Articles by imageurl

Saudi Arabia building another huge water park in Qiddiya City
Published on: 09 May, 2024
Saudi Arabia’s sovereign wealth fund has announced the construction of a second major water theme park for Qiddiya City to the south west of Riyadh
Austrian bank drops plans to buy Russian-owned stake in Strabag amid US pressure
Published on: 09 May, 2024
Austrian-based Raiffeisen Bank International (RBI) has dropped a plan to buy a €1.5 billion (US$1.6 billion) stake in Austrian construction group Strabag from Russian shareholders, reportedly amid pressure from the US
Friday round-up: Oshkosh buys Ausa | Collapsed bridge - new design | CEO changes
Published on: 08 May, 2024
Welcome to another edition of Construction Briefing’s Friday round-up where you bring some of the biggest stories you might have missed from the past week
BMW starts construction of €800m high-voltage battery plant in Mexico
Published on: 08 May, 2024
German car manufacturer BMW has started construction of an €800 million (US$859 million) high-voltage battery assembly plant
UK project difficulties hit Skanska’s Q1 construction profit
Published on: 08 May, 2024
Skanska has blamed an SEK 370 million (US$34 million) charge arising from problems on a UK project for a 33% fall in operating profit in its construction business in Q1 2024
Vinci appoints new chief operating officer as CEO begins succession plan
Published on: 07 May, 2024
Vinci has appointed Pierre Anjolras as the new chief operating officer of the French construction and concessions giant
Stantec acquires UK-based engineering design rival Hydrock
Published on: 03 May, 2024
Canadian engineering firm Stantec has bought its UK-based engineering design rival Hydrock, in a move that it said would strengthen its UK offering
Egis buys UK-based construction cost and project management company
Published on: 03 May, 2024
Global architectural, advisory, consulting and construction engineering company Egis has acquired UK-based cost and project management consultancy Thomas & Adamson
Better weather and higher levels of awarded projects drive Granite’s Q1 revenue up
Published on: 03 May, 2024
US-based Granite recorded a year-on-year increase in revenue in its construction operations of 18% in Q1 2024, helped by better weather and a higher level of committed and awarded projects
Webuild proposes new design for reconstruction of Baltimore’s collapsed Francis Scott Key bridge
Published on: 03 May, 2024
Italian construction group Webuild and its US subsidiary Lane have presented the design for a new cable-stayed bridge to replace the collapsed Francis Scott Key bridge in Baltimore, USA.
Construction firm to pay $99,000 to settle sex discrimination suit
Published on: 02 May, 2024
An Ohio-based construction company has agreed to pay $99,000 to settle a claims of sex discrimination and retaliation in a lawsuit filed by the US Equal Employment Opportunity Commission (EEOC)
Friday round-up: Tallest towers | World’s biggest airport build | ‘Brutal’ skills shortage
Published on: 02 May, 2024
Welcome to another edition of Construction Briefing’s Friday round-up where you bring some of the biggest stories you might have missed from the past week
US construction demand still growing despite worker shortage
Published on: 01 May, 2024
US construction employment rose in 65% of 358 different metro areas between March 2023 and March 2024, as demand construction demand continued to grow despite a shortage of workers.
US contractor awarded $63m deal to build maintenance hangar for B-21 bombers
Published on: 01 May, 2024
US-based contractor and engineering firm Conti Federal Services has won a $63 million base contract to build a maintenance hangar for B-21 bombers.
Rail Baltica to set out opportunities for contractors on €5.8bn project
Published on: 01 May, 2024
Rail Baltica is to set out opportunities for contractors and other suppliers on the €5.8 billion (US$6.2 billion) project to link the Baltic states into the European rail network in 2024.
Why you should start treating AI like a new colleague
Published on: 01 May, 2024
Artificial intelligence (AI) isn’t going away and construction professionals need to embrace it and start working with it as if it were a new colleague.
Thailand’s PM mulls construction of world’s tallest building
Published on: 30 April, 2024
The Prime Minister of Thailand has held preliminary discussions with a consortium of investors about building what could be the world’s tallest building.
Dubai starts construction of world’s largest airport
Published on: 30 April, 2024
Dubai has started construction of a $35 billion airport terminal for Al Maktoum International Airport, which will make it the largest airport in the world.
Future of construction machinery: Electric actuators vs. hydraulic
Published on: 30 April, 2024
Can electric actuators prove to be a credible alternative to hydraulic in construction machinery?
Chicago Bears reveal plans for $4.2 billion new stadium
Published on: 29 April, 2024
The NFL’s Chicago Bears have revealed plans for a new stadium that could see $4.2 billion of direct capital investment in what they claimed would be one of the region’s biggest-ever construction projects.
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