Contact Information:
Terex Cranes Global Marketing
Press & Public Relations
E-mail: info.cranes@terex.com
TEREX, JSC KWINTMADI-LONMADI DISTRIBUTION AGREEMENT, RUSSIA
Zweibruecken, June 1, 2011 – Terex Cranes announced today that it has appointed JSC Kwintmadito distribute its all terrain cranes produced in Germany, and rough terrain cranes produced in Italy and the USA, throughout the European zone of Russia, which is comprised of districts one, two, three and four of the Russian Federation.
“JSC Kwintmadi has gained solid experience in the Russian crane business sector with a well-established sales and services network through 25 branches across European Russia, headquartered in Moscow,” says Max Skillman, CEO. “This new agreement will enable us to further enhance our customer offering with some of the best cranes available in the industry.”
"Russia is a strategic market for Terex Cranes, and this new partnership with the JVM Group and JSC Kwintmadi is an excellent opportunity for us to focus on Russian market prospects," explains Thomas Hartmann, Sales Director, Terex Cranes Zweibruecken. "We are proud that JCS Kwintmadi has taken on our brand. With JSC Kwintmadi's customer intimacy and strong network, Terex Cranes will be able to secure much closer customer relationships in Russia and enhance its service offering rapidly."
About LONMADI - KWINTMADI (JVM Group)
Founded in the early 90’s as suppliers in the CIS market of a wide range of construction, earthmoving and lifting equipment from world-leading manufacturers, JSC Kwintmadi has gained solid experience in the Russian crane business sector, with a well-established sales and services network through 25branches across European Russia, headquartered in Moscow. More information on JSC Kwintmadi-Lonmadi can be found at www.kwintmadi.ru
About Terex
Terex Corporation is a diversified global manufacturer operating in four business segments: Terex Aerial Work Platforms, Terex Construction, Terex Cranes, and Terex Materials Processing. Terex manufactures a broad range of equipment for use in various industries, including the construction, infrastructure, quarrying, mining, shipping, transportation, energy, refining and utility industries. Terex offers a complete line of financial products and services to assist in the acquisition of Terex equipment through Terex Financial Services. More information on Terex can be found at www.terex.com
# # #
From left to right:
Steve Filipov, President, Terex Developing Markets & Strategic Accounts
Max Skillman, Managing Director JVM Equipment Limited
Joe Krider, Terex Vice President Strategic Accounts & Government Affairs
Lina Sokolova, Chairman Kwintmadi
Oliver Küpper, Director Global Buisness Development Terex Cranes Sales
Nikita Domaschenko, Sales & Business Development RUS Terex Cranes
