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Rentco plans growth

29th September 1988
Page 12
Page 12, 29th September 1988 — Rentco plans growth
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Which of the following most accurately describes the problem?

• Growth projections for 1988 by Rentco International, the European trailer rental firm have been underestimated, according to the chairman Sandy Aranyos.

The company is to invest about £20 million in new additions to its trailer fleet. Originally Rentco planned to add an extra 1,250 trailers, but the increase in the contract-hire business has meant the figure is set to exceed 1,400.

In 1989 the company proposes to open seven new branches in the UK, France, Belgium and Holland.

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