Vinci News, Contracts and Projects | Construction News

Vinci posts £44m loss as provisions nearly double

Ian Weinfass — Fri, 20 Oct 2023 16:51:08 +0000

Vinci Construction UK made a loss of more than £44m last year after taking a hit on two contracts and cranking up its fire-remediation provisions. Newly released accounts for the 12 months to 31 December 2022 show the company fell to a £44.2m pre-tax loss,…

The post Vinci posts £44m loss as provisions nearly double appeared first on Construction News.

Vinci to give £90m facelift to St Helens town centre

Ben Vogel — Tue, 19 Sep 2023 09:04:58 +0000

St Helens Borough Council and the English Cities Fund (ECF) have picked Vinci Building as the main contractor on a town centre redevelopment scheme. Under a new contract, worth about £90m and hailed by the project partners as “the largest-ever single investment in St Helens”,…

The post Vinci to give £90m facelift to St Helens town centre appeared first on Construction News.

Vinci acquires Scots power line specialist

Catherine Moore — Tue, 15 Aug 2023 15:18:12 +0000

Vinci Energies has acquired Scotland-based firm NorPower, a specialist in extra-high-voltage overhead lines. Established in 2003, NorPower is based in Muir of Ord in the Scottish Highlands. It specialises in wood pole and steel overhead lines construction, installation, reconfiguration and refurbishment. The firm employs 30…

The post Vinci acquires Scots power line specialist appeared first on Construction News.

Fusion21 picks 61 suppliers for £305m framework

Kerry Lorimer — Thu, 25 May 2023 15:47:29 +0000

Wates Property Services, Vinci Construction UK and the Eric Wright Group are among more than 60 companies to have secured places on a £305m public sector framework. The contractors have been selected to join Fusion21’s four-year refurbishment, construction, new-build and modular buildings framework. The framework…

The post Fusion21 picks 61 suppliers for £305m framework appeared first on Construction News.

HS2 gets green light for ‘exciting’ Birmingham viaduct

Kerry Lorimer — Thu, 25 May 2023 10:57:34 +0000

Birmingham City Council has approved plans for a 150-metre section of viaduct to carry HS2 high-speed trains into the city’s Curzon Street Station. Client HS2 Ltd obtained Schedule 17 consent for the Curzon No. 2 Viaduct – also called the Bellingham Bridge after Birmingham-born footballer…

The post HS2 gets green light for ‘exciting’ Birmingham viaduct appeared first on Construction News.

Tier one firms help launch group to boost resi retrofit efforts

James Wilmore — Wed, 24 May 2023 11:47:09 +0000

Mace and Vinci are among a host of firms that have launched a new group aimed at driving residential retrofits at scale to meet net-zero targets. The National Homes Decarbonisation Group (NHDG), which has 17 founding members, said it will focus on growing the retrofit…

The post Tier one firms help launch group to boost resi retrofit efforts appeared first on Construction News.

Big names win places on £1.5bn social housing retrofit framework

James Wilmore — Tue, 23 May 2023 08:51:04 +0000

A five-strong coalition of UK housing associations has appointed more than 100 firms to a £1.48bn framework to retrofit homes for energy efficiency. The Greener Futures Partnership (GFP) – whose members Sanctuary, Hyde, Home Group, Anchor and Abri operate a combined total of around 300,000…

The post Big names win places on £1.5bn social housing retrofit framework appeared first on Construction News.

Government scraps smart motorways

Catrin Picton — Mon, 17 Apr 2023 12:54:19 +0000

The government has scrapped its plans for the roll-out of smart motorways. The Department for Transport (DfT) and the prime minister decided to cancel all 14 of the planned motorway upgrades, following a “summer campaign pledge” made by Rishi Sunak in his bid to become…

The post Government scraps smart motorways appeared first on Construction News.

Bumper hospital job propels contractor to top league spot

Joshua Stein — Tue, 07 Mar 2023 06:50:19 +0000

Bouygues earned more than any other contractor in February after it landed the highly sought-after contract to build a new integrated eye hospital, according to data provided by construction intelligence provider Glenigan The French firm was locked in as contractor on the £300m scheme last…

The post Bumper hospital job propels contractor to top league spot appeared first on Construction News.

Vinci global turnover rises

Joshua Stein — Fri, 10 Feb 2023 12:26:38 +0000

Vinci Construction boosted its global turnover to €29.3bn (£25.9bn) in its latest financial year, new results show. The French multinational firm saw its turnover rise by 11 per cent in the year to 31 December 2022, from £26.4bn the year before. Earnings before interest and…

The post Vinci global turnover rises appeared first on Construction News.