![Martin Placek](https://cdn.statcdn.com/static/../CMS/contactperson/ERI2764_1636745867.jpg)
Impact of coronavirus on equipment rental businesses in Europe 2020
European equipment rental market was hit hard by the coronavirus pandemic, reporting a 10.4 percent market decline. According to a 2020 survey, half of representatives of equipment rental companies in Europe reported a decline of up to 50 percent, with 19 percent of them reporting 30 to 50 percent decline in their businesses.
In 2020, the