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Booming demand for industrial equipment

On Swedish psauction.com

Since 1958, PS Auction has been a prominent player in the circular economy, having successfully sold over one million second-hand items, primarily in Sweden. The demand for our products from abroad, particularly in Europe, has significantly increased recently, attributed to a favorable currency exchange rate that results in an approximate 15% overall discount. Countries such as Estonia and Poland have also taken notice of this trend.

The rise in inflation has further boosted the popularity of second-hand products over new purchases, adding to the already strong demand. PS Auction has been actively engaged in international trade and exports from the very beginning and has seen a substantial increase in volume, particularly in the sectors of Industry, Construction, and Heavy Vehicles.

During 2022, we successfully auctioned over 100,000 items across a broad range of industries. The increase in bankruptcies has also created opportunities for other companies to establish new businesses by purchasing second-hand items through our auctions.

David Benisty
CMO Marknad & Kommunikation
david@ps.se
+46771101100

2/22/2023 - Industritorget

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43153 Mölndal

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43153 Mölndal

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Västra Götalands county
Sweden

Organization id:
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Founded: 2002
Employees: 55

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Since 1958, PS Auction has facilitated the reuse of inventory, machinery, and heavy vehicles, enabling more companies to buy and sell sustainably while freeing up tied capital. PS Auction is one of Sweden's leading auction platforms, extending the lifespan of over 100,000 items annually.

Since 2022, the company has been part of the European auction group TBAuctions. As a whole, the group processes 2.9 million items annually, has 30 million website visits per month, and employs just over 900 people. The group also includes Troostwijk (EU), Klaravik (SE/DK), Vavato (BE), Auksjonen (NO), BMA (UK), DAB (DK), and Surplex (EU).

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