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

  • The new agile world of the construction equipment industry
    June 22, 2015
    while worldwide for 2015 a crystalball would be helpful, in Europe the sector has already listed specific priorities it wants to tackle, and among these are the upcoming emissions regulations (see separate story), external trade and access to foreign markets, and market surveillance.
  • Construction machine sales strong reports CECE
    March 17, 2016
    The European construction equipment market is performing relatively well in global terms. However striking regional disparities remain, according to the Annual Economic Report for 2016 from the European construction equipment manufacturing association, CECE. Data from the report shows that excluding Russia, the European market for construction machines grew by 3.5% in 2015 and it forecasts a slight increase in business for 2016.
  • Manitou’s ‘new roadmap’ restructure focuses on customer value
    April 29, 2014
    The Manitou Group is to undergo a reorganisation which, the Group says, is part of a ‘new roadmap’ for the future focused on customer value associated with its products and services. The French construction equipment manufacturing group will be organised into three divisions: two product divisions and a service division. The MHA - Material Handling and Access product division will manage the French and Italian production sites manufacturing telehandlers, rough-terrain and industrial forklifts, truck-mounted
  • Volvo lines up its SDLG brand for greater global export sales
    June 8, 2015
    No sooner had senior managers told a roomful of journalists that corporate restructuring is on track, news followed that Volvo Group’s chief executive had been replaced Olof Persson fell from his perch following pressure from shareholders' dissatisfaction over the group’s weak financial performance in recent years. Volvo group plans to appoint Scania’s head Martin Lundstedt to the role staring in October. Until then, Volvo Group’s chief financial officer Jan Gurander will be standing in. Lundstedt and G