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Bauma China – ZF Basicpower exhibits robust and reliable Technology

Due to increasing requirements relating to comfort, driving dynamics, cost reduction and fuel saving in China, the market demands more efficient drive systems. The new ZF transmission technology enables a significantly improved comfort level for the special operating conditions of construction machinery – high torque at low speeds in conjunction with high dynamics.

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Webuild in a new Scholarship Agreement with University of Melbourne to support talent Pipeline in the Infrastructure Sector in Australia

The Webuild Group is collaborating with the University of Melbourne’s Melbourne School of Engineering to support innovation, inclusion and the professional training of young students as part of its investment in Australia, a strategic market for the Group. In an agreement signed with the university, the Group is offering, as of September 2020, two scholarships for the next five years: Webuild Women into Engineering Pathway Scholarship and Webuild Master of Civil Engineering Scholarship.

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bauma CHINA 2020 will take place as planned

China’s economy is recovering apparently from the coronavirus shutdowns, and trade fairs are key to rebuilding economies.

China unveiled a series of economic stimulus policies and the investment in infrastructure is expected to increase by 10%. Thanks to this, it is estimated that the growth rate of China's construction machinery industry will reach 10% this year. These figures were published by the Shanghai Securities Co., Ltd.

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Evergreen Tractor & Kimball Equipment team up to represent Superior in Northwest U.S.

Superior Industries, Inc., a US-based manufacturer and global supplier of bulk material processing and handling systems, announced a unique new partnership that will benefit construction aggregate producers in the Northwest United States. Evergreen Tractor is partnering with Kimball Equipment to represent Superior’s crushing, screening, washing and conveying equipment in Washington, Oregon and throughout Idaho’s panhandle.

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New President of the European Construction Industry Federation (FIEC)

Prof. Thomas Bauer, Chairman of the Supervisory Board at Bauer AG and member of the executive committee of the Hauptverband der Deutschen Bauindustrie e.V. (Federation of the German Construction Industry) was unanimously selected as the President of the European Construction Industry Federation (FIEC) at the annual general meeting on May 22, 2020.

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BAUER AG starts off the Financial Year with a slight Drop in Sales and increased Order Backlog

The BAUER Group closes the first quarter with a decline in EBIT but very high order backlog. The total Group revenues decreased by 5.0% from EUR 410.9 million to EUR 390.2 million, compared to the same period of the previous year. Sales revenues also dropped by 2.3%, from EUR 341.9 million to EUR 334.0 million. EBIT fell from EUR 10.5 million in the previous year to EUR 6.3 million. Earnings after taxfor the Group were EUR -5.0 million, compared to EUR -5.1 million in the previous year.

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