KHL Group - International Construction

Top Stories

• ‘Early bird’ offer for ICWEF delegates

  Free World Construction report worth € 120 included for a limited time in ICWEF delegate package ...more

• Wacker Neuson remains optimistic despite first quarter fall

  Targets for the year remain unchanged despite slowdown in first quarter. Company said customers in Europe remain "reticent" over investment. ...more

• Two sentenced to 10 years following Dubai Waterfront fraud

  A former Nakheel employee and the manager of an investment fund have been sentenced to jail terms and must pay US$ 24 million following a real estate ...more

• Africa needs US$ 93 billion a year to 2020

  African Development Bank estimates continent’s governments, private investment and development loans will be needed to close infrastructure deficit. ...more

• Funds pledged for Mali reconstruction

  Two international development banks pledged finance of up to US$ 665 million to Mali ...more

• Construction disputes taking longer to resolve

  EC Harris report finds legal disputes now taking over a year to resolve, while average dispute value drops slightly ...more

• Impregilo in US$ 2.2 billion Doha contract win

  Italian contractor leads consortium that will build new metro line in Qatari capital ...more

• Europe’s construction output sinks again

  After registering slight increases in February, March’s construction output reverts back to falling trend ...more

• Plantworx breaks 10,000 barrier

  Visitor levels to inaugural exhibitions meet expectations, despite poor weather conditions ...more

• Volvo opens Russian factory

  Doors open on US$ 52 million new excavator plant in Kaluga ...more

• John Deere downgrades 2013 forecast

  Outlook revised after weak start to 2013 in equipment manufacturer’s construction and forestry division continues ...more

• Lafarge in capital raise for Indian growth

  Agreement for US$ 257 million investment in exchange for 14% stake in Indian subsidiary will fuel cement producer’s growth plans ...more

• Green light for Chilean wind farm

  US$ 685 million project to develop three wind parks expected to generate 310 MW ...more

• Appeal court overturns Metso patent infringement ruling

  2011 ruling that Powerscreen, Terex and two US dealers had breached Metso's patent protection of mobile screening equipment thrown out ...more

• GCC projects to top US$ 1.35 trillion

  Construction projects in the Gulf Co-operation Council expected to grow by +73% in 2013, according to new data ...more

• Investigation launched after Mayan pyramids demolished

  Contractor destroys one of Belize's largest and most famous Mayan pyramids – a monument at least 2,300 years old – to extract crushed rock for road-bu ...more

• Fluor reaches Greater Gabbard settlement

  Contractor says all outstanding claims related to the construction of UK offshore wind farm project have been resolved ...more

• New World Bank funds for India projects

  Financing of US$ 318 million for road improvement project and low income housing development support ...more

• Mongolia awards new airport contract

  Mitsubishi and Chiyoda are to work together to construct the New Ulaanbaatar International Airport in Mongolia. ...more

• Weak construction weighs on Balfour Beatty

  Contractor expects first half will be impacted by profit shortfall in UK construction, but optimistic for second half ...more

• Former Canadian mayor charged with corruption

  Former mayor of Laval, Gilles Vaillancourt, is one of 37 arrested over charges of construction-linked fraud and ties to organised crime ...more

• A-Plant places £27 million order with JCB

  Manufacturer to supply over 800 machines, including mini excavators and telescopic handlers, to UK rental company ...more

• One World Trade Center reaches full height

  Final section of steel spire is lifted into position, making One World Trade Center the tallest building in the US ...more

• Emcor in UK exit

  US-headquartered contractor pulls out of UK construction market amid strategic refocus ...more

• Revenues jump at Kubota

  Japan-based equipment manufacturer bullish on 2014 prospects after reporting strong results for the fiscal year to 31 March, 2013 ...more

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