All Rental Articles
Starting a rental business as an individual has inherent problems, but also has advantages. Use the advantages to overcome the problems as much as possible.
The first Europlatform conference for access rental professionals took place in Basel, Switzerland, on 11 September, and was attended by over 100 rental company managers, equipment dealers and manufacturers. The event was jointly organised by IRN's sister magazine, Access International, and the International Powered Access Federation (IPAF). Murray Pollok reports.
Access rental companies should extend the life span of machines to maximize the value of their businesses, said Kevin Appleton, chief executive of Lavendon, the world's biggest access–only rental company, at Europlatform.
Steve Shaughnessy, managing director of UK rental company A-Plant's specialty businesses division, drew on his extensive experience of the US access rental sector to highlight some of the key differences in approach from Europe.
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.