All Business & Finance Articles

Norway’s ‘world-first’ ship tunnel gets technical advisor
See which company has contracted with the Norwegian government on this one-of-a-kind project
EFCA: Looking to the future of engineering
Just how important will the next generation of engineers be for the built environment?
Volvo CE feels impact of market downturn with Q1 results
Volvo Construction Equipment reveals its financial results for Q1, 2024 
Engineering firm wins contract to install electrics and instruments at Hinkley Point C nuclear plant
UK-based engineering company BGEN has won an £84 million (US$104.8 million) deal to install electrical and instrumentation packages on the Hinkley Point C nuclear power plant in Somerset.
Vinci buys Edinburgh airport, promises further development
Vinci’s airports concessions business has acquired a majority shareholding in the company that owns the freehold of Edinburgh Airport for £1.3 billion (US1.6 billion).
What are the world’s most expensive cities to build in?
Arcadis 2024 International Construction Costs report reveals the costliest cities to build in for the construction sector
NCC commissioned to build submarine dock for Norwegian military
The company announced it was contracted by this Norway naval base
Liebherr USA promotes mining lead to division director
The company has promoted a director to a new role
Peab announces SEK 1.5 billion contract on Gothenburg’s West Link
Swedish firm gets more work on railway scheme
What makes construction projects in the UK so unusually expensive?
London is currently the most expensive city in the world in which to build, pipping Geneva in Switzerland to take the top spot in the 2024 Arcadis International Construction Costs (ICC) report.
Pfizer reduces scope of US biomanufacturing facility, contractor says
US pharmaceutical company plans for less-costly build
RB Global exec to cover North American used equipment market
Presentation at Off-Highway Conference/Power Progress Summit will cover used equipment
Thiess wins US$1.2 billion six-year extension on Australian coal mine equipment
Thiess to continue support work at Australian mining site for another six years
Florida university changing contractors for US$340 million football stadium project
The University of Southern Florida is bringing in a new builder for its athletic field renovation
Neom shares details of future opportunities with over 100 global contractors
Over 100 contractors from around the world have gathered at Saudi Arabia’s Neom to be briefed on the progress of construction works and future opportunities in the special economic zone.
Vinci’s request for €1.6bn in damages over cancelled airport job rejected
French construction giant Vinci has seen its €1.6 billion (US$1.7 billion) request for damages after the cancellation of an airport project rejected by a French court.
Heavy rain hampers construction output in Great Britain
Construction output fell 1.9% in Great Britain in February as companies struggled with difficult site conditions amid heavy rainfall.
Over 1,000 exhibitors for Intermat
Paris-based construction trade show meets target of 1,000 exhibitors 
Skanska’s CFO to depart after 18 years
Swedish construction group Skanska has announced that its chief financial officer Magnus Persson is to leave the business after 18 years.
CPB Contractors wins works on AUS$1 billion hospital project
The company announced it would work on this Australian medical facility
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