Mining equipment manufacturer, thanks to order backlogs at record rate

Thursday 26 November 2009, 15:38 clock print this article [-] Text [+] Food (Reuters) - The German mining equipment manufacturers are aiming to 2009 thanks to a big order backlog from previous years record sales.


As the whole of German engineering, the used mining equipment leaders are strongly export oriented. The export share is 86 percent. But even in Germany, the companies expect 2009 revenue growth of ten percent to 560 million euros. The coal production should be for this country, struck out the subsidies until 2018, plays only a limited role. In Germany, brown coal, gravel, building sand and stone are encouraged. "There will be more able to sell machines," said Rhinehart.


"We expect sales to increase by ten percent to around four billion euros," said the chairman of the department in the industry association VDMA, Paul Rhinehart, on Thursday in food. In the years 2007 and 2008, many orders are accumulated, which could be reduced only slowly. Moreover, were last sold primarily in Central and South America far more machines. 2010, the industry expects, however, stagnant revenues, because the orders have slumped this year as in the entire German machine.

The dips of about 50 percent in new orders from January to September but would probably not be reflected in this amount to the paragraph 2010, "said Rhinehart. How customers would hang up during the economic crisis shifted order again, and the production at the customer put on again. In industry in Germany are about 130 companies with a total of 14,500 employees. These include mainly SMEs, as well as ThyssenKrupp and the U.S. group Bucyrus.

Ventured the manufacturers of conveying and drilling rigs, crushers, mills or drives this year in countries like Colombia with equipment for coal mining as well as in Chile and Peru, with facilities for copper production. In the Czech Republic, the industry has seen many machines have sold for coal production. In Russia, the largest sales area, however, it expects a slump in 2009 revenue by 35 percent. This is partly because of the difficulties of customers in the financing of the contracts.