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Tunisian rental leader plans for growth
Caterpillar dealer Parenin expects its fleet to top 100 earthmoving machines in the next two years on the back of oil and infrastructure projects.
CNH Industrial and Sumitomo expand partnership
CNH to manufacture 13 - 35 tonne Sumitomo excavators under license, building on 22-year old supply agreement.
Ukraine crisis hits YIT profits
Finnish contractor cites increased uncertainty in Ukraine market as factor in revenue decline for the first quarter
Sales down at Metso
Finnish crushing and screening equipment provider reports 15% drop in sales during the first quarter but remains confident for year ahead
Mild winter pushes Holcim sales up
Global cement and aggregates company reports like-for-like increases in sales across the board
FCC sees losses fall
78% cut in losses reported by global Spanish construction and infrastructure group, with first quarter results showing a loss of €31 million
Gold Line Doha Metro contract
Consortium wins US$ 3.3 billion contract to construct 11 km twin tunnel Gold Line of Doha Metro in Qatari capital
Hong Kong bridge boundary building contract awarded
US$ 1.07 billion contract to build boundary crossing facilities for Hong Kong-Zhuhai-Macao Bridge awarded to joint venture
US$ 300 million for Tanzanian rail
Intermodal and Rail Development Project will support relaying rail tracks, building terminals and repairing or reconstructing bridges
Reorganisation at Manitou
Manitou will be divided into three new divisions and former interim CEO Dominique Bamas will return to the board.
US$ 2.3 billion US road contract awarded
Skanska-Granite-Lane joint venture to reconstruct 34 km expressway project in Florida
Profits down at Technip
Paris-based contractor sees profits down 42.4% while revenues grow 23.3% as subsea business expands
Strong start for CB&I
US contractor sees backlog swell to US$ 30.7 billion following US$5.8 billion of new business in first quarter
Subdued outlook from Hitachi
Equipment manufacturer reported increase in revenues and net income last year but issues mixed forecast for 2014
Revenues rise at Vinci
First quarter results show modest growth from contracting business and stronger growth in concessions
Emerging markets hit Sandvik Q1
Improvements in Europe and North America not enough to offset declines elsewhere for construction equipment division
EU deepens investigation into Holcim/Cemex Spanish deal
European Commission warns that removal of Holcim could help collusion between remaining competitors in Spanish market.
Kobelco sees +19% revenue rise
Excavator and crane sales boosted by reconstruction work in Japan and a surge of buying ahead of new exhaust emission regulations.
Japan and China lift Komatsu results
Surging domestic sales and an upturn in China lifted revenues for the last fiscal year by +4.3%
Volvo CE reports 10% first quarter revenue increase
Manufacturer reports increasing demand, particularly in Europe and North America, plus rising order intake
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