Italy's construction equipment sales fall

RSSItaly’s construction equipment manufacturer’s association (5210 UCoMESA) says that 2010 was a tough year for its members. During 2010 equipment sales in Italy dropped 5.3% from 2009, itself a bad year. This data comes from a survey by research specialist Cribis D&B, which investigated the sector for 2539 Unacea. The Italian construction equipment manufacturers say that machine sales were worth some €2.3 million in the period, a drop of 47% compared to the peak year 2008. As regards the different sub-sectors, earthmoving machines had a total revenue of €609 million, a drop of 4.9% compared to 2009, while sales of road machinery fell 7.8% to €353 million and crushing and screening equipment dropped 14.3% to €60 million. The survey also highlights that since 2008, the risk of buyers delaying payments for construction equipment has increased by 45%.