All Construction Articles
The Committee for European Construction Equipment (CECE) is to meet European Commission vice president Günter Verheugen before Christmas to discuss the European Union’s proposed €200 billion economic stimulus plan.
This year's Bauma China event is the most successful to date, according to the show's organisers, with over 113000 visitors - a +40% rise on the 80000 people who visited the last show in 2006.
US-based John Deere recorded fourth quarter sales of US$ 7 billion, up +21% on the previous year's results. The company also saw an increase of +18% to US$ 28 billion for the full year.
The Locorail consortium, which consists of BAM PPP (50%), CFE (25%) and Vinci Concessions (25%), has won the contract to construct the Liefkenshoek Rail Link in Antwerp, Belgium for rail network infrastructure manager Infrabel.
The Al Habtoor Leighton Group has won a US$ 2.4billion contract to construct the mixed-used Dubai Pearl development in the United Arab Emirates (UAE).
The Asian Development Bank (ADB) is to provide an additional US$ 280 million loan to support ongoing reforms in Indonesia's infrastructure sector. The loan also aims to fuel economic growth and narrow the disparity between the country's rich and poor.
US President-elect Barack Obama has unveiled a US$ 700 billion construction plan for the nation's infrastructure, education and energy sectors.
Argentinean President Cristina Fernandez de Kirchner has announced an ARS 71 billion (US$ 21.5 billion) plan to create jobs and boost the country's economy.
Liebherr has begun construction of a 120 ha production site in Dzerzhinsk, in Russia's Nizhny Novgorod region.
Doka USA has received the NOVA Award for Innovation in Construction from the US-based Construction Innovation Forum (CIF) for its Table Lifting System (TLS).
Hyundai Heavy Industries (HHI) has invested US$ 52 million in a new construction equipment factory in Pune, Maharashtra, in Western India the company announced in a statement.
The 4th Bauma China construction equipment exhibition, which is being held in Shanghai, China (25 to 28 November), has got off to a fantastic start with the number of visitors on the first day exceeding all expectations, according to the organisers.
Sweden’s Peab Group recorded third quarter sales of SEK 7,8 billion (€ 765 million), up +5,5% on the SEK 7,4 billion (€ 726 million) reported for the same period last year.
Launching its Transition Report 2008, in London, UK yesterday (25 November) the European Bank for Reconstruction and Development (EBRD) said growth in the EBRD region was likely to fall sharply in 2009 as a result of the global economic slowdown and turbulent financial markets.
Hitachi has announced a new addition to its Zaxis-3 range of excavators - the ZX14-3, filling a gap in the 1 to 2 tonne class.
Facts and figures behind the Greater São Paulo Beltway
Construction of the US$ 3.6 billion, 170 km-long Greater São Paulo Beltway has started again after a break of five years and, thanks to state funding, should be finished in time for the 2014 FIFA World Cup.
The Asian Development Bank (ADB) is to provide a US$ 15.5 million grant to expand the Cook Islands' main international port.
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