The European construction equipment market is performing relatively well

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A report from the European construction equipment manufacturing association, CECE, shows that, excluding Russia, the European market for construction machines grew by 3,5% in 2015 and it forecasts a slight increase in business for 2016. The CECE Barometer shows that the market grew significantly in the first quarter of 2016. There are encouraging signs of improvements in machinery demand in Southern Europe, particularly in Italy and Spain.

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