News

Hitex International announces joint venture with Trans Metalite India
May 5, 2016
Hitex International Group, a UK global provider of road safety and surfacing solutions, has partnered with Trans Metalite India, a New Delhi-based supplier of highway infrastructure solutions.“Metalite Hitex Group has been formed to meet the often complex difficulties facing India’s highway infrastructure network,” said Finn Goff, group commercial director at Hitex International Group. “Together we will focus on developing cost effective Indian solutions to Indian problems rather than trying to implement pr
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Motenegro motorway project underway
May 4, 2016
Work is now proceeding as planned on a key motorway project in Montenegro, according to the country’s Ministry of Transport and Sea. The project for the new Bar-Boljare motorway is being carried out by the China Road and Bridges Corporation (CRBC), and the China Communications Construction Company (CCCC).
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Second giant moveable scaffolding system set for Mersey Gateway
May 4, 2016
A second movable scaffold system (MSS) is on its way from China to the UK town of Halton, as part of the Mersey Gateway Project, a toll bridge over the Mersey River in England. The machine will be used to build the south elevated approach viaduct that will connect the main road network in the town of Runcorn to the Mersey Gateway Bridge, now under construction.
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Last section of Osman Gazi Bridge lifted into place over Izmit Gulf
May 4, 2016
The last section of the 3km İzmit Bay Bridge – now officially the Osman Gazi Bridge - was lifted into place on April 21, according to Turkish media. When open later this summer, the bridge will cut the 70-minute drive around İzmit Gulf, on the Sea of Marmara, to just six minutes.
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Italian construction machine market growing
May 4, 2016
A slow but steady improvement in machine sales is being observed in Italy as the market recovers. Over the first three months of 2016, 1,977 construction machines have been sold into the Italian market, according to the country’s construction equipment manufacturing association, the UNACEA. This gain in sales represents an increase of 29% compared to the same period in 2015. The sales were for 1,879 earthmoving machines and 76 road machines.
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German Autobahn widening project near Duisburg
May 3, 2016
A major Autobahn widening project is planned in Germany for the busy A59 link near Duisburg. This Autobahn currently has four lanes but suffers heavy congestion at peak periods, with frequent delays and jams occurring. As a result, the stretch of the route will be widened to six lanes. The existing Berliner Bridge will also have to be demolished and rebuilt as it will be too narrow for the much wider Autobahn.
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Philippines to rethink Laguna Expressway highways work
May 3, 2016
The Philippines might separate a 47km six-lane road construction element from a complicated land reclamation and dike development contract recently shunned by preferred bidders. None of the three qualified bidders for the Laguna Lakeshore Expressway Dike public-private partnership deal submitted final bids for the contract. There were concerns over the legality of reclaiming 700 ha of land and whether investors could make money from it.
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Vinci Autoroutes wins the A45 toll motorway contract in France
May 3, 2016
French company Vinci Autoroutes has been awarded a contract for the construction and operation of the A45 toll motorway linking Lyon to Saint-Etienne. The 50km four-lane project will need €1.2 billion of investment but have an €845 million subsidy. Opening is expected in 2022 and the concession is for 55 years.
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Planned Paraguay PPP project postponed
May 3, 2016
Bidding for Paraguay’s route II and route VII Ypacarai-Pastoreo road expansion project has been postponed. Instead Paraguay’s Ministry of Public Works and Communications (MOPC) says that the bidding will commence on 29th June 2016. This delay follows requests by some participants in this process. However, this is the fourth time that the opening of the bidding for the project has been delayed.
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Metropistas picks up 10-year toll road extension in Puerto Rico
May 3, 2016
Metropistas has been granted a 10-year extension to its PR5 and PR22 toll road concessions in Puerto Rico, up to 20161. Metropistas, a subsidiary of Spanish operator Abertis, signed the agreement with the Puerto Rico Highways and Transportation Authority. The agreement entails payment of $115 million to the Authority and a redistribution of the company's future revenue. PR22 is the 83km San Juan-Arecibo highway and PR5 is the 4km urban San Juan-Bayamon highway.
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Ukraine to boost motorway budget for 2016
April 29, 2016
The new prime minister of the Ukraine, Vladimir Groisman, said the government will boost spending on motorways from $563 million to nearly $750 million this year. A total of 1,700km of roads will be repaired or constructed. Some estimates suggest around 97% of motorways need sort form of repair work.
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Palfinger Q1 performance boosts confidence for full year
April 29, 2016
Crane and lifting manufacturer Palfinger Group has reported a record increase for first quarter revenue, up by 9.1% to €318.8 million (Q1 2015: €292.3 million). EBIT – earnings before interest and tax - also showed an “extraordinarily strong increase” of 28.6% from €23.5 million to €30.2 million, which is a new record as well. “This generated a marked increase in the EBIT margin, which came to 9.5%, as compared to 8% in the first quarter of the previous year.”
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STRABAG sees profits grow
April 29, 2016
Construction company STRABAG has seen its financial performance improve during the 2015 financial year. The firm’s earnings before interest and taxes (EBIT) reached €341.04 million, an increase of 21% over the previous year. Double-digit growth was also achieved in net income (after minorities), with a gain of 22% to €156.29 million, while earnings/share grew from €1.25 to €1.52. These developments have compelled the management board to propose to the AGM planned for June 2016 a dividend of €0.65, which wil
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Russia’s part of Europe-Western China road to cost over $11 billion
April 27, 2016
According to Russia’s Federal Centre of Project Financing, the cost of building the Russian part of the international route Europe-Western China may exceed US$11.74 billion. Its length will total 2,192km and construction will last about four years. Chinese companies are named among the most promising investors.
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What Next at CONEXPO-CON/AGG and IFPE exhibition 2017 in Las Vegas
April 27, 2016
The world’s first use of 3-D printed steel in an excavator will be on show at the CONEXPO-CON/AGG and IFPE exhibition in Las Vegas next year, according to the organisers. The excavator will be designed by engineering students and constructed – in a process known as additive manufacturing – for the event 2017 at the Las Vegas Convention Center, from March 7-11, 2017.
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