international
construction
Türkiye
Eylül
2013
14
INTERNATIONAL NEWS
ICT
W
eak results from Balfour Beatty’s construction services division helped
drag the contractor’s underlying net profit down 70% year-on-year in the
first half to US$70 million. Group revenue dropped 3% year-on-year to
US$7.7 billion but the order book was up 7% since 28 June, 2013, to US$21.5
billion at the same point last year.
The construction services business – the largest division by revenues – reported
a net operating loss of US$63.4 million on revenues of US$4.9 billion, down
5% year-on-year. Balfour Beatty said a difficult external environment combined
with internal reorganisation had resulted in a poor performance from its UK
construction business.
But the company reported more positive results from its overseas operations.
The construction order book was up 9% from the end of 2012 to US$12.4 billion,
fuelled by contract wins in Hong Kong and the USA.
S
any is developing 1.6 t and 3.5 t mini excavators as part of
its strategy to become a full line excavator manufacturer. The
Chinese manufacturer hopes to have the two small models
ready for launch at next year’s Conexpo-Con/Agg show in Las
Vegas. The company’s current excavator line-up comprises models
starting at 5.5 tonnes, although just four – the 7.5, 13.5, 21.5 and
23.5 tonne units – are certified for European and North American
markets.
Dacheng Zhu, general manager of the overseas business of Sany
Heavy Machinery – the division that makes excavators and piling
equipment said that Sany had research and development teams
in China, North America and Europe helping to develop the new
products.
Currently around 90% of Sany’s excavators are sold in China,
but the company wants the share of exports to increase to more
than 30%. Its main export markets are Asia Pacific, Africa, India,
Eastern Europe and Latin America.
I
ndia’s HCC reported profits back in the black for the first quarter
of FY2013-2014, with a net profit of US$3.15 million compared
to a loss of US$5 million in the corresponding period last year.
The engineering and contracting group saw turnover up 18% to
US$190 million for the quarter ended June 30, 2013.
Operating profit was also up, US$32.3 million compared with
US$11 million for Q1 2012. The firm’s order backlog stood at
US$2.3 billion.
Praveen Sood, group chief financial officer, HCC, said: “HCC’s
performance amidst a challenging environment for the infrastructure
sector affirms the management’s commitment to shore up our
operations. Continued cost rationalisation, improved execution and
arbitration awards, has yielded better results. We will continue to
pursue these measures aimed at further strengthening of performance
despite the challenging economic environment.”
M
anitowoc Cranes has named Ingo
Schiller executive vice president
of its Manitowoc Crane Care
customer support division. Schiller will take
on the new role in addition to his current
responsibilities as senior vice president of
global marketing and product development,
on an interim basis. Schiller will report
directly to Eric Etchart, president and general
manager of Manitowoc Cranes.
Mr Etchart said his knowledge of
Manitowoc’s products and its customer
base made him the perfect choice to run
Crane Care. “Over the past three or four
years Ingo has immersed himself in the
Manitowoc product line and developed a
strong understanding of our customers’ needs
- and that naturally extends to how best to
support them,” he said. “He is well-known
and well-respected both within Manitowoc
and among our dealer network and customer
base, so I’m sure he will have no problems
in driving Crane Care on to even bigger and
better things.”
Contractor Bam International has completed the roof for the new
25,000-seat Hazza Bin Zayed Stadium in Al Ain, 150km east of Abu
Dhabi. Construction of the stadium started in 2012 in is due for
completion by the end of this year – the contractor is aiming for a
construction time of 16 months. The football stadium will have a floor
area of 45,000m2 and feature a six-storey commercial building and a
sports complex, as well as new roads, car parking and landscaping. The
stadium is built from a combination of structural steel and reinforced
concrete on piled foundations with aluminium and composite external
cladding. The steel roof consists of 38 m long steel trusses (each
weighing 25 tonnes) covered with a PVC membrane to create shade
over the pitch and seating terraces.
Sany developing
1.6 and 2.5 tonne minis
HCC sees
profits rebound
Schiller named EVP at Monitowoc Crane Care
First half profit tumbles
at Balfour Beatty
