All Business & Finance Articles

United Rentals ups investment to meet demand
United Rentals reported a 2% increase in revenues to US$605 million for the three months to 30 September, with rental revenues increasing by 6% to $507 million. The company made a net profit of $23 million compared to break-even in the same quarter in 2009.
Haulotte posts 30% sales increase for third quarter
Haulotte said a 73% jump in sales to Latin America helped its third quarter revenues increase by 30% to €63.2 million. Sales for the year to date were up 20% at €177.6 million, with new equipment sales up 25% to €131.3.
Liugong enjoys record first half
Sales, profits and export volumes all reach new highs.
CE Barometer October 2010: Sentiment still soft
October saw sentiment on European construction activity soften again, although it remained comfortably in positive territory.
European rental investment levels rebound slowly
European rental companies plan to slowly increase their investment in equipment fleets over the next few years, although not to the same levels as the peaks of 2006 and 2007, according to the results of the recent ERA/IRN RentalTracker survey for the third quarter of 2010.
TVH Parts NV takes over activities of Ruben Power BVBA
From the beginning of October 2010 TVH Parts has taken over the business of battery specialist Ruben Power BVBA.
Blade divides businesses to specialise
UK company Blade Access has been sold for an undisclosed sum and will now be renamed Blade Access Specialists Ltd. The company will focus on the access rental market and, in particular, the truck mounted platform sector. Mark Bell will be a director of the new Specialists company.
Barin sells new concept bridge inspection to Vietnam
Last month Italian manufacturer Barin delivered three bridge inspection units, AB6.5 Combi to Vietnam for bridge maintenance
Speedy opens depot at massive Cairo project
Speedy has established an on-site rental depot at the massive Cairo Festival City development in Cairo, Egypt. It is the UK rental company’s first major contract in North Africa.
ACS plans share issue to fund Hochtief acquisition
Majority of ownership has indicated approval to issue up to 157 million new shares.
HSS wins five-year deal with Thames Water
HSS Hire has won a five year, multi-million pound rental contract with Thames Water, the UK’s largest water and wastewater utility company.
Honda takes legal action over engine copies
Engine manufacturer Honda has taken legal action against two Chinese companies that it claims showed copied Honda products at a gardening equipment show in Cologne in September.
Tadano 70 tonne RTs to Crushing Services
Crushing Services International (CSI) has added two new 70 tonne capacity Tadano GR-700EX rough terrain cranes to its fleet in Western Australia
Strabag grants Deripaska three-week extension
Russian oligarch given more time for legal formalities in his re-acquisition of a 25% stake in the Austrian contractor.
Isoli sells special PNT 210Js to East Europe
Isoli has received an order from Eastern Europe for four of its PNT 210J units with some special features.
Reliance raises US$ 1.6 billion for Mumbai metro
Construction of second line to get underway in December.
Fatal blow for Chicago Spire
Bank foreclosure signals the end of the line for what would have been tallest building in the Western hemisphere.
Pyeroy invests in HAKITEC for marine contracts
UK industrial services specialist Pyeroy has invested £250,000 in a new HAKITEC 750 weather protection system to improve its services to marine customers.
Feasibility study for South African solar park
Fluor to develop detailed plans for US$ 20 billion, 5 GW solar power scheme
Hyundai set for Kuwait causeway
Consortium enters lowest bid for 25 km link to the new ‘City of Silk’.
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