The domestic epidemic prevention and control work is coming to an end. The overseas situation is not clear, and sad and mixed, so who is happy and who is sad? The editor collects and compiles news from various countries and regions for your reference.
During the outbreak, Haulotte UK provided comprehensive internal training (May 14)
Haulotte UK provides comprehensive in-house training for its workshop engineering team during the New Coronary Pneumonia epidemic. Courses mainly include equipment maintenance, several of which are scheduled for April, and there will be more in May to ensure that the UK team accepts various products Comprehensive training for operation and fault diagnosis. "The company's internal plan includes theoretical and practical training, which is an excellent time for our employees to acquire supplementary and additional skills. Training is a step in the development of the performance of our subsidiaries." Natalie Reynolds, general manager of Haulotte UK.
Australian construction machinery industry will shrink by 5.7% (May 9)
Facing the double challenge of Covid-19 virus and low oil price, the Australian construction machinery industry is expected to shrink by 5.7% in 2020.
Dhananjay Sharma, a construction analyst at data and analysis company GlobalData, said: "The construction machinery industry in Australia has been in a severe decline, and the outbreak of Covid-19 and the subsequent negative economic impact on 2020 will exacerbate the decline. At the same time, the oil price is historical The decline and the reduction of oil producers ’investment in new projects will worsen the situation of the Australian construction machinery industry."
GlobalData expects that the Australian Federal Government and various state governments will take measures, including infrastructure investment, to deal with it. The Federal Government ’s “Infrastructure Investment Plan” is expected to invest US $ 57.5 billion between 2026 and 2027, including US $ 7.7 billion in the National Railway Plan and other major infrastructure investment equity.
Ou Lisheng fully resumed operations (May 7)
All operations of Haulotte ’s 6 factories and 21 subsidiaries are now fully operational.
Haulotte strengthens health and safety measures to ensure the health and safety of employees, which includes daily working environment, workstation cleaning and controlling the interval between people.
Metso raises US $ 313 million to respond to the outbreak (May 7)
Metso recently raised 290 million euros (US $ 313 million) in response to Covid-19's business impact.
According to the first quarter results, the company's sales were 832 million euros (US $ 898 million), which remained stable compared to the same period, with orders of 1.07 billion euros (US $ 1.12 billion), a 5% increase over the same period. Thanks to the rapid growth in China, the orders in this quarter were higher than the same period last year.
Metso President and CEO Pekka Vauramo
During the same period, sales of mining equipment increased from 681 million euros ($ 735 million) to 696 million euros ($ 751 million), and sales increased by 6% to 874 million euros ($ 943 million).
President and Chief Executive Officer Pekka Vauramo said: "In the first quarter, Covid-19's impact on our financial performance remained relatively limited. In February, our business in China was affected by the epidemic prevention, which has affected sales and performance for this month. It has had a certain impact. Since the beginning of March, business in China has successfully restarted and normal production has resumed. "
The Indian construction machinery industry is expected to decline by 1.7% (May 7)
According to data from global data and analysis company GlobalData, India ’s construction machinery industry output will drop by 1.7% in 2020 due to the Covid-19 virus. However, the industry will continue to receive investment support from infrastructure projects.
According to the latest data from the Ministry of Health, India currently has more than 50,000 coronavirus cases and more than 1,700 deaths.
GlobalData predicts that the output value of India's construction machinery industry will shrink by 1.7% in 2020, while rising unemployment, reduced remittances and tight liquidity will cause the real estate industry to continue to slump, and thousands of SMEs will face failure.
UK construction machinery industry hits record low (May 6)
Recently, a report showed that the output of the UK construction machinery industry hit a record low in the past 23 years. The three major types included in London market research expert HIS Markit-housing construction, commercial construction and civil engineering construction have all been reduced.
In addition, in the Purchasing Managers Index (PMI) survey conducted by IHS, 86% of respondents in the construction machinery industry said that the business has decreased since March due to the outbreak of coronavirus.
Tim Moore, IHS Markit ’s economic director, said: “The decline in construction activity in April will gradually reopen, but security measures will be strictly reviewed.”
Duncan Brock Group Director of the Chartered Procurement and Supply Institute said: "Only a few civil engineering and infrastructure projects can continue in April."
He added: "This outbreak will cause the industry to retreat for a decade that has not yet fully recovered from the skills shortage caused by the 2008 financial crisis."
Italian leasing company resumes activities (May 6)
The Italian construction machinery industry leasing company has gradually resumed its activities on the premise of complying with national safety standards and ensuring the prevention and control requirements of Covid-19.
The Russian construction machinery industry fell into the Covid-19 crisis (May 5)
The Eastern European Building Forecast Association (EECFA) report shows that Russia reported an increase of 10,600 confirmed cases on May 4, the largest daily increase since the crisis. At present, the number of cases in the entire country has exceeded 145,000.
The EECFA report stated that the construction machinery industry may be one of the most severely affected industries, and construction projects in the Moscow region, which have the most cases, have been greatly affected.
According to the Russian News Agency, the Minister of State Construction Vladimir Yakushev and his deputy Dmitry Volkov were both infected with new coronary pneumonia.
The Ministry of Construction is currently preparing an industry anti-crisis plan that includes subsidies on mortgage interest rates to support real estate demand; developers ’credit and tax bans and measures to reduce project financing costs.
Caterpillar further layoffs (May 2)
Caterpillar officially announced that in order to reduce operating costs under the Covid-19 epidemic, the company has laid off many employees on April 30. This is done in factories around the world, and the number of layoffs depends on local conditions.
The company stated: "The continued uncertainty of the global economy due to COVID-19 will affect the company's financial performance for the rest of 2020, and the impact in the second quarter may even exceed the first quarter."
A few weeks ago, the company temporarily idled the Mapleton foundry and imposed “indefinite” layoffs on some employees of Building KK in East Peoria. In addition, the company froze the increase of paid employees and senior management. Salary, and canceled the incentive expenditure in 2020.
Corex ’s sales decline in the first quarter (May 1)
Recently, Terex issued a financial report saying that net sales revenue in the first quarter of fiscal 2020 was US $ 511.7 million, a decrease of 29.7% over the same period. Among them, the operating income loss was US $ 5.9 million, accounting for -1.2% of net sales, while the first quarter of 2019 profit was US $ 59.68 million, accounting for 8.2% of net sales. Globally, the company has generated a backlog of orders totaling $ 717 million.
Matt Fearon, President of Terex, said: "Due to reduced customer demand and local government prevention and control requirements, the company's production in global factories has rapidly decreased. But as the epidemic situation improved, we have begun to gradually resume operations in response to customer demand."
