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Lane (Salini Impregilo) ready to expand further in U.S. with new President

Salini Impregilo is ready to expand further in the United States, its biggest market by revenue, with a new commercial strategy. With an order backlog at the end of June exceeding $4 billion and new orders totalling more than $800 million including contracts that are new or in the process of being finalised, as well as best offers, the Group aims to increase its market share with new projects in the transport, water and tunnelling sectors.

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Thyssenkrupp announces fundamental strategic Realignment

Disclosure of an inside information according to Article 17 MAR:

  • Thyssenkrupp and Tata Steel expect European Commission to block planned steel joint venture
  • Executive Board proposes fundamental strategic realignment to Supervisory Board with IPO of elevator business instead of separation
  • antitrust proceedings expected to end
  • earnings forecast adjusted
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Sika opens Plant in Guatemala and strengthens Presence in Central America

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.

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Sika acquires Concrete Fiber Company in the USA

Sika has acquired the global Concrete Fibers business from Propex Holding, LLC, which includes a US plant manufacturing synthetic fibers for use in concrete reinforcement, sales operations in Sika's three geographical regions, and a strong brand. The acquired business is a perfect addition to Sika's concrete systems for high value-added solutions required in the construction of high-rise buildings and demanding infrastructure projects. The acquired business generates annual sales of CHF 30 million.

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