All Business & Finance Articles

Jacobs has been awarded a contract to provide structural and civil engineering design for the expansion of Robert Gordon University's campus, UK

Fines almost halved as problems are found with Cartel Office's assumptions.

CEO blames US bondholders and their “unjustifiable claims.”

Large mature countries are more attractive construction markets than fast-growing emerging economies, according to new study.

House building and privately funded non-residential construction to bear the brunt of the decline, with growth in civil engineering.

Kumho Asiana to divest 33% shareholding.

Talks with Dubai Holdings could see the consolidation of four major Dubai real estate companies.

Sandvik Mining and Construction is moving its construction businesses' headquarters to Singapore.

Aldar Laing O’Rourke Plant, a new rental division created by the Aldar-Laigh O’Rourke Joint Venture, has taken delivery of 60 Atlas Copco XA 136 portable compressors for use on the Al Raha Beach project in Abu Dhabi.

GAP Group in the UK has won a three year extension to its current Scottish Water rental contract that was due to expire in November 2009. The new agreement will now see the contract run until 31 March 2012.

The power rental market in sub-Saharan Africa is forecast to grow at a compound annual rate of 9.5% to 2014, according to a recently published report by consultant Frost & Sullivan.

Revenues at the Lavendon Group fell 13% of a constant currency basis for the first five months of the year, with the UK, Belgium, France and Spain performing worst. In UK currency, total sales fell by just 5% for the five months and the company said its resilience against current economic conditions had improved during the period.

A new company has been formed in Texas, US, to provide high reach access services for the wind turbine industry. TGM Wind Services has placed an order for two 90 m Bronto Skylift machines and said a further two 90 m and one 104 m Bronto units could be ordered within the next year.

Aggreko has won a contract to supply 100 MW of power to the Saudi Electric Company (SEC) to help overcome seasonal power shortages in Saudi Arabia.

Cargotec will launch a new look aimed at strengthening the group and its Hiab, Kalmar and MacGregor divisions

Link-Belt Construction Equipment Company will break ground within weeks on a new assembly bay at its world headquarters and manufacturing facility in Kentucky, US

India's Government is planning a US$ 354 billion investment in its infrastructure by 2012, with another US$ 150 billion expected to come from the private sector, according to the latest report by PwC.

AMECO, the equipment rental division of Fluor Corp, has established a permanent office in Peru three years after first entering the South American market. The business is a partnership with local partner Choice Cargo, a Peruvian transport and logistics company, and is being operated under the name Choice Equipos y Servicios, based in Lima.

A consortium led by Vinci Construction Grands Projets has won the € 323 million civil engineering contract with Egypt's National Authority for Tunnels (NAT) for Cairo's metro Line 3.

Aggreko said its local rental businesses in Europe and North America had deteriorated in the second quarter, with temperature control equipment most affected.