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European Municipal Vehicle Markets Expected to Stay Stable for 2014

EUnited Municipal Equipment, the association representing the European manufacturers of mobile machines for municipalities, estimates the industry turnover at around 2 billion Euros for the past year. While the financial situation of the main customer segment, European public authorities, has been very tense over the past years, the industry managed to slightly increase the sales over the past 2 years. For 2014 the sector remains cautiously optimistic and hopes to compensate for the still weak demand in the Southern part of Europe by business in non-established markets outside the EU.

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