June 27, 2007 -- Italy's machine tools, robots and automation output increased by 15.9 pct year-on-year in 2006, according to estimates of Italian association of machine tools and robots manufacturers UCIMU. The production value amounted to 4.9 bln euro ($6.58 bln), which is a record-high. The orders registered an annual increase of 15.7 pct. The exports of Italian machine tools went up by 17.7 pct to 2.787 bln euro ($3.74 bln), while the sales on the domestic market increased by 13.6 pct to 3.537 bln euro ($4.75 bln), UCIMU said. According to the president of the association Alberto Tacchella, the output of machine tools will increase by 11 pct to 5.5 bln euro ($7.39 bln) in 2007. UCIMU registered a growth of the production in the first half of 2007, Tacchella added.
Source: ANSA - English Corporate News Service
Source: Factiva
