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Several years of accounting irregularities discovered at Siwei in China prior to its acquisition.
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Strabag postpones €300 million investments due to unclear grid connection timeframe
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Sembawang and Leighton go head to head to win most or all of Australian contractor’s US$ 1 billion revenue business
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Lunda Construction in the USA has been fined and cited for violating safety standards after a fatal crane accident
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Energoprojekt Niskogradnja debarred from World Bank projects for 2.5 years following misconduct on projects in Uganda
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German state rail operator sues four track supplies for a reported €750 million in damages after companies found guilty of price fixing
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Total cost for over-running Elbe Philharmonic Hall project agreed with developer, new completion date detailed
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Canadian contractor “disturbed” by arrest of former CEO Pierre Duhaime, suspends payments arranged under departure agreement
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Parent company ENI also sees CFO step down amid Italian investigation into Algerian contracts
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Pierre Duhaime charged in connection to Libyan suspect payments as well as suspected fraud on contract for Montreal’s McGill University Hospital.
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Proposed joint venture sells portfolio of construction materials operations for €355 million after competition concerns
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French contractor sees rise in nine-month revenues, warns of full-year impact on net income if new laws enacted
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Italian authority launches probe into strategic tie-up, meanwhile companies agree sale of Brazilian toll road operator
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Budus also files law suit against Polish authorities over construction of a stadium in the city of Lodz
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Canadian city authorities halt US$ 76 million of planned infrastructure contracts amid inquiry into industry corruption and Mafia links
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Former vice president of contractor Infrabec Construction testifies about collusion, kickbacks and organised crime in Québec
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Finnish authorities give green light to €55 million deal with building materials company Rudus
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Shareholders to sue contractor for US$ 1 billion after suspect payments scandal in Libya hit the value of their investment.
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Bangladesh suspends all government employees and officials alleged to have been involved in corrupt acts over financing of bridge
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Hydrobudowa brought to its knees by financial penalties over Warsaw National Stadium contract