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Surging ahead

In the long term, we see high demand worldwide for mobile cranes, supported by the sectors of infrastructure, refineries, chemicals, and energy, with wind power playing a particularly important part. The Liebherr Mobile Crane Division is based in Ehingen, Germany, where it operates manufacturing facilities covering a built-over area of 220,000 sq m on a total surface of 840,000 sq m,

Used crane without any restriction on age is a big danger from safety points

The market looked good in 2010-11 and 2011-12, but since April 2012, it is in decline. Shortage of floating money, difficulties in getting term loans, a payment crisis in the market, shortage of coal supply for new power plants, reduction in tax advantage in windmill investments etc.