Tag Archives: construction

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

LafargeHolcim adds new production facilities in Africa for its sustainable and affordable housing solution, Durabric

(PRESS RELEASE) JONA, Switzerland, 27-Nov-2019 — /EuropaWire/ — LafargeHolcim adds more production capacity for its Durabric soil-stabilized bricks with new a plant located in Malawi. As part of 14Trees, its joint venture with CDC Group, the new plant will industrialize … Read the full press release

GlobalConnect to lease 9,250 square meters at CPH Highline in Copenhagen from Skanska

(PRESS RELEASE) STOCKHOLM, 6-Nov-2019 — /EuropaWire/ — Skanska signs 8-year lease on 9,250 square meters and 115 parking spaces at the office complex CPH Highline in Copenhagen, Denmark. The lease contract was signed with GlobalConnect A/S which will move into … Read the full press release

NIB and Westra Wermlands Sparbank to improve access to financing for SMEs in western Sweden with new loan programme

(PRESS RELEASE) HELSINKI, 31-Oct-2019 — /EuropaWire/ — NIB and Westra Wermlands Sparbank sign seven-year loan programme of SEK 300 million (EUR 27.8 million) to help small and medium sized enterprises (SMEs) and environmental projects in western Sweden. This will improve … Read the full press release

VINCI Construction participates in the expansion of the Annacis Island wastewater treatment facility in Greater Vancouver, Canada

(PRESS RELEASE) PARIS, 16-Oct-2019 — /EuropaWire/ — VINCI Construction to build new pipelines for the Annacis Island wastewater treatment plant near Vancouver. The contract is via its subsidiary Bessac and in a general partnership with the Canadian Pomerleau company. The … Read the full press release

Skanska takes part in major transformation of Ulven district in Oslo

(PRESS RELEASE) STOCKHOLM, 17-Sep-2019 — /EuropaWire/ — Skanska signs contract with Obos to build 168 apartments in Oslo, Norway. The NOK 344 M (about SEK 370 M) worth project is part of a major transformation of the Ulven district in … Read the full press release

Sika expands its presence in China and the Asia Pacific with the acquisition of silicone sealants and adhesives manufacturer Crevo-Hengxin

(PRESS RELEASE) BAAR, 9-Sep-2019 — /EuropaWire/ — Sika expands its Target Markets Industry and Sealing & Bonding presence in China and the Asia Pacific region with the acquisition of Crevo-Hengxin. Sika also will gain additional silicone technology and a production … Read the full press release

Sika further strengthens presence in West Africa with a new mortar manufacturing facility in Cameroon

(PRESS RELEASE) BAAR, 4-Sep-2019 — /EuropaWire/ — Sika further starts operations in new facility for mortars in Cameroon, further expanding its presence in West Africa. The company invests in a new mortar manufacturing facility following the foundation of the national … Read the full press release

Pöyry announces EPCM assignment to develop the BoP of Bracell’s Project Star in Brazil

(PRESS RELEASE) VANTAA, 28-Aug-2019 — /EuropaWire/ — Pöyry awarded with an EPCM (Engineering, Procurement, Construction, Management) assignment from Bracell. The contract is to develop the BoP (Balance of Plant) of the Project Star located in Lençóis Paulista, state of São … Read the full press release

Skanska selected to construct and develop 13-acre high school campus in Burien, Washington, USA

(PRESS RELEASE) STOCKHOLM, 28-Aug-2019 — /EuropaWire/ — Skanska signed USD 113.5 M (about SEK 1.1 billion) worth contract to build a replacement high school for Highline Public Schools in Burien, Washington, USA. The contract will be included in the US … Read the full press release

MYTILINEOS subsidiary METKA EGN signs EPC and O&M contract for new solar plant in Chile

(PRESS RELEASE) ATHENS, 12-Aug-2019 — /EuropaWire/ — METKA EGN signed a contract with Atacama Solar S.A. to undertake the engineering, procurement and construction (EPC) and operation and maintenance (O&M) services for two years of the Atacama Solar II 170,65MWp PV … Read the full press release

Wärtsilä to supply second dredger to Damen Shipyards that will be one of the most environmentally sustainable ships of its type in service

(PRESS RELEASE) HELSINKI, 15-Jul-2019 — /EuropaWire/ — Wärtsilä again selected by Damen Shipyards Group to provide the main propulsion solutions for a large Marine Aggregate Dredger (MAD). The dredger is being built for Hanson Aggregates. The order was signed with … Read the full press release