2011 better than expected
„The German construction equipment and building material machinery sector‘s nearly 18-month recovery phase appears to be over“, explains Dr. Christof Kemmann, chairman of the VDMA – Construction Equipment and Building Material Machinery Association – at the general meeting of his association on 03 November in Bremen/Germany.
In the broader sense, German construction equipment and building material machinery manufacturers actually did quite well during this second year following the crisis. Especially the demand for construction machines developed nicely after an even stormy onset.
During the first nine months of 2011, Germany‘s entire construction equipment and building material machinery sector upped its revenues by an inflation-adjusted 23% over the same period last year. Construction machinery alone registered an even better 29% overall and 22% on domestic sales (31% on exports). Sales of construction material,...
