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31 January 2012

Drop in Spain's concrete sector

First publishedon www.AggBusiness.com

According to Anefhop, activity in the Spanish concrete sector decreased 20% during 2011 and is set to fall by a further 20% in 2012.

This will mean a 60% fall in production since 2007. In terms of employment, however, this decrease in activity will not be directly proportionate as up to 50% of staff are employed indirectly, mainly from the transport sector.

The impact of the current economic situation will therefore present a reduction of 20% in indirect employment and 10% in direct employment throughout 2012.

The number of companies that have so far gone under has not exceeded 5%, due to the fact that the sector is mainly formed of large multi-nationals.

Anefhop represents around 80% of Spanish concrete producers.

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