All Business & Finance Articles
Bauer has seen a -5,4% decrease in group sales in the first half of 2009 to € 681 million compared to € 719,5 million during the same period last year.
The Kenya Electricity Generating Company (KenGen) has contracted Aggreko to provide an additional 140 MW of temporary power. Aggreko, which is already supplying 150 MW of power to the utility company, said the minimum 12 month contract was valued at over US$30 million.
Continued weakness in the US construction market led Ahern Rentals to report a 26% fall in revenues to US$61.7 million for the three months to 30 June. Ahern made an operating loss of $87.9 million for the quarter.
China's Sinohydro Corporation and state-owned EDL have signed an agreement to construct two HEP plants and a power transmission line.
James Hardie reported first quarter 2010 sales of US$ 284 million, down -22% on the US$ 365 million recorded for the same period last year.
South America is bucking the economic trend somewhat and there are positive signs for crane sales
Ammann has acquired the asphalt finisher technology division of Antec and Italian Road Machinery for an undisclosed cash sum.
Boart Longyear is aiming to raise up to US$ 635 million through a fully underwritten equity offer, which it anticipates will provide US$ 585 million after fees and expenses to reduce debt.
SNC-Lavalin has acquired a 48% shareholding in Russia’s Oaovnipineft (VNP), an engineering company that specialises in oil refining, gas processing, petrochemicals and chemicals.
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Vinci, the world's largest contractor, has acquired the assets of the UK's Haymills Group, which went into administration on 13 August.
Sauer-Danfoss and Topcon Positioning Systems are changing the TSD Integrated Controls joint venture operation to a strategic partnership.
Sales in the Industrial Segment of Linamar, which includes Skyjack, decreased 64.4% in the second quarter of 2009. Sales were $97 million lower than in the same quarter in 2008.
Parent company of Essex Crane Rental Corp, Essex Rental Corp, in the US has posted figures down more than 40% on the same period of 2008 but said that business has stabilised
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The Palfinger Group has agreed a sales joint venture with the Kraft Invest Group to expand operations in Russia
UK equipment rental company Hire Station is using the growth of its online rental business with erento to help it establish its ‘white label’ rental activities through the websites of major UK retail and online brands.
Finning International has announced a strategic review of Hewden, its UK rental business, following further deterioration of its results in the second quarter of 2009 and little prospect of improved business conditions “well into 2010”.
Orders book at a record level for Europe's thrid largest contractor.
Infrastructure and mining and near record order book work drive bullish outlook for 2010.
Rockster Recycling has established a formal presence in Russia in the shape of Rockster Russija,
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