Construction equipment market goes back in time three years

The earthmoving equipment market could see a major decline this year, from around 3,000 units sold to 1,200 units, a level similar to the 2006 one, due to the reduction in activity in the construction sector. “Only 103 pieces of equipment were sold in the first three months of the year, according to our information, eight times less than in the same period of last year. The share of small equipment – backhoes and mini-excavators has significantly diminished due to the reduction in the number of real estate projects, while sales have increased for large ones, used in infrastructure works,” said Constantin Marcu, general manager of Marcom, the largest equipment distributor on the Romanian market. The company posted a 337 million-RON (91.5 million-euro) turnover last year, up by around 13% against the previous year, but for this year expects its business to be cut in half.