German construction equipment sector’s positive end to 2022

The German construction equipment sector grew by 3% in 2022, according to trade association VDMA.

At a recent meeting of its Construction Equipment Specialist Group in Frankfurt, the organisation, which represents some 3,500 mechanical and plant engineering companies, said that, in nominal terms, the industry reached a new record last year.

Manufacturers, it said, are reporting full order books and are expecting to be operating…

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