CECE optimistic for 2021 but highlights supply chain concerns
11 March 2021
Construction equipment association CECE has given a positive picture of the recovery in Europe’s construction equipment market, although highlighted concerns about supply chain delays for components such as engines.
In its annual economic report, published today, CECE is forecasting growth or around 5% in sales in 2021 following an estimated 11% decline last year, which was not as bad as initially feared.
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