Search

Ammann Group to Acquire Volvo CE's ABG Paver Business in Strategic Agreement

The transaction is expected to be finalised in the first half of 2024

Sustainability at the Forefront

Going forward, product innovations will be at the core of Ammann’s sustainability efforts

Road Equipment: Road to Recovery

The Ministry of Road Transport and Highways (MoRTH) has big plans of constructing expressways, national highways, state highways and rural roads in the coming years. However, any uncertain economic situation in future may affect the recovery of the market as this will affect the payment of contractors, financing and thus equipment mobilisation.

Ammann India becomes 100% subsidiary of Ammann Group Switzerland

Ammann Group Switzerland has announced that effective June 19, 2020, Ammann India has become a 100 per cent owned subsidiary of the Group.

Indian market is a priority for Ammann Group

Started operations in India in April 2013 joining hands with Apollo Group, Ammann Group has come a long way in a short span.

Bauma 2016 - the biggest trade show on earth

Bauma 2016 - the biggest trade show on earth - spread across over 608,503 sq m (1.5 lakh acres) exceeded expectations this year with a participation of 3,423 exhibitors from 58 countries and the presence of about 580,000 visitors from 200 countries.

Our plant can provide better energy saving

Two global players, Ammann from Switzerland which is into asphalt mixing plants for the last 150 years, and Apollo being in India for the past four decades, which is into asphalt mixing plants and other allied road equipment business, joined hands where Ammann has 70 per cent stake and Apollo the remaining 30 per cent stake in the JV

Tech-Xage 2014

Living up to its commitment of innovation Ammann Apollo organised an in house exhibition - Tech-Xage 2014 at its facility in Ditasan near Ahmedabad, Gujarat.

India showcase

Look at the slew of dismal facts. There has been an overall slowdown in Indian infrastructure activity due to lack of clearances of new as well as ongoing infrastructure projects. Even L&T chief AM Naik has indicated that the project pipeline is drying up. Many projects have not progressed even after being approved of by the central government and after achieving financial deal closure, too.

A seismic shift

There has been a formidable shift in the sales trends of construction equipment globally, a trend that is expected to continue in the near future. The US, which went from 28 per cent in 2006 to 12 per cent in 2011, is expected to recover three percentage points by 2016, reaching the 15 per cent of world demand. The analysis of emerging countries reveals a steady growth of the Indian market share (from 3 per cent in 2006 to 5 per cent in 2011, to the forecast 8 per cent in 2016) and a substantial

Ammann buys 70% in Apollo

Swiss engineering firm Ammann Group is picking 70 per cent stake in the consolidated road construction equipment business of Gujarat-based Apollo Group in a deal valuing the business at Rs 400 crore ($73 million).

Digital Edition