Europe & CIS - 13 January 2015

The five-year contract is worth £41 million. Babcock will provide a fleet-managed service for its Heavy Mobile Equipment across the UK.

The UK’s Lafarge Tarmac has announced that it has entered into a Binding Option Agreement with London Resort Company Holdings for the sale of land that once comprised the Swanscombe cement plant.

‘The Engineering UK 2015 The State of Engineering’ report highlights the shortfall in skilled workers facing the sector and the benefits that meeting demand for engineers could bring to the UK economy.

Both UltraTech and Sabanci have reportedly backed out of the binding bids for the assets of Lafarge and Holcim being divested as part of their mega merger.

The Romanian construction industry increased in value at a compound annual growth rate of 3.78% from 2009 – 2013, according to a new report from Timetric.