Business & Industry
Infrastructure
Agility Trains, DfT reach financial close on IEP project
The UK Department for Transport (DfT) and Agility Trains (comprising Hitachi Rail Europe and John Laing Investments) have signed a contract for the DfT’s Intercity Express Programme (IEP) and confirmed financial close for Phase 1 of the project....
Construction Equipment
Putzmeister buys truck mixer producer Intermix
Chinese-owned Putzmeister has signed a deal to acquire one of Europe's leading manufacturers of concrete truck mixers and special mixers, Intermax, in a deal worth $9.8 million. Founded in 1984 by Hans-Georg Stetter, son...
Infrastructure
Reading railway station redevelopment reaches bridge slide
Construction work on the Reading railway station has reached the stage of a major bridge slide across the rail tracks. The new 100m deck is being constructed in three sections at a site beside...
Transport
Network Rail invests $156 million to upgrade railway around Nottingham
UK-based rail infrastructure operator Network Rail has announced that it is refurbishing the railway around Nottingham, UK with a £100 million ($156.2 million) investment. The infrastructure work will range from new and refurbished station...
Construction Equipment
Speedy wins $50 million equipment rental services contract from ZADCO
UK-based equipment support service provider Speedy has been awarded a $50 million contract to provide logistics, asset management and equipment rental services for Zakum Development Company’s UZ 750 Upper Zakum field in Abu Dhabi, UAE. ...
Transport
BECHTEL TEAM COMPLETES DULLES RAIL AERIAL GUIDEWAY
The Bechtel-led team building Phase 1 of the Dulles Corridor Metrorail project has completed construction of the aerial guideway that will carry Metrorail trains and passengers over major highways and through Tysons Corner, one of Virginia’s busiest retail...
Transport
EIB provides $63 million loan for Mettis transport project in France
The European Investment Bank (EIB) has provided a €50 million ($63 million) loan to finance the Mettis project in Metz, France. The loan amount will finance the installation of 17.5km of exclusive bus lanes on...
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