Successful sale

Euro Auction continues its record sales with the highest ever hammer price for a sale at its German facility in Dormagen.
March 1, 2012 Read time: 1 min
214 Euro Auctions continues its record sales with the highest ever hammer price for a sale at its German facility in Dormagen. The event was run on the 15th and 16th September sale and shows a continued gain in interest in Germany for used equipment, with registrations continuing to increase sale on sale by approximately 15%. The firm says that around 30% of the lots sold will remain in Germany, although buyers from 44 countries participated in the sale from as far afield as South Africa, Syria, Yemen, Israel, Afghanistan, Indonesia and Australia. German buyers bought more items than any other country and first time registrations from buyers were highest from Germany, while most sellers were also from Germany. More buyers were resisted from Germany and of all first time registered buyers that bought at this sale, the highest number were German. The registered bidders included an ever growing number of dealer representatives, with most from Germany. Online sales were strong with over 29% of buyers purchasing online, with internet bidders targeting excavators weighing over 20tonnes, wheeled excavators, telehandlers, mini excavators and backhoe loaders. The top online buying countries were: Germany, Netherlands, Belgium, United Kingdom and Poland.
Finance & Funding

For more information on companies in this article

Related Content

  • Strong performance for upcoming bauma China event
    December 14, 2012
    The organisers of bauma China have every right to feel pleased with their work - Mike Woof reports As the bauma China 2012 exhibition closed its doors, the organisers were likely congratulating themselves over a highly successful event. Anyone walking the aisles at this exhibition cannot fail to have noticed the huge numbers of visitors, with early figures saying that 180,000 people visited the show. This was a notable 16% increase over the 155,615 visiting this exhibition in 2010. Despite the slowdown in t
    Read More
  • LiuGong unveils its 'top ten' target
    February 6, 2012
    LiuGong Machinery Corporation has unveiled and discussed a bold five-year strategy, which directs the company towards breaking into the top ten construction equipment brands globally. The Chinese company, which set a company record in wheel loader sales in 2009, achieved another major milestone, saying it has built and sold its 200,000th wheel loader. To celebrate the milestones it hosted a conference and celebration ceremony in Beijing for customers, industry partners and the industry trade, where the stra
    Read More
  • Boom in Asian infrastructure investment
    April 5, 2012
    Investment in China and India continues unabated, but other nations on the continent are eager to attract companies as Patrick Smith reports Asia is still booming despite the current economic crisis, and new infrastructure programmes are constantly coming on stream. Powerhouses China and India, with their double-digit growth figures and huge infrastructure plans (in scope and cost), are leading the way and are still magnets for businesses wishing to expand, both in terms of facilities and customers. But oth
    Read More
  • Fast flyover removal with specialist demolition equipment
    July 12, 2012
    An overcrowded Indian flyover was removed in record time using specialist demolition equipment, as Patrick Smith reports Demolition of the landmark Lalbaug flyover south of central Mumbai has been completed and work on a new bigger bridge has started in India's largest city. Although the 38-year-old Sant Dnyaneshwar (Lalbaug flyover) two-lane, one-way traffic artery was serviceable and used by to 15,000 vehicles/hour, there were daily traffic jams and environmental consequences. Despite the complex and dema
    Read More

Highlighted Content