All Business & Finance Articles
Speedy has won a three-year contract with the Nuclear Decommissioning Authority (NDA) to supply lifting consumables to the nuclear processing sites at Sellafield, the 11 Magnox reactors, Dounreay and other locations.
Robust full-year growth from construction and forestry division leads to strong 2012 forecast
Volvo Rents has completed two recent acquisitions in the US as part of its strategy to create company-owned network as well as its franchise operation.
Spanish genset and lighting tower manufacturer Himoinsa said the addition of two metal forming tools has doubled production capacity at its production facility in San Javier, Murcie.
German rental company BauRent Baumaschinen Miet-Service is close to being sold by its Japanese owner Itochu Corp, IRN understands.
European rental companies will invest the equivalent of 14% of the total value of their fleets (at original cost) in both 2012 and 2013 after similar levels of spending this year, according to the third quarter ERA/IRN RentalTracker survey.
French rental companies reported a 9% increase in revenues in the third quarter of 2011 compared to the same period in 2010, with higher utilisation being the main driver of revenue growth, reported DLR, the French association for rental companies and equipment distributors.
UK renter Hewden has signed a “multi-million pound” contract with IT supplier Maxima for a Microsoft business management and CRM (customer relationship management) system.
APR Energy (APR) has won a rental contract with Électricité de France (EDF) to supply 20 MW of power to the Caribbean island of Martinique.
International rental company, the Lavendon Group plc, announced year-on-year growth of 8% for the nine month period to the 30 September compared to 2010 - growth in the third quarter was 7% compared to last year.
Kiloutou and Bergerat Monnoyeur have confirmed the sale of the BM Location rental business to Kiloutou. The deal only requires confirmation by the European competition authorities in Brussels.
In an interim report for the six month ending 30 September 2011 Speedy Hire reported a return to profit of £4.8 million compared to a loss £9.9 million for the same period in 2010.
Ramirent has signed a sponsorship agreement for the 2012 European Athletics Championships being held in Finland next summer. As part of the agreement it will be the exclusive equipment rental partner for the event.
HSS Hire maintained its growth in the third quarter of the year although profits were impacted by the company’s investment in its new logistics and operational platform.
Companies have just over six weeks to submit their entries for the fifth European Rental Awards, to be held on 15 May next year during the European Rental Association’s annual convention in Oslo, Norway.
Australian family-owned rental company Kennards Hire has presented its 850 employees with a A$3 million (€2.25 million) annual bonus, averaging at A$4600 (€3440) per worker.
Caterpillar is to switch manufacture of mini-excavators and small track-type tractors from its Sagami facility in Japan to a new factory in North America.
Qatar may be in the headlines following the news that it will host the 2022 World Cup, but rental managers in the region tell Murray Pollok that most of the rental action is currently elsewhere.
The North American rental sector is making a welcome return to growth this year, with an expected 5-10% increase in revenues. However, as Murray Pollok reports, the recovery remains far from robust.
Brazil has the fastest growing rental market in the world. But is it growing too fast, and can the construction boom be sustained? Murray Pollok, IRN Editor, asked rental companies and suppliers in the country.
Calculate the total cost of ownership and
CO2 output of construction machinery
using the European Rental Association’s
online, free-to-use calculators.
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