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European Rental Association
The ERA - European Rental Association is a trade association representing the equipment rental sector in Europe. History and Mission ERA was set up in 2006 to promote and represent the equipment rental industry, which was largely overlooked and seen as an integral part of the construction industry itself. ERA represents over 5,000 rental companies in Europe, either directly or through its 15 rental association members (14 national associations and one international). Its work focuses on 7 main areas: * Promotion of the rental concept * Technical issues and equipment * Statistics on the European rental market * Sustainability in the rental industry * Harmonisation of national regulations in Europe * Awareness of the challenges of the future of the rental industry * Support for rental associations Structure ERA, like most trade associations, uses working committees which meet regularly throughout the year and develop deliverables that may be of use to member companies and associ ...
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Trade Association
A trade association, also known as an industry trade group, business association, sector association or industry body, is an organization founded and funded by businesses that operate in a specific Industry (economics), industry. An industry trade association participates in public relations activities such as advertising, education, publishing, lobbying, and political donations, but its focus is collaboration between companies. Associations may offer other services, such as producing conferences, holding networking or charitable events, or offering classes or educational materials. Many associations are non-profit organizations governed by bylaws and directed by officers who are also members. In countries with a social market economy, the role of trade associations is often taken by employers' organizations, which also take a role in social dialogue. Political influence One of the primary purposes of trade groups, particularly in the United States, is to attempt to influence p ...
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Brussels
Brussels (french: Bruxelles or ; nl, Brussel ), officially the Brussels-Capital Region (All text and all but one graphic show the English name as Brussels-Capital Region.) (french: link=no, Région de Bruxelles-Capitale; nl, link=no, Brussels Hoofdstedelijk Gewest), is a region of Belgium comprising 19 municipalities, including the City of Brussels, which is the capital of Belgium. The Brussels-Capital Region is located in the central portion of the country and is a part of both the French Community of Belgium and the Flemish Community, but is separate from the Flemish Region (within which it forms an enclave) and the Walloon Region. Brussels is the most densely populated region in Belgium, and although it has the highest GDP per capita, it has the lowest available income per household. The Brussels Region covers , a relatively small area compared to the two other regions, and has a population of over 1.2 million. The five times larger metropolitan area of Brusse ...
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Belgium
Belgium, ; french: Belgique ; german: Belgien officially the Kingdom of Belgium, is a country in Northwestern Europe. The country is bordered by the Netherlands to the north, Germany to the east, Luxembourg to the southeast, France to the southwest, and the North Sea to the northwest. It covers an area of and has a population of more than 11.5 million, making it the 22nd most densely populated country in the world and the 6th most densely populated country in Europe, with a density of . Belgium is part of an area known as the Low Countries, historically a somewhat larger region than the Benelux group of states, as it also included parts of northern France. The capital and largest city is Brussels; other major cities are Antwerp, Ghent, Charleroi, Liège, Bruges, Namur, and Leuven. Belgium is a sovereign state and a federal constitutional monarchy with a parliamentary system. Its institutional organization is complex and is structured on both regional ...
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English Language
English is a West Germanic language of the Indo-European language family, with its earliest forms spoken by the inhabitants of early medieval England. It is named after the Angles, one of the ancient Germanic peoples that migrated to the island of Great Britain. Existing on a dialect continuum with Scots, and then closest related to the Low Saxon and Frisian languages, English is genealogically West Germanic. However, its vocabulary is also distinctively influenced by dialects of France (about 29% of Modern English words) and Latin (also about 29%), plus some grammar and a small amount of core vocabulary influenced by Old Norse (a North Germanic language). Speakers of English are called Anglophones. The earliest forms of English, collectively known as Old English, evolved from a group of West Germanic (Ingvaeonic) dialects brought to Great Britain by Anglo-Saxon settlers in the 5th century and further mutated by Norse-speaking Viking settlers starting in the 8th and 9th ...
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ERA High Res
An era is a span of time defined for the purposes of chronology or historiography, as in the regnal eras in the history of a given monarchy, a calendar era used for a given calendar, or the geological eras defined for the history of Earth. Comparable terms are epoch, age, period, saeculum, aeon (Greek ''aion'') and Sanskrit yuga. Etymology The word has been in use in English since 1615, and is derived from Late Latin ''aera'' "an era or epoch from which time is reckoned," probably identical to Latin ''æra'' "counters used for calculation," plural of ''æs'' "brass, money". The Latin word use in chronology seems to have begun in 5th century Visigothic Spain, where it appears in the ''History'' of Isidore of Seville, and in later texts. The Spanish era is calculated from 38 BC, Before Christ, perhaps because of a tax (cfr. indiction) levied in that year, or due to a miscalculation of the Battle of Actium, which occurred in 31 BC. Like epoch, "era" in English originally meant " ...
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Equipment Rental
Equipment rental, also called plant hire in some countries (in the UK for instance), is a service industry providing machinery, equipment and tools of all kinds and sizes (from earthmoving to Aerial work platform, powered access, from power generation to Power tool, hand-held tools, etc.) for a limited period of time to final users, mainly to construction contractors but also to industry and individual consumers. Renting can be defined as getting equipment for a temporary purpose to help the people who are not willing to buy the equipment. History Equipment rental is a relatively new industry, first developed in Anglo-Saxon countries. It emerged in the UK after the First World War and has now become a multi-billion euro business providing a wide range of construction and industrial equipment for customers globally.The American Rental Association was founded as early as 1955, and the first waves of Consolidation (business), consolidation took place in the 1970s in North America, l ...
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Equipment Rental
Equipment rental, also called plant hire in some countries (in the UK for instance), is a service industry providing machinery, equipment and tools of all kinds and sizes (from earthmoving to Aerial work platform, powered access, from power generation to Power tool, hand-held tools, etc.) for a limited period of time to final users, mainly to construction contractors but also to industry and individual consumers. Renting can be defined as getting equipment for a temporary purpose to help the people who are not willing to buy the equipment. History Equipment rental is a relatively new industry, first developed in Anglo-Saxon countries. It emerged in the UK after the First World War and has now become a multi-billion euro business providing a wide range of construction and industrial equipment for customers globally.The American Rental Association was founded as early as 1955, and the first waves of Consolidation (business), consolidation took place in the 1970s in North America, l ...
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Intermat
INTERMAT (formerly EXPOMAT) is an international exhibition of equipment, machinery and techniques for the construction and materials industries, held every three years in Paris. The exhibition is organised by CISMA and Seimat, French professional trade unions for the equipment industry, together with Comexposium, a French trade show organiser. History The exhibition was initially held at the Paris – Le Bourget Airport, and known as EXPOMAT. In 1988, it moved to the Parc des Expositions de Villepinte and was renamed INTERMAT. Several manufacturers display their construction machinery and equipment in an outdoor demonstration area called INTERMAT Demo, where they can demonstrate machinery and equipment performance in simulated working conditions. The programme includes demonstrations of site machinery: backhoe loaders, mechanical diggers, mini-excavators, loaders and graders. Construction equipment manufacturers who showcase their products at the exhibition include Caterpil ...
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Bauma (trade Fair)
The bauma (International Trade Fair for Construction Machinery, Building Material Machines, Mining Machines, Construction Vehicles and Construction Equipment) is the world's largest trade fair in the construction industry. The trade fair, which can be visited by anyone, is held every three years on the grounds of the Neue Messe München and lasts for seven days. Its organizer is Messe München. History The first exhibition took place in 1954 as part of the “Baumusterschau” at Theresienhöhe in Munich and was then known as the spring show for construction machinery. 58 exhibitors presented their products on a total gross area of 20,000 m², attracting around 8,000 visitors. Two years later, the exhibition space had already doubled and the name “bauma”, which is still used today, was introduced. In the early days, the fair was a purely German exhibition. In 1958, the first exhibitors from abroad (number: 13) took part in bauma. Due to the building boom the exhibition spac ...
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Renting
Renting, also known as hiring or letting, is an agreement where a payment is made for the temporary use of a good, service or property owned by another. A gross lease is when the tenant pays a flat rental amount and the landlord pays for all property charges regularly incurred by the ownership. An example of renting is equipment rental. Renting can be an example of the sharing economy. History Various types of rent are referenced in Roman law: rent (''canon'') under the long leasehold tenure of Emphyteusis; rent (''reditus'') of a farm; ground-rent (''solarium''); rent of state lands (''vectigal''); and the annual rent (''prensio'') payable for the ''jus superficiarum'' or right to the perpetual enjoyment of anything built on the surface of land. Reasons for renting There are many possible reasons for renting instead of buying, for example: *In many jurisdictions (including India, Spain, Australia, United Kingdom and the United States) rent paid in a trade or business is ...
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Operated Equipment Rental
Operated Equipment Rental is the term used for the rental of large or complex machinery where the rental company supplies an operator or driver to operate the machinery. This is also sometimes referred to as Wet Rental (particularly in Australia), and Operated Plant (in the UK). In India, the Middle East and Asia a large percentage of all heavy equipment and cranes are supplied with operator reflecting the comparative youth of training programs for specialized operators in construction Construction is a general term meaning the art and science to form Physical object, objects, systems, or organizations,"Construction" def. 1.a. 1.b. and 1.c. ''Oxford English Dictionary'' Second Edition on CD-ROM (v. 4.0) Oxford University Pr ... companies in those countries. Differences from other forms of rental * In this specialized market the rental charges to the customer are not purely based on the rental of the machine, but on the combined value of the machine and timesheets entered by t ...
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Equipment Service Management And Rental
Equipment service management and rental (ESM&R) refers to equipment services management throughout the heavy equipment life cycle. Increased competition and slim margins in heavy equipment sales and rental place a heavy burden on manufacturers, dealers, rental companies and service businesses to improve their service performance. Improving service in these conditions is critical to maintaining margins and growing profitability. The ESM&R approach provides an integrated view of the heavy equipment business. Thus manufacturers, dealers, suppliers, rental and services business can improve the value their customers derive from their equipment and subsequently improve their own profitability and reduce cost at the same time. Collaboration is a critical factor in the equipment supply chain. Interview wit"Richard Wilding"on supply chain collaboration Equipment companies must have two fundamentals in place of operational control of service operations on the one hand and equipment intellige ...
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