Top Stories
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YIT names Juhani Pitkäkoski as CEO
YIT has appointed Juhani Pitkäkoski as its new president and CEO, replacing Hannu Leinonen with immediate effect ...more
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AEM sees global growth
Global construction equipment sales are expected to rise +8.5% this year and a further +5.4% in 2009 according the latest ‘outlook' survey from the US-based Association of Equipment Manufacturers (AEM ...more
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Balfour Beatty creates COO role
Balfour Beatty has appointed Andrew McNaughton to the new role of chief operating officer (COO) and to the company's Board from 1 January. ...more
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CE Barometer November 2008: Gloom deepens
Sentiment on the European construction industry slipped lower in November, with results of the month's CE Barometer survey indicating stronger signs of a recession. ...more
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CECE calls on Commission to help save manufacturing jobs
Committee for European Construction Equipment (CECE) president Dr Tim Leverton has called on the European Commission to help save manufacturing jobs in Europe. ...more
Equipment News
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Dynapac's new remote controlled reversible plate compactor
Dynapac has introduced the LG520 radio remote controlled reversible plate compactor designed for compaction of backfill in pipe and cable trenches, as well as road repair and maintenance work. ...more
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Volvo launches new wheel loaders
Volvo is introducing the F-Series L45F and L50F mid-sized wheel loaders to the European market next month with plans to expand the range internationally in 2009. ...more
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Perkins' power alliance
Perkins is confident that its Stage IIIB compliant engines will offer a +3% improvement in fuel economy and a +10% increase in power output over current Stage IIIA variants, although initial purchase ...more
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UK launch for Bell loaders
Bell is branching out from its mainstay ADTs with a range of US-built wheeled loaders for the UK market. ...more
Project News
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US$300 million loan for Panama Canal expansion
The Word Bank's International Finance Corporation (IFC) has approved a US$ 300 million loan to support the Panama Canal Authority’s (ACP) US$ 5.25 billion expansion project, according to a statement o ...more
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New Dubai Creek crossing approved
The design of the seventh crossing to span Dubai, United Arab Emirates' Creek has been approved by the tiny emirates' ruler, Sheikh Mohammed bin Rashid Al Maktoum. ...more
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Baghdad plans US$ 3 billion metro
Baghdad's mayor, Sabir al-Issawi, has announced ambitious plans to build a two line, 39 km-long metro system in the divided Iraqi capital. ...more
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'New Silk Road' to link Europe and Asia
The Asian Development Bank (ADB) is to lend Kazakhstan US$ 700 million to help improve a major road it says will transform the country's economy. ...more
Other News
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AfDB to loan US$ 293 million for regional infrastructure development
In an effort to boost regional economic growth and reduce poverty the African Development Bank (AfDB) has approved a US$ 293.4 million loan to Tunisia, Mozambique and Third Emerging Capital Partners A ...more
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Argentinean water projects receive US$ 200 million in financing
The Inter-American Development Bank (IDB) has approved a US$ 200 million loan to expand potable water and sanitation services in the Buenos Aires metropolitan area and suburbs. ...more
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KHL.com News Feeds available
There are now seventeen news feeds available from KHL.com ranging from the latest Breaking News to headlines from all the market sectors and magazines. ...more
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ADB loan for Bangladesh
The Asian Development Bank (ADB) is to loan US$ 87 million in additional funds to improve the basic services and infrastructure in small and medium-sized towns of Bangladesh. ...more
Gary Bell, CEO of Bell Equipment
