All Business & Finance Articles

Thiess leads US$ 579 million rail contract
Australian contractor heads up Trackstar consortium selected to deliver 12.6 km rail link in Queensland
Saipem first half down 20%
Year-on-year revenues at Italian-based oil and gas contractor show steep decline, though better second half expected
August CE Barometer now open
Our monthly confidence survey on the European construction industry is now open. Please take a minute to complete it.
Heidelberg optimistic on Europe
Cement producer forecasts positive developments in Germany, Northern Europe and UK as second quarter results rise
Italian equipment decline ‘not justified by recession’
Italy’s construction machine sales continue to tumble, down 25% on last year, according to Unacea
Murray & Roberts to fully acquire Clough
South African contractor to spend US$ 393 million on outstanding shares in Australian energy, chemicals and minerals & mining specialist.
First half revenues rise at Vinci
Sales up but contractor’s net income slips, hit by severe weather across most of Europe
ICEF speaker to examine Internet impact
IronPlanet chairman & CEO Greg Owens to discuss how the Internet is changing the way to sell construction equipment
Asian slump sees Kobelco sales fall
Falling demand for excavators in China and elsewhere in Southeast Asia saw Kobelco’s sales of construction equipment fall in the first quarter of the fiscal year.
Weak start for Hitachi
Equipment manufacturer hit by declining demand for mining equipment, reports first quarter drop in revenues and operating income
Russia launches €11.6 billion residential project
Consultancy Turner & Townsend appointed to help deliver St Petersburg developments
Operating profit down at Komatsu
First quarter results hit by weaker demand for construction and mining equipment in key markets
Saudi Arabia awards US$ 22.5 billion metro contracts
Contracts for six-line metro projects in capital Riyadh awarded to three international consortia
Fiat Industrial fully acquires CNH
Shareholders approve full merger between equipment manufacturer CNH and its majority owner
Construction sales down at YIT
Revenues from continuing operations slip; contractor completes sale of building services business to Caverion
Cemex sees second quarter boost
Cement producer reports higher revenues and earnings despite falling sales in Northern Europe
Strabag wins contracts worth US$ 305 million
Infrastructure projects in Oman, Thailand and Brunei added to contractor’s order backlog
Infrastructure investors failing to address climate change
Report warns major global developments exposed to increased long-term risks from changing environment
Terex second quarter results slip
Growth in AWP and cranes divisions offset by declines in construction, material processing and MHPS divisions
European contractors look for international growth
QBE survey finds 65% of European building and construction firms plan to expand into new countries over next five years
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