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Bauer Spezialtiefbau GmbH improves Ground for a new German Highway Section

Germany has one of the longest highway networks in the world, coming in after China, the USA and Spain. According to the German Federal Statistical Office, it comprises almost 13,000 kilometers, and continues to be extended. The expansion and new construction of the German highway network is particularly important in view of eliminating traffic bottlenecks and opening up, or rather connecting, structurally weak regions – eventually, economic growth also means traffic and mobility growth. Several new road sections are currently under construction, including section 5.1 of the federal highway A 72 in the district of Leipzig, where Bauer Spezialtiefbau GmbH is also involved in a joint venture.

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Strabag Subsidiary Züblin to build new Kriegsstraße Car Tunnel in Karlsruhe in Germany

Karlsruher Schieneninfrastruktur-Gesellschaft mbH (KASIG) is putting its trust in the civil engineering competence of Ed. Züblin AG. The Strabag Group subsidiary is leading a consortium with Schleith GmbH to build the Kriegsstraße car tunnel in Karlsruhe. The two-lane tunnel in Kriegsstraße is the second part of the Kombilösung public transport infrastructure project to build an efficiently functioning rail network for the local public transport and to reduce the volume of traffic in central Karlsruhe. The contract for the road tunnel has a value in the low triple-digit millions.

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NDC Partnership, matching Climate Finance with Action

Fourty-two countries signed to the NDC Partnership, which was launched, on Tuesday November 15, at COP22 Moroccan Pavilion with the aim of enhancing cooperation among nations so that developing countries have more effective access to the technical knowledge and financial support necessary to deliver on their Nationally Determined Contributions (NDCs).

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Bauer AG's nine-month Figures behind Expectations

  • Total Group revenues are down by 4.1 % to EUR 1,146.3 million;
  • EBIT improves by 4.4 % to EUR 38.0 million (previous year: EUR 36.4 million); Earnings after tax are EUR -4.0 million (previous year: EUR -2.7 million).
  • The order backlog remains stable at a high level of EUR 1,019.0 million
  • The full-year forecast has been corrected.
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SMT Scharf boosts Profitability on reduced Revenue

SMT Scharf AG is reporting a considerable improvement in its operating results during the first months of the current fiscal year. The declining revenue trend at the start of the year stabilised in the third quarter, reflecting robust service business offsetting reductions in new equipment business.

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K+S Group: Revenues and Earnings down significantly as expected

  • Revenues: 9M: € 2.5 billion (9M/15: € 3.2 billion) / Q3: € 688 million (9M/15: € 891 million)
  • EBIT I: 9M: € 202 million (9M/15: € 628 million) / Q3: € -31 million (9M/15: € 132 million)
  • Lower price level particularly in the Potash and Magnesium Products business unit
  • Production limitations due to restricted deep-well injection permit at Werra plant
  • Outlook: EBIT I between € 200 million and € 260 million in 2016
  • Legacy: Replacement of the damaged process vessel has started; first tonne in the second quarter of 2017
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