Definition: Gross investment in machinery and equipment, inclu...

Category: Transport

This expenditure covers vessels, machinery (computers etc.), vehicles including any special or specialised vehicles used by the enterprise. Included in the total are all additions, alterations, improvements and renovations, which prolong the service life or increase the productive capacity of these capital goods.

Note: Current maintenance costs are excluded. http://ec.europa.eu/eurostat/ramon/statmanuals/files/KS-BI-03-002-__-N-EN.pdf