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Home > CANADA > Business events in Italy
FEIMAFE 2007: MACHINE TOOLS SPEAK ITALIAN
Rome (Ign) - It has quickly become the most important trade fair in South America for machine tools and automation. And the Italian companies in this division couldn't miss it. The eleventh edition of Feimafe will be held from 21st to 26th May in Sao Paolo in Brazil, and this year will focus on nanotechnology and its uses. The last edition saw 1342 companies from 32 countries take part and 63 thousand visitors, mostly locals. Italy will also be present at the 2007 event, through collective participation with 25 companies covering a surface area of 500 m2, organised by the Italian Institute for Foreign Trade (ICE). Within the ICE context, training courses will also be offered for Brazilian engineers and technicians operating in companies which use Italian machinery and market research will be carried out to estimate the prospect for machine tool demand in the country.
The Italian machine tool, robot and automation industry is one of the most renowned on an international level and is considered to be very technologically advanced. The production apparatus is made up of about 400 companies, mostly medium sized. This industrial fabric is remarkably adaptable, also thanks to the size of the companies, which on average employ about 70 members of staff, compared to 200 in similar Japanese and German companies, and the high concentration of companies in some districts, such as mechatronics, in the Veneto region. Almost half of the companies are located in Lombardy, 16% in the Triveneto and in Emilia Romagna. In 2006, the companies in the industry created a turnover of almost € 5 billion, according to definitive data published by the industry association UCIMU (www.ucimu.it), an 11% growth rate due to the excellent export results (+17.7% and a total of € 2.8 billion) which brought the financial statements to a very positive balance. In the first three months of 2007, orders for machine tools have seen a 26% increase, especially due to large growth in internal demand and increase in export of 15.4%. Germany absorbed 11.6% of Italian supply in the sector, confirming its status as the top end market, followed immediately by China (9.6%). The USA were also at a good level (+14.6%) and Spain (+11.8%), whilst in the emerging markets, sales were good in Poland (+82.8%), Russia (+48.2%), India (+14.8%), the Czech Republic (+65%) and Romania (+35.6%). But in particular the deliveries on the domestic market, which had been negative for a few years, recorded a higher increase than expected (+13.6%). The internal recovery is backed up by the consumer data (€ 3.5 billion, with a 13.7% increase compared to the previous year), over 6% higher than forecasts over the last few months.
"FURTHER INFORMATION"
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