All General Articles

European restructure for Hochtief
Contractor's Hochtief Solutions operation to separate into four independent business units
UK cement market to be broken up
UK Competition Commission forces Lafarge Tarmac and Hanson to sell assets to allow entry of new producer to market
Bauer opens new China factory
German foundations equipment manufacturer opens a new production centre in Tianjin, China.
Amec in €2.3 billion offer for Foster Wheeler
Foster Wheeler considering offer, agrees not to solicit alternative proposals until 22 February
Leighton buys out India joint venture
Contractor acquires Welspun’s 39% stake in Leighton Welspun for US$ 99 million
Lafarge continues asset sales
Cement producer sells minority stake in European and South American gypsum business Siniat for €145 million
Europe’s construction output fell in October
Compared with same month in 2012, output fell 0.8% among all member states, with strongest decrease in Portugal
Zoomlion Cifa expands in Brazil, France and UK
Brazil manufacturing site opens, new regional headquarters in France also planned, plus growth in UK orders
CEO search for KBR as Utt retires
William P “Bill” Utt to retire from his role as chairman, president and chief executive officer in 2014.
Further funds to support Indian roads
World Bank lends US$ 175 million to support improvements to road network in state of Gujarat
Chile to expand hydroelectric generation
Inter-American Development Bank approves US$ 195 million loan to support 531 MW Alto Maipo Hydroelectric Project.
Support for Trans-Sahara Highway improvements
African Development Bank approves US$ 185 million to support 565 km roadbuilding project
Concerns persist over procurement in Poland
Despite recent changes in regulations and contract conditions, public procurement is still a worry for construction sector according to FIEC and EIC
Growth in UK construction output continues
Figures for October show 5.3% increase year-on-year, but some commentators warn of risk from price inflation
International Construction’s December podcast
World Bank Project finance reforms; damages levied against Finnish asphalt cartel; review of construction in North Africa; trends in components for OEMs and an ICEF review
Balfour Beatty sells Scandinavian rail business
Contractor still looking for buyer for the rest of its mainland European rail construction operations
African Infrastructure projects worth US$ 223 billion underway
Deloitte report highlights continent’s huge potential, but also the many challenges facing development
JCB in €180 million UK expansion
Construction equipment manufacturer to build two new factories and relocate some existing facilities
UK outlines €451 billion infrastructure plan
Construction industry claims it may look good on paper, but this spending plan must deliver
World Bank proposes new project finance framework
Policy document indicates a shift away from ‘lowest price wins’ approach to contract awards, international standards in procurement and greater openness & transparency
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