News

Chinese company, XCMG, is increasing its machine sales into Brazil. The company is scoring business in sectors such as earthmoving and aggregate production. The well-proven XCMG wheeled loader models are developing a strong market share in the Brazilian equipment segment. Meanwhile, new products from another Chinese company, XGMA, were on show at the Construction Expo in Brazil. Its display included the XG918 mini loader; XG935H loader; XG958H loader, XG815LC excavator; XG822LC excavator; XG6121 roller; XG3

The Pan-European police body, Tispol, is planning a key road safety conference in Manchester. The event will be held on 1st and 2nd October 2013. To highlight the benefits to be gained from the presentations and discussions to potential attendees, TISPOL has compiled a short video on last year’s conference, which was held in the Scottish capital Edinburgh.

Serbian Minister of Construction, Velimir Ilic, has announced that the Chinese Ministry of Economy has approved Serbia a loan of €249.61 million for the construction of the Corridor 11 motorway. Ilic said that the works on the motorway will begin in September 2013, after the loan was approved by China's Exim Bank at the end of June 2013. The major infrastructure project will include construction of the Obrenovac-Ub and Lajkovac-Ljig motorway sections covering a total length of 50km. The Chinese company Shan

A total of €954.13 million will be spent repairing 7,700kms of Ukraine’s roads during 2014, according to Yevgeny Prusenko, head of the state agency of automobile roads of Ukraine (Ukravtodor). Prusenko said the agency, who will carry out all repair works, will be fixing 3,600km of regional public roads and 4,100km of communal roads.

The Asian Development Bank (ADB) is to lend US$410 million to Vietnam for the construction of the Second Southern Highway that links Ho Chi Minh City and the Mekong Delta. The arterial highway will consist of two cable-stayed bridges measuring a total of 5km, and 26km of interconnecting roads and associated access. The interconnecting roads and two bridges are expected to reduce the three-and-a-half hour travel time between Long Xuyen and Ho Chi Minh City by an hour, while the 90-minute travel time between

The American Road & Transportation Builders Association’s (ARTBA) is holding an event focusing on the impact of driverless cars and other smart technologies on US transportation. The event will see discussions on how these innovations could impact on the design and construction of highways and bridges. Executives from IBM, Microsoft, the Automobile Manufacturers Alliance, public and private sector transportation construction professionals, and other thought leaders will explore these issues on October 28th

Peruvian plans for infrastructure projects will see up to US$10.7 billion worth of concessions being awarded during 2013. This contrasts strongly with the $700 million awarded in 2012. One of the main highway projects is for the $552 million Longitudinal de la Sierra route. This will be put out to tender in the fourth quarter of the year according to Peru’s state investment promotion agency, ProInversión. Other key concessions being put out to tender in the fourth quarter are the $556 million Chinchero Airp

Asian Development Bank (ADB) will provide Tajikistan US$105 million for two key highway projects. Around $82 million, including subsidies of $70 million, will be used to reconstruct the 88km long Vose - Khovaling road. A further $23 million will go on asphalting the Sayron - Karamyk road. On their completion, both highway works are expected to enhance regional economic cooperation and inclusive economic growth in Tajikistan.

Wacker Neuson reports a strong financial performance in the second quarter of 2013, despite tough prevailing economic conditions. This represents an improvement also from the first quarter of 2013 when economic performance was weak. The Wacker Neuson Group’s second quarter revenue increased by 15.8% over the previous year, reaching €329 million compared to €284.2 million. An increase in construction activity in April helped boost sales. “In Q2, our revenue rose 28 % on the prior-year quarter to a new record