August 2012: Business Climate Indicator picks up slightly in the euro area

Brüssel, 20 August 2012 - In August 2012, the Business Climate Indicator (BCI) for the euro area edged up by 0.06 points to ‑1.21. The slight increase results from an improvement in managers' assessment of past production, export order books and the adequacy of stocks of finished products. By contrast, managers' production expectations and their assessment of overall order books deteriorated.


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Terex launches Tender Offer for Demag Cranes AG

Offer price of €41.75 per share represents a premium of 41 percent to pre-takeover speculation share price on October 6, 2010 ─ Benefits for Demag and Terex through complementary business profile ─ Demag shareholders can tender their shares from today until June 30, 2011 (24:00 hours local time Frankfurt am Main) ─ Offer is subject to 51 percent acceptance threshold

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