All Business & Finance Articles

Galliford Try posts strong first half
UK homebuilder posted growth across the board in half-year results to end of December
Progress on Panama Canal stalemate
Work expected to restart after tentative agreements reached on funding and schedules, but unresolved issues remain
Chinese lifeline for Cat TBM business
Buyer found for former Lovat business despite May 2013 announcement that Caterpillar would close the company.
Oil & gas work drives Fluor revenues and orders
Petrochemical division is now the US contractor’s largest division and accounted for more than 50% of new contracts awarded in 2013.
Kier chief executive to step down
Group finance director Haydn Mursell to replace Paul Sheffield in July
Genie lifts Terex results
Sales at AWP business surged +22% in 2013, making up for falling revenues among company’s other divisions
CE Barometer February 2014: Confidence booms
Sentiment hit the highest levels since 2010 and 2011 in February, and some measures were back to pre-crisis levels.
BAM Nuttall secures €100 million Heathrow contract
Dutch contractor to carry out refurbishment work on Heathrow Airport access tunnels under two-year contract
Strabag’s solid expectations for 2014
Contractor reports slight decline in output volume for 2013, forecasts business to hold steady this year
Unions slam Qatar World Cup working conditions
Preparations for FIFA 2022 soccer World Cup put over 4,000 construction worker lives at risk
New work rising in UK
Official statistics show new construction work continuing to rise as repair and maintenance falls
Metso and LiuGong combine forces
Metso and LiuGong joint venture will produce Lokotrack crushers and screens tailored for the Chinese market
John Deere and Hitachi open Brazil factories
Manufacturers invested US$ 180 million to build new facilities, one of which is a stand-alone John Deere factory and the other a joint venture
Veidekke posts improved results
Norwegian contractor and property developer posts record turnover of €2.5 billion following strong sales in Norway and Sweden
Skanska wins Norway motorway contract
Contractor awarded €190 million contract by the Norwegian Road Administration to extend E18 motorway
Hyundai happy with European progress
Hyundai Heavy Industries Europe reports that it sold 3% more construction equipment across Europe in 2013 than 2012
Foster Wheeler agrees to Amec takeover
Definitive agreement signed following Amec’s approach in January
Cost of UK flood damage up to €768 million
Accountant PwC estimates economic damage caused by flooding so far, forecasts costs to rise as poor weather continues
Volvo CE unveils new ADT range
ConExpo-Con/AGG 2014 debut for new G Series articulated dump trucks, fitted with Tier 4 Final-compliant engines
Saipem drops to full-year loss
Oil and gas contractor hit by weak order intake and delays in awarding new contracts in 2013
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