Category Archives: Construction

Construction Press Releases & News distributed via EuropaWire

Webuild S.p.A. Responds to Shareholder Demand, Calls for Extraordinary Shareholder Meeting

(IN BRIEF) Webuild S.p.A., in response to a request from shareholder Salini S.p.A., has resolved to convene an Extraordinary Shareholder Meeting alongside the forthcoming Ordinary Shareholder’s Meeting on April 24, 2024. The decision, made during a Board of Directors Meeting, … Read the full press release

Logicor Completes Expansion of Walki’s Warehouse Facility, Enhancing Sustainability and Capacity

(IN BRIEF) Logicor, a leading European logistics real estate developer, has finalized the construction of a 10,400 sqm storage facility for Walki Sp. z o.o., a protective packaging manufacturer. This expansion, doubling Walki’s space at Logicor Wrocław II to 21,000 … Read the full press release

Stora Enso and SEB Forge Path for Forest Industry Entrepreneurs with Innovative Financing Model

(IN BRIEF) Stora Enso’s innovative Harvesting Partner concept, aimed at fostering entrepreneurship and skillful operators in the forest industry, has expanded across Sweden, Finland, Norway, and Lithuania since its launch in November 2022. In collaboration with SEB, Stora Enso has … Read the full press release

EIB and Otua Group Partner to Drive Circular Economy in Spain with €40 Million Investment

(IN BRIEF) The European Investment Bank (EIB) and Otua Group have collaborated on a €40 million loan to facilitate the construction of a new recycling plant for automotive waste plastics and the upgrade of existing metal waste processing facilities. This … Read the full press release

Unlocking Creative Potential: LEGO Group Study Sheds Light on Gender Disparities in Children’s Creative Confidence

(IN BRIEF) The LEGO Group has unveiled findings from a global study highlighting societal trends affecting children’s creative confidence, particularly girls, who face intense pressure to be perfect. The study, involving over 61,500 parents and children aged 5-12 across 36 … Read the full press release

Zumtobel Group Wins First-Ever ‘Sustainable Exhibition Stand’ Prize at Light + Building Trade Fair

(IN BRIEF) The Zumtobel Group, based in Vorarlberg, Austria, was awarded the inaugural “Sustainable Exhibition Stand” prize at the Light + Building trade fair in Frankfurt for its innovative and environmentally conscious booth concept. The concept, which blends sustainability with … Read the full press release

LUKOIL Initiates Construction of Solar Power Plant in Kazakhstan, Aiming for Sustainable Energy Solutions

(IN BRIEF) In a significant step towards sustainability, LUKOIL lays a commemorative capsule to signify the beginning of construction for a solar power plant (SPP) in the Almaty region of Kazakhstan. The project, with a design capacity of 4.95 MW, … Read the full press release

Holcim Nominates Michael H. McGarry, Former PPG Industries Chairman and CEO, for Board of Directors

(IN BRIEF) Holcim has proposed the election of Michael H. McGarry, former Chairman and Chief Executive of PPG Industries, to its Board of Directors at the upcoming Annual General Meeting in May 2024. With a background in global business leadership … Read the full press release

Holcim Surpasses Expectations with Record-Breaking 2023 Results, Achieving Strategy 2025 Milestones Ahead of Schedule

(IN BRIEF) Holcim, a global leader in building materials, has reported stellar financial results for the full year of 2023, with net sales reaching CHF 27.009 billion and recurring EBIT hitting CHF 4.76 billion. These figures represent an organic growth … Read the full press release

EIB and Hypo Vorarlberg Partner to Finance Energy-Efficient Housing Projects

(IN BRIEF) The European Investment Bank (EIB) and Hypo Vorarlberg have inked agreements to fund the construction of highly energy-efficient residential buildings. The deal comprises a synthetic securitisation transaction and a funding transaction, totaling €61 million. This initiative aims to … Read the full press release

Bentley Residences Miami: Where Luxury Living Meets Automotive Artistry

(IN BRIEF) Bentley Motors, in collaboration with Dezer Development, has broken ground on Bentley Residences Miami, the first-ever Bentley-branded residential tower, located on an exclusive oceanfront stretch in Sunny Isles Beach. Featuring 216 private residences with innovative car lifts and … Read the full press release

EIB Provides €81 Million Loan for Nuremberg School’s Green Transition

(IN BRIEF) The Martin-Behaim-Gymnasium grammar school in Nuremberg is set to transition into a new, eco-friendly building thanks to an €81 million loan from the European Investment Bank (EIB). This state-of-the-art facility, constructed with wood and equipped with solar panels, … Read the full press release

Michelin, Antin, and Enviro Collaborate on Revolutionary Tire Recycling Plant in Sweden

(IN BRIEF) Michelin, in partnership with Antin and Enviro, has announced the construction of the first end-of-life tire recycling plant in Uddevalla, Sweden. This joint venture aims to recycle approximately 35,000 tons of used tires annually, creating up to 40 … Read the full press release

ETZ Hospital Secures €115 Million Financing for Modernization and Sustainability Drive

(IN BRIEF) ETZ hospital has finalized a €115 million financing deal with the European Investment Bank (EIB) and BNG Bank to support the modernization of its St. Elisabeth location in Tilburg. This funding will facilitate the construction of a new … Read the full press release

ANDRITZ Expands Pavatex Fiber Production Line, Boosting Capacity in France

(IN BRIEF) ANDRITZ, an international technology group, has bolstered Pavatex’s fiber production capacity with the delivery of a second production line to their Golbey facility in France. This expansion, integrated with a chip handling and pressurized refining system, marks a … Read the full press release

Heidelberg Materials and BirdLife International Renew Partnership for Biodiversity Conservation

(IN BRIEF) Heidelberg Materials and BirdLife International have extended their partnership to enhance biodiversity in and around the company’s quarries, minimize negative environmental impacts, and promote best practices in biodiversity management. The memorandum of understanding signed covers the next three … Read the full press release

Saint-Gobain Proposes Acquisition of CSR Limited, Furthering Global Expansion in Sustainable Construction

(IN BRIEF) Saint-Gobain has formally approached the Board of CSR Limited, a prominent Australian building materials company, with a non-binding indicative offer to acquire all of CSR’s issued share capital through a scheme of arrangement at A$9.00 cash per share. … Read the full press release

Wienerberger Exceeds Market Expectations with Strong 2023 Performance and Focuses on Sustainable Growth

(IN BRIEF) Wienerberger, an Austrian building materials company, reports robust full-year results for 2023, with total revenues reaching €4.2 billion and operating EBITDA hitting €811 million, driven by increased infrastructure and renovation activities. Despite challenges like inflation and rising interest … Read the full press release

Skanska AB Sets Agenda for Upcoming Annual General Meeting

(IN BRIEF) Skanska AB (publ), a leading construction and development company, has announced its Annual General Meeting (AGM) scheduled for March 27, 2024, in Stockholm, Sweden. Shareholders are invited to attend or vote by proxy, with key agenda items including … Read the full press release

Skanska to Construct Sustainable Residential and Commercial Complex in Gothenburg’s Masthuggskajen

(IN BRIEF) Skanska has entered into an agreement with Elof Hansson Fastigheter and Riksbyggen to develop a new residential block and commercial premises at Masthuggskajen in Gothenburg, Sweden, with a contract valued at approximately SEK 340 million. The project encompasses … Read the full press release