All Business & Finance Articles

California transit projects and New York prison drive Tutor Perini’s Q1 revenue up 35%
Two transit projects in California and a major new prison build in New York have contributed to a 35% year-on-year increase in Q1 revenue for US contractor Tutor Perini.
Skanska signs $612m final award for South Brooklyn Marine Terminal upgrade
Skanska has signed a final award worth $612 million for the upgrade of the South Brooklyn Marine Terminal in Brooklyn, New York, USA.
Eyes on inventories as Caterpillar announces Q1 results
Caterpillar announces its first quarter results on 25 April
Could a four-day week really work in the construction industry?
For a long time, working for four days a week instead of five but with no reduction in pay sounded like an unachievable – possibly even decadent – idea in pretty much any industry.
Reconstruction of Ukraine ‘should start now’
Rebuild Ukraine conference held at Intermat
Hochtief subsidiary increases stake in mining services firm
Hochtief’s Australian subsidiary Cimic has increased its stake in mining services company Thiess, in response to the importance of the energy transition.
Yanmar outlines compact equipment ambitions
Developing dedicated electric platforms for compact machines
Eiffage buys major player in European energy infrastructure market
French construction group Eiffage has acquired EQOS, a major European player in the energy infrastructure market.
Two engineering firms win role on Canada’s new C$2.7 billion Île d’Orléans Bridge
Engineering and project management companies AtkinsRéalis and TYlin have won a contract as part of the C$2.7 billion (US$2 billion) to build the new Île d’Orléans Bridge.
Strabag buys up sustainable building materials manufacturer
Austrian contractor Strabag has acquired sustainable building materials manufacturer Naporo Klima Dämmstoff for an undisclosed sum.
Difficult times for France’s construction sector as Intermat returns
Paris, dubbed the City of Light, hosts the Intermat construction show this week (24-27 April) after a six-year-long absence.
New venue and location for Plantworx 2025
Event to be held in new location
Norway’s ‘world-first’ ship tunnel gets technical advisor
See which company has contracted with the Norwegian government on this one-of-a-kind project
EFCA: Looking to the future of engineering
Just how important will the next generation of engineers be for the built environment?
Volvo CE feels impact of market downturn with Q1 results
Volvo Construction Equipment reveals its financial results for Q1, 2024 
Engineering firm wins contract to install electrics and instruments at Hinkley Point C nuclear plant
UK-based engineering company BGEN has won an £84 million (US$104.8 million) deal to install electrical and instrumentation packages on the Hinkley Point C nuclear power plant in Somerset.
Vinci buys Edinburgh airport, promises further development
Vinci’s airports concessions business has acquired a majority shareholding in the company that owns the freehold of Edinburgh Airport for £1.3 billion (US1.6 billion).
What are the world’s most expensive cities to build in?
Arcadis 2024 International Construction Costs report reveals the costliest cities to build in for the construction sector
NCC commissioned to build submarine dock for Norwegian military
The company announced it was contracted by this Norway naval base
Liebherr USA promotes mining lead to division director
The company has promoted a director to a new role
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