All Business & Finance Articles
UK house builder and contractor to raise funds for "return to growth" in residential construction, despite full-year losses.
Proceeds from the domestic and international offering will be used to pay down debt.
Sales of construction equipment in Russia are expected to recover within the next 12 months according to the latest report from PMR Publications.
Ashtead claims market share gains
Ashtead Group, the UK-based owner of A-Plant and Sunbelt Rentals, said it was gaining market share in difficult trading conditions. The company posted revenues down 19% to £221.6 million for the quarter to 31 July, with operating profits 54% lower at £23.9 million.
The boom in developing markets and decline in more mature regions saw China's contractors continue their relentless rise up the rankings this year.
Who were the risers and fallers in Construction Europe's 2009 ranking of the region's 100 largest construction contractors?
Investors had something to cheer about in August, as the stock market rally continued and economic outlook strengthened. Chris Sleight reports.
A Finnish newspaper, Talouselämän, has reported that one of the country’s major investors, the Hartwall family, could attempt to merge Cramo and Ramirent, the two largest rental companies in the Nordic and eastern European market.
An Extraordinary General Meeting of Cemex shareholders has approved plans for a massive capital increase sometime within the next two years.
Up to US$ 20 billion will be spent upgrading the airport's four 35-year old original terminals.
Multiquip is to integrate its General Construction Equipment (GCE) and MQ Power divisions and promote a single Multiquip brand. Multiquip said the move had been prompted in part by the global recession and that the new structure would position it for future growth.
Two senior figures from Italy’s aerial platform and rental sector have teamed up to buy Italian aerial platform manufacturers CELA and Socage.
United Rentals has appointed ex-RSC executive Ned Graham as vice president of business development, responsible for developing strategies to expand United's business.
Italian aerial platform manufacturer Iteco has been acquired by fellow Italian construction equipment manufacturer IMER Group for an undisclosed price.
Recovery will begin sooner than expected in the G7 countries.
The growing Indian market will be services by a new Powerscreen factory in Hosur that will produce both mobile screens and crushers
Construction can now get underway on the US$ 2.05 billion scheme in Victoria.
Production to move to Gwinner factory, but office jobs will remain.
Impregilo reported first half sales of € 1,4 billion, up +8,4% on the € 1,3 billion recorded for the first half of 2008.
Strabag’s revenues for the first half of the year were up +12%. However, financial charges saw its net profit slip further into the red.
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