Atlas Copco has today blamed 'turmoil' in the construction market for its decision to withdraw from the construction trade show Intermat 2009, due to take place in Paris in April.
In a statement, it said: "A trade show like Intermat requires extensive resources to attend, both in terms of money and people. Because of the turmoil and uncertainty in the construction market, fewer visitors, particularly international, are expected to come to Intermat.
"With this in mind, Atlas Copco estimates it can bring more benefits to customers by reallocating the effort spent on Intermat and focusing on more targeted activities.
"Atlas Copco is committed to the construction market; we will also in this downturn develop our leadership by working closely to our customers. By focusing on more direct customer activities, we will interact more efficiently with our customers and will be better able to respond to the direct needs of the market."
The decision concerns both Atlas Copco and Dynapac brands.