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Norberto Odebrecht dies at 93
The founder and honorary chairman of Latin America’s largest construction company has died of heart failure.
Bam announces €75 million project losses
Cost reduction and capital strengthening measures accelerated as one German and one UK scheme fall into difficulties.
Liugong enters R&D programme with Polish University
Liugong Machinery and Poland’s Rzeszów University of Technology establish technical exchange programme
Work begins on Topcon technology centre
US manufacturer breaks ground on Italian technology and research centre
Regional Report: Pace-setting Asia
The Asia-Pacific region is arguably the most dynamic construction market in the world and home to some of the industry’s most ambitious projects.
CNH to close Georgia plant
Dozer factory to cease production in the third quarter of 2015
Volvo opens new US customer centre
Manufacturer inaugurates new customer centre as it consolidates North American operations on one site
Republican calls for winding down of US Exim bank
Government agency provided support for US$ 9.8 billion of global infrastructure projects last year.
London listing for Mota-Engil Africa
At least 25% of US$ 1.35 billion per year African contractor to be floated via an IPO by Portuguese parent company
Salini-Impregilo to aim for 40% free float
Controlling owner Salini Costruttori’s stake to fall to around 60% through new share offer and sale of closely-held equity.
FIEC sees European decline arrested
European construction output will grow 0.1% this year according to FIEC, in what it hopes is “Light at the end of the tunnel.”
Bam investment vehicle receives funding boost
Dutch pension fund administrator PGGM pledges €100 million into BAM PPP PGGM Infrastructure Coöperatie U.A.
IronPlanet launches allEquip.com
New online marketplace offers a "buy it now" service for used construction equipment
Leighton blueprint to streamline business
Australian contractor aims to strengthen its balance sheet and improve project delivery through new strategic plan
Jobs to go at Lemminkäinen
Finnish contractor to cut up to 265 staff as it looks to save on fixed costs
Venice flood barrier arrests
Corruption investigation leaves Mayor under house arrest over bribe allegations
Volvo launches Construction Climate Challenge
Swedish manufacturer calls on industry to unite to share research and best practice to make construction more sustainable
Kubota chairman dies
Kubota chairman, president & CEO Yasuo Masumoto died suddenly on June 4 at the age of 67. The cause of death has not been disclosed.
Corruption allegations against Chinese engineer
Senior engineer from large state contractor Metallurgical Corporation of China (MCC) expelled from Communist Party on allegations of taking bribes.
CADE confirms cement cartel penalties
US$ 1.4 billion in fines and forced divestment of production facilities confirmed for major cement producers in Brazil
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