This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at El sector de bienes y equipos creció un 3,7% en 2003 gracias a las exportaciones
The sector of goods and equipment grew by 3.7% in 2003 thanks to exports
30/07/2004
on July 30, 2004
According to the National Association of manufacturers of equipment, Sercobe, sector invoiced last year 32.375 - 4.4% of GDP-, which represents an increase of 3.7 percent over the previous year. As noted the President of the employer, Francis French, the improvement of the sector came to caused by a change in the trend of demand internal and, basically, by a 9% growth in exports, which reached 21.293 billioni.e., 15% of the total export of goods from Spain. Sales to EU countries grew by 12% and accounted for 66% of exports, with a special development in the markets of central and Eastern Europe, 11 per cent. In emerging countries, sales fell for the third consecutive year in Latin America, despite the positive developments of Mexico, first buyer. In the case of China, second buyer, sales growth was maintained.
Segments of activity who have experienced a greater evolution were those relating to railway structures, renewable energy, gas and combined cycle, against companies engaged in machine tools, food industry and telecommunications, that confronted "a third year of minimum which can lead to a decrease in capacity dynamic" potentially unrecoverable.
As future risks to the sector, he referred to "unprecedented" rising of the steel and energy and industrial relocation, so it opted to boost technological development and the improvement of productivity.
Related Companies or Entities
Asociación Nacional de Fabricantes de Bienes de Equipo
