VDMA predicts 2014 rebound

摘要

Sales of German-made construction equipment and building materials machinery fell 6% last year to €11.7 billion, according to the German engineering association, Verband Deutscher Maschinen- und Anlagenbau (VDMA). However, the association is optimistic on 2014, with incoming orders up 7% compared to a year ago. The VDMA said sales of construction equipment by its members were down 3% last year to €7.7 billion while the building materials machinery sector dropped 13% to €4 billion. The VDMA said, "In view of the splendid situation in the domestic construction industry, the German market painted a surprisingly weak picture for construction equipment manufacturers, with the exception of civil and structural engineering machines. In Europe, France and Switzerland as well as Scandinavia impressed. Business in the Middle East and North America continued to develop well.