All Construction Articles

Balfour Beatty increases profits
Balfour Beatty reported sales of UK£ 9,4 billion (€ 10,7 billion) for 2008, up +27% on the UK£ 7,4 billion (€ 8,4 billion) recorded for 2007.
DJP leader implicated in Nishimatsu investigation
Tokyo prosecutors investigating alleged slush funds set up by contractor Nishimatsu say the money may have been used for illegal political donations.
Construction workers most at risk from occupational cancers
Of the 7000 people who die from work-related cancers in the UK each year, up to two thirds are associated with construction.
Bobcat launches new excavator
Bobcat has launched the 6 tonne E60 crawler excavator. Offering low noise and emission levels it is suitable for operation in noise sensitive areas and at night.
US demand for "green" building materials rising
The US market for "green" building material is expected to rise +7.2% annually to over US$ 80 billion in 2013, according to the latest report by market research company the Freedonia Group.
US to establish infrastructure bank
The US budget for next year includes US$ 25 billion to establish a National Infrastructure Bank to fund and co-ordinate projects.
Three competing for US$ 2.73 billion Panama locks
Three consortiums have entered bids for the largest single contract in the US$ 5.25 billion expansion of the Panama Canal.
Vinci profits up
Vinci, the world’s largest contractor, reported 2008 sales of € 33,9 billion, up +9,9% on the € 30,8 billion recorded in 2007. Pre-tax profits also rose by +9,4% to € 1,6 billion, up from € 1,4 billion the previous year.
Fines and jail time in rail link waste dumping case
Impregilo's CEO could face five years in jail as consortium is fined € 150 million.
Foundations take shape for Jordanian towers
Excavation work at Limitless' US$ 300 million twin tower residential project in Jordan is nearly 70% complete.
Bucharest-Danube Canal to re-start
The Romanian government has announced plans to re-start construction of the Bucharest-Danube Canal in 2010 with completion expected in 2014, according to Sofia News Agency.
CRH confirms profits
Building materials Group, CRH reported 2008 sales of € 20,8 billion, a -0,5% drop on the € 20,9 billion recorded for 2007. In line with January’s expectations, the Group recorded 2008 pre-tax profits of € 1,6 billion, down -14% on the € 1,9 billion reported a year earlier.
Police investigate Czech corruption
Czech Republic police are investigating alleged corruption in the awarding of 30 contracts by the country's Defence Ministry, according to the Czech News Agency (CTK).
Persimmon sales and profits down
UK house builder Persimmon recorded 2008 sales of UK£ 1,7 billion (€ 1,9 billion), down from the UK£ 3 billion (€ 3,3 billion) reported for 2007. Pre-tax profits also fell from a UK£ 582 million profit (€ 650 million) in 2007 to a loss of -UK£ 780 million (-€ 870 million) in 2008.
Ferrovial reports like-for-like growth
Ferrovial reported 2008 sales of € 14,1 billion, down -3,6% on 2007.
Donations to rebuild Gaza "beyond expectations"
Donors from 70 countries have pledged to donate almost US$ 4.48 billion in aid to the Palestinians, mainly to rebuild Gaza following the earlier conflict with Israel.
Vögele smoothes the way at Icelandic runway
Navitronic Plus, Vögele's 3D machine control system, has been used in a paving project as part of the extension of Iceland's Akureyri Airport.
Regium Waterfront
Zaha Hadid Architects has released new images for the Regium Waterfront project in the city of Reggio Calabria, Italy.
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