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Bitumen Cartel fined € 184 million The European Commission has announced fines totalling € 184 million to a group of five bitumen suppliers accused of operating a cartel in the Spanish bitumen market between 1991 and 2002. The companies named in the cartel were BP of the UK, Spain’s Repsol and Cepsa, Nynäs of Swede . . . more | |||||
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| Strabag IPO to raise € 1,35 billion Strabag SE, Austria’s largest contractor, has launched an initial public offering (IPO) of shares on the Vienna stock exchange that could raise up to € 1,35 billion. Existing private share h . . . more |
 Van Schaik defends title (video)Dutchman Peter Van Schaik has won the 10th annual Caterpillar Operator Challenge for the third year running. The competition was held from 2 to 5 October at Cat’s training facility in Malaga . . . more |
| London’s Crossrail approved The UK Prime Minister, Gordon Brown, has given his approval for the UK£ 16 billion (€ 23 billion) Crossrail project in London. The scheme will provide a 118 km east-west rail link through th . . . more |
| Fraud widespread in construction Some 77% of construction companies have suffered from corporate fraud in the past three years, according to a survey by risk consultant Kroll. The report also says 87% of companies surveyed . . . more |
| Residential pulls down US output Construction spending in the US for the 12 months to August was -1.7% lower than a year previously according to figures from the US Census Bureau. The drop was due to a steep decline in resi . . . more |
 Trump's Palm Tower plansJapan's Taisei Corporation is among the companies chasing the contract to build Nakheel's Trump Tower on The Palm Jumeirah, according to local news agency Arabian business. The AED 2.2 bi . . . more |
 Ainscough bought by managementFollowing months of speculation Ainscough Crane Hire has announced the company will be sold to its existing management team for £255 million (US$520 million). Founded in 1976 by Gerald Ai . . . more |
 Meade’s Viking liftCrane rental company Meade Crane Services was tasked with positioning the world’s largest Viking ship in the National Museum of Ireland’s Collins Barracks in Dublin. The Sea Stallion from . . . more |
 Safety medal awardedMr Norman Hargreaves, product safety officer at Terex, has been awarded the American Society of Mechanical Engineers (ASME) Safety Codes and Standards Medal for “outstanding contributions to . . . more |
| New MCG plant in Portugal Manitowoc Crane Group has opened a new factory in Baltar, Portugal for Potain tower cranes. The new steel fabrication facility will run in conjunction with an existing factory in nearby F . . . more |
| Lambertsson gets more autonomy Swedish rental company Lambertsson has become part of a new, publicly listed Peab Industri business following the separation of Peab into two public companies. Peab Industri now comprises . . . more |
| Ramirent wins €130m rental contract Ramirent's Norwegian subsidiary, Bautas, has signed a rental agreement with Veidekke Entreprenor for a three to five year period that could be worth up to NKr 1 billion (€130 million). Th . . . more |
| Jaston Group expands and rebrands Jaston Group in the Netherlands, which acquired Cramo’s Dutch rental business earlier this year, has acquired Steimach Verhuur, a small general equipment rental company with depots in Tiel a . . . more |
| Sullair sells TowerLight in France Sullair has been appointed exclusive dealer in France for the TowerLight range of mobile lighting towers. Sullair will unveil the range at the Batimat exhibition in Paris in November. “We . . . more |
| RENTAL CONFIDENCE SURVEY 2008 Again this year International Rental News (IRN) is carrying out its RENTAL CONFIDENCE SURVEY. If you are a rental company, or linked to the rental sector as a supplier of equipment or se . . . more |
 Retail focus for UK work at heightA strong call for pragmatic application of the UK’s Work at Height Directive in the retail industry emerged at the Retail Work at Height Forum in Leeds on 4 October. The forum, organised by . . . more |
| NES sells non-core divisions NES Rentals in the US sold its Traffic Safety and Studio Equipment specialty rental divisions to private equity investors Aperion Management and Falcon Investment Advisors on 3 October. A . . . more |
| ACCESS CONFIDENCE SURVEY 2008 Access International is carrying out its Annual CONFIDENCE SURVEY for 2008. Whether you are a rental company, a contractor that uses aerial platforms or a manufacturer/distributor of aerial . . . more |
 D&Ri in ChinaD&Ri magazine, along with other titles from KHL Group's stable, will be at the BICES exhibition in Beijing, China, next week. A full report on the demolition and recycling highlights from th . . . more |
 Excavator orderUK-based waste management, construction and demolition company, Killoughery Group has bought a JCB JS460. The 46 tonne excavator, pictured excavating a landfill site in the UK, is the larges . . . more |
 New versatile mini-dumperItaly-based IHIMER, the joint venture between IHI and IMER, is to introduce a new mini-dumper at the SAIE exhibition in Bologna later this month. The unit, the Carry 107, also has a power ta . . . more |
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