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Product category: Manufacturing industry news
News Release from: UCIMU
Edited by the Manufacturingtalk Editorial Team on 11 July 2003

Italian machine tool industry is in
third place

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Despite the negative international business trend in 2002, the Italian industry for machine tools, robot and automation has confirmed its third place in the worldwide production and export list.

Despite the negative international business trend in 2002, the Italian industry for machine tools, robot and automation has confirmed its third place in the worldwide production and export list This still means that the year 2002 final balance reveals a more shadier than brighter side

According to the final balance presented this morning by Andrea Riello, President of UCIMU-Sistemi per Produrre, during the yearly Members' Meeting, the Italian production has witnessed a 5.5% decrease compared to 2001, a decrease which has reduced the overall value to EUR 4,378 million.

The overall results were influenced by the drop in exports which fell to EUR 1,951 million, 14.8% less than 2001.

A drop which was mainly due to the strong downtrend of demand coming from the traditional markets of the Italian machine tools industry like Germany and the United States which were hit more than others by the consistent consumption freeze.

A positive sign, on the other hand, came from the domestic market deliveries which grew by 3.6%, to EUR 2,427, proving the Italian builders' capacity of dominating the local and national market, despite the fact that by tradition more than half of the Made in Italy production is destined to foreign markets.

The results of exports in emerging markets like China, where deliveries grew by 25% compared to 2001, Poland (+126.3%) and Turkey (+21.4%) were also satisfactory and partially halted the drop in demand from the traditional markets.

The main outlet markets of the Italian machine tool industry, however, are still represented by Germany, on top, which has absorbed 13.6% of the overall production; France, which received 12% of the overall exports; Spain, which with a 11.3% share has surpassed the United States which dropped to the forth position (6.8%), followed by China (5.9%) and Poland (3.8%).

In light of these data Andrea Riello, President of UCIMU-Sistemi per Produrre has called Giancarlo Giorgetti, (MP), President of the 5th Budget, Treasuring and Programming Commission of the House of Representatives and Nicola Tognana, Vice President of Confindustria, guests at the Members Meeting, to discuss the competitiveness of the Italian manufacturing industry.

"Maintaining competitiveness," said Riello, "is a dominating theme today and a true challenge the entire nation must face.

In order to keep up with their competitors, Italian entrepreneurs should find a way to avoid the size limit which characterizes their companies.

To reach this purpose," Riello added, "the right choice could be that of creating company aggregations to share roles and develop synergies.

The support of the Country System - where entrepreneurs ask for mechanisms able to promote special research and development investments and internationalization activities - therefore becomes essential.".

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