All Construction Articles
The European Investment Bank (EIB) has inaugurated its new building on a site next to its existing headquarters on the Kirchberg plateau in Luxembourg. The larger premises now allow the bank to accommodate its entire staff on a single campus.
Volvo Construction Equipment (Volvo CE) is well positioned to benefit from the continued strong growth of countries such as Brazil, Russia, India and China, according to the company's president and chief executive, Tony Helsham.
John Deere's engine factory in Saran, France has produced its 2-millionth engine. The milestone unit was a six cylinder, 6,8 litre 6068H destined for New Way, the company's long-standing engine distributor in South Africa.
Doosan has launched the new 8.8 tonne DL160 and the 25.5 tonne DL450 wheeled loaders to its product range.
Bobcat has introduced the new 15H and 30H augers, which like the current range of 10, 15C and 30C models, can be mounted on the company's compact loaders, excavators and telehandlers.
Centrum Pile, the UK-based manufacturer of continuously reinforced pre-cast concrete piles, has reached a major milestone at its factory in Nottinghamshire, UK.
Austrian formwork manufacturer Doka has been awarded the "SOLID-Bautech Prize 2008" for formwork operations during construction of the Burj Dubai, United Arab Emirates (UAE).
Activity in the Australian construction industry fell again in May, the third month the Australian Industry Group - Housing Industry Association Performance of Construction Index (Australian PCI) has fallen.
UK-based Balfour Beatty's US professional and technical services arm, Heery International, has acquired Douglas E Barnhart Inc for US$ 116 million in cash.
The Colombian capital of Bogotá's city council has approved a COP 38.8 trillion (US$ 22.2 billion) development plan, according to local press reports.
Mexico is to cancel 95% of its Plan Puebla-Panamá (PPP) projects to make its integration objective more viable, reports local paper Diario de Xalapa.
United Arab Emirates (UAE) developer Damac Properties has announced plans for a US$ 15 billion development in Iraq's Kurdistan province to start by the end of this year.
Dubai-based Middle East Development is to spearhead a US$ 200 billion project next year to connect Africa to the Arabian Peninsula with a bridge across the Red Sea, according to Reuters.
Strabag has announced plans to fully acquire the concession licence for the 156 km M5 motorway in Hungary. Buying the 75% it does not already own will cost € 257 million.
YIT has agreed to buy MCE's € 355 per year building system service businesses in Austria, the Czech Republic, Germany, Hungary, Poland and Romania. The deal is valued € 55 million, but the businesses' net debt will be deducted from this to arrive at the amount of cash YIT will pay.
Sales of construction equipment in Italy fell by -9,3% in the first quarter of the year, compared to the same period in 2007. The sales volume for the first three months of the year was 5954 machines.
New data from Eurostat shows construction output in Europe was +2,1% higher in the first quarter of 2008, compared to Q1 2007. However, month-to-month and quarter-to-quarter data paints a more mixed picture.
Mexico's transport and communications ministry (SCT) will be inviting bids for a third highway package under the federal road re-concession program Farac, according to a local news report.
A two-phase US$ 128.9 million finance deal has been approved by the Inter-American Development Bank (IDB) for the São Paulo Metro Line four project, according to a news report.
The possibility of constructing a high-speed rail link connecting Abu Dhabi with Dubai is being discussed according to the chairman of the UAE capital's Department of Transport (DoT).