Cramo Strengthens Outsourcing Agreement with Customer

Dec. 22, 2010
Cramo, international rental company based in Helsinki, Finland, has signed an agreement whereby the equipment fleet, tower cranes and site huts from four depots of Lemminkäinen Building Construction have been outsourced to Cramo. The companies have reached agreement to prolong Cramo’s provision of site services for Lemminkäinen, and all Lemminkäinen employees under the agreement become Cramo employees.

Cramo, international rental company based in Helsinki, Finland, has signed an agreement whereby the equipment fleet, tower cranes and site huts from four depots of Lemminkäinen Building Construction have been outsourced to Cramo. The companies have reached agreement to prolong Cramo’s provision of site services for Lemminkäinen, and all Lemminkäinen employees under the agreement become Cramo employees.

“Outsourcing agreements are prioritized in our growth strategy,” said Tato Hauhio, senior vice president and head of Cramo Finland. “Especially in current market upturn, it shows the strategic intent of the customer to focus their resources to the growth and development of their core business. Lemminkäinen is already currently one of our most important customers and this new agreement will contribute to an even closer cooperation to benefit both parties.”

“This is our fifth substantial outsourcing agreement during the past half year,” added Cramo Group CEO Vesa Koivula. “It is obviously positive news for the rental industry and for Cramo in particular.”