(IN BRIEF) Skanska has secured a $126 million contract from the Tennessee Department of General Services to renovate Legislative Plaza in Nashville. The project includes modernizing office spaces, upgrading the Motlow Tunnel, and improving mechanical, electrical, and plumbing systems. The … Read the full press release
Posted in Business, Construction, Environment, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged Legislative Plaza, Nashville, partership, renovation, Skanska, sustainability
(IN BRIEF) Holcim plans to fully separate its North American business through a 100% spin-off, listing it on the New York Stock Exchange and reporting under US GAAP, with an additional listing on the SIX Swiss Exchange for European investors. … Read the full press release
Posted in Business, Construction, Industrial, Management, Switzerland
Tagged 100% spin-off, Annual General Meeting, building solutions, ECOCycle, ECOPact, ECOPlanet, ELEVATE, EUROPEAN INVESTORS, growth opportunities, holcim, INNOVATION, May 14 2025, mid-2025, New York Stock Exchange, North American business, NYSE, regulatory approvals, shareholder approval, SIX Swiss Exchange, sustainability, US GAAP, US market
(IN BRIEF) GRAHAM partnered with St Cuthbert’s Catholic High School and Mersey Care NHS Trust to transform a garden at Peasley Cross Hospital, enhancing it into a therapeutic space for patients and staff. As part of its commitment to social … Read the full press release
Posted in Construction, Healthcare, Industrial, Infrastructure & Utilities, Non Profit, United Kingdom
Tagged build day, community connections, design competition, garden transformation, GRAHAM, leadership, Liverpool, mental health facility, Mersey Care NHS Trust, Mossley Hill, patient care, Peasley Cross Hospital, Social Value, St Cuthbert’s Catholic High School, sustainability, teamwork, therapeutic environments, therapeutic space, volunteers, Year 9 students
(IN BRIEF) The LEGO Group has launched initiatives to promote inclusion for individuals with hidden disabilities. Partnering with Hidden Disabilities Sunflower, LEGO introduced Sunflower lanyard features in new LEGO sets and Minifigure Factories, raising awareness about non-visible disabilities. The company … Read the full press release
Posted in Business, Construction, Denmark, Education, Entertainment, Financial, Government, Industrial, Investment, Management, News, Society, United Kingdom
Tagged awareness, Hidden Disabilities Sunflower, Inclusion, KultureCity, Lauren von Stackelberg, LEGO Group, non-visible disabilities, partnership, Paul White, society, Sunflower Lanyard, UK
(IN BRIEF) Skanska has been awarded a €252 million contract by City Transport Ltd to build a state-of-the-art tram depot in Helsinki, Finland. The 41,000-square-meter facility will house and service up to 50 trams, with provisions for maintenance, cleaning, and … Read the full press release
(IN BRIEF) Holcim has agreed to sell its 83.81% stake in Lafarge Africa PLC to Huaxin Cement Ltd for an equity value of USD 1 billion. The transaction, aimed at streamlining Holcim’s portfolio, is expected to close in 2025, pending … Read the full press release
(IN BRIEF) Saint-Gobain has completed the sale of its PAM Building subsidiary, a producer of sanitary and rainwater drainage solutions, to the French investment fund Aldebaran, with Bpifrance holding a minority stake. The divestment, which includes production facilities in France … Read the full press release
Posted in Business, Construction, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged acquisition, Aldebaran, Bpifrance, PAM Building, partnership, Saint-Gobain, sustainability, UK
(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
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