All Business & Finance Articles

Granite Construction awarded final leg of work in US National Park
US-based contractor will finish up at Alaska-based National Park
CRH completes US$2.1bn acquisition of cement and concrete assets in US
CRH will acquire a network of terminals on the Eastern Gulf Coast of Texas and a portfolio of 20 ready-mixed concrete plants that serve the Austin and San Antonio markets
Cooldown in construction fails to dent record output for Strabag
Austrian construction contractor Strabag saw its output hit a record of €19.1 billion (US$20.5 billion) in 2023 despite a cooldown in the sector.
Human-sized bricklaying robot start-up raises $25 million
A start-up company that is developing a bricklaying robot has raised $25 million to scale the number of robots it can deploy across Europe.
US$14 million school construction contract awarded
A turnkey project will see a Swedish firm receive SEK 150 million for the project
‘Stabilising’ global market aids Haulotte’s fourth quarter
Strong end to financial year will give way to ‘stable’ 2024 and consolidation 
Trackunit says new IoT device ‘makes leap’
TU700 device will provide more machine data
FIEC: Is there a new push for circularity in Europe?
FIEC takes a look at the European Green Deal and paving the way to a more sustainable future
Trade corridor deal between India and UAE paves way for new rail projects
India and the United Arab Emirates (UAE) have signed an agreement to develop a trade corridor connection Europe with India through the Middle East.
Construction trade association creates AI guide for contractors
ABC’s AI guide was released earlier this month and features tips to navigating the new technology
How ‘ghost’ subcontractors are defrauding US insurers
What are ‘ghost’ subcontractors and how are they defrauding insurance companies?
Skanska reports record order backlog of US$22 billion
Construction backlog at “historically high level” as Skanska delivers year-end results.
Komatsu teams up with F1’s Williams Racing
Partnership creates the opportunity for technical expertise to be shared between the two companies
Zeppelin names successor to Peter Gerstmann
Caterpillar dealer announcess senior management succession plan
Peab to build SEK1 billion swimming pool block in Sweden
Sweden-based firm will be involved in 27,000m2 of the new build at a cost of US$124 million
European ‘headwinds’ follow strong 2023 for Genie
Slight drop in fourth quarter sales lifted by significant income rise for full year as backlog soars
Skanska to prep hyperscale data centre construction in Norway
What countries are building the most tech centres across the globe?
Sessler Wrecking makes “milestone” expansion into new region
Industry veterans Mark Frank and Fred Vernier to lead new division
Selwood owner buys Dutch pump rental business
Workdry International buys Zwolle-based renter
Vinci forecasts more limited growth this year after strong 2024
French construction group Vinci has reported a 12% increase in revenue to €68.8 billion (US$74.2 billion) in 2023 but has warned that growth in 2024 is likely to be at a slower pace.
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