The downturn of the construction market has hit construction equipment rental companies as well, and according to them, a decline can be seen both now and in the near future in general as well as road construction.To help mitigate the situation, companies are looking into new lines of business as well.
Anyone moving around Tallinn who happens to pass by the storage lot of construction equipment and tool rental company Cramo on Tähetorni tänav may notice that the lot is currently filled with a considerable number of construction containers.
Weigh this up against recent news about the downturn in the construction sector and one may get the impression that work at construction sites has halted altogether.
Cramo Estonia CEO Remo Holsmer says that this year is indeed much harder than previous years, but the situation can’t be called very bad yet either.
Read more: ERR.EE
