Russian mining industry slow to adopt rental

12 December 2013

Proportion of Russian mining companies renting different types of equipment. (Source: RusRental).

Proportion of Russian mining companies renting different types of equipment. (Source: RusRental).

A new study into the use of equipment rental by the Russian mining industry found that only a third of companies are using rented equipment and only in a few product categories.

The study, Equipment Rental in the Russian Mining Industry, by consultancy RusRental, found that the most popular rental products - excavators, dozers and mobile cranes - were rented by no more than 30% of mining companies in the country. The other most commonly rented equipment being scaffolding, formwork and portable accommodation (used by between 20 and 25% of companies).

The survey found that no mining companies rented aerial platforms and in most other products, including rollers, tower cranes and concrete pumps, less than 10% of companies rented them.

RusRental said the survey showed that “the Russian mining industry giants still show a cautious attitude towards equipment rental, [but] more and more of them are becoming rental-oriented”.

The consultant said attitudes towards rental differed strongly in various parts of Russia, with some areas where rental is used very rarely.

Latest News
Peri completes ‘Europe’s largest’ 3D printed building
Peri highlighted that conventional construction methods could not have been used to achieve this design
Implenia reaches ‘record level’ consolidated profit with nearly US$8bn backlog
The company said success across all divisions led to profit and extensive order book
Construction industry update: legal battles, global projects, and educational initiatives
Selection of the week’s biggest stories on Construction Briefing