Category Archives: Construction

Construction Press Releases & News distributed via EuropaWire

ZÜBLIN Embarks on €450 Million Lock Replacement Project Amid Ongoing Shipping Operations

(IN BRIEF) ZÜBLIN, a subsidiary of STRABAG, has secured a contract from the Waterway Construction Office Aschaffenburg to replace the lock Kriegenbrunn. The €450 million project, slated to commence in April 2024 and expected to conclude by spring 2032, will … Read the full press release

Aboitiz Solar Partners with AFRY for 172 MWp Solar PV Plant in the Philippines

(IN BRIEF) Aboitiz Solar Power, Inc., a subsidiary of Aboitiz Power Corporation, has enlisted AFRY as the owner’s engineer for the construction of a 172 MWp solar photovoltaic (PV) plant in Negros Occidental, Philippines. The project, part of AboitizPower’s extensive … Read the full press release

Wienerberger Reports Strong Performance and Strategic Acquisitions in 2023

(IN BRIEF) Despite economic challenges, Wienerberger had a successful business year in 2023, boasting revenues of €4.2 billion and operating EBITDA of €811 million. The company’s resilience is attributed to its robust performance in infrastructure and renovation sectors, along with … Read the full press release

Fisia Italimpianti Diversifies into Oil&Gas with Saudi Arabia Water Treatment Plant Project

(IN BRIEF) Fisia Italimpianti, a subsidiary of the Webuild Group, has initiated the construction phase of a Water Treatment Plant in Saudi Arabia, marking its entry into the Oil&Gas sector. The project, part of the Zuluf onshore oil plant complex, … Read the full press release

Fundamentering AS Awarded Contract for Ramfjord Bridge Foundation Work in Troms

(IN BRIEF) Fundamentering AS (FAS), a subsidiary of AF Gruppen, has secured a contract with Metrostav Norge AS for foundation work on the Ramfjord Bridge in Troms, commissioned by the Norwegian Public Roads Administration. Valued at approximately NOK 100 million … Read the full press release

Strøm Gundersen AS Awarded Contracts for Hotel and Office Building Construction in Drammen

(IN BRIEF) Strøm Gundersen AS, a company within AF Gruppen, has secured two turnkey contracts totaling NOK 516 million excluding VAT for the construction of a hotel and an office building in Brakerøya, Drammen. The first contract, valued at NOK … Read the full press release

Vattenfall Secures Final Permit for Major Land-Based Wind Power Project

(IN BRIEF) Vattenfall’s ambitious Norrbäck and Pauträsk wind project, comprising 111 turbines with a combined output of 530 MW, has successfully obtained its final environmental permit. With an anticipated annual production of 2 TWh, these wind farms, located across Lycksele, … Read the full press release

EBRD Invests €25 Million in Vilnius Residential Energy Efficiency Fund

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is supporting energy efficiency initiatives in Vilnius by investing €25 million in Šiaulių Bank’s energy efficiency fund. Managed by Šiaulių Bank, the fund aims to finance energy efficiency renovations in … Read the full press release

Telefónica Receives LEGO’s Centennial Gift: Iconic Headquarters Replicated in Bricks

(IN BRIEF) Telefónica has received a special centennial gift from the LEGO Group: a meticulously detailed replica of its historic headquarters at Gran Vía 28, scaled down to 1:50. This impressive LEGO construction, one of the largest in the world … Read the full press release

EIB Supports GROPYUS to Revolutionize Sustainable and Affordable Housing in Europe

(IN BRIEF) The European Investment Bank (EIB) is injecting €40 million into German-Austrian PropTech GROPYUS to advance the construction of sustainable and affordable homes across Europe. GROPYUS specializes in employing digitalized, fully automated, and industrialized processes to produce multi-storey wooden … Read the full press release

EIB Supports Skellefteå’s Social Housing Drive Amidst Green Industrialization

(IN BRIEF) The European Investment Bank (EIB) is backing Skellefteå Kommun in Sweden with a SEK 800 million loan (€70 million) to facilitate the construction of 743 new, energy-efficient social housing units. These homes, vital amidst the green industrialization, especially … Read the full press release

EBRD Funds Modern Wastewater Treatment Plant in Kazakhstan’s Aktobe

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is spearheading efforts to tackle water treatment and environmental challenges in Aktobe, Kazakhstan’s fourth-largest municipality, through the financing of a new wastewater treatment plant and associated infrastructure. With a sovereign … Read the full press release

VELUX-Led Living Places Copenhagen Wins Prestigious MIPIM Award for Sustainable Residential Project

(IN BRIEF) Living Places Copenhagen, a collaborative project by the VELUX Group, EFFEKT architects, Artelia engineers, and Enemærke & Petersen contractors, has been honored with the MIPIM Award 2024 for “Best Residential Project.” This accolade recognizes the project’s innovative approach … Read the full press release

EIB Loans €22 Million to Malta for Affordable Housing Construction

(IN BRIEF) The European Investment Bank (EIB) has granted a €22 million loan to Malita Investments plc, in collaboration with the Government of Malta, to address housing shortages in the country. This funding, along with a previous agreement, will support … Read the full press release

Skanska’s Sustainable Investment: Final Phase of Park Scandinavia Estate in Warsaw

(IN BRIEF) Skanska Residential Development Poland is investing PLN 113M in the fifth and final stage of the Park Scandinavia estate in Warsaw’s Gocław district, featuring two seven-story buildings with 198 apartments. Embracing eco-friendly solutions, the project integrates a smart … Read the full press release

TUM Takes Historic Step: Removing Nazi-Era Names and Honors

(IN BRIEF) In a profound move towards historical accountability, the Technical University of Munich (TUM) announces the removal of names associated with Nazi history from its buildings and rooms, alongside distancing itself from honorary titles awarded during the Nazi era. … Read the full press release

Holcim Initiates CHF 1 Billion Share Buyback Program

(IN BRIEF) Holcim is set to commence its share buyback program on March 18, 2024, allocating a total of CHF 1 billion until the end of 2024, subject to share cancellation approval at the 2025 Annual General Meeting. Funded from … Read the full press release

US Siding Production Goes Green: Saint-Gobain Achieves 96% Emission Cut

(IN BRIEF) Saint-Gobain has initiated very low carbon production of siding at its US manufacturing sites in Kansas, Georgia, and Maryland, resulting in a remarkable 96% reduction in scope 1 and 2 emissions. This achievement is driven by the electrification … Read the full press release

Saint-Gobain’s Commitment to Sustainability: Advancing Low-Carbon Cement Technologies

(IN BRIEF) Saint-Gobain Construction Chemicals is ramping up efforts to advance low-carbon cement and concrete technologies, aiming to foster growth and sustainability in the construction sector. Key partnerships with startups like Fortera and established players like Ecocem demonstrate the company’s … Read the full press release

LEGO Group Reports Resilient Growth Amidst Challenging Toy Market: 2023 Financial Overview

(IN BRIEF) The LEGO Group announced its full-year earnings for 2023, showcasing a two percent revenue growth to DKK 65.9 billion despite a tough toy market environment. Operating profit stood solid at DKK 17.1 billion, reflecting accelerated investments in strategic … Read the full press release