Volvo CE to divest SDLG stake to Lingong Group fund
Volvo Construction Equipment (Volvo CE) has agreed to sell its 70% stake in Shandong Lingong Construction Machinery Co (SDLG) to …
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Peab to develop new city district in Åkersberga, Sweden
Swedish contractor Peab has been selected to carry out the infrastructure and pipeline work for Åkersberga's new city district, Hagby …
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Assemblin Caverion Norway acquires plumbing company Åge Nilsen
Assemblin Caverion Norway has announced the acquisition of Åge Nilsen, a plumbing company headquartered in Tromsø, Norway. This move is said …
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Burj Khalifa/Dubai Mall Metro Station set for expansion
The Roads and Transport Authority (RTA) of Dubai, in partnership with real-estate development company Emaar Properties, has announced an expansion …
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AECOM chosen as technical advisor for VicGrid’s energy programme
Infrastructure company AECOM has been named as the technical advisor and lead consultant for VicGrid, a newly formed Victorian government …
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Ghella JV secures $414.6m Milan M1 metro line extension contract
Ghella, in a joint venture (JV) with the Eteria Consortium and C.M.B., has received a contract worth around €360m ($414.6m) …
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Mona Vale Road West upgrade in New South Wales gets $322m boost
The New South Wales (NSW) state and Australian federal governments have announced a joint funding package worth A$500m ($322.26m) to …
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POWERCHINA signs contracts for two substation expansions in Chile
POWERCHINA has secured multiple contracts from Chilean companies Transelec and CGE and French company Engie, for the expansion of two …
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Queen Mary University of London signs agreement to acquire land in Whitechapel
Queen Mary University of London has signed an agreement with the UK's Department of Health and Social Care to acquire …
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Oak Row Equities gets construction financing for Miami multifamily tower
Oak Row Equities, a vertically integrated real-estate private equity and development company, has secured $210.5m in construction financing for 2900 …
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HOCHTIEF and IONOS submit EoI for building AI Gigafactory in Europe
HOCHTIEF, in partnership with cloud solutions provider IONOS Group, has expressed interest in constructing and operating an AI 'Gigafactory' in …
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Veidekke secures contract for environmentally certified building in Norway
Norwegian contractor Veidekke has obtained a contract, valued at approximately Nkr2.3bn ($227.3m) excluding VAT, from Kongsberg Defence & Aerospace (KONGSBERG), a …
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Saint-Gobain acquires Maturix to expand digital construction reach
French multinational Saint-Gobain has acquired Denmark-based real-time concrete monitoring solutions provider Maturix, marking a significant step in the expansion of …
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Orion Group secures $100m in new orders across marine and concrete divisions
Speciality contractor Orion Group Holdings has been awarded a series of contracts, with a combined value of around $100m, across its …
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UK construction SMEs struggle to access finance: BFS Report
Despite growing confidence in future sales, UK construction SMEs are facing significant financial headwinds, with access to external finance tightening …
