Ramirent expands in Russia with new Sochi outlet

Ramirent has opened a rental outlet in Sochi, Russia, the city hosting the 2014 Winter Olympics. It is the company's first depot outside of St Petersburg and Moscow.

The company has been operating in Sochi since 2009 through a local partner, LLC Rostechnostroy, but Ramirent said having its own depot would give it new opportunities in the growing market in southern Russia.

The Sochi outlet opened on 12 May 2011 and is Ramirent's sixth in Russia. It has three in St Petersburg and two in Moscow as well as ten re-renter agents operating across Russia. The company has been operating in Russia since 1988.

"Thanks to our new outlet, we are now able to benefit from the business opportunities created by the Winter Olympics at a much greater scale", said Kari Aulasmaa, Finland's senior vice president, Finland and Europe East, "At the same time, we are strengthening our equipment rental offering in southern Russia."

Before the Sochi opening Ramirent's Russian operations of Ramirent had focused on the St Petersburg and Moscow regions.

Grigory Grif, Ramirent's Russia country manager, said; "Construction related to the Winter Olympics has made Sochi a third focus area in Russia for Ramirent. Demand for our machinery and equipment in Sochi is high, and our local partner has had excellent success in the area."