Engineering firm Civmec has won about $50 million worth of contracts for work on the east coast, following its recent acquisition of NSW-based Forgacs Engineering.
NRW Holdings emerged from a trading halt this morning with its share price nearly tripling in value on the back of news yesterday that its joint venture with Salini Impregilo had been named the preferred contractor for the $2 billion Forrestfield-Airport Rail link.
Spanish infrastructure giant Ferrovial has announced a $715 million takeover bid for Australian contractor Broadspectrum, which was formerly known as Transfield Services.
Downer has terminated its contract with Spanish construction company Tecnicas Reunidas on the Burrup ammonium nitrate project, joining a string of contractors to be hit by contractual disputes on big projects over the past year.
