News EU gives troubled Rail Baltica programme extra €1.2bn The EU’s Connecting Europe Facility (CEF) has signed two agreements worth €1.4bn in an effort to speed up completion of the Rail Baltica project. Of this amount, €1.2bn will be…
News Chinese battery maker to close European operations Chinese battery-maker SVOLT Energy Technology has decided to close its European operations. The decision comes after media reports said it had indefinitely suspended plans to build two battery plants in…
News Baltics and Poland ask EU to help pay for fortifications against Russia Estonia, Latvia, Lithuania, and Poland have asked the EU to help them pay for new fortifications along their borders with Russia and its ally, Belarus. The defence ministers of the…
Trends Eurozone construction activity falls for 29th straight month Hamburg Commercial Bank’s latest survey of sentiment among construction’s purchasing managers has shown that the Eurozone’s industry remains obscured by gloom, with new orders continuing to fall as prices and…
News Work starts on €10bn Dresden chip factory as EU scrambles to catch up The European Semiconductor Manufacturing Company (ESMC) has broken ground on its €10bn chip fabrication plant in Dresden. The plant will get €5bn in state aid from Germany and €3.5bn from…
News EU agrees €430m loan for high-speed rail line in the Basque country The European Investment Bank (EIB) and publicly-owned Spanish infrastructure group Adif Alta Velocidad have agreed to loan €430m towards a 182km high-speed rail line in Spain’s Basque Province. The double-track…
News EU approves €2bn Dutch reactor to produce medical isotopes The European Commission has approved a plan by the Netherlands to spend €2bn on a new medical isotope production facility in Petten, about 220km north of Amsterdam. The plan is…
News Firms pledge to lay 1,000km cable to bring African solar power to Europe Belgian marine contractor Jan De Nul and Australian mining company Fortescue have pledged to lay a 1,000km subsea transmission line to carry solar power from Africa to Europe. The agreement…
News Carbon-neutral tile factory to ‘set new standards for Europe’ Austrian materials producer Wienerberger says its carbon-neutral concrete roof-tile factory in Hungary will “set a new standard across Europe”. The €30m, 7,300-sq-m plant in Hejopapi will be fully automated, with…
News Ukraine starts building its railway to Europe Ukraine’s rail operator Ukrainian Railways has started building a European-gauge railway in the west of the country intended to link up with European railways, the operator announced on X, formally…
News European Investment Bank agrees loan for Bosnian wind farm The European Investment Bank (EIB) has agreed to loan €36m towards the construction of a 50MW windfarm in Bosnia Herzegovina. The Vlasic facility will contain 18 wind turbines, capable of…
News Seven EU states to invest €6.9bn in hydrogen infrastructure The European Commission has approved a plan put forward by seven member states to spend €6.9bn on infrastructure for hydrogen energy. The countries are France, Germany, Italy, the Netherlands, Poland,…
News European battery contender raises €4.4bn for expansion Automotive Cells Company (ACC), a French firm formed to lead the European battery industry, has secured €4.4bn in credit to fund the construction of three lithium-ion gigafactories in France, Germany,…
Innovation Ecocem’s low-carbon cement gets first European approval Dublin-headquartered low-carbon cement maker Ecocem has obtained a European Technical Assessment (ETA) for its cement, which the company says achieves a 70% reduction in CO2 compared with the average European…
News Blackstone JV plans $7bn worth of data centres in EU and US Investor Blackstone and data centre developer Digital Realty have teamed up to spend $7bn on 10 new data centres in western Europe and the US. The data centres will be…
News European construction bodies issue low-carbon manifesto Three big construction sector bodies in Europe yesterday published a manifesto on achieving carbon and resource neutrality, outlining a long-term plan to cut greenhouse gas emissions and use less materials.…
News US to finance $225m Ukrainian rail link with Europe The US has earmarked $225m for a 75km rail line connecting a future transport hub in Lviv, western Ukraine, to the EU’s Trans-European Network. The memorandum of understanding was signed…
Projects How the world’s longest span connected Asia and Europe Turkish contractor Limak gave GCR a tour of the 1915 Çanakkale Bridge, which links Asia and Europe across the Dardanelles Strait. Completed in 2022 after four years, the bridge has…