Ritchie Bros’ Chinese landmark

Ritchie Bros Auctioneers has held its first-ever unreserved public auction in China. Over 500 bidders registered to bid on equipment at the one-day, multi-million RMB auction and over 1,000 people attended the auction in person to see the global marketplace in action. The auction featured a selection of more than 155 unused and used heavy equipment items and trucks, including more than 25 hydraulic excavators and 20 wheeled loaders. After many years of working with the Beijing Tianzhu Free Trade Zone Manage
May 29, 2013 Read time: 1 min
318 Ritchie Bros Auctioneers has held its first-ever unreserved public auction in China.

Over 500 bidders registered to bid on equipment at the one-day, multi-million RMB auction and over 1,000 people attended the auction in person to see the global marketplace in action.

The auction featured a selection of more than 155 unused and used heavy equipment items and trucks, including more than 25 hydraulic excavators and 20 wheeled loaders.

After many years of working with the Beijing Tianzhu Free Trade Zone Management Committee, Beijing Customs, and Beijing Entry-Exit Inspection and Quarantine Bureau, Ritchie Bros has established a regulated channel for equipment exchange in China and export out of China through the Tianzhu Free Trade Zone.

Related Content

  • Vital structures
    February 10, 2012
    A wide variety of products are available to help bridge owners reduce the need for costly repairs. Bridges are one of the most expensive structures on a highway system, and their maintenance, and where necessary, repair will save millions over time. Prevention being better than cure means that anything that can be done to reduce the need for repair is a good investment. For example, a MOOG bucket-type inspection unit has been commissioned for the Naini Bridge in Allahabad in the state of Uttar Pradesh, Indi
    Read More
  • Volvo lines up its SDLG brand for greater global export sales
    January 6, 2017
    Volvo’s Chinese manufacturing subsidiary SDLG is making inroads into the export market and could be destined to play a much more important role in the Swedish group’s global strategy. “As we grow our export strategy there is an opportunity for SDLG to become an increasingly larger piece of our total revenue,” said Martin Weissburg, president of Volvo Construction Equipment.
    Read More
  • Volvo lines up its SDLG brand for greater global export sales
    April 22, 2015
    Volvo’s Chinese manufacturing subsidiary SDLG is making inroads into the export market and could be destined to play a much more important role in the Swedish group’s global strategy. “As we grow our export strategy there is an opportunity for SDLG to become an increasingly larger piece of our total revenue,” said Martin Weissburg, president of Volvo Construction Equipment.
    Read More
  • Volvo CE opens Chinese technology facility
    March 20, 2014
    Volvo Construction Equipment has carried out the official opening for its new technology centre in Jinan, China. The 50,000m2 facility is located in China’s Shangdong Province, China and will focus on developing products and components for customers in emerging markets. The centre combines design offices with workshops and facilities for testing both complete machines and components. Currently there are more than 150 employees working at the facility, the majority of which are local engineers, but employee
    Read More

Highlighted Content