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Construction

Skanska AB named Richard Kennedy an Executive Vice President of Skanska AB and President and Chief Executive Officer of Skanska USA, overseeing the company's construction operations in the United States, the US corporate staff functions and Skanska's infrastructure development operations.

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Salini Impregilo’s U.S. subsidiary, The Lane Construction Corporation, has won a $181-million design-and-build contract to widen Interstate 85 (I-85) in Cherokee County, South Carolina, confirming their leadership in the road and highway sector in the United States where Lane registered a 16.1% rise in revenues and a record order backlog of €3 billion in 2017.

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Siemens will be exhibiting at the "SPS IPC Drives" 2017 with an array of applications and examples of how machine and plant builders can sharpen their competitive edge with digitalisation.

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Skanska invests EUR 48M, about SEK 460M in phase I of Nowy Rynek, a mixed-use project located in Poznan, Poland. The six-story office building will have a total leasable area of around 25,000 square meters, with two underground parking levels. 

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Construction giant Skanska is to invest EUR 27m in the new office project, Praga Studios, in Prague. The seven-floor building will offer a total leasable area of about 12,000 square meters.

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Toromont Industries Ltd, a diversified industrials company providing specialized capital equipment and ongoing support to customers in various sectors, today announced that it has entered into a definitive agreement to acquire the businesses and net operating assets of the Hewitt Group of companies in exchange for consideration of $917.7 million cash plus the issuance of 2.25 million Toromont shares (nominally $100 million based on 10 day average share price as at signing) for a total consideration of $1.0177 billion.

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Archaeologists working on the A14, the biggest road project currently under construction in the UK, have discovered a Roman trade distribution centre, an abandoned medieval village and three prehistoric monuments, among many other nationally significant archaeological discoveries.

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VINCI Construction finalised the acquisition of the Seymour Whyte company based in Queensland.

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