Kazan allocated US$263.14mn road repair budget for 2012
Kazan Mayor Ilsur Metshin said authorities would allocate US$263.14million to repair the city’s road network in 2012, compared to a total of $197.66million spent over the previous five years.
May 15, 2012
Read time: 1 min
Kazan Mayor Ilsur Metshin said authorities would allocate US$263.14million to repair the city’s road network in 2012, compared to a total of $197.66million spent over the previous five years.
Councillors in Zimbabwe’s capital Harare have approved final details of the council's joint venture agreement with South African company Neo Capital for major roads' maintenance and rehabilitation in the city.
A special purpose vehicle (SPV) named Harare Roads Development Company will be established between Neo Capital and Harare. Neo Capital will own 49% of the SPV, while the remaining 51% will belong to Harare.
The joint venture period is 30 years. A total of US$400 million will be provided by Neo Capit
German light and compact equipment manufacturer, Wacker Neuson, saw its second-quarter 2012 profit fall 38% to €13.8 million, down from €22.5 million in Q2 2011. The Munich-based firm’s quarterly earnings per share dropped 37.5% to 0.20 euros from last year's 0.32 euros. On a more positive note the company’s revenue in Q2 2012 quarter rose 6.5% percent to €284.2 million, from €266.9 million euros in the prior-year quarter.
A new super-modifier is born from waste plastic in Italy and a soybean-based rejuvenator from the US spreads from its home market. By Kristina Smith
The two bitumen technologies featured this month come from almost opposing sources. One emerges from the human-created plastic waste plaguing our planet, the other from a plant. However, both technologies have been created with the same aims: to increase the life of roads, saving cost and ultimately reducing the impact of road building on the planet.
A coll
