All Business & Finance Articles

Saipem explores new Saudi Arabia venture
Saipem said the initiative was taken in the frame of the Saudi Aramco’s Nama’at Investment Industrial Program
US$8 billion transport investment by EU
EU to make available €7 billion for transport infrastructure projects, including deployment of alternative fuels infrastructure
Rate rises assist Sunbelt to pre-Covid revenue
Sunbelt Rentals’ first quarter revenue up 22% on 2020 and 12% on 2019, partly thanks to increasing rental rates
Webinar on cybersecurity in rental and construction, 4 November
IRN free webinar will have senior speakers from Loxam, Ritchie Bros and Palfinger
Haulotte sales rise amid sourcing challenges
Haulotte has recorded a 12% sales increase in its first half of 2021, across most regions 
Trackunit acquires ZTR to create single telematics business
Companies said the combination will accelerate the digital transformation of construction
Holcim sells Brazilian business for US$1 billion
Global company exits Brazil market as it increasingly focuses on sustainable building solutions
Siemens Mobility signs $3bn Egyptian rail deal
German firm to build ‘first ever’ high-speed, electrified main and freight line in the country
Trimble launches investment fund focused on digital transformation
US$200 million fund to focus on companies in areas such as AI, autonomy, robotics and virtual and augmented reality 
CNH Industrial acquires Sampierana
CNH Industrial has agreed to purchase 90% of Sampierana S.p.A., an Italian manufacturer of earthmoving machines, undercarriages and spare parts
Construction sales up by almost 40% for Deere
Strong sales for Deere as construction’s recovery show no signs of slowing
US construction sector to grow by 3.3% a year
New forecast from GlobalData says total infrastructure spending in US to hit US$1.4 trillion over the next eight years
New wind catching tech enters commercial development
Multi-turbine system for floating offshore wind farms uses 80% less space, is more sustainable and produces cheaper electricity, says Wind Catching Systems 
Vermeer Caribbean launches
Rebrand points to growing presence for Vermeer in selected Caribbean islands.
Palfinger posts strong post-pandemic growth
Revenue and profit come back strongly for Austrian crane and access platform maker despite several challenges
Deere and Hitachi end joint venture
Two companies are ending the agreement in the Americas which began in 1988
‘Record’ construction sales predicted for 2021
Off-Highway Research says construction equipment sales of US$110 billion to occur this year
BAM posts positive results but issues supply chain warning
Strong increase in revenue for construction group, but supply chain and Covid-19 uncertainties remain 
Balfour Beatty reports ‘strong’ infrastructure performance
Construction group’s 2021 half year financials reveal order book of €18.9 billion
ARA: 2022 rental revenues to surpass 2019’s record
Equipment rental revenues in 2022 will surpass previous 2019 peak, fueled by construction and industrial services, according to ARA
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