(IN BRIEF) The Golubinja tunnel, the longest road tunnel in Bosnia and Herzegovina at 3.6 kilometers, has reached a significant milestone with the breakthrough of its left stretch. Part of the Poprikuše – Nemila motorway on the Pan-European Corridor Vc, … Read the full press release
Posted in Banks, Bosnia and Herzegovina, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged Adebayo Babajide, Andrijana Katić, Asim Cengiz, Bosnia and Herzegovina, construction, Denis Lasić, EIB, Golubinja tunnel, Longest Road Tunnel, partnership, Prime Minister Nermin Nikšić, Sandrine Friscia, sustainability
(IN BRIEF) STRABAG a.s., part of STRABAG SE’s Czech subsidiary, has secured a leading role in constructing Česká spořitelna’s new headquarters in Prague’s Smíchov district. This project, part of the Smíchov City development, will include four office buildings covering 75,000 … Read the full press release
Posted in Austria, Business, Construction, Czech Republic, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Česká spořitelna, construction, Futuristic Headquarters, Moritz Freyborn, partnership, Prague, Smíchov District, STRABAG, sustainability
(IN BRIEF) Associated British Ports (ABP) has generously donated £100,000 to fund the construction of a new D-Class lifeboat, named “ABP ONE,” for the Royal National Lifeboat Institution (RNLI). This donation underscores ABP’s commitment to safety and its recognition of … Read the full press release
Posted in Business, Environment, Financial, Industrial, Investment, Management, News, Security & Safety, Technology, Transportation & Logistics, United Kingdom
Tagged 'ABP ONE', ABP, construction, D-Class Lifeboat, Henrik L. Pedersen, Jamie Chestnutt, Mike McCartain, partnership, RNLI, safety, sustainability
(IN BRIEF) Helgesen Tekniske Bygg AS (HTB), a subsidiary of AF Gruppen, has secured a turnkey contract worth NOK 111 million excluding VAT with Høgafjellet Eigedom AS for the construction of a new warehouse and logistics facility in Espevoll, Osterøy … Read the full press release
(IN BRIEF) Holcim, a global leader in sustainable construction materials, recently acquired Land Recovery, a UK-based supplier specializing in recycled construction materials, as part of its commitment to circular construction practices. This strategic move aligns with Holcim’s goal to recycle … Read the full press release
(IN BRIEF) Seymour Whyte, a subsidiary of VINCI Construction in Australia, has secured a construction contract worth AUD 159 million from Australia Pacific Airports (Melbourne) Pty Ltd. The project aims to enhance access to Melbourne Airport by redeveloping the airport … Read the full press release
(IN BRIEF) Vestas embarks on a groundbreaking initiative to pilot Sustainable Aviation Fuel (SAF) at the Baltic Eagle Wind Farm in the Baltic Sea during 2024. The project entails Vestas technicians and jack-up vessel crew utilizing helicopters partly fueled by … Read the full press release
(IN BRIEF) Skanska has entered into an initial contract with Virginia Tech to embark on the construction of a cutting-edge College of Engineering in Virginia, USA, marking a significant milestone for the university’s infrastructure development. Valued at USD 53 million, … Read the full press release
(IN BRIEF) RWE, a key player in renewable energy, has commenced the construction of a new wind farm in the Rhenish lignite region, marking another milestone in the area’s energy transition. Set on recultivated land in the Inden opencast mine, … Read the full press release
(IN BRIEF) MYTILINEOS Energy & Metals, in partnership with Siemens Energy, has embarked on the construction of a 560 MW Combined Cycle Gas Turbine (CCGT) power unit at the Adamów Power Plant in Poland. The Engineering, Procurement, and Construction (EPC) … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Germany, Government, Greece, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Combined Cycle Gas Turbine (CCGT) Power Unit, construction, Germany, MYTILINEOS, partnership, Poland, Siemens Energy, sustainability
(IN BRIEF) Nordic Investment Bank (NIB) and Aalto University Foundation sign a EUR 45 million loan agreement for the construction and renovation of Aalto University campus buildings in Espoo, Finland. The funding supports projects aimed at enhancing higher education, research, … Read the full press release
Posted in Banks, Construction, Education, Financial, Finland, Industrial, Infrastructure & Utilities
Tagged Aalto University, Aalto University Foundation, Aalto-korkeakoulusäätiö sr, construction, Espoo, financing, Finland, K3, Kide, Kide buildings, loan, Marsio, NIB, Otaparkki, renovation
(IN BRIEF) Vattenfall’s Hollandse Kust Zuid Offshore Wind Farm marks a significant shift in offshore wind turbine construction with the introduction of reusable monopile covers. Traditionally, covers were disposed of after use, but this innovative solution, developed by CCM B.V., … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Sweden
Tagged CCM B.V., construction, Hollandse Kust Zuid (HKZ), Michiel Kraak, Monopile Covers, Netherlands, offshore wind farm, Olaf Rick, partnership, sustainability, Vattenfall
(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
Posted in Business, Construction, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway
Tagged AF Gruppen, construction, Drammen, hotel, office building, partnership, Strøm Gundersen AS, sustainability
(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
(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
Posted in Business, Construction, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged acquisition, Australia, construction, CSR Limited, partnership, Saint-Gobain, sustainability
(IN BRIEF) Skanska has secured a contract with LGAFUEL LLC for the construction of the LaGuardia Airport Jet Fuel Transmission Systems project in Queens, New York, USA. Valued at USD 113 million (about SEK 1.2 billion), the project involves the … Read the full press release
(IN BRIEF) Eni has officially confirmed its plan to build Italy’s third bio-refinery in Livorno, as part of its decarbonization strategy aiming for carbon neutrality by 2050. The project includes the construction of three new facilities for the production of … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News
Tagged Bio-Refinery, construction, Eni, Italy, Livorno, sustainability
(IN BRIEF) Holcim plans to list its North American business in the US, creating a leading pure-play building solutions company. The listed business aims to focus on long-term growth in the North American market and unlock value for stakeholders. Jan … Read the full press release
Posted in Business, Construction, Industrial, Investment, Management, Switzerland
Tagged Arps, Bär & Karrer AG, construction, Goldman Sachs International, holcim, infrastructure, Jan Jenisch, Meagher & Flom LLP, Perella Weinberg Partners, Skadden, SLATE, sustainable building solutions, Swiss Market Index
(IN BRIEF) The Nordic Investment Bank (NIB) and Skanska Financial Services AB have entered a six-year USD 75 million sustainability-linked loan agreement. This loan’s interest rate margin is tied to Skanska’s climate targets, including a 70% reduction in absolute GHG … Read the full press release
Posted in Banks, Construction, Energy, Gas & Oil, Environment, Financial, Finland, Industrial, Infrastructure & Utilities, Investment, Sweden
Tagged André Küüsvek, climate targets, construction, Key Performance Indicators, KPI, loan, NIB, reducing CO2 emissions, Skanska, Skanska Financial Services AB, sustainability-linked loan, The Nordic Investment Bank
(IN BRIEF) Logicor, a prominent European logistics real estate owner, manager, and developer, has completed a redevelopment project in San Giorgio di Piano, Italy, enhancing its sustainability features. The project transformed the site, previously occupied by Mercatone Uno, into a … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Real Estate, Technology, Transportation & Logistics, United Kingdom
Tagged Bologna, construction, Graeme Hepburn, Logicor, partnership, sustainability, Warehouse Redevelopment
(IN BRIEF) Saint-Gobain has announced its acquisition of Menkol Industries Private Limited, a prominent Indian manufacturer specializing in high-value waterproofing systems. This strategic move enhances Saint-Gobain’s position in the Construction Chemicals sector, focusing on specialty building materials within the dynamic … Read the full press release
(IN BRIEF) Logicor, a prominent European logistics real estate owner, manager, and developer, has achieved a significant construction milestone in the redevelopment of its flagship UK scheme, Logicor Park Daventry. Acquired in 2021, the site is being transformed into three … Read the full press release
(IN BRIEF) Skanska, a leading construction company, has announced a new contract agreement with North Carolina State University for the construction of a cutting-edge integrative sciences building in Raleigh, North Carolina, USA. This project, valued at USD 106 million (approximately … Read the full press release
(IN BRIEF) Paris-based GTT has entered into a Technical Assistance and License Agreement (TALA) with COSCO Shipping (Qidong) Offshore, a subsidiary of China COSCO Shipping Corporation Limited. Under this agreement, COSCO Shipping (Qidong) Offshore gains the rights to construct GTT’s … Read the full press release
(IN BRIEF) Webuild Group, a leading international infrastructure company, is focusing on workplace safety, process efficiency, and sustainability in response to the global energy transition. The company’s General Manager, Massimo Ferrari, highlighted their commitment during an address at the “Sustainability … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) has provided a €34 million loan to the Ca’ Granda Fund, managed by Investire SGR, to support the construction of new social housing units in central Milan. Over 200 apartments in the Sarpi … Read the full press release
Posted in Banks, Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Luxembourg, Management, News, Real Estate
Tagged Cariplo Sergio Urbani, construction, Dario Valentino, EIB, Giancarlo Scotti, Gilles Badot, Marco Giachetti, Milan, partnership, Sarpi District, social housing, sustainability
(IN BRIEF) SAP has revealed that The Hilti Group, a leading provider of hardware, software, and services to the construction industry, is using the Circelligence solution to enhance its resource circularity. Developed with Boston Consulting Group (BCG), the tool is … Read the full press release
Posted in Construction, Germany, Industrial, Management, Technology
Tagged Alexander Meyer zum Felde, BCG, Boston Consulting Group, Caroline Stern, Circelligence, circular economy, Circularity, construction, hardware, raw materials, resources, SAP BTP, SAP Business Technology Platform, SAP SE, Scott Russell, software, supply chain, sustainability, The Hilti Group, transparency
(IN BRIEF) On Wednesday, November 22, construction will begin on Vesteda’s new-build Zuiderhof complex in Rotterdam. This development, situated in the Vreewijk garden village in the Feijenoord district, will consist of 160 two, three, and four-room apartments in the mid-rental … Read the full press release
(IN BRIEF) Peab, SSAB, Ruukki Construction, and Wihlborgs have unveiled the world’s first building constructed entirely with fossil-free steel in Lund, Sweden. The industrial facility named “Tomaten 1” represents a significant milestone in reducing the carbon footprint of the construction … Read the full press release
Posted in Construction, Environment, Industrial, Infrastructure & Utilities, Metals and Minerals, Sweden
Tagged Christina Friborg, civil engineering, climate neutrality, construction, fossil-free steel, Hasslanda, Jesper Göransson, Lund, Peab, Romina Pourmokhtari, Ruukki Construction, Sami Eronen, SSAB, Sweden, Tomaten 1, Ulrika Hallengren, Wihlborgs
(IN BRIEF) ECE and Thalia are collaborating on a EUR 100 million project to create an innovative commercial and production site in Marl. Thalia, a leading German omni-channel bookseller, aims to expand its capabilities through this venture, which will involve … Read the full press release
(IN BRIEF) Rönesans Group has reaffirmed its status as a leading construction company, securing the 38th spot on ENR’s prestigious 2023 “World’s Top 250 International Contractors” list. This ranking reflects Rönesans’ consistent presence among the top 10 contracting companies in … Read the full press release
Posted in Awards, Business, Construction, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Turkey
Tagged Awards, construction, contractors, Erman Ilıcak, Europe, investment, İpek Ilıcak Kayaalp, Rönesans Group
(IN BRIEF) bp has commenced construction on the 187MWdc Peacock Solar project, located near Corpus Christi in Texas. This solar installation will generate renewable energy that will be sold to Gulf Coast Growth Ventures (GCGV), a joint venture between ExxonMobil … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged clean energy transition, construction, Dave Lawler, ExxonMobil, GCGV, Lightsource BP, partnership, Paul Fritsch, PCL Construction, Peacock Solar Project, SABIC, sustainability, Texas
(IN BRIEF) GROPYUS, a proptech firm specializing in sustainable modular construction, and KUKA, an automation specialist, have announced a groundbreaking collaboration to create a fully automated and digitally managed production facility at GROPYUS’s Richen site in Germany. The investment, valued … Read the full press release
(IN BRIEF) E.ON, the energy company based in Essen, along with contributions from its employees, is financing the construction of a primary school in Hatay, Turkey, which was severely affected by earthquakes in February 2023. Following the earthquakes, E.ON initiated … Read the full press release
Posted in Business, Construction, Education, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Non Profit, Turkey
Tagged construction, E.ON, Earthquake-Hit, Employees, EnerjiSA, fundraising, Hatay, Murat Pinar, partnership, Sabanci, school, sustainability, Turkey, Victoria Ossadnik
(IN BRIEF) Holcim has inaugurated its Innovation Hub in Lyon, France, designed to showcase sustainable building solutions and foster collaboration in the pursuit of low-carbon, circular, and energy-efficient construction methods. The multi-story Hub accommodates start-ups, think tanks, and experts, serving … Read the full press release
Posted in Business, Construction, Environment, Germany, Industrial, Infrastructure & Utilities, Switzerland, Technology
Tagged building solutions, circular construction, construction, drive energy efficiency, ECOCycle®, ECOPact® concrete, ECOPlanet® cement, Elevate boards to Airium®, France, holcim, Holcim’s Global R&D center in Lyon, Innovation Hub, insulation systems, Miljan Gutovic, Nollaig Forrest, recycle construction demolition materials, roofing, sustainable building solutions
(IN BRIEF) BASF has initiated the construction of a groundbreaking syngas plant at its Verbund site in Zhanjiang, China. This large-scale facility, slated to begin operation in 2025, stands out due to its unique process concepts designed to minimize carbon … Read the full press release
(IN BRIEF) Skanska has entered into an agreement with the Municipality of Bergen in Norway to construct the Midtbygda care home. The contract is valued at approximately NOK 548 million (about SEK 550 million) and will be part of Skanska’s … Read the full press release
(IN BRIEF) Suomen Lantakaasu Oy, a joint venture between Valio and St1, is making progress with the construction preparations for a biogas production plant in Kiuruvesi, Finland. The company has finalized the site location through consultations with residents and agreement … Read the full press release
(IN BRIEF) The keel laying ceremony for the first of two new Polish signals intelligence (SIGINT) ships was held at Remontowa Shipbuilding S.A. in Gdansk, Poland. Saab was awarded the contract to design and produce the SIGINT ships for the … Read the full press release
(IN BRIEF) The future campus of Empa and Eawag is being designed as a leading example of environmentally friendly and climate-conscious construction. The campus incorporates various energy-saving and energy-generating ideas, from geothermal probes for seasonal energy storage to the use … Read the full press release
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