Ramirent signs rental agreement with Norwegian housebuilder

Ramirent's Norwegian subsidiary, Bautas, has signed a rental agreement with housebuilder Selvaagbygg to supply equipment for all of its projects in Norway. The contract includes Bautas taking over Selvaagbygg's power generation fleet.

Selvaagbygg is a family-owned company that has been building homes in Norway for over 60 years. It is now one the largest housebuilders in the country, having built over 50000 homes in the greater Oslo area.

Jan Erik Solberg, production director at Selvaagbygg, said the company had developed from being a small-scale housebuilder to a larger scale contractor also building commercial and warehouse facilities; "By selecting Bautas as our partner we can optimise logistics, maximise the stability of our operations and at the same time secure availability of high quality equipment and machines at our project sites.

"The fact that Bautas can provide such a wide range of equipment, in combination with their long experience, made us choose Bautas".

Eivind Bøe, managing director of Ramirent Norway, said it was an exciting contract for the company; "We see an increasing trend among companies towards outsourcing non-core activities in order to release tied up capital and improve flexibility. We are very happy to start cooperating also in this way with Selvaagbygg by taking over their electrical equipment".