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Media / Local company news / Atlas Copco among the Top 50 World Construction Machinery Manufacturers for 2015

Atlas Copco among the Top 50 World Construction Machinery Manufacturers for 2015

2015-10-14

Beijing, China, September 21, 2015: Atlas Copco, a leading provider of sustainable productivity solutions, was included in the 2015 top-50 world construction machinery manufacturers and ranked No.10. The list presents the general performance of construction machinery manufacturers in the previous year.

Atlas Copco China - Markku Teräsvasar on China T50 Leader Dialogues
China Construction Machinery Magazine compiled the list based on the sales of each company's construction machinery business with operating profit, operating margin, return on average assets, and number of employees as reference indicators. This list was published at the T50 Summit of World Construction Machinery Industry on September 21 in Beijing. Atlas Copco was also listed in the top 10 last year. 

The market for the global construction machinery industry has seen a downturn in recent years. Total sales in 2014 of the global top 50 enterprises is approximately USD159.5 billion, with a year-on-year decline of 10.67%, especially in the mining industry sector. "There is less expectation for investment in new equipment in the current market, while existing equipment still enjoys a favorable utilization rate. As a result, we are seeing an increase in demand for services. We can provide quality parts and services for customers, and benefit our customers by improving the utilization rate of equipment," says Markku Teräsvasar, President of Atlas Copco Mining and Rock Excavation Service, during the T50 Leader Dialogues, "I'm confident that, after years of equipment operation with low substitution rate, an excellent market growth is foreseeable."

Freddy Man, General Manager of Atlas Copco Mining and Rock Excavation Technique Customer Center in Greater China, was given the 2015 Transnational Corporation Manager Award, and named senior enterprise leader that best understands the customers of China mining equipment. 

For more information please contact:
  • Caroline He, Senior Marketing Communication Specialist
+86 (10) 5870 6331      caroline.he@cn.atlascopco.com

Atlas Copco is a world-leading provider of sustainable productivity solutions. The Group serves customers with innovative compressors, vacuum solutions and air treatment systems, construction and mining equipment, power tools and assembly systems. Atlas Copco develops products and service focused on productivity, energy efficiency, safety and ergonomics.  The company was founded in 1873, is based in Stockholm, Sweden, and has a global reach spanning more than 180 countries. In 2014, Atlas Copco had revenues of BSEK 94 (BEUR 10.3) and more than 44 000 employees. Learn more at www.atlascopco.com.
 
Atlas Copco’s Mining and Rock Excavation Technique business area provides equipment for drilling and rock excavation, a complete range of related consumables and service through a global network. The business area innovates for sustainable productivity in surface and underground mining, infrastructure, civil works, well drilling and geotechnical applications. Principal product development and manufacturing units are located in Sweden, the United States, Canada, China and India.