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CONSTRUCTION NEWS

Europe’s construction output sinks again

After registering slight increases in February, March’s construction output reverts back to falling trend...
Plantworx breaks 10,000 barrier

Visitor levels to inaugural exhibitions meet expectations, despite poor weather conditions...
Volvo opens Russian factory

Doors open on US$ 52 million new excavator plant in Kaluga...
John Deere downgrades 2013 forecast

Outlook revised after weak start to 2013 in equipment manufacturer’s construction and forestry division continues...
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...
Green light for Chilean wind farm

US$ 685 million project to develop three wind parks expected to generate 310 MW...
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...
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...
Government speakers for Balkans conference

Ministerial updates from Balkans promised at Vienna event at end of this month...
Bilfinger positive despite slow start

German contractor Bilfinger reported declines across the board with its first quarter results....
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-building project...
Weak start for Bam

Longer than usual winter dragged seasonally weak first quarter results further down, but improvements expected...
Harsh winter impacts Italcementi results

Weather conditions and continued subdued output of European construction sector dampen first quarter results of Italian cement producer...
Domestic declines hit Acciona

Spanish contractor has felt the impact of its domestic market’s slowdown with infrastructure revenues down 16.9% for the first quarter of 2013....
Fluor reaches Greater Gabbard settlement

Contractor says all outstanding claims related to the construction of UK offshore wind farm project have been resolved...
New World Bank funds for India projects

Financing of US$ 318 million for road improvement project and low income housing development support...
Mongolia awards new airport contract

Mitsubishi and Chiyoda are to work together to construct the New Ulaanbaatar International Airport in Mongolia....
EIB funds Poland power plant

The European Investment Bank (EIB) is to provide PLN566 million (€140 million) in financing to Poland’s Elektrocieplownia Stalowa Wola...
Weak construction weighs on Balfour Beatty

Contractor expects first half will be impacted by profit shortfall in UK construction, but optimistic for second half...
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...
A-Plant places £27 million order with JCB

Manufacturer to supply over 800 machines, including mini excavators and telescopic handlers, to UK rental company...
Construction Europe podcast May 2013 (audio)

The latest Construction Europe podcast, introduced by Sandy Guthrie, editor, and Helen Wright, deputy editor, is available for download...
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...
Hanix Europe moves HQ to London area

Hanix maoves its European headquarters from Manchester, UK, down to London....
Emcor in UK exit

US-headquartered contractor pulls out of UK construction market amid strategic refocus...
Revenues jump at Kubota

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

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BUSINESS NEWS

ERA uprates UK rental growth while Eurozone slows

The European Rental Association has revised upwards its 2013 growth rates for the UK, but rental markets in France and Germany have seen downward revisions....
Europe’s construction output sinks again
John Deere downgrades 2013 forecast
European Rental Association elects new board

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KHL Group - Construction

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The Yellow Table 2013

SPECIAL REPORT