Manitou ceases activities in Italy and India

Premium Content

26 March 2020

Manitou Group has followed government COVID-19 containment policies in Italy and India, by temporarily ceasing its production activities in those two countries. The shutdowns follow those in France, announced 17 March.

Manitou

Concerning distribution, the company said in a statement, ”business is also very slow in most geographical areas due to the globalisation of containment policies and market uncertainty.”

Where authorised and when conditions allow, Manitou said it will continue the distribution of spare parts.

The scale and uncertainties of COVID-19 has also lead Manitou Group to suspend any financial guidance for 2020. The company added that it remained committed to dealing with the consequences of the COVID-19 crisis with regard to its employees, customers, operations and all its stakeholders. 

 

 

Istanbul – the world’s next meeting place
Levent Baykal, organiser of Komatek, the largest construction exhibition in Türkiye, talks to KHL’s Content Studio about his plans to put people at the heart of the show
The future of off-highway power is about integration, not just innovation
OEMs face growing complexity in powertrain decisions – but clarity is emerging around efficiency and uptime