Great News for Italian Machine Tool Manufacturers in 2011
Posted by Machines Italia | 04 Jan 2012
You must be logged in to submit a rating for this entry.
The machine tools index of orders has grown significantly with an increase of 58.2% in the third quarter 2011 compared to the period of July-September 2010. Giancarlo Losma, president of UCIMU states: “The excellent performance of foreign orders continues but the interesting data, emerging from this quarterly survey, is the awakening of domestic demand. The reversal in trend, in such an uncertain moment, gives positive hopes for the immediate future and is an excellent base from which to start off again after halt in capital goods investment in 2009”.
The machine tools index of orders has grown significantly with an increase of 58.2% in the third quarter 2011 compared to the period of July-September 2010, for an absolute index value of 73.9 (base 2005=100). This emerges from the survey drawn up by the Studies Dept. of UCIMU-SISTEMI PER PRODURRE, the Association of Italian machine tools, robots and automation manufacturers.
The positive trend, which started at the beginning of 2010, consolidates the recovery of the Italian industry in this sector that, as emerges from the survey, has obtained positive feedback both from the domestic and the foreign markets. For the first time, after four consecutive quarters of decrease, the index of orders for the domestic market sets off again marking an increase of 96.8%. Nonetheless the absolute value is still low reaching a quota of 30.3%.
