All Construction Articles

Vinci consortium wins € 1 billion Russian toll road
New 43 km link between Moscow city centre and airport will ease congestion on existing routes.
Kaeser figurehead dies at 95
Dipl.-Ing. Carl Kaeser, senior director of compressor manufacturer Kaeser Kompressoren, died on 8 July shortly after his 95th birthday.
CSCEC sets IPO record
State-owned construction company raises US$ 7.34 billion from selling 40% of its shares.
TENs coordinators' mandates renewed
The Commission has extended the roles of the TENs coordinators for another four years.
First quarter loss for Hitachi
Hitachi Construction Machinery reported first quarter sales to June 30 of JPY 132 billion (US$ 1.3 billion), down -43% on the JPY 233 billion (US$ 2.4 billion) recorded 12 months ago.
Skanska profits up in second quarter
Skanska reported a second quarter operating profit of SEK 1,1 billion (€ 110 million), up +8,7% on the SEK 1 billion (€ 102 million) recorded 12 months ago.
Quick fix: New developments in the European attachments sector
A wave of new construction equipment attachments were exhibited at Intermat this year. Becca Wilkins reports on the latest products and technologies helping to shape the future of this specialist sector.
Terex sales more than halve
Terex Corporation reported second quarter sales of US$ 1.3 billion, down -55% on the US$ 2.9 billion recorded for the same period last year.
CNH sales and profits slump
CNH reported second quarter sales of US$ 547 million for its construction equipment division, down -62% on sales of US$ 1.4 billion 12 months previously.
Melbourne ring road upgrade
The Tulla Sydney Alliance has won the contract for an 8.4 km section of the AU$ 2.25 billion (US$ 1.8 billion) upgrade of the M80 Melbourne ring road, Australia.
McCullough to head CNH construction
Individual brands will be maintained, but internal management merged into one organisation in CNH internal shake-up.
Cat back in profit
Profits bounce back from first quarter loss, despite a -41% drop in revenues.
Volvo CE sales drop –45%
Volvo Construction Equipment's sales for the second quarter of 2009 were -45% lower than for the same period last year leading to an operating loss of -SEK 1,26 billion (€ 116 million).
JCB – another tough 12 months
JCB expects the current weakness in the construction equipment market to continue for another year. The company's CEO, Mathew Taylor, has also been critical of the slow speed in which stimulus packages have been put into action in developed countries.
Snamprogetti offices in Milan searched
The Snamprogetti offices in Milan, Italy, were searched by authorities last Friday over on-going investigations into the bribery of Nigerian officials by the TSKJ consortium between 1994 and 2004.
AMEC acquisition
AMEC is to acquire Australian engineering and development company GRD for UK£ 52 million (US$ 85 million) in cash.
Leighton wins AU$ 410 million sewage project in Hong Kong
Leighton Asia subsidiary, in a joint venture with Norway's Leonhard Nilsen & Sonner (LNS) has been awarded an AU$ 410 million (US$ 334 million) contract by the Hong Kong Drainage Services Department for the construction of a sewage conveyance system from Aberdeen to Sai Ying Pun on Hong Kong Island.
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