Business & Finance

Canada province and city move to block US builders and contractors
Published on: 18 March 2025
Canada is moving forward with a ban on US construction contractors
Industry associations and European Commission VP address fair work and skills in construction
Published on: 17 March 2025
EU leaders and social partners unite at the Oosterweel project to tackle labour rights, skills shortages, and fair competition in construction
UK contractor trials JCB hydrogen Loadall
Published on: 17 March 2025
Trial proves hydrogen “can be the future for construction”
‘Too many orders aren’t really our problem at the moment’: German construction pushes for €500bn infra fund
Published on: 17 March 2025
Two major German construction associations have welcomed news that a €500 billion infrastructure fund has moved a step closer to being confirmed
Steel prices rise 4% for US construction companies, as tariffs start to bite
Published on: 17 March 2025
US construction companies faced a 4% increase in the cost of steel in February, as the threat of tariffs on imports allowed domestic producers to put up their prices
John Deere’s 850 X-Tier dozer rethinks drivetrain with electric drive tech
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Published on: 17 March 2025
John Deere has introduced a new dozer and announced updates to its P series lineup
Rail Baltica names winners of main line construction in Estonia
Published on: 17 March 2025
Two international consortia have been named successful
Plan to build $1.3bn Tampa Bay Rays stadium falls through
Published on: 14 March 2025
A plan to build a new $1.3 billion home for the Tampa Bay Rays baseball team has fallen through, at least for now.
Chinese consortium wins $2.2bn Tanzania-Burundi railway deal
Published on: 14 March 2025
New standard gauge railway line will transport metals from nickel mining area to Dar es Salaam Port
India’s construction equipment market is growing rapidly. But will Chinese OEMs emerge the winners?
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Published on: 14 March 2025
India’s construction equipment market is evolving and Chinese OEMs are well placed to capitalise on that
Race against time to secure Germany’s €500bn infrastructure package
Published on: 13 March 2025
A proposal to create a €500 billion infrastructure fund to boost investment in Germany faces a race against time to get through parliament
Battery-maker Northvolt files for bankruptcy, leaving gigafactory construction plans in tatters
Published on: 13 March 2025
Northvolt secured $5 billion for European plant expansion little more than a year ago
Balfour Beatty’s US order book jumps 26% amid focus on buildings business
Published on: 12 March 2025
Balfour Beatty has seen its US order book rise by 26% in 2024, as the country proved one of the two main drivers for the UK-based infrastructure group’s future work
Welsh Government ensures payment protection for SMEs in large construction projects
Published on: 12 March 2025
Three UK banks declared Nominated Service Providers to help support SMEs during public sector construction projects
Wates appoints new UK operations director for construction
Published on: 12 March 2025
Mosey joins Wates from Laing O’Rourke
Ferrovial boss on construction’s biggest opportunity in 2025
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Published on: 12 March 2025
Ferrovial Construction’s CEO Ignacio Gastón talked to Lucy Barnard about the company’s priorities in 2025
Hyundai CE swoops for Intermat boss
Published on: 11 March 2025
Hyundai Construction Equipment Europe (HCEE) has hired Christophe Lecarpentier 
Strabag and Porr in talks to rescue €90m acquisition
Published on: 11 March 2025
Contractors Strabag and Porr have entered talks to try and salvage a €90 million deal to acquire parts of the VAMED Group
Contractor Kier confident UK’s infrastructure commitments will deliver more work​
Published on: 11 March 2025
UK-based contractor Kier saw its order book increase 2% to a record £11 billion (€13.1 billion)
Cowi wins hydropower station expansion in Iceland
Published on: 11 March 2025
The project began in early 2025 and is scheduled for completion in late 2028
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