Salini Impregilo enters the Norwegian market for the first time with the signing of a €388-million civil works contract to upgrade a 13.6-kilometre section of a rail line between the towns of Nykirke and Barkaker south of Oslo. The contract is the latest effort by the Group to expand in countries that are investing in infrastructure and carry a lower risk profile, such as Australia and the United States.
Sika is expanding its production capacities in Southeast Europe by bringing a further mortar facility as well as a warehouse for raw materials and end-products on stream at its Simanovci site in Serbia. The plant, which is located near Belgrade, has been continuously expanded in recent years to keep pace with the dynamic development experienced by the region’s construction sector and strong Sika growth.
Sika is starting operations at a plant in Doha, Qatar, for the production of concrete admixtures. The country on the east coast of the Arabian peninsula is an attractive market thanks to large-scale infrastructure investment and a number of mega projects, both ongoing and planned.
Sika is developing its mortar plant in Alexandria, Egypt, and investing in additional production lines. This expansion will bring its capacities into line with the rising demand from the booming construction market. Egypt has one of the largest populations of all the countries in the region, with some 100 million inhabitants and a thriving construction industry.
Superior Industries Inc., a U.S. based manufacturer and global supplier of bulk material processing and handling systems, says industry veteran Cary Octavio is its new territory sales manager for conveyor components in the Northeast United States. Octavio comes to Superior after almost 30-years of sales and service in bulk material handling markets.
Sika has agreed to acquire Arcon Membrane Srl, a leading manufacturer of roofing and waterproofing systems in Romania. By acquiring Arcon, Sika will significantly strengthen its position in the Romanian market and extend its product portfolio to meet the increasing demand for complete solutions in the roofing and waterproofing markets. The acquired business generates annual sales of CHF 23 million. The transaction is subject to approval by the Romanian anti-trust authority.
Sika has opened a new production plant in Central America, located in Palin in the metropolitan area of Guatemala City. This move further expands the company's market position in the emerging countries of the region. The portfolio of locally manufactured products includes concrete admixtures, mortars, and liquid applied membranes, which will be used to supply the neighboring countries of Honduras and El Salvador as well as the domestic market.
SNC-Lavalin has been closely following developments in regards to the media coverage and commentary of the dispute between Canada and the Kingdom of Saudi Arabia, resulting in the suspension of new trade with Canada. We have had questions from investors, analysts and media, and therefore, in accordance with our disclosure practices, we are giving this update.
Virginia Grebbien, Parsons Corporate Executive Vice President & Chief of Staff, joins Los Angeles Mayor Eric Garcetti, City Council Members as well as business and civic leaders this week on a trade mission to Asia. Ms. Grebbien joins the delegation for meetings in Vietnam and Hong Kong.
Elkuch Bator AG Switzerland and ATA Hill & Smith AB Sweden enter a cooperation agreement for the development of the Swedish and Norwegian tunnel markets.
Dywidag-Systems International and Liuzhou OVM Machinery Co (OVM) sign a production joint venture and establish a sales joint venture between Dywidag-Systems International, OVM, Xinergy GmbH and EZ corp.
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.
The factory of Kingnor Mining Equipment Co., Ltd. (Kingnor), the joint venture company formed by Normet Group and JCHX Mining Management Co Ltd, was inaugurated in Daye, Hubei Province, China
Bauer Spezialtiefbau GmbH has significantly shaped the development and advancement of specialist foundation engineering and is a reliable partner undertaking excavations, foundations, cut-off walls and ground improvement all over the world. In order to be able to react optimally to the particularities and demands of the respective foreign market, there are meanwhile over 40 subsidiaries providing Bauer's specialist foundation engineering expertise and technical knowledge all over the globe, allowing Bauer to look back on over a decade of success in Latin America.
Sika is laying the foundation for further growth in Central America by establishing a national subsidiary in Honduras. With the new subsidiary customers will benefit from faster supply of Sika products and solutions as well as an expanding product range.
The story of Bauer Egypt S.A.E., the third oldest overseas subsidiary of Bauer Spezialtiefbau GmbH, is a true success story. The company has been involved in the construction of numerous bridges on the Nile, the first-ever bridge over the Suez Canal and several barrages. The subsidiary’s long list of past and present projects also includes many inner-city specialist foundation engineering projects – often in Cairo, where the company with its almost 1,500 employees has its headquarters.