Extract from stock exchange release published on 9th May 2011

The construction and equipment rental service mar-kets are expected to grow stronger in almost all of Cramo’s market areas in 2011. According to construction market research organisation Euroconstruct, construction activity will grow some 3–4 per cent throughout the Nordic region in 2011. Two-digit growth rates are forecasted for Poland and Estonia. Elsewhere in Eastern Europe (excluding the Czech Republic), growth is estimated at 4–6 per cent. In Central Europe, construction activity is expected to in-crease by approximately one per cent in Germany, Austria and Switzerland. The growth forecast for Hungary is some five per cent.

Cramo’s experience shows that changes in the equipment rental market follow changes in construction activity with some delay. From the spring onwards, rental markets are expected to grow stronger in almost all of Cramo’s market areas compared with the previous year.

Cramo anticipates stronger growth in the demand for rental services than in construction. Increased interest in equipment rental as an alternative to owning will contribute to the growth of the rental market. Construction companies are also finding arrangements where companies outsource their equipment fleets to a rental service company to be increasingly attractive.

As a consequence of improving prospects, Cramo Group’s investments will increase.




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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.