All Business & Finance Articles

Leighton revenues and orders rise
Infrastructure and mining and near record order book work drive bullish outlook for 2010.
Rockster moves into Russian market
Rockster Recycling has established a formal presence in Russia in the shape of Rockster Russija,
VIDEO: European construction recovery prospects
CE’s Editor Chris Sleight discusses forecasts for the European construction industry and analyses other indicators such as share price gains and our CE Barometer confidence survey to see when the market is likely to bounce back.
France and Germany exit recession
Unexpected rises in second quarter GDP seen in two of Europe's largest economies.
Terex pays US$ 8 million fraud fine
Terex has agreed to pay a US$ 8 million fine to the US Securities and Exchange Commission (SEC) relating to several cases of accounting fraud between 2000 and 2004.
Veidekke stabilises profit margin
Veidekke reported sales for the second quarter of NOK 4,1 billion (€ 486 million), down -24,9% on the NOK 5,5 billion (€ 647 million) recorded for the same quarter last year.
Construction activity still strong in the UAE
Construction activity is still strong in the United Arab Emirates, according to local Manitowoc dealer NFT. IC reports
IC June 2009 business news: rally continues
Despite a few signs of wavering, stock markets kept on climbing in May, shrugging off swine flu and bankruptcies in the auto industry. Chris Sleight reports
IC50 2009 and IC50 five year reports go live
Copies of International Cranes and Specialized Transport magazine's IC50 2009 and IC50 five year reports can now be bought online at KHL's new Information Store
A-Plant introduces insurance package
Rental company A-Plant has launched a new insurance package which enables the company's customers to insure hired A-Plant equipment against loss or damage for up to £100000 for any one incident.
Ramirent profitable but outlook remains gloomy
Ramirent remained profitable in its second quarter of the year, posting after tax profits of €8.5 million – down over 60% on the same period last year – on revenues that were 31% down at €124.6 million.
Terex to close Cedar Rapids factory
Terex has announced plans to close its factory in Cedar Rapids, Iowa, which makes crushing, screening and aspahlt equipment.
Strong first half for Balfour Beatty
Revenues rise +17%, but exceptional items hit profits.
Fluor sees order intake rise
Fluor took US$ 6.8 billion worth of orders in the second quarter of the year, compared with US$ 6.4 billion in the same period in 2008.
Brisbane's AU$ 282 million bus network expansion scheme awarded
The Eastern Busway Alliance has been awarded the AU$ 282 million (US$ 236 million) contract to deliver the Eastern Busway - Buranda to Main Avenue to expand Brisbane's busway network.
Northbridge buys 28 large compressors from Energyst
UK-based industrial rentals specialist Northbridge Industrial Services has bought 28 large Sullair compressors from Energyst. Northbridge has also formed an alliance with Sullair as part of its plan to expand the rental and service of compressors in Europe and the Middle East.
Failures to come warns UK plant hire investment report
Catherine Stratton, author of the respected Plant Hire Investment Report, said the UK plant hire sector was facing one year or more of further decline in demand and that a rising level of business failures was the likely result.
Sunbelt implements iPhone rental application
Sunbelt Rentals in the US has developed a rental sales application for Apple's iPhone and has equipped 1200 of its sales staff and field personnel with the tool.
Palfinger revenue down but orders stabilised
Knuckle boom crane manufacturer Palfinger in Austria reported revenue for the first half of 2009 down by 36% at Euro 269 million (US$ 382 million) compared to the record Euro 424 million ($602 million) for the first half of 2008
Tat Hong expands in China
Singapore-based crane and equipment rental and sales company Tat Hong Holdings has signed a joint venture agreement with Chinese tower crane rental company Guangzhou Hailin
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