Marangoni sees increased profitability in retreading market

ERJ staff report (LMH)

Rovereto, Italy – Italian retreading equipment maker Marangoni has said that its truck and earthmoving division has increased market share and profitability, both in Italy and the main European markets, in the first nine months of 2012.

The company said however that it does not expect the market and overall demand to increase during the final months of this year. However, it said that it has achieved positive results in the European heavy transport and site/quarry market, despite that market…

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