Exclusive: Kier and Skanska are the two contractors left battling to replace Carillion on the Midland Metropolitan Hospital contract, Construction News understands.
CN has learned that the hospital is close to appointing a new main contractor on the project, which has been on pause following Carillion’s liquidation. It was confirmed last week…
A Skanska consortium has pulled out of the race to build the £1bn Silvertown Tunnel in east London.
The company confirmed that its JV with Austrian contractor Strabag and investment firm Meridiam would no longer be bidding for the contract to build the tunnel connecting Greenwich with Silvertown. The move by…
Multiplex and Skanska are the last two firms left in the race for the £350m deal to redevelop the site of New Scotland Yard’s former central London headquarters, Construction News can reveal.
CN understands the two contractors are now battling it out to land the contract for The Broadway scheme, which will see…
Mace clinched its first monthly league crown since September 2016 after finally signing the deal to deliver the £400m ‘Gotham City’ scheme in central London.
Top 10 contractors, February 2018 Click here for the full top 50 Contractor No Total (£m) 1 Mace 1 400.0 2 Kier 37 319.2…
Skanska UK has confirmed redundancies have been made as the business restructures into three divisions.
The company is separating building and building services into two divisions to sit alongside its infrastructure arm, which bosses claim will improve Skanska’s customer service. A Skanska spokesperson confirmed that some employees have already left the business as part…
Crossrail’s construction is running 20 per cent over budget this financial year, according to Transport for London papers, but the scheme is “still forecast to be delivered within its overall funding”.
The TfL Finance Committee papers showed that Crossrail has overspent by £190m for the year to 30 March, as of 6 January.…
North Yorkshire County Council will drag Highways England through the courts in a bid to recover £7m it spent on repairs following the alleged “substandard” construction of a multi-million-pound road.
The council said it was now preparing a legal case against Highways England after it incurred substantial costs for repairing the…
Skanska’s latest financial results have revealed that group operating profit for construction activities in 2017 declined 66 per cent to SEK1.2bn (£107m).
Revenue for the construction division rose to SEK150bn (£13.4bn) in the 12 months to 31 December 2017 – a 6 per cent increase on 2016, producing an operating margin…
Skanska will cut thousands of jobs across the group as part of a “comprehensive restructure” following problems in its European operations.
The group’s Swedish bosses confirmed plans to lay off 3,000 workers across its global operations in 2018 at a cost of around SEK600m (£43m). A spokesperson for the company would…
The former chief executive of Skanska Mike Putnam has joined Network Rail’s board as a non-executive director.
Mr Putnam, who stepped down as president and CEO of Skanska last May after seven years in the role, will replace Malcolm Brinded, who retired from Network Rail’s board in July 2016. Skanska appointed…
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