Bankruptcies among Japanese construction companies reached a 10-year high in 2024 sparked by rising material and labour costs, according to a report by Tokyo Shoko Research (TSR). Last year, 1,924…

Austrian contractor Strabag has agreed a €140m deal to buy all the shares in Australian civil engineer Georgiou Group. The takeover approved by Strabag’s supervisory board on 17 December will…

Two French investment companies, Fimalac and Latour Capital, have acquired a 58% stake in Systra, a Paris-based engineer that specialises in the transport sector. Systra commented that the deal would…

Construction industries the world over are filled with people who love to build things, people who played with dumper trucks and Lego and dreamed of one day constructing a dam…

Swedish battery-maker Northvolt has announced the results of a strategic review into its business. The initial outcome is a decision to “streamline” its operations by resolving production problems at its…

German construction equipment company Bomag has created a Spanish subsidiary called Bomag Ibérica de Maquinaria. The move follows its acquisition of Spanish and Portuguese equipment seller Maquinter, which had distributed…

International construction law firm Fenwick Elliott says its senior partner Simon Tolson will step down on 1 April 2025, and will be replaced by Karen Gidwani. Tolson will stay on…