Extract from stock exchange release published on 31st October 2012


In Europe, there is still a great deal of uncertainty in the economy. In both industrial and new construction activities, investment decisions are being postponed to a later date. This is also slowing down the demand for equipment rental in most of Cramo’s markets.

Despite uncertainty, the demand for equipment rental is growing in Norway, Estonia and Russia.

The growth predictions for construction activities and equipment rental have mainly been adjusted downwards during 2012. However, the demand situation in Cramo’s main market areas can still be described as satisfactory.

Euroconstruct, the construction market analysts, in their June market forecast, predict about a three per cent decline for construction activity in Finland and Sweden for 2012. For construction in Norway, Denmark and Germany, Euroconstruct forecasts a growth ranging between two and four per cent. The growth prediction for the Baltic countries is over ten per cent and for Russia approximately five per cent.

The equipment rental market normally grows faster than the underlying construction market. Even in periods of uncertainty, fleet renting is an interesting alternative for construction companies when allocating investment funds.


For the demerger prospectus, the demerger Q&A section, additional information for the Finnish shareholders and other information, please visit the Demerger section of our website.


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Welcome to Cramo Investor pages

Cramo is a service company specialising in equipment rental services. Our equipment rental services comprise machinery and equipment rental as well as rental-related services.

As one of the industry’s leading service providers in Europe, Cramo operates in Finland, Sweden, Norway, Estonia, Lithuania, Poland, Germany, Austria, Hungary, the Czech Republic and Slovakia. In Russia and Ukraine we operate under the brand of the 50 percent owned joint venture Fortrent.

Cramo provides modern rental solutions through the Cramo Concept. Under the Cramo Concept, construction companies and customers in trade, industry and the public sector, as well as private customers, are provided with machinery and equipment through different rental solutions and services.

By combining the product portfolio with its extensive offering of services, Cramo reduces the capital invested by its customers and can create total rental solutions for every need for both the short and long term.

Through a network of about 300 depots, with a total number of rental items over 230,000, Cramo’s 2,600 employees serve over 150,000 customers in eleven countries.

Cramo is a Nordic Mid Cap Company in the Industrials sector on Nasdaq Helsinki Ltd.