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Infrastructure support from IDB The Inter-American Development Bank (IDB) approved new operations totaling more than US$ 9.6 billion in 2007, confirming its role as the leading source of multilateral lending for Latin America and the Caribbean. In a statement IDB president Luis Alberto Moreno said the results . . . more | |||||
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 New archipelago in Black SeaNederland-based architect Erick van Egeraat has released details of a new development in the Black Sea close to the winter Olympic city of Sochi. Federation Island will be located 15 km f . . . more |
| Green light for airport extension The German state of Hesse has approved Fraport AG's plans to build a third runway at Frankfurt's airport according to an online news report. In the report it said the state's economic min . . . more |
| Arabian Canal starts Dubai-based developer Limitless has begun construction of the largest canal project in the Middle East for more than a century, according to the Emirates News Agency, WAM, (Wakalat Anba'a al . . . more |
| Finnish asphalt cartel fined Finland’s Market Court has imposed fines totalling € 19,4 million on a group seven companies and a trade association, found guilty of operating a cartel in the asphalt market. The cartel is . . . more |
| Transport link for Asia and Europe Russian Railways plans to build a US$ 100 million container terminal in North Korea in order to create a land transport corridor linking Asia to Europe, according to local media. State-ru . . . more |
| Cuban transport investment Cuba's government will spend more than US$ 2 billion over the next five years to improve its public transport system, according to an online news report. Investments will be made in buyin . . . more |
 Tight test for LiebherrThe symmetrical lines of a flat top crane have taken centre-stage during renovations at an historical castle-like structure in Italy. Built in the 19th century, Rocchetta Mattei castle st . . . more |
| New at Terex Comedil Tower crane manufacturer Terex Comedil has been “undergoing some substantial change,” according to the company. An example is that the Terex Business System, based on the Japanese continu . . . more |
| Up in sync Lifting Gear Hire in the UK has added equipment for lifting large structures to its rental fleet. Irrespective of a load’s weight distribution the Enerpac Sync Lift controls lifting, lowe . . . more |
| Street Crane strengthens UK-based overhead crane manufacturer Street Crane Company has a new range of hoists and new representation in the Gulf States. L. Sam Kumar, based in Sharjah in the United Arab Emirates, . . . more |
 Jaston rebrands as WorkxThe acquisitive Netherlands rental company, Jaston Groep, re-branded all its rental divisions under the single Workx name on 1 January. The name change is part of an ambitious growth stra . . . more |
| United terminates Cerberus merger United Rentals has terminated its merger agreement with Cerberus Capital Management following the 21 December ruling of the Delaware Chancery Court in favour of Cerberus. United will not . . . more |
| South African renter expects growth South African contractor Erabcon has listed on the Johannesburg stock exchange (AltX) and will use some of the R53 million (€5.2 million) proceeds of the flotation to invest in its fast-grow . . . more |
| Komatsu expands Japanese rental arm Komatsu Ltd is to acquire a major Japanese rental company and merge it with its own sizeable rental operation in Japan. In mid-December Komatsu said it has reached an agreement with the b . . . more |
| Big power projects boost Aggreko Aggreko forecast that revenues at its international power projects division will increase by 45% for the second half of the year to 31 December, with profit margins higher than the same six . . . more |
| Senior management changes at Cramo Göran Carlson, Cramo’s deputy chief executive officer, has been given responsibility for business development and strategic planning, including yearly strategic planning and group expansion. . . . more |
| Zero accidents at Earth Tech Correct use of access equipment has made an important contribution to Earth Tech’s safety record: zero accidents on site in 2007. Earth Tech, based in Long Beach, California, US, is part of . . . more |
 New premises for JLG in AustraliaJLG Industries has relocated its South Australian business to larger, purpose-built premises in Greenfields, north Adelaide. The move coincides with a growing demand for JLG products from e . . . more |
 Restructure and new md for AFI A management restructure at AFI Uplift, Derbyshire, UK, has resulted in Richard Saunders’ appointment as managing director. Mr Saunders has over 20 years experience in the powered access . . . more |
-thumb-web.gif) New md at MatecoOn 1 December 2007 Hans Hasso Kersten took over the role of managing director at Mateco, Stuttgart, Germany, his primary responsibility is that of chief financial officer. Since the departur . . . more |
 Morrow places big order with AlimakMorrow Equipment, a leading tower-crane rental company in the USA, has ordered 10 ALIMAK SCANDO 650 FC-S dual hoist systems; one of the largest single orders of the high speed hoist since it . . . more |
| Wet asbestos demolition A controversial demolition method for asbestos contaminated buildings has been recently trialed in a populated area of Fort Worth, Texas, according to the US Environmental Protections Agency . . . more |
| Olympic demolition on track London’s Olympic demolition programme is on track, according to the Olympic Delivery Authority (ODA). The ODA announced the completion of the demolition work required to make way for the . . . more |
| UK discussion over waste The UK’s Department of Environment, Food and Rural Affairs (DEFRA), together with the Environment Agency and the Welsh Assembly Government have jointly issued a discussion document aimed at . . . more |
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