CONTENTS

• KRAMER AND NEUSON ANNOUNCE INTENTION TO MERGE
• KRAMER OPENS NEW PREMISES IN THE UK
• RENTAL TRENDS IN EUROPEAN CONSTRUCTION EQUIPMENT MARKETS
• BACKHOE LOADERS: CONTINUED DECLINE IN GERMAN AND AUSTRIAN MARKETS
• JAPANESE CONSTRUCTION EQUIPMENT INDUSTRY BEGINS TO RECOVER
• DEERE BEGINS TRACTOR PRODUCTION IN INDIA
• DENISON PURCHASES VALMET HYDRAULICS
• SWITZERLAND: PROBST ACQUIRES MAVEG-NOTZ

FINANCIAL RESULTS

ANNUAL

• ATLAS COPCO - SWEDEN
• DEUTZ - GERMANY
• JCB - UNITED KINGDOM
• TEREX - USA