Rental Company of the Year
Aggreko wins European Rental
Company of the Year award
Aggreko, the global leader in temporary power and temperature
control systems, has been awarded the European Rental Company of
the Year (10 depots or more) at the European Rental Association’s
(ERA) annual convention in Manchester. Organised by International
Rental News and the European Rental Association, the awards are
designed to celebrate excellence in rental and were presented
before an audience of 250 European rental executives and ERA
members.
The judges praised Aggreko’s continuing success in a challenging
business environment: “The award for Aggreko recognises its great
performance during a year in which trading conditions started to
deteriorate significantly. As well as growing its business in
Europe and winning prestigious rental contracts such as the Euro
2008 tournament, the company continues to grow internationally and
strengthen its position as the world’s leading power and
temperature control renter.”
Hendrik Jan Molenaar, Director of Business Development, and
Nicolas Jung, Sales and Marketing Manager Continental Europe,
accepted the award of behalf of Aggreko Plc. “We are very proud of
the recognition we have received today from the ERA,” said Hendrik
Jan Molenaar. “It is great to see that our increased customer focus
and push towards operational excellence is making the difference
not only in the temporary power generation and temperature control
businesses but also among our peers in the rental industry.”
In 2008, while other rental companies were struggling to adapt
to changing market conditions, UK-based Aggreko managed to maintain
its growth, increase its profits, expand its global footprint and
win many of the major power and temperature contracts of the year,
including the Beijing Olympics (140MW of power), the European
football championships and the US SuperBowl.
During the year Aggreko also won the contract for the 2010
Vancouver Winter Olympic Games, and is now operating on the site of
the 2012 London Olympic Games. Despite the recession, Aggreko's
2008 revenue in Europe rose by 11 per cent with trading profits up
20 per cent. The company continued to invest in both its fleet and
in its manufacturing facilities. Fleet investment in 2008 was £260
million and the company announced in October that it will invest
£20 million in a new generator production facility in Scotland
close to its Glasgow headquarters.