Tag Archives: construction

Deka Immobilien acquires Parkview office building in Prague, Czech Republic from Skanska

(PRESS RELEASE) STOCKHOLM, 15-Jan-2021 — /EuropaWire/ — Skanska announces that its Parkview office building located in Prague, Czech Republic has been sold to Deka Immobilien, one of Europe’s leading real estate investors and asset managers, for EUR 77M, about SEK … Read the full press release

EIB signs €125 million loan with Livie to accelerate construction of affordable housing in France

€125 million loan granted to BATIGERE Network subsidiary dedicated to building affordable housing in France 1 500 home builds planned over five years for 3 500 residents Operation guaranteed by the European Fund for Strategic Investments (EFSI) (PRESS RELEASE) KIRCHBERG, Luxembourg, 11-Jan-2021 — … Read the full press release

Leica Geosystems launches new reality capture collaboration and project management platform

(PRESS RELEASE) HEERBRUGG, Switzerland, 15-Dec-2020 — /EuropaWire/ — Leica Geosystems, part of Hexagon, announces Leica Cyclone ENTERPRISE. The new, user-managed, enterprise-level platform provides a central tool for managing, collaborating and accessing reality capture projects to view, share and analyse rich … Read the full press release

Vattenfall’s construction plans for Vesterhav Syd and Nord offshore wind farm projects gets approval from The Danish Energy Agency

(PRESS RELEASE) STOCKHOLM, 14-Dec-2020 — /EuropaWire/ — Vattendall announces that it has received permission for the construction work on the offshore wind farms Vesterhav Syd and Nord from the Danish Energy Agency. The Danish Energy Agency’s decision constitutes a stamp … Read the full press release

Skanska assigned for the expansion and renovation of Gylle school in Borlänge, Sweden

(PRESS RELEASE) STOCKHOLM, 4-Dec-2020 — /EuropaWire/ —  Skanska announces that its has signed an agreement with Borlänge Municipality for the construction of 19,000 square meters of new buildings along with renovation of the existing building in Gylle primary school. The … Read the full press release

Skanska sells its infrastructure services business in the UK to M Group Services for more than 55M EUR

(PRESS RELEASE) STOCKHOLM, 4-Dec-2020 — /EuropaWire/ — Multinational construction and development company Skanska announces that it has signed a binding Business Purchase Agreement (“BPA”) with M Group Services for the sale of its infrastructure services business in the UK for … Read the full press release

Reinventing the building industry: LafargeHolcim and Witteveen+Bos call on the world’s brightest students for the first 3D printing hackathon

The challenge: reinventing building design and methods of a 2-story residential building An online ideathon with the participation of world-class experts A final hackathon with live demonstrations in France in March 2021 Mentorship from leading experts, further collaboration and cash … Read the full press release

Skanska to invest in Beverly Hills office development project

(PRESS RELEASE) STOCKHOLM, 29-Oct-2020 — /EuropaWire/ — Multinational construction and development company Skanska (STO: SKA-B) announces it will invest USD 65 million (~ SEK 570 million / EUR 56 million), in its first Los Angeles office development project, which will … Read the full press release

SENER to improve and optimize processes and operations at Gate terminal

SENER was one of the companies in charge of the EPC construction of the Gate terminal plant (PRESS RELEASE) MADRID, 27-Oct-2020 — /EuropaWire/ — One of the largest liquefied natural gas (LNG) terminals in Europe, Gate terminal regasification plant, has … Read the full press release

Gråsjø and Trollheim hydro electric power plant dams and flood gate in Norway to be modernized by Skanska

(PRESS RELEASE) STOCKHOLM, 9-Oct-2020 — /EuropaWire/ — Multinational construction and development company Skanska announces contract with Statkraft Energi AS for the refurbishment and upgrade of four dams and one flood gate. The dams serve as reservoirs for Gråsjø and Trollheim … Read the full press release

China mortar market: Sika opens new production facility in Chengdu

(PRESS RELEASE) BAAR, 6-Oct-2020 — /EuropaWire/ — Sika (SWX: SIKA), a Swiss multinational leading specialty chemicals company, has announced it is opening a new production facility in Chengdu, China. With the new production facility, Sika has further expanded its capacity … Read the full press release

DNV GL completes technical due diligence of Spain’s largest single wind farm on behalf of Banco de Sabadell and Bankia

The Gecama wind farm will provide clean energy to approximately 260,000 Spanish households (PRESS RELEASE) MADRID, 13-Aug-2020 — /EuropaWire/ — DNV GL, the world’s largest resource of independent energy experts and certification body and part of Det Norske Veritas Holding … Read the full press release

Dutch-German transmission system operator (TSO) TenneT awards contracts for the longest offshore grid connection system BorWin5

The consortium of Siemens AG and Dragados Offshore S.A. has been awarded the contract for the construction of converter stations on land and at sea, while NKT HV Cables AB has been awarded the contract for the production and installation … Read the full press release

Skanska purchased 11,500 square meters of land in Houston from Houston Westmont LP for USD 27 million

(PRESS RELEASE) STOCKHOLM, 5-Aug-2020 — /EuropaWire/ — Skanska, one of the leading construction and development companies with substantial activities in the United States, has announced it has acquired some 11,500 square meters of land in Houston, TX, from Houston Westmont … Read the full press release

Sika in 1H2020: Despite COVID-19 growth in local currencies; focus on cash flow and liquidity; more favorable market conditions expected in 2H2020

Sales growth of 2.9% in local currencies to CHF 3,614.6 million (–3.2% in CHF) High negative currency effect of –6.1% (impact of minus CHF 225 million in sales and CHF 29 million in EBIT) Maintained high EBITDA margin of over … Read the full press release

Arkema acquires high-performance thermobonding adhesive powders specialist Fixatti

(PRESS RELEASE) COLOMBES, France, 20-Jul-2020 — /EuropaWire/ — Specialty chemicals and advanced materials company, Arkema announces the proposed acquisition of Fixatti, a company specialized in high-performance thermobonding adhesive powders. The acquisition is part of Bostik’s targeted growth strategy in high … Read the full press release

SMEs delivered 80% of the supplies and services for the new bridge in Genoa

(PRESS RELEASE) MILAN, 9-Jul-2020 — /EuropaWire/ — Leading construction group, with focus on large and complex projects, Webuild, formerly Salini Impregilo, has announced that almost 330 small and medium sized companies from across Italy provided more than €160 million in … Read the full press release

Evonik’s new combined gas and steam turbine power plant in Marl gets financial backing from KfW IPEX-Bank and Siemens Financial Services

Replacement for existing reserve gas power plant Built by Siemens Energy as the general contractor (PRESS RELEASE) FRANKFURT, 18-Jun-2020 — /EuropaWire/ — German state-owned development bank KfW has announced that its subsidiary KfW IPEX-Bank GmbH together with Siemens Financial Services … Read the full press release

Urban development: AF Gruppen starts site preparation and basement work at Clemenskvartalet, Bispevika Syd

(PRESS RELEASE) OSLO, 17-Jun-2020 — /EuropaWire/ — One of the largest civil engineering and construction companies in Norway AF Gruppen has announced that it has entered into a final agreement for the site preparation and basement work at Clemenskvartalet, Bispevika … Read the full press release

Skanska sells sustainable retirement home in Stockholm, Sweden for more than 30M EUR

(PRESS RELEASE) STOCKHOLM, 17-Jun-2020 — /EuropaWire/ — Multinational construction and development company, Skanska sells its sustainable retirement home in the new district of Täby Park in Stockholm, Sweden. The 80-apartment property was sold to SPP Fastigheter for more than 30M … Read the full press release

Skanska to rehabilitate and restore maintenance facilities for next-gen high-speed rail service in Northeast region, USA

(PRESS RELEASE) STOCKHOLM, 14-Apr-2020 — /EuropaWire/ — Skanska and Amtrak sign contract for the rehabilitation and restoration of maintenance facilities for the Next Generation Acela 21 high-speed rail service in Washington, D.C., Boston, and New York, USA. The USD 40 … Read the full press release

Skanska sells Solna United office building to a fund managed by DWS for more than 300 million euros

(PRESS RELEASE) STOCKHOLM, 21-Feb-2020 — /EuropaWire/ — Skanska announces divestiture of an office building in Solna, Sweden for about SEK 3.3 billion (more than 300 million euros). Solna United, located next to Solna station in Arenastaden, was acquired by a … Read the full press release

AF Gruppen selected as contractor for the extension of Gardermoen Park Inn Hotel

(PRESS RELEASE) OSLO, 20-Feb-2020 — /EuropaWire/ — AF Gruppen announces a design and build contract worth NOK 250 million excluding VAT (almost 25 million euros). The construction engineering company as been selected by Hotell Østre AS (Avinor) as contractor for … Read the full press release

Czech Republic: Skanska to upgrade the old D1 Motorway under CZK 1.4 billion agreement

(PRESS RELEASE) STOCKHOLM, 22-Jan-2020 — /EuropaWire/ — Construction and development company, Skanska, is set to modernize the 14-kilometer D1 motorway in Czech Republic under the CZK 1.4 billion (SEK 580 million) contract with the Road and Motorway Directorate.  The oldest … Read the full press release

Launching the SEAM Program, a New Framework Dedicated to the Sustainability of the Abrasive Industry

After years of unwavering commitment to quality and safety in the use of abrasives and production processes, European abrasive companies are again joining forces to implement sustainability measures industry-wide, thanks to SEAM. (PRESS RELEASE) PARIS, 21-Jan-2020 — /EuropaWire/ — Today, … Read the full press release

Hydro: Contemporary, Greener building for Ticon

(PRESS RELEASE) OSLO, 20-Jan-2020 — /EuropaWire/ — MODERN TICON BUILDING – The historic Ticon Building in Drammen, Norway has undergone modernization integrating Hydro’s low-carbon recycled CIRCAL aluminum but retaining its original architectural design. The Ticon Building, built in 1963, has … Read the full press release

Hirsch-BEWiSynbra consortium closes the acquisition of Saint-Gobain’s EPS business in France

(PRESS RELEASE) COURBEVOIE, France, 7-Jan-2020 — /EuropaWire/ — Saint-Gobain closes sale of its expanded polystyrene (EPS) business in France to the Austrian and Swedish consortium Hirsch-BEWiSynbra on December 31, 2019. In 2018, the EPS business in France generated sales of … Read the full press release

Wärtsilä inaugurates 58 MW gas power plant in Papua New Guinea

(PRESS RELEASE) HELSINKI, 18-Dec-2019 — /EuropaWire/ — Technology group Wärtsilä inaugurates the first ever utility-scale gas engine project in Papua New Guinea which was attended by the Hon. James Marape, Prime Minister of Papua New Guinea on 6 December 2019. … Read the full press release

Skanska sells 90% interest in the Bank of America Tower office property in Houston, Texas, USA for USD 373 M, about SEK 3.5 billion

(PRESS RELEASE) STOCKHOLM, 11-Dec-2019 — /EuropaWire/ — Skanska sells 90 percent interest in the Bank of America Tower office property in Houston, Texas, USA to an affiliate of Beacon Capital Partners. The transaction amounts to USD 373 M, about SEK … Read the full press release

Construction company Skanska bought 26,200 sq. m. of land in Bucharest, Romania for EUR 24 million

(PRESS RELEASE) STOCKHOLM, 3-Dec-2019 — /EuropaWire/ — Construction and project development company Skanska announced it has acquired some 26,200 square meters of land in Bucharest, Romania. The land was bought from Intero Property Development Estates SRL as the price agreed … Read the full press release