Fayat “ready to play part” in beating economic gloom
Fayat sales and marketing manager Jacques Bonvallet
The Fayat Group’s road building division is “ready to play its part” in overcoming the global economic downturn, Group general manager Jean-Claude Fayat told a press conference at INTERMAT.
“The crisis is not over. The financing aspects have to be handled with care,” said Fayat, who stressed how the French Group’s “diversification and internationalisation” had left it in “good shape” to come through tough economic times.
Fayat also highlighted the construction industry giant’s continuing machine innovation and growing number of commercial subsidiaries, most recently including the launch of Fayat-Bomag Russia, Fayat-Bomag Polska, Marini Turkey, and Marini India.
As an employer of 18,000 staff with latest annual turnover hitting €32bn, Fayat sales and marketing manager Jacques Bonvallet said the Group had also been keen to focus on its internal development.
“There has been a significant increase in the size of our factories in Shanghai and Beijing. We are also studying the possibility of opening a new factory in India,” said Bonvallet.