All snc lavalin articles – Page 2
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World Bank cancels US$ 1.2 billion Padma Bridge loan
Evidence of corruption and poor government response sees funding removed from US$ 2.9 billion, 6.5 km road-rail bridge.
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SNC Lavalin subsidiary faces World Bank ban
Final decision will be made pending Canadian engineer's response to investigation into bidding on Bangladesh's Padma Bridge.
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SNC Lavalin CEO resigns in suspect payments saga
Pierre Duhaime steps down having signed-off on US$ 35.5 million of suspect payments. Internal investigation fails to discover what the money was for.
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Request for class action against SNC Lavalin
US$ 252 million damages sought for alleged breaches of compliance and illegal activities in Libya. The company denies the claims.
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Suspect payments cause SNC Lavalin loss
Canadian contractor investigating irregular payments totalling US$ 35.5 million that will impact full-year results
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SNC Lavalin executives exit company
Departures include head of operations in Libya as company faces questions over conduct
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SNC Lavalin in India roads JV
Canadian contractor partners with Indian Infrastructure Fund and Ashok Piramal to target PPP road-building projects
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Bangladesh refutes Padma corruption allegations
Finance minister insists US$ 3 billion project is transparent.
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SNC Lavalin in corruption investigation
World Bank refers concerns over US$ 2.9 billion Padma Bridge Project in Bangladesh to Canadian authorities
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Libya unrest hits SNC Lavalin results
First quarter operating income falls but sales and order backlog rise
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NZ geothermal contract awarded
SNC-Lavalin, McConnell Dowell and Parsons Brinkerhoff win joint venture contract for New Zealand geothermal plant.
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Chinook wins Alberta’s biggest road contract
Chinook Roads, a joint venture partnership between SNC-Lavalin and Acciona has won the CAD$ 769 million (US$ 763 million) design, build, operation and maintenance contract for the southeast section of the Stoney Trail ring road in Calgary, Canada.
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SNC-Lavalin buys into Russia
SNC-Lavalin has acquired a 48% shareholding in Russia’s Oaovnipineft (VNP), an engineering company that specialises in oil refining, gas processing, petrochemicals and chemicals.
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Montreal symphony
SNC-Lavalin won the CAN$ 259 million (US$ 239 million) contract to design, construct, finance and operate a new concert hall for the Montreal Symphony Orchestra in Canada.
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SNC-Lavalin profits
SNC-Lavalin reported first quarter pre-tax profits of CA$ 77.4 million (US$ 66.8 million), up +9.4% on the CA$ 70.8 million (US$ 61 million) recorded 12 months ago.
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