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Fines reduced for Impregilo
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As part of an investigation into waste disposal contracts a Naples court has filed a new order against Impregilo and its subsidiaries Fibe and Fisia Italimpianti, reducing the amount seized from the companies by approximately € 500 million.
Votorantim to take interest in Cimpor
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Brazil’s Votorantim Cimentos has agreed a stock swap with Lafarge that will see it take a 17.28% stake in Cimpor.
One World Trade Center reaches 20th floor
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The Port Authority of New York has confirmed that steel works for One World Trade Center have reached the 20th storey and the tower now stands 61 m above ground level.
Brazil's Ecorodovias plans IPO
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Brazil’s Ecorodovias Infraestructura e Logistica is planning an initial public offering (IPO) on the country’s Bovespa stock exchange.
Vinci and Qatari Diar deal signed
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Following completion of the consultation process involving Vinci’s and Cegelec’s employee representative bodies, Qatari Diar and Vinci have signed a binding agreement involving the transfer of 100% of Cegelec’s share capital to Vinci.
Brazil's Belo Monte dam given environmental licence
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Controversial Belo Monte dam given environmental licence paving the way for the start of the tendering process.
Atlas Copco still weathering the storm
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Atlas Copco's Construction and Mining Technique (CMT) division reported total sales of SEK 26 billion (€ 2,5 billion) for 2009, a - 18% decline compared to the SEK 32 billion (€ 3,13 billion) recorded at the end of 2008.
America’s Horton back in profit
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American house builder D. R. Horton has reported first quarter sales to 31 December 2009 of US$ 1.1 billion, up +23%
Sandvik sees sales and profits drop
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Sandvik Mining and Construction reported 2009 sales of SEK 32,6 billion (€ 3,2 billion)
Global cement demand to reach 3.5 billion tonnes in 2013
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Global cement demand is forecast to rise +4.1% per year to 3.5 billion tonnes, or US$ 246 billion, in 2013, according to a new report.
Revenues dip but order book strengthens at Vinci
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Vinci reported 2009 full year sales of € 31,9 billion, down -4,6% on its 2008 revenues of € 33,4 billion.
New bridge for Nijmegen
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NeyPoulissen Architects & Engineers has won the competition to design and construct the new De Oversteek bridge in Nijmegen, the Netherlands.
Strabag wins Polish motorway contract
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Strabag has won a € 260 million contract to build a 36,5 km long section of the S7 Expressway between Kalsk and Milomlyn in Poland.
JCB and Volvo agree joint venture on skid steers
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JCB and Volvo Construction Equipment have signed a deal under which they will co-operate on the design and manufacturing of skid steer loaders and compact tracked loaders for distribution globally under the two brands.
Contractors quizzed in Ozawa funding scandal
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Executives of three contractors linked to a dam project in Iwate Prefecture in Japan have been questioned by prosecutors
Camargo withdraws from Cimpor merger
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Brazil’s Camargo Corrêa has withdrawn its proposal to merge with Portugal’s Cimpor.
US to invest US$ 8 billion in high speed rail
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The US government has committed US$ 8 billion from the American Recovery and Reinvestment Act for the development of high speed rail in the US.
Halcrow wins in Poland
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A Halcrow, BRL Ingénierie, Scott Wilson consortium has won the contract to improve the flow capacity of the River Odra through the city of Wroclaw in Poland as well as provide additional flood defences along the river.
New tracked loader from Cat
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Caterpillar has introduced the 973D tracked loader featuring load-sensing hydraulics, joystick steering, a new operator's station (with tilting cab) and + 10 % more power than its 973C predecessor.
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