Mollo Noleggio posts record growth

Italian access rental firm Mollo Noleggio has posted a 20% increase in turnover for fiscal 2011, reaching €17.2 million (US$ 21.3 million), a net increase of €2.9 million (US$ 3.6 million).

The company, which specialises in the rental of aerial platforms and telehandlers, has seen its turnover double in the past five years, from €9 million (US$11 million) in 2007 to over €17 million (US$21 million) for 2011.

In 2011, the company invested €11 million (US$13.6 million) in new equipment in order to meet market needs. This included the purchase of aerial work platforms, lift machines, telehandlers, excavators, trucks and construction equipment.

Mollo Noleggio also expanded its network, and now has 13 branches in operation across northern Italy.