(IN BRIEF) Rheinmetall and the Lithuanian government have begun construction of a new €180 million ammunition production facility in Baisogala, Lithuania, which will manufacture tens of thousands of 155mm artillery shells annually. The plant, set to start operations in mid-2026, … Read the full press release
Posted in Business, Construction, Defence, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Lithuania, Management, News, Security & Safety, Technology
Tagged Ammunition Production Plant, Armin Papperger, Aušrinė Armonaite, construction, Ingrida Šimonytė, Laurynas Kasčiūnas, Lithuania, partnership, Rheinmetall
(IN BRIEF) Wienerberger has opened a modernized brick plant in Uttendorf, Austria, featuring the world’s largest industrial electric kiln, powered by green energy sources like its photovoltaic system. The facility reduces production emissions by 90% and energy consumption by one-third. … Read the full press release
(IN BRIEF) Zeewolde wind farm has partnered with Rabobank and Eneco to advance the construction of a large-scale battery park with a 65 MWh capacity, set to be among the largest in the Netherlands. Rabobank will fund the project through … Read the full press release
Posted in Banks, Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Technology
Tagged Community-Owned Battery Park, Eneco, Hans Ketelaars, Lucien Wiegers, partnership, Rabobank, Sjoerd Sieburgh Sjoerdsma, sustainability, Zeewolde Wind Farm
(IN BRIEF) Skanska is investing SEK 530 million in Mandelblomman, a sustainable residential project in Täby Park near Stockholm. The development includes 156 apartments, a rooftop terrace, a green courtyard, and 75 parking spaces. Sustainability features include solar panels covering … Read the full press release
(IN BRIEF) Heidelberg Materials North America is acquiring Giant Cement Holding Inc. (GCHI) and its subsidiaries for $600 million to expand its presence in the Southeastern U.S. and New England. The deal includes a cement plant in South Carolina, multiple … Read the full press release
Posted in Business, Construction, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged acquisition, Chris Ward, Dr. Dominik von Achten, Dragon Products Company, Giant Cement Company, Giant Cement Holding Inc. (GCHI), Giant Resource Recovery, Heidelberg Materials, partnership, sustainability, USA
(IN BRIEF) STARK Group has launched a sustainability initiative in Denmark, offering recycled bricks in all its branches to reduce the carbon footprint of construction projects and support the circular economy. Recycled bricks, which have a climate impact ten times … Read the full press release
(IN BRIEF) MAHLE is leading a €5.1 million, three-year project funded by Germany’s Federal Ministry for Economic Affairs and Climate Action to develop hydrogen-based powertrain solutions for construction and agricultural machinery. The initiative, involving partners like DEUTZ, KIT, and Claas, … Read the full press release
(IN BRIEF) Wood has partnered with Tendrill to form TendrillWood, a joint venture delivering engineering, procurement, and construction services in Brunei. Established in 2023, TendrillWood combines Wood’s global expertise with Tendrill’s local knowledge, employing a workforce that is 74% Bruneian. … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged Brunei, ENERGY, Engineering Solutions, Haryati Ramlee, partnership, Steve Nicol, sustainability, Tendrill, Wood
(IN BRIEF) The Council of Europe Development Bank (CEB) has signed a €200 million loan agreement with the City of Marseille to fund a major renovation of the city’s public primary schools. This loan is part of the €1.5 billion … Read the full press release
Posted in Business, Construction, Education, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Carlo Monticelli, CEB, City of Marseille, Mayor Benoît Payan, partnership, Pierre-Marie Ganozzi, School Renovation Project, sustainability
(IN BRIEF) The European Investment Bank (EIB) has signed the first €150 million tranche of a €1 billion financing package to support the reconstruction of Ischia, which was heavily impacted by a 2017 earthquake and 2022 landslide. The funding will … Read the full press release
Posted in Banks, Business, Construction, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Luxembourg, Management, News, Technology
Tagged EIB, Gelsomina Vigliotti, Giovanni Legnini, Ischia, Italy, partnership, Public and Private Infrastructure 1, Rebuilding, sustainability
(IN BRIEF) The TIMBERHAUS project, a European research initiative launched in Copenhagen, aims to promote sustainable timber construction to reduce the carbon footprint of the building industry. Co-funded by the EU and Switzerland’s SERI, the four-year project involves 19 partners … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Science, Switzerland, Technology
Tagged Anders Kjellow, Empa, European Project, Kirsten Haggart, Mark Schubert, partnership, sustainability, Timber Construction, TIMBERHAUS
(IN BRIEF) AF Gruppen has partnered with Linstow on a NOK 360 million project to rehabilitate and expand office spaces at Tollbugata 32 and Akersgata 13-15 in Oslo. The project will merge and renovate the properties, adding a courtyard extension … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology
Tagged AF Gruppen, Eirik Wraal, Linstow, Oslo Office Spaces, partnership, sustainability
(IN BRIEF) The Nemetschek Group has invested in Document Crunch, a technology company specializing in AI-driven document compliance and risk management for the construction industry, as part of a Series B funding round. The investment will help Document Crunch scale … Read the full press release
Posted in Artificial Intelligence (AI), Berlin, Business, Construction, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged AI, construction, Document Crunch, investment, Josh Levy, Matt Wheelis, Nemetschek Group, partnership, Tanja Kufner, USA
(IN BRIEF) The European Investment Bank (EIB) has provided a €105 million loan to the Municipality of Tuusula in Finland to construct energy-efficient school complexes for 3,500 students. The project, spanning three neighborhoods, aims to create modern educational spaces aligned … Read the full press release
Posted in Banks, Business, Construction, Education, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged EIB, ENERGY, Finland, Kalle Ikkelä, partnership, School Complexes, sustainability, Thomas Östros, Tuusula Municipality
(IN BRIEF) The European Investment Bank (EIB) is partnering with five Croatian cities—Zagreb, Rijeka, Split, Osijek, and Varaždin—to address rising demand for social and affordable housing. Through an advisory agreement funded by the InvestEU Advisory Hub, the EIB will provide … Read the full press release
Posted in Banks, Business, Construction, Croatia, Economy, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Real Estate
Tagged affordable housing, Croatian Cities, EIB, Osijek, partnership, Rijeka, Split, sustainability, Teresa Czerwinska, Varaždin, Zagreb
(IN BRIEF) Sweco has been commissioned by Region Norrbotten to design and plan a new regional hospital as part of Kiruna’s relocation three kilometers east due to the expansion of its iron ore mine. The hospital, expected to be completed … Read the full press release
(IN BRIEF) SEGRO has partnered with Bouygues Bâtiment Industrie to redevelop the historic Les Gobelins railway station in Paris into an innovative urban logistics hub, set to open in 2025. Spanning 75,000 m² and featuring modular units, the SEGRO Paris … Read the full press release
Posted in Business, Construction, Environment, Financial, France, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged Bouygues Bâtiment Industrie, Les Gobelins Station, partnership, SEGRO, sustainability, Urban Logistics Hub, William Nippert
(IN BRIEF) The European Investment Bank (EIB) has provided an initial €100 million loan for the construction of the €1 billion Laakso Joint Hospital in Helsinki, which will integrate psychiatric, neurological, geriatric, and palliative care services for 1.7 million Uusimaa … Read the full press release
Posted in Banks, Business, Construction, Environment, Financial, Finland, Government, Healthcare, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Real Estate, Technology
Tagged EIB, Helsinki, Laakso Joint Hospital Project, Marko Virtanen, partnership, sustainability, Thomas Östros
(IN BRIEF) Alstom has completed the Cavite Extension of Manila’s Light Rail Transit Line 1 (LRT-1), marking its first fully integrated metro project in the Philippines. The 6.2-kilometer extension, with five new stations, reduces travel time between Baclaran and Bacoor … Read the full press release
Posted in Business, Construction, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged Alstom, Cavite Extension, LRT-1, Manila, partnership, PHILIPPINES, sustainability, Toby Tiberghien, urban mobility
(IN BRIEF) Skanska has entered a NOK 569 million contract with WS Computing AS to construct the core and shell of a hyperscale data center in Skien, Norway. This deal builds on an earlier NOK 1.1 billion contract, bringing the … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Sweden, Technology
Tagged Data Center Project, Norway, partnership, Skanska, sustainability
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