Construction News
10/06/2011
Auction Portal Anticipates African Growth
Online auction website www.mrmachinery.com is predicting the market for used plant, machinery and equipment will continue to grow across Africa.
New registered users on the portal from Africa in the first quarter of 2011 were a staggering 300% higher than during the same period last year, as the demand for high-quality used machinery continued to increase from construction companies and the oil industry.
“At one of our recent fortnightly reserved auctions, an excavator that had an initial estimated price of around £30,000 was sold to a bidder in Nigeria for a total of £42,000 plus shipping,” Mark Bacon, Managing Director of Mr Machinery revealed. “Nigeria – and Africa as a whole for that matter – has huge growth potential for the used plant and equipment market in the coming months and years, due to an increase in construction projects, and oil exploration in particular.”
-- Advertisement --
As well as the emerging African audience, www.mrmachinery.com, is also proving popular in a number of other international arenas. Earlier this year, the company appointed Territory Managers to cater for the Scandinavian and Middle-Eastern markets – in addition to its ongoing presence in the UK, Ireland, Belgium and Spain – while bidders in some of its most recent online machinery auctions have come as far afield as the USA, Hong Kong and Australia.
Mr Machinery is a dedicated online portal offering a unique platform for the sale and purchase of used plant machinery. Founded in 2007, the organisation has a global audience across more than 70 countries worldwide and currently attracts approximately 60,000 unique users to its every year. With extensive experience within the heavy equipment and logistics industries, the team provides both buyers and sellers a professional, personal and reliable service.
For all enquiries please contact either Keith Richards in the UK Office on +00 44 7808 144012, or via Email at kr@mrmachinery.com or Gary Loughran, Terriotory Manager for Ireland, on +00 353 87 668 2408, or via Email at gl@mrmachinery.com or Skype: mrmachineryireland.
Latest Construction News
02/05/2024
BAM is set to bring a prime retail investment opportunity in Cork City centre to the market at a guide price of €1,730,000.
The property is situated in the heart of Cork on the west side of South Main Street. It is an integral part of the Brewery Quarter Development, featuring a range of ...
02/05/2024
Lagan Group has marked the end of a long-standing contract that outsourced the operation of wastewater treatment facilities at Kinnegar, Holywood in County Down for the past 25 years.
The contract which was undertook through the UK government's Private Finance Initiative (PFI) was awarded back in ...
02/05/2024
SSE Renewables has obtained a fully consented 100MW / 200MWh battery storage project near Dungannon in County Tyrone from Heron Energy.
If delivered, the Derrymeen battery energy storage system (BESS) which has an installed capacity of 100MW / 200MW, would be the largest installed battery storage ...
02/05/2024
Martin & Hamilton has completed upgrade and extension works for the new Border Force Immigration facilities at Belfast International Airport.
The works involved layout amendments spanning two floors, including the relocation of existing Border Force offices and modifications to the Departures ...
02/05/2024
Minister for Communities, Gordon Lyons, has provided an update on the introduction of urgent legislation to address the disparity of legal protection to citizens affected by defective premises.
On 15 April 2024, Mr Lyons announced to Members the proposed legislation that he intends to bring ...
02/05/2024
Alliance has called for a comprehensive strategy to speed up the transition from fossil fuels to a fairer, greener society, powered by renewable energy.
The party's Economy spokesperson, David Honeyford MLA, has identified the need for reform of the planning system as key to the development of ...
02/05/2024
Sinn Féin spokesperson on Finance, Pearse Doherty TD, has condemned the carbon tax hike on home heating fuels, calling it a "blow" to households that are struggling with high energy costs.
The forthcoming tax hike will affect both home heating and gas. In the last three years alone, gas prices ...
02/05/2024
NI Water has been granted a licence to temporarily use Foyle Street Car Park in order to carry out a major wastewater network upgrade in L'Derry this summer.
Now the licence and other agreements is in place, NI Water has been able to appoint a contractor who will mobilise to the car park in the ...
02/05/2024
Uisce Éireann has announced that essential works will be carried out on the water network in Clonakilty on Tuesday 7 May and a water outage will take place.
The critical improvements are underway as part of Uisce Éireann's Leakage Reduction Programme. They will improve the water supply network in ...
02/05/2024
Kildare County Council has published its new Sustainable Drainage Systems (SuDS) guidelines which is set to benefit the built and natural environment.
The Council has begun implementing SuDS design in its Parks projects and is committed to integrating this approach into all future projects. This ...
