Hundreds of low-intensity earthquakes near the surface of a northern coastal region of the Netherlands have prompted the government to consider scaling back gas extraction, likely by several billion cubic meters a year.
Swedish-based construction and mining toolmaker Atlas Copco is selling its roadbuilding equipment division to Fayat Group and will purchase a German manufacturer of drum-cutter attachments for excavators.
A remodeled concert hall in the heart of Berlin will feature a chamber-music performance space designed by Frank Gehry and acoustics by Yasuhisa Toyota.
Across the continent big building firms continue to take a wait-and-see approach, although some market strategists say now is the time to get ahead of events.
Italy’s Prime Minister Matteo Renzi launched a long-term program to reinforce millions of aging buildings against earthquakes following the Aug. 24 shocks, measuring magnitude-6.2, that caused nearly 300 deaths as of Aug. 30 in an area northeast of Rome.
The world’s number two cement maker is making steady strides in closing a €3.7 billion deal in a consolidating building materials market. It’s also doing some interesting tinkering in the Caucasus and West Bank.
HeidelbergCement is turning its eyes to Washington in anticipation of an antitrust ruling, perhaps in as soon as two weeks, which is the German-based building materials giant’s next big hurdle in its ongoing effort to acquire Italcementi.