Articles by Becca Durrant

IDB announces two-year Haiti funding package
Published on: 01 April, 2010
The Inter-American Development Bank (IDB) will provide US$ 400 million in new grants over the next two years to help Haiti in its national recovery plan following the January 12 earthquake.
Wacker Neuson makes net loss
Published on: 26 March, 2010
Wacker Neuson recorded a € 110 million net loss for 2009 compared to the € 37 million annual profit recorded in 2008. The loss would have totalled € 2,9 million but for two, one-off payments of € 9,6 million for HR related restructuring costs and € 100 million in non-cash write-downs, mainly on goodwill attributable to the Neuson Kramer subgroup.
Volvo to open new BRIC technology centre
Published on: 23 March, 2010
Volvo plans to build a US$ 40 million design and technology centre to focus on developing products and components especially for the BRIC markets.
Lend Lease US appoints new CEO
Published on: 22 March, 2010
Lend Lease has appointed Robert McNamara as CEO for its business in the US, reaffirming its "commitment to growth in this region."
Civil damage claims served in Austrian cartel case
Published on: 16 March, 2010
Civil damage claims totalling € 108 million have been filed against leading elevator and escalator companies in Austria following the fines already imposed on them by the Austrian Cartel Court in 2007.
HCC to acquire stake in Karl Steiner
Published on: 15 March, 2010
Hindustan Construction Company (HCC) is to acquire a controlling stake in Karl Steiner - a Swiss contractor that specialises in the development of new buildings and refurbishments.
Contract finalised for Heathrow's T2
Published on: 15 March, 2010
HETCo, a joint venture between Ferrovial Agroman and Laing O'Rourke has signed a UK£ 800 million (€ 877 million) deal with BAA to head up construction of the new Terminal 2 at London's Heathrow Airport.
Leighton Asia wins rail link contract
Published on: 11 March, 2010
Hong Kong's MTR Corporation (Mass Transit Railway Corporation) has awarded an AU$ 463 million (US$ 423 million) contract to Leighton Asia to construct the Tse Uk Tsuen to Shek Yam section of the Guangzhou - Shenzhen - Hong Kong Express Rail Link (XRL).
Parsons Brinckerhoff reaches milestone
Published on: 11 March, 2010
New York, US-based engineering company Parsons Brinckerhoff (PB) is celebrating its 125th birthday.
Acciona wins Mexican wind-park project
Published on: 11 March, 2010
Acciona Energy has won a € 450 million contract for the construction and operation of three wind parks totalling 306 MW in Oaxaca State, Mexico.
Design revealed for new International Criminal Court HQ
Published on: 09 March, 2010
The design for the new International Criminal Court (ICC) headquarters in The Hague has been revealed by Scandinavian architect, schmidt hammer lassen (SHL).
Australian construction industry continues to improve
Published on: 05 March, 2010
The Australian construction industry expanded for a second consecutive month in February albeit at a slower rate compared to January, according to the latest Australian Industry Group/Housing Industry Association Performance of Construction Index.
Lend Lease formalises harbour-front contract
Published on: 05 March, 2010
Lend Lease has signed an agreement with the Barangaroo Delivery Authority to develop Stage 1 of the AU$ 6 billion (US$ 5 billion) Barangaroo mixed-use harbour-front site in Sydney, Australia.
Positive performance from Balfour Beatty
Published on: 04 March, 2010
Balfour Beatty reported a strong performance for the full year 2009 with pre-tax profits up +7 % to UK£ 267 million (€ 295 million) compared to the UK£ 249 million (€ 275 million) recorded in 2008. Group sales were up by +8 % to UK£ 8,9 billion (€ 9,9 billion) compared to the UK£ 8,3 billion (€ 9,1 billion) reached last year.
Mixed outlook for Holcim
Published on: 03 March, 2010
Holcim reported sales of CHF 21,1 billion (€ 14,4 billion) for 2009, a - 16% decline compared to the CHF 25,2 billion (€ 17 billion) recorded at the end of 2008. Operating profits were CHF 4,6 billion (€ 3,2 billion) in 2009, a -13,2 % fall compared to the CHF 5,3 billion (€ 3,6 billion) the previous year.
Work begins on US road
Published on: 02 March, 2010
Construction has officially started on the US$ 247 million Interstate 15 (I-15) South Design-Build Project in Nevada, US.
Piling starts at Louvre Abu Dhabi
Published on: 02 March, 2010
Piling works have started at the Jean Nouvel-designed Louvre Abu Dhabi on Saadiyat Island, United Arab Emirates (UAE).
Design revealed for new US embassy in London
Published on: 25 February, 2010
The design for the new US embassy in London has been revealed. The building on the south bank of the River Thames in Nine Elms is expected to cost € 369 million (UK£ 324 million).
Gammon wins major road widening contract
Published on: 25 February, 2010
Gammon Construction has won a HK$ 2.4 billion (US$ 309 million) contract to widen sections of the Tolo and Fanling highways in Hong Kong for the (Hong Kong Special Administrative Region) HKSAR Highways Department.
SOM's ECO gateway district to Beijing
Published on: 24 February, 2010
SOM designs an urban model that integrates solutions for energy, water conservation and transit systems in Beijing.
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