Unione Distributori Italiani Bulloneria (UDIB) has been involved with several projects and activities in order to support its members with various services to meet the legal requirements for the fastener trade, whilst remaining a network for Italian distributors who can meet and exchange ideas.
Over the last 18 months UDIB has been involved in a number of projects in order to better serve its members. Firstly, in September 2023, Alexander Kolodzik took over the role of secretary of the association, with his work for EFDA resulting in great synergies that UDIB can utilise. At the beginning of 2023, UDIB also introduced a quarterly survey on the screw market in which its members can participate and orientate themselves. Plus, with UDIB YOUNG it is offering the younger generation of owner families a network to get to know the industry better and learn from each other.
“We are always working on how we can provide more information and assistance to our members in order to tackle the challenges of the modern market,” underlines UDIB President Riccardo Bonalumi. “Whilst the Italian market proved unexpectedly resilient in 2023, with a gradual slowdown rather than a collapse despite initial concerns – thanks to continued public infrastructure investment and a booming construction sector – it also saw significant mergers and acquisitions, driven by investment funds, which could reshape the fragmented fastener distribution market and force smaller companies to adapt to new strategies in the face of increasing market uncertainties and protectionist measures. 2024 also opened with a slowdown and a strong bearish push on prices that led to a major contraction in turnover but especially in margins. At UDIB we look to update members about important topics, such as the Carbon Border Adjustment Mechanism (CBAM) regulation, anti-dumping or even the EU Construction Products Regulation, to make sure they are better informed and are prepared for these market changing topics.”
To do this UDIB holds seminars, webinars and three general meetings a year, with the next big meeting in Bologna, Italy, at the end of November. UDIB will also have its own stand at Fastener Fair Italy, which takes place from 29th – 30th October in Milan.
www.udib.it
Will joined Fastener + Fixing Magazine in 2007 and over the last 15 years has experienced every facet of the fastener sector - interviewing key figures within the industry and visiting leading companies and exhibitions around the globe.
Will manages the content strategy across all platforms and is the guardian for the high editorial standards that the Magazine is renowned.
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