VDMA reports positive news for German construction

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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