Russia targeted in Terex sales agreement

By Euan Youdale09 August 2010

Terex Cranes has entered into an agreement to sell all terrain and rough terrain cranes in Russia.

The deal will give JVM Equipment International Ltd., based in Ireland, exclusive distribution of Terex cranes in the European zone of Russia through its Russian subsidiary JSC Kwintmadi.

According to Terex, JSC Kwintmadi previously represented Grove/MCG Russia and has a seventeen-branch sales and service network across the European Russia area, with headquarters in Moscow. The European zone of Russia comprises districts one, two, three and four of the Russian Federation.

"Russia is a strategic market for Terex Cranes and this new partnership with JVM Equipment and JSC Kwintmadi is an excellent opportunity for us to focus on Russian market prospects," said Thomas Hartmann, Terex Zweibr├╝cken sales director. "With JSC Kwintmadi's customer intimacy and strong network, Terex will be able to secure much closer customer relationships and enhance its service offering rapidly".

MAGAZINE
NEWSLETTER
Delivered directly to your inbox, World Crane Week Newsletter features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
Long Reads
SHOW GUIDE: The Utility Expo
A host of products and services will be shown at The Utility Show, formerly ICUEE, in Louisville, KY.
Heavy industry big part of climate crisis solution, says Mammoet
Mammoet’s head of sustainability, Erica Gray, discusses engineered heavy lifting’s role as an enabler of the climate change transition
Top 5 private equity rental acquisitions 2021
We pick out five prominent acquisitions that have occurred throughout the year
CONNECT WITH THE TEAM
Alex Dahm Editor, International Cranes and Specialized Transport Tel: +44(0) 1892 786 206 E-mail: alex.dahm@khl.com
Mike Posener Sales Manager Tel: +353 860 431 219 E-mail: mike.posener@khl.com
CONNECT WITH SOCIAL MEDIA