27.09.2012 - Spainís boom-era building gear sold as developers cut off
Angel Fernandez used to travel to the Netherlands to buy equipment for Spanish homebuilders when they were powering Europeís third-biggest construction market. Now he watches as buyers come to take diggers, excavators and trucks to countries where they wonít just gather dust. Standing in a sunburned field in Ocana, a 90-minute drive south of Madrid, 41-year-old Fernandez looks on as never-used construction equipment is sold at discounts of as much as 20 percent through Ritchie Bros. Auctioneers Inc...............................................Full Article: Source
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