In market terms, the orders index processed by ACIMIT,
the Association of Italian Textile Machinery Manufacturers, indicates a
40% increase abroad and a 5% increase in Italy. ..Commenting on
the data, Sandro Salmoiraghi, President of ACIMIT, said: “The growth in
orders is a satisfying element, but the recovery has more or less
equally rewarded other machinery manufacturing countries as well, so
that competition on international markets is even fiercer than in the
past.”..Forecasts for the third quarter of 2010 provided by
producers indicate an essentially stable situation in all segments for
Italy’s domestic market. More consistent signs of optimism are coming
from foreign sales…”The orders coming in over the next three
months will be decisive in understanding whether the recovery marks a
real reversal of trends,” he said..
Date:9/26/2010
Source:Reuters