction equipment industry in Europe as well as technical experts, sales managers, trade press and international trade association representatives.

To view the full press release, click here.

Confident construction equipment industry ready to embrace shift in operational focus

MUNICH - The European construction equipment industry is confidently looking towards the future and ready to embrace the transition into the digital era, with a stronger-than-ever focus on technology leadership and customer needs. “We’ve used the past years to make our production leaner and sustain our strength to compete globally. Now, we are shifting from selling just steel and hydraulics to an offering of more all-integrated services to support customers in executing their work”, commented CECE president Bernd Holz. He spoke at a conference on the main findings from a new report on the European construction equipment sector, published  by McKinsey and Company. CECE contributed to the report through a survey of member companies.

Don’t hesitate to download the press release and the report.


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Highlights

CECE Annual Economic Report 2017

The European construction equipment sector saw sound growth of 10% in 2016. Building construction equipment experienced better demand than the civil engineering equipment sub-sectors. Overall, the market is at its highest level in five years, but still considerably below the pre-crisis record levels. These are the main findings of the CECE Annual Economic Report 2017.

The report with detailed figures and graphs can be viewed and downloaded here.