ROME: The orders index for Italian textile machinery companies in foreign markets grew during the fourth quarter of 2015, whilst on the domestic front the positive orders trend is hit by a setback over the past six months, ACIMIT, the Association of Italian Textile Machinery Manufacturers, reports.
“I believe it’s important to have closed out 2015 with an overall increase in the order intake. This is a positive result that may be further strengthened over the first half of 2016 if the numerous contacts confirmed at ITMA 2015 materialize,” said ACIMIT president Raffaella Carabelli.
“As for the domestic market, we weren’t expecting this sort of setback after two positive quarters. However, the year-end trade fair has confirmed the many signs of recovery, even for Italy, which now need to be verified in early 2016.”
