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.