Normet has entered into an agreement with Sika to acquire its Aliva Equipment business assets. With the acquisition, Normet supports its growth strategy by strengthening its offering in sprayed concrete processes.
Akobo Minerals (Euronext Oslo – “AKOBO”), the Scandinavian-based Ethiopian gold exploration and boutique mining company, today announced that it has reached an agreement with the South African company Solo Resources (Pty) Ltd for delivery of a processing plant for production of gold at the Segele Mine.
Effective 1 January 2023, the publicly listed construction technology group Strabag will be led by a new CEO, as Klemens Haselsteiner succeeds Thomas Birtel, who will be stepping down as CEO after ten years at the helm upon reaching the specified age limit.
CPB Contractors Pty Limited
Cimic´s CPB selected for M12 western Package in Australia
The contract, funded by the Australian and New South Wales governments, will generate revenue of approximately $245 million for CPB Contractors. The joint venture is made up of CPB Contractors and the Georgiou Group.
The M12 Motorway will provide direct access to the new Western Sydney International (Nancy-Bird Walton) Airport and connect the airport to Sydney’s motorway network.
Cimic Group Executive Chairman and Chief Executive Officer Juan Santamaria said: “This is an exciting time for Western Sydney and CPB Contractors is applying its expertise on projects across the region. We are very pleased to have another opportunity to deliver an important part of the infrastructure required to support the new airport.”
CPB Contractors Managing Director Jason Spears said: “CPB Contractors will ensure that this project creates opportunities for local suppliers and sub-contractors. Our teams are experienced in safely delivering major road projects in Sydney and will deliver this road according to schedule, ensuring it is available before the Western Sydney International Airport opens.”
The M12 is an east-west motorway, running between the M7 Motorway at Cecil Hills and The Northern Road at Luddenham, and is being delivered in three sections. The western section package involves the construction of 6.1 kilometres of motorway including 11 bridges.
Work will commence this year and is scheduled to be completed in late 2025.
Source: Hochtief AG
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