All Rental Articles
An ERA committee is trying to review and standardize General Rental Conditions for the European rental market. It's a difficult task, so what progress are they making?
Bobcat has opened a major new production plant in the Czech Republic as part of the 'global regionalisation' of the business. Murry pollok reports from the factory at Dobris near Prague.
Manitou has launched new 4 t telehandlers, and made them available in different versions for different buyers, including rental. Patrick Hill reports.
Rich people hold very expensive parties. This gives event rental companies a lucrative market, but requires some international rental cooperation along the way. Steve Hayward, IRN's events correspondant, reports.
People news from the world's rental industry
The world's rental companies and equipment suppliers remain generally confident about prospects for the rental market in 2008, although there are signs of caution from the US.
Spanish rental company Euroloc has negotiated a seven year, €240 million loan with Banesto and the Bank of Scotland that will refinance its existing debt and give it €120 million additional investment funds.
Cramo's Danish subsidiary has acquired the internal rental division of Skanska Denmark. Around 90% of the division's business is internal, and Cramo said the deal is likely to add around DKK100 million (€13,5 million) in annual revenues. The sale price was not disclosed.
Hyundai Heavy Industries Europe (HHIE) has established a subsidiary in France, its first subsidiary in the region.
Over 5000 party and events professionals visited the recent Showman's Show in the UK in October, and a definite theme of the event was environmentally friendly products.
Around 4000 m2 of exhibition space has already been booked by over 60 companies for the first International Rental Exhibition (IRE) taking place in Amsterdam on 3-5 June next year.
A Chinese rental association has been established by the China Construction Machinery Association (CCMA) and will hold its inaugural official meeting on 15 November.
Rental in China is still in its infancy, but the recent BICES exhibition in Beijing, China, attended by over 60000 visitors, provided evidence that its profile is rising, with one of China's biggest equipment manufacturers, Liugong, promoting rental on its stand at the show.
Capital investment by US rental companies is showing signs of flattening or declining in 2008, according to two of the biggest suppliers to the rental market, Caterpillar and JLG Industries.
A-Plant won the coveted hire company of the year award (over 5 outlets) at the Hire Association Europe (HAE) awards in Cardiff, UK, in October.
What the banking credit crisis means for Access manufacturers and rental companies.