VDMA reports positive news for German construction
05 March 2021
Trade association reports 17% fall in equipment production in 2020 was less than was feared
Sales of construction machinery from Germany fell by 17% in 2020, compared with the previous year, according to the country’s equipment and engineering association, VDMA.
The association said sales totalled €10.5 billion, comparable to the volume of sales made in 2017, and considerably better than had been feared.
Franz-Josef Paus,…
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