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Doosan has sold 100% of its holding in Montabert to Joy Global. The move is a strategic one for Joy, which is a major player in the worldwide underground mining industry. This move has been made as Montabert’s products and equipment are a good fit for Joy Global’s core business in high productivity mining equipment. The deal will provide Montabert with a strong market in the global mining industry. It also allows Doosan to further focus on capturing all growth opportunities in order to significantly grow th

There were 127 deaths on London's roads in 2014, according to official figures released by Transport for London (TfL). Of these deaths, 27 were of motorcyclists. Given that motorcyclists still constitute a comparatively small percentage of the total number of road users, this is of concern. Neil Greig, director of policy and research at the Institute of Advanced Motorists' (IAM) said, "Motorcycling is gaining in popularity in the capital where it offers an excellent solution to London's congestion problems,

As a result of the agreement Shantui will now supply the organisation with over USD$4 million worth of equipment. Consisting of 240kW SD32 bulldozers and 20tonne class SE210 excavators, the machines will be used as part of a programme employing youths to develop infrastructure throughout the country. The machines were successfully shipped from the Port of Tianjin in late February 2015. The negotiations were conducted by a joint effort between Shantui and AVIC International, a team which was also responsib

The government of the Saratov region (Volga) is considering building another bridge over the Volga River between Saratov and Engels. No details of the project have been released but media reports suggest it will be built under a public-private partnership. According to Nikolay Churikov, the minister of transport and roads for the Saratov region, the project could cost as much as nearly US$764 million. Saratov is a city and the administrative centre of Saratov Oblast and a major port on the Volga River. T

Almost one year after work started on Mexico’s Atizapan-Atlacomulco highway, little progress appears to have been made. OHL Mexico, a subsidiary of the Spanish construction firm OHL group -- Obrascon Huarte Lain -- said that the apparent lack of progress is due to the government not having arranged access to the road. Sergio Hidalgo, director general for OHL Mexico, told investors that the land for the first of three stages of the project, covering 25km between Atlacomulco and Ixtlahuaca was released

A series of major infrastructure projects in Malaysia are attracting strong interest from prospective bidders. The series of infrastructure projects forms part of the 11th Malaysia Plan (11MP). Firms keen to participate in the tender process include UEM Edgenta, Bina Puri Holdings and Nexgram Holdings. One of the biggest projects planned is for the Pan Borneo Highway. In all this is expected to be worth some US$7.18 billion. The start of the works for the 1,663km road has yet to be defined but the route sho

Proposals to construct the Sunda Strait Bridge are not feasible, according to the Ministry of Energy and Mineral Resources of Indonesia. Safety risks from earthquakes, tsunami, high tides and extreme weather conditions make the project impractical. A US$75.46 million feasibility study was carried out for the project. This pointed out that the bridge is at a high risk from earthquakes and tsunamis due to its vicinity to the Anak Krakatoa volcano.

The Liebherr Group has seen a steady financial performance in 2014, with turnover reaching a healthy €8.823 billion, similar to the previous financial year. The company continued to invest in developing its operations, spending €816 million in expanding and modernising its manufacturing facilities and also strengthening the sales and service organisation. The number of employees has now risen to 40,839 in total. The €8.823 billion turnover was slightly lower, 1.6%, than for the previous financial year howev

Algeria is upgrading National Road One (RN01) so that it will become the North-South motorway. The project involves widening and improving the route as well as adding more lanes. The work forms part of the 2010-2014 five-year plan and involves seven local and national companies. It involves doubling the number of lanes for the 103km stretch between the Laghouat and Ghardaïa regions. The work is costing US$116 million. Work on the first 51km section will be completed at the end of August 2015, while the seco

Spelt phonetically rather than correctly, the sign reflects the writer’s rural American accent - Image courtesy of Darren Constantino