All Construction Articles
Japan's three largest construction equipment manufacturers expect sales to fall more than -20% this fiscal year. Operating profits are expected to halve again.
Hochtief Construction has signed the biggest order in its history for the construction of the 8 km long Barwa Commercial Avenue scheme in Doha, Qatar.
Revenues were down -15% for the year ending March 31 and a bigger fall is expected this year.
Maryvonne Lanoë, the director of the Intermat Exhibition, says she hopes the show will attract 200000 visitors.
Vögele has launched its Spray Jet module, a unit that can be added to its standard pavers for laying thin asphalt layers.
Caterpillar had a net loss of US$ 122 million for the first quarter of the year, due charges of US$ 558 million relating to job cuts.
Terex had a net loss of US $ 75 million for the first quarter of 2009, compared to a net profit of US$ 163 million for the first quarter of 2008. Sales were US$ 1.30 billion, a decrease of -45% from US$ 2.36 billion in the first quarter of 2008.
Shantui is developing a 100 hp (75 KW) hydrostatic drive dozer for the European market to complement its Stage IIIA compliant 120 kW SD16.
The value of construction in Romania increased by +34% nominally (+26% in real terms), to RON 83 billion (€ 22.5 billion) according to the latest report by research and consulting company PMR.
Olof Persson, the president and chief executive of Volvo Construction Equipment says the company is focusing on developing new technologies, despite the difficult market conditions.
The World Bank has approved loans totaling US$ 450 million to finance road and rail projects in central and western China.
The World Bank has approved a KES 26 billion (US$ 328 million) loan to Kenya to complete upgrading the Mau Summit to Kisumu section of the Northern Corridor Road and improve electricity distribution.
Allu has introduced a new fine fragment screening bucket for processing a range of materials such as topsoil, compost, peat, waste soil or demolition waste.
The Serbian government is negotiating a € 200 million loan with the Chinese government to construct a bridge over the Danube River in Belgrade.
Doosan adds a 14 tonne short radius tracked excavator to its range.
The biggest construction equipment show this year, the Intermat exhibition in Paris (20 to 25 April) has started with the first visitors arriving for the opening at 9 am this morning.
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