Companies

Lower-risk projects see Hochtief’s profits soar in 2024

German contractor Hochtief has seen a 20% increase in turnover to €33.3bn and a 48% rise in nominal net profit to €776m. Announcing its 2024 results, chief executive Juan Santamaría…

Germany’s Drees & Sommer acquires US consultant VVA

Japan’s construction bankruptcies reach 10-year high

Bouygues agrees to use low-carbon cement brand after testing it

Strabag buys Georgiou for €140m to enter Australian market

Japanese JV enters Indian PPP road sector for first time

French investment consortium buys majority stake in Systra

Vinci buys two venerable Dutch firms to target electrical marine sector

Interview: Derek Amidon and GISI, the big firm you’ve never heard of

Northvolt to make cuts and layoffs but ‘remains committed’ to gigafactory projects

German machinery maker Bomag opens subsidiary in Spain

Mota-Engil profit up 65% on strong Latin American performance

Saint-Gobain buys fast-growing Mexican chemicals firm for $815m

All in the family: Flatiron and Dragados to merge

Fluor appoints new heads of operations and legal

Holcim buys Belgian recycler in quest to ‘build cities from cities’

Simon Tolson to step down as senior partner at Fenwick Elliott

Lendlease takes ‘tough decision’ to quit international markets

Mott MacDonald buys Australia’s Merz Consulting

Ferrovial launches on Nasdaq stock exchange

Vinci launches succession plan for outgoing chief Huillard

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