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Hidromek acquires Mitsubishi’s Motor Grader Business Division
Hidromek has acquired Mitsubishi Heavy Industries’ (MHI) Motor Grader Business Division. The deal was signed in Ankara, Turkey. Motor graders are used predominantly for tasks such as ground preparation, road building, and snow removal. By adding this...
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GE wins nearly $700 Million contract from Saudi Electricity Company to help meet Saudi Arabia’s growing power needs
GE has signed a nearly $700 million contract with Saudi Electricity Company (SEC) to bring additional F-class combined-cycle gas turbines, and associated equipment and services, to the Kingdom of Saudi Arabia. GE’s technology will support SEC’s large, combined-cycle power...
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The Government of Vietnam to develop Long Phu 2 Power Project
Mr. Nguyen Khac Tho, Deputy Director General of Vietnam's General Directorate of Energy signed the MoU with Mr. Anil Sardana, Managing Director of Tata Power which is India’s largest integrated power company in the presence of Dr. Manmohan...
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North American pipeline industry is all set to spend $4.3bn on new onshore pipelines in 2013
The North American pipeline industry is in process of spending $4.3 billion on new onshore pipelines in 2013 according to information from a new database, announced by leading energy business research & consulting firm Douglas-Westwood. DW...
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Inland Real Estate forms JV to develop shopping centres in southeastern US
Inland Real Estate has formed a joint venture (JV) with MAB American Retail Partners to develop grocery-anchored shopping centres in select markets across the southeastern US. The five-year development programme will target metropolitan areas in...
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EIB to provide additional loan for Polish motorway project
The European Investment Bank (EIB) has agreed to provide €250 million ($335 million) to Bank Gospodarstwa Krajowego (BGK) for the construction of a further section of the A1 motorway in Poland. Under the plans, a...
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C.F. Møller to design new residential complex in Stockholm, Sweden
C.F. Møller Architects has won a competition to design a residential complex in Stockholm, Sweden. The architectural firm won the competition, which was launched by the Swedish housing association HSB, in cooperation with the architects...
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