Great News for Italian Machine Tool Manufacturers in 2011

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The performance of the orders placed in foreign markets was excellent, marking an increase of 32.3% compared to the same period of the previous year, for an absolute value of 114.3%.

Giancarlo Losma, UCIMU president, commented as follows: “despite the particularly uncertain context, the Italian industry of the sector has recovered a good share of the ground lost during the 2009 crisis, by strongly increasing its activity in foreign markets”.

“In light of this data - said Giancarlo Losma – the manufacturers ask for the immediate intervention of government authorities in order to re-establish the activity granted until a few months ago by ICE (Italian Institute for Foreign Trade). Currently exports absorb more than 60% of the Italian production in the sector, for this reason – continued Losma – we need the support of an independent agency which works side by side with the companies self committed in the activity of internationalization, nowadays the most gainful for the manufacturers”.

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