Tata Construction Products is a major player in the European road protection market and aims to boost its share of business - Mike Woof writes. Part of the massive Tata Group, Tata Construction Products is a major player in Europe’s business segment for steel guard rails. Rodney Rice, marketing manager, Tata Steel Construction Products, said, “Our market is predominantly Europe.”
Fiat Industrial (FI) plans to create a new holding company by merging with CNH, the construction and agricultural equipment manufacturer it already has a controlling 88% stake in. Under the FI plans the combined new holding company would be incorporated in the Netherlands, with a primary stock market listing in New York and a secondary listing in Europe.
Russia will shortly become part of the World Trade Organisation (WTO). This is a key development for the construction equipment market as all member states of the WTO will benefit economically by having favoured-nation trade status with Russia. The exception to this however will be the US, which is currently prevented from granting Permanent Normal Trade Relations with Russia until Congress repeals the Jackson-Vanik Amendment. This 1974 amendment was originally put in place in response to the Soviet Union p
