Ramirent seeks to grow its Temporary Space business

Ramirent seeks to grow its Temporary Space business

Ramirent Plc Press release 1 December 2015 at 9.15 am EET

Vantaa, Finland, 2015-12-01 08:15 CET (GLOBE NEWSWIRE) —

Ramirent launches a new sub-brand, Ramirent Temporary Space, to strengthen its position in the rapidly growing market for temporary space rental. In addition, Ramirent opens a dedicated website to better serve its temporary space customers.

“Ramirent is generally associated with the rental of machinery and equipment for the construction sector and general industry, but we also have a strong foothold in the temporary space business. As the market for temporary space solutions keeps growing, we aim to enhance our presence with the Ramirent Temporary Space sub-brand. Our aim is to double our Temporary Space net sales,” says Magnus Rosén, President and CEO.

Today, Ramirent generates EUR 30 million in annual sales from temporary space rental mainly in Sweden, Denmark and Norway, where it is the market leader. Ramirent’s temporary space customers are found especially in the public sector, in the industry sector and in the oil and gas sector. “We aim to seek growth especially in the industry sector with our high-end accommodation and office modules solutions, and in the public sector with our module systems adapted for different operations including pre-schools, schools as well as health care centres. Ramirent’s temporary space modules are also well-positioned to respond to the increasing needs for eco-efficient solutions,” Rosén continues.

Ramirent has helped companies in a variety of industries to move all or part of their operations into temporary premises already since the 1990s. In 2011, Ramirent took a step forward in the temporary space business by acquiring Rogaland Planbygg AS, the leading provider of rental accommodation and office modules to the oil and gas industry in Norway.

For further information
Mikael Salenstedt, Head of Ramirent Temporary Space, tel. + 46 8 624 95 06 or read more on temporary spaces on

Ramirent is a leading equipment rental group combining the best equipment, services and know-how into rental solutions that simplify customer’s business. Ramirent serves a broad range of customer sectors including construction, industry, services, the public sector and households. Ramirent has operations in the Nordic countries and in Central and Eastern Europe. In 2014, Ramirent Group sales totalled EUR 614 million. The Group has 2,658 employees in 295 customer centres in 10 countries. Ramirent is listed on the NASDAQ Helsinki (RMR1V). Ramirent – More Than Machines(TM).

Distribution: NASDAQ Helsinki, the main media,

Images:

Ramirent Temporay space