Ramirent, the Helsinki, Finland-based international rental company, recently reduced its full-year estimates. While Ramirent still estimates net sales growth for the year, as a result of softening of markets especially in the Baltic states, the company said it expects profit before taxes and earnings per share to drop to less than 2007 levels.
Ramirent, which has branches in Finland, Norway, Sweden, Denmark, Russia, Estonia, Latvia, Lithuania, Poland, Hungary, Czech Republic, Ukraine and Slovakia, said it will publish its second quarter interim report on August 15.
In other Ramirent news, Freek Nijdam, vice president of Atlas Copco AB and former CEO of Scottsdale, Ariz.-based Rental Service Corp., has decided to resign from the Ramirent board of directors because of health concerns.
