All Construction Articles

Trump Tower put on hold
Dubai, UAE-based property developer Nakheel has suspended work on its Trump Tower project.
Challenging Changes: what's new in the European utility market
Manufacturers of equipment used to construct underground utilities are developing new machines and techniques in order to meet the changing needs of the market.
Strabag revenues and profits rise
Strabag recorded third quarter sales of € 3,5 billion, up +26% on the € 2,8 billion reported for the same period in 2007. Furthermore, pre-tax profit for the quarter of € 177 million represented a +18% increase on the € 150 million reported for the third quarter of last year.
CECE lobbies Europe on € 200 billion stimulus plan
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.
Biggest Bauma China
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.
Profits and sales up for John Deere
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.
BAM wins JV Antwerp rail contract
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.
Al Habtoor Leighton Group wins Pearl Dubai contract
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).
More funds for Indonesia's infrastructure sector reform
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$ 700 billion plan to rescue US unveiled
US President-elect Barack Obama has unveiled a US$ 700 billion construction plan for the nation's infrastructure, education and energy sectors.
Argentinean president unveils US$ 21.5 billion construction boost for economy
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 reveals Russian factory plans
Liebherr has begun construction of a 120 ha production site in Dzerzhinsk, in Russia's Nizhny Novgorod region.
Doka USA receives NOVA Award for its Table Lifting System
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 invests in Indian excavator operation
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.
Visitor levels at Bauma China exceed expectations
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.
Peab improves sales and profits
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.
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