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CONSTRUCTION NEWS

Insolvency for Alpine

FCC-owned Austrian Contractor goes into voluntary insolvency in the Austrian courts...
Germany approves €8 billion flood repair package

Federal and state governments agree on financial aid to help rebuild...
Polish infrastructure under scrutiny

Letter from ambassadors to Poland’s Deputy Prime Minister highlights problems with dealing with Polish Contracting Agencies...
Falling construction output continues across Europe

Eurostat data shows 5.9% year-on-year decline in April, fuelled by large falls in Poland, Portugal, Slovenia and Spain...
No rise in the UK

Construction output between February and April 4.7% down on the same period last year, according to ONS figures...
Bridge links Bulgaria and Romania

€275 million bridge built by FCC opens to traffic at end of six-year project...
Votorantim suspends US$4 billion+ IPO

Spin-off of Brazil’s largest cement producer is reported to have been cancelled after concerns about pricing, regulatory and market conditions...
CE Barometer June 2013: Still no direction

As was the case in May, results of the June CE Barometer survey showed a fine balance between positive and negative sentiment for the European construction market....
CoST needs US$ 20 million over next three years

Global anti-corruption initiative seeks further international support to help it expand into 22 countries...
Carillion wins Oman Convention Centre contract

Carillion Alawi has been awarded a UK£ 130 million contract to work on the construction of the new Oman Convention and Exhibition Centre....
YIT board approves partial demerger

Final approval has been given for the partial demerger of Finnish contractor YIT, separating off its Building Services group, which will be transferred to new company Cav...
Terex lowers profit forecast on softening demand

Terex says no evidence of protracted slowdown, but demand softening at its Construction, Material Handling & Port Solutions (MHPS) and Cranes divisions....
Salini Impregilo buys into projects

Maire Tecnimont to sell stakes in two infrastructure and civil engineering projects in Denmark and Italy...
Global anti-corruption initiative lacks funds

Industry leaders urge governments to approve further financial support for Construction Sector Transparency (CoST) initiative during G8 summit...
Lend Lease restructures amid tough markets

Contractor to consolidate its Australian businesses, warns of reduced construction earnings from Australia and EMEA...
Saipem expects full-year loss

Italian contractor revises outlook amid commercial difficulties in Algeria, where corruption investigation is underway...
Editor's Comment: The need for efficiency is changing machine design

The combination of a diesel engine and high-pressure hydraulics has been at the heart of excavator design for decades. Is that set to change?...
World Bank bans Australian engineer for fraud

GHD and two of its subsidiaries are debarred from working on World Bank-financed projects for one year...
Poland invests in road network

Poland is expected to announce up to 50 tenders for road works worth more than €8 billion throughout 2013...
Construction Europe podcast June 2013 (audio)

The latest Construction Europe podcast, introduced by Sandy Guthrie, editor, and Helen Wright, deputy editor, is available for download...
Graeme Macdonald to become JCB CEO

Current CEO Alan Blake to retire at the end of the year, former COO to take the reins...
Bulgaria powers ahead with road construction

Four stretches of motorway planned for completion this summer, with fifth due to be up and running by the end of the year...
Doosan’s new 50 tonners

Two new 50 tonne class tracked excavators have been launched by Doosan...
Two weeks left for ICWEF award entries

June 30 closing date for nine award categories including the prestigious International Construction Project of the Year and International Contractor of the Year categorie...
German flood damage estimated at €12 billion

European Investment Bank “stands ready” to provide over €1 billion in financial support to central European countries help reconstruction...
Porr lands record Doha metro contract

A consortium comprising Porr, SBG and HBK has won the € 1.89 billion (US$ 2.45 billion) contract to build the Green Line of the Doha metro. It is the largest contract in...

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BUSINESS NEWS

Insolvency for Alpine

FCC-owned Austrian Contractor goes into voluntary insolvency in the Austrian courts...
Germany approves €8 billion flood repair package
No rise in the UK
Falling construction output continues across Europe

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The Yellow Table 2013

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