Skip to main content

Case on the case in Iceland with its 695ST backhoe loader

Gröfuþjónusta Steins, a contractor in southern Iceland, has taken delivery of a CASE 695ST backhoe loader from newly appointed sub-dealer Vélaborg Vörumeðhöndlu. Gröfuþjónusta Steins, based in Selfoss, a town on the banks of the Ölfusá river, is involved in a range of projects, including highway construction projects and the installation of fibre optic cables, telecommunications wiring and utility pipes for heating and water. It also provides specific services including snow clearing services. The company,
March 21, 2016 Read time: 2 mins
CASE 695ST backhoe loader, from sub-dealer Vélaborg Vörumeðhöndlu
Gröfuþjónusta Steins, a contractor in southern Iceland, has taken delivery of a 176 CASE 695ST backhoe loader from newly appointed sub-dealer Vélaborg Vörumeðhöndlu.

Gröfuþjónusta Steins, based in Selfoss, a town on the banks of the Ölfusá river, is involved in a range of projects, including highway construction projects and the installation of fibre optic cables, telecommunications wiring and utility pipes for heating and water. It also provides specific services including snow clearing services. The company, whose fleet includes a 695SR backhoe loader purchased in 2007, is a long-standing CASE customer.

The deal was done in collaboration with Danish dealer S.D. Kjærsgaard.

The two companies have an agreement which gives Vélaborg Vörumeðhöndlun direct acess to CASE equipment, service support and parts backup offered by S.D. Kjærsgaard. Under this agreement, Vélaborg Vörumeðhöndlun is now the sole distributor for CASE equipment in Iceland. The distributor will offer after-sales services and complete parts supply to the Icelandic customers.

“After several difficult years Iceland is finally gaining momentum and it is the right time to put in place an official local representative for CASE,” said Barbara Caporali, Business Director 1595 CNH Industrial Nordic, Benelux and Central and Eastern Europe. “Vélaborg Vörumeðhöndlun has a strong background in the country’s construction industry and will be able to further strengthen our presence.”

Since the failure of its banking system in 2008, Iceland has faced several major challenges, most notably the resulting economic failure, one of the worst ever experienced by any country in economic history, plus the eruptions of the Eyjafjallajökull volcano which caused enormous disruption to air travel across Europe in April 2010.

The country’s construction sector was severely hit by the economic crisis. Basically no new equipment was purchased during the past six years as construction businesses were looking for used equipment from abroad or trying to maintain their ageing fleets.

Vélaborg Vörumeðhöndlun, based in Reykjavik, provides services and imported equipment for various sectors, including the construction industry.

For more information on companies in this article

Related Content

  • Brazil’s booming economy fuels infrastructure demand
    July 18, 2012
    The emergence of Brazil as a major economic force and its need to improve infrastructure is proving a magnet for investment. Patrick Smith reports Brazil is now the sixth biggest economy in the world according to its Finance Minister Guido Mantega. The largest country in South America with a population of 190 million and one of the BRICS, (Brazil, Russia, India, China, South Africa, Brazil’s economy grew 2.7% in 2011 and is now worth $2.5 trillion, having overtaken the UK. With big oil and gas reserves stil
  • Brazil’s booming economy fuels infrastructure demand
    July 18, 2012
    The emergence of Brazil as a major economic force and its need to improve infrastructure is proving a magnet for investment. Patrick Smith reports Brazil is now the sixth biggest economy in the world according to its Finance Minister Guido Mantega. The largest country in South America with a population of 190 million and one of the BRICS, (Brazil, Russia, India, China, South Africa, Brazil’s economy grew 2.7% in 2011 and is now worth $2.5 trillion, having overtaken the UK. With big oil and gas reserves stil
  • Freedonia Group study: Global construction machinery sales to US$189bn by 2017
    August 5, 2013
    Global demand for construction machinery is expected to rise 6% a year to $189 billion in 2017, according to a new study by US-based industry market research firm The Freedonia Group. The expansion will be fuelled primarily by growth in the Asia/Pacific region, particularly China, where the market will climb at a double-digit annual rate as construction spending, especially on infrastructure projects, continues to increase.
  • Utility machines with cutting edge design and efficiency
    May 29, 2013
    Utility machines with standout efficiency and cutting-edge cab design have come onto the market during the first few months of 2013. Guy Woodford looks at some of them. Case Construction Equipment and New Holland Construction have brought out what they claim are the market’s first Tier 4 Final emissions standard midi-excavators. The CX75C SR and CX80C models from Case are said to offer more performance power and greater operator cabin comfort than previous models. Tier 4 Final standards are said to have bee