Construction activity in the Eurozone has recorded its 34th straight month of decline, according to the latest PMI survey from S&P Global and the Hamburg Commercial Bank (HCOB). Sentiment among…

Management consultant Bain & Company predicts a recovery in some of Europe’s biggest construction markets in 2025 after a two-year slump over 2023-24. Its analysis covers the UK, the Nordics,…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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,…

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,…

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…

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…

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.…