b2btochina

Although the April construction printing machine industry experienced "cold", but the newly appointed Volvo Construction Equipment President and CEO Pat O'Neill (Pat Olney) is still the Chinese counterparts to "cheer."

"April's slowdown is a temporary order, is unlikely to be jaw crusher by structural problems, as the demand fundamentals are still very strong. From the current observation and forecast, China will still maintain the 20% year to 30% of the growth. "Pat O'Neill recently received the" Business News "interview, said.

Newspaper previously reported, just last April, excavator sales were down 50%, loader sales were down 30%, bulldozers and other species also have a certain level of decline, causing the industry "turning point" in the discussions.

Pat O'Neill said first-quarter sales in China was a record number, "although not disclose specific figures, but total sales in emerging markets have accounted for 40% of our global sales, most notably a driving force is from the Chinese market. "

He also said that sales in Asia in 2005 was 3.5 billion U.S. dollars, last year reached 20 billion U.S. dollars, an increase of 6 times, Volvo Construction Equipment has become the world's largest market, which may indicate the development of Asia is extremely rapid market, of which one of the most important promoter of that from China.

Reported a first quarter sales of 15.759 billion kronor of the company (about 15.3 billion yuan), an increase of 53%. Volvo Construction Equipment is the Swedish Volvo Group, the construction cutting machine industry in the world rankings, second only to Volvo construction equipment company Caterpillar, Komatsu, Terex, ranked fourth.

The face of local enterprises, such as Zoomlion [14.64 0.21% stock bar], the rise of Xugong, foreign construction airbrush compressor giant also felt the impact, Pat O'Neill said they were executed in China "dual brand" strategy, by 2007 acquisition of Shandong Linyi Engineering Machinery Co., Ltd. (hereinafter referred to as "temporary workers") to "Volvo" and "temporary workers" two brands, covering a different customer base, will increase this year, two of the expansion, will also recruit more dealers and service outlets.

Japan Earthquake Engineering packaging machine Company in Japan fell at the same time, to Volvo Construction Equipment has brought opportunities, Pat O'Neill said: "For our profit will produce 300 million to 400 million SEK of the effects, and would reflected in the second quarter. "