All Construction Articles
The Asian Development Bank (ADB) has approved a US$ 72 million loan to help develop and upgrade key urban infrastructure and services in the city of Thanh Hoa, Vietnam.
The Italcementi Group has reported 2008 revenues of € 5,78 billion, down - 3,8 % on 2007 sales of € 6 billion. The company said the global financial crisis was the reason for the "significant" decline in the Group's sales volumes, especially in the fourth quarter, when revenues were further hindered by less favourable weather conditions than those during the same period a year earlier.
Italy's president Silvio Berlusconi has revived plans to construct a suspension bridge linking the island of Sicily to the Italian mainland, pledging € 1.3 billion towards its projected cost of € 6.1 billion.
Three un-named executives at Volvo Construction Equipment (VCE) have been charged with paying bribes to Saddam Hussein's government in a bid to overcome restrictions on trade under the United Nations' Oil-for-Food Programme.
Building materials supplier announces share issue, larger credit facility and planned divestment.
Australia's construction industry continued to contract in February, but at a more rapid rate than the previous month as weak market demand and confidence led to further cutbacks in new project work.
The World Bank (WB) has approved a US$ 5 million grant to the Republic of Haiti to help rebuild public primary schools that were damaged by hurricanes and tropical storms in August and September 2008.
Bam reported 2008 revenues of € 8,8 billion, up +3,5% on 2007 sales of € 8,5 billion. Pre-tax profits for 2008, before goodwill impairment, rose +3,1% to € 352 million, up from € 341 million the previous year.
Hyundai Heavy Industries Europe (HHIE) is introducing the new 86,5 tonne R800-7A FS front shovel crawler excavator for the quarrying and mining sector.
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.
Tokyo prosecutors investigating alleged slush funds set up by contractor Nishimatsu say the money may have been used for illegal political donations.
Of the 7000 people who die from work-related cancers in the UK each year, up to two thirds are associated with construction.
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.
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.
The US budget for next year includes US$ 25 billion to establish a National Infrastructure Bank to fund and co-ordinate projects.
Three consortiums have entered bids for the largest single contract in the US$ 5.25 billion expansion of the Panama Canal.
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