RAMIRENT PLC PRESS RELEASE 16.3.2010
SELVAAGBYGG OUTSOURCES MACHINERY OPERATIONS TO RAMIRENT IN NORWAY
Having outsourced its electrification and power equipment to Ramirent's
subsidiary in Norway, Bautas, in November 2009, Selvaagbygg now expands its
cooperation by outsourcing its entire machinery operation and signs a three year
rental agreement with Bautas.
”Strategic co-operation agreements like this are important for both parties,”
says Eivind Bøe, Managing director of Bautas. ”Selvaagbygg will be able to
concentrate on its core activity while enhancing efficiency and reducing costs
related to equipment usage. We expect the outsourcing trend to continue to
increase as it gives a competitive advantage to those who opt for it. We are
committed to develop and optimise together with Selvaagbygg the delivery of
equipment and related rental services to simplify and increase productivity in
their operations,” concludes Bøe.
Bautas Norway's largest equipment rental company has 40 outlets that serve the
entire country. Selvaagbygg, a family-owned company with over 60 years of
experience in residential building, is today one of Norway's largest residential
builders. To date Selvaagbygg has constructed more than 50,000 homes in the
Greater Oslo area.
Vantaa, 16.3.2010
RAMIRENT PLC
Magnus Rosén
President and CEO
FURTHER INFORMATION:
Eivind Bøe, SVP, Norway, Managing Director of Bautas, Tel: +47 909 98 150
Jan Erik Solberg, Selvaagbygg, tel: +47 90 16 73 99
DISTRIBUTION:
NASDAQ OMX Helsinki
Main news media
www.ramirent.com
Ramirent is a leading equipment rental group delivering Dynamic Rental
Solutions™ that simplify business. We serve a broad range of customers,
including construction and process industries, shipyards, the public sector and
households. In 2009, Group sales totalled EUR 503 million. The Group has 3,000
employees, at 344 locations in 13 countries in Northern, Central and Eastern
Europe. Ramirent is listed on the NASDAQ OMX Helsinki Ltd.
