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Growth in Italian woodworking machine engineering

After a sluggish first quarter in 2014 and conspicuous growth in the second and third quarters, Italian woodworking machine manufacturers succeed in further expanding their business in the fourth quarter, too. Quarterly statistics produced by the industry association Acimall show that total receipts of orders were 20.1% higher than in the same period of the previous year. As had already been the case in the first and second quarters, growth in domestic demand was more pronounced than in foreign business. 24.7% more orders were handled on the domestic market; receipts of orders from abroad were up by 19.7%. Total receipts of orders in the first quarter only rose by 0.7%. The second quarter brought a sharp increase of 28.7%. Growth of 11.3% was recorded in the Acimall statistics for the third quarter.

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