Despite strong decline on Russian market, the German manufacturers of construction equipment and building material machinery are still expecting to generate a growth of five per cent throughout 2014. In 2013, sales for the entire industry equaled -Ç11.7 billion. ´This forecast is, however, based on several different backgrounds,´ Sebastian Popp, VDMA´s expert on economics explains the situation.
While the business in construction equipment has livened up throughout the year and is growing in most areas of the world, the growth in turnover with regard to building material machinery can only be explained by orders that have already been placed last year and are now being implemented.
With construction equipment, the amount of incoming orders has seen an increase of nine per cent. Demand in earthmoving and road construction machinery thereby is much stronger than with building construction machines.