Wells Fargo releases 2023 Construction Industry Forecast Wells Fargo has released their 2023 Construction Industry Forecast, a survey designed to gather insights on sentiment and current business conditions in the construction industry. This year’s survey indicates a level of cautious optimism prevailin...
EIB investing €50m to modernise and expand rail transport in Valencia The European Investment Bank (EIB) and the region of Valencia have signed a €50 million finance contract for Ferrocarrils de la Generalitat Valenciana (FGV), a public company owned by the regional government responsible for operating...
EIB supports Sustainable Development of Public Transport in Krakow The European Investment Bank (EIB) and the City of Krakow are expanding their long-term cooperation, this time with a public-private partnership (PPP). The financing agreement for PLN 180 million will help fund the construction of a new...
Automated Road Data Capture could change Road Maintenance Making safe and sturdy roadways is one of the most expensive yet important investments transportation departments can make. These costly improvements could be less pricey when incorporating automation. Gathering data about roadside assets and pre...
Bobcat UK Dealer wins order for 50 Mini-Excavators Carlisle-based Lloyd Ltd, the Authorised Bobcat Dealer for Northern England and Southern Scotland, has won an order for 50 Bobcat E17 mini-excavators for Svella Connect, also based in Carlisle, a provider of critical digital infrastructure, including fi...
Scotland based Munro announces all-electric 4×4 Vehicle Munro Vehicles, a manufacturer of all-electric 4x4s, and Scotland’s only volume production car company, has unveiled its first vehicle, the Munro Mk_1. Designed, engineered, and built in Britain, the Munro MK_1 is the world’s most capable all-...
The importance of Satellites and Vehicles of the Future The vehicles of the future will be constantly connected, and satellites could play an important role in this. In addition to US providers, a European consortium also intends to build a network in space for this purpose. The first OEMs are already l...
Atwell finances acquisition of Cross Surveying in Florida Atwell has provided the financing to a private investment group that has acquired Cross Surveying, LLC, a 28-person land surveying firm based in Florida. As part of the transaction, Atwell will work with Cross Surveying on expansion opportunities...
How Construction Invoice Factoring works Companies require flexible financing options to get the funds they need to expand their business. And one of the financing options they use is invoice factoring. Invoice factoring involves selling a company’s invoices as debt; subsequently, the factoring company...
How Technology is changing the Car Industry and the Future of Vehicles Car manufacturers are always looking for ways to improve their vehicles. In the past, this meant making cars more comfortable or efficient. But now, with advances in technology, carmakers are able to completely change the way we thin...
EIB helping Czech Republic to modernise Local Railway Networks European Investment Bank (EIB), the bank of the European Union, and the Government of the Czech Republic agreed to accelerate cooperation on upgrading the national railroad network and increase the role of railroad in the national transport...
EIB to finance €372m to extend line 11 of Madrid Metro The European Investment Bank (EIB) and the Community of Madrid (CAM) have agreed EIB financing of €554 million split into two operations that will have major regional impact. On the one hand, a €372 million transport loan has been granted for the me...
Combining Lithium Extraction and Geothermal Energy for Renewable Energy Beneath the Earth’s crust, super-hot rock holds the potential to provide clean, renewable energy called geothermal energy. This resource is just waiting to be tapped. However, the development of geothermal energy over the past coupl...
Cable Percussion Drilling Vs Sonic Drilling Cable percussion drilling (CPD) has stood proudly as the most common form of geotechnical drilling in the UK, for years on end. Multiple geotechnical drilling companies, including Borehole Solutions, regarded this drilling method as a firm favourite, but is th...
VolvoCE launches All-Inclusive Lease for Electric Construction Equipment Volvo Construction Equipment has launched a new financing option for the company’s electric compact equipment that simplifies the ownership experience. This all-inclusive leasing package bundles charging, maintenance, repairs and m...
MAHLE’s research into Zero-emissions Vehicle Technology supported by EIB The European Investment Bank is supporting the research and development of Germany’s fourth-largest automotive supplier MAHLE with a loan of €300 million to accelerate vehicle electrification and the decarbonisation of...
Legal finance as a tool to unlock value in construction disputes The construction industry has seen recent growth in the size and number of high-stakes disputes, particularly in the Middle East and North Africa (MENA) and Latin America (LATAM) regions. São Paulo was the fourth most popular seat for cons...
EIB supporting Croatia in green sustainable transport projects The European Investment Bank (EIB) and the Ministry of the Sea, Transport and Infrastructure of the Republic of Croatia agreed to expand their cooperation on the development and financing of key green, sustainable transport projects in the c...
The Tenet Group recaps on the success of Reset Connect London 2022 The Tenet Group, were one of the main sponsors of the UK’s leading Sustainability and Net-Zero Event, Reset Connect London 2022, which was established to bridge the gap between sustainability change-makers, business leaders, govern...
How to develop and expand your construction business Are you looking to develop and expand your construction business? Growth is key to long-term success, but it can also be daunting and requires careful planning and strategy. In the current climate, businesses need to be very careful with any major cha...
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