Skanska

Skanska appoints new MD for Cementation

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Skanska has appointed Terry Muckian as managing director for its Cementation ground engineering business. Muckian has been with Skanska for a decade and most recently was MD for its utilities business. He replaces Jamie Dunbar, who has led Cementation for two and a half years and will remain with the…

Revealed: five on £1.9bn Lower Thames Crossing shortlists

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Five bidders have been shortlisted to deliver two roads contracts worth a combined £1.9bn for the Lower Thames Crossing. National Highways has today revealed four outfits are competing to deliver roads in Kent and two are in the running in Essex. The bidders are: Kent Roads (lot one) – £600m:…

HS2: three shortlisted for £370m Birmingham station

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Three bidders have been shortlisted to deliver the £370m Solihull Interchange station for HS2. The firms in the running are Laing O’Rourke, Skanska and Unity (a joint venture between Sir Robert McAlpine, VolkerFitzpatrick and WSP). The contract is set to be awarded next year. All three bidders have already landed…

Crossrail confirms 2023 deadline for ‘full’ opening

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Crossrail has committed to opening in full by May 2023. Passengers will have to change trains along the route. Those travelling eastward from Reading or Heathrow will only be able to travel as far as Paddington where they will have to change. Those travelling to the west from Shenfield will…

Highways England contractor spend revealed

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Kier Highways was the largest recipient of Highways England spending in the last financial year, Construction News can reveal. The contractor earned £312m from its work with the government-owned roads body, putting it ahead of both Balfour Beatty and Costain, a Freedom of Information request has revealed. Kier’s Infrastructure and Overseas…

Skanska to keep £4m furlough cash after paying £32m dividend

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Skanska UK has confirmed it will not return more than £4m of cash claimed for furloughed workers, despite paying its parent company £32m to reward private investors. Its recently published accounts for the year to 31 December 2020 revealed the firm claimed just over £4m from the Coronavirus Job Retention…

Skanska reports profit jump as revenue falls

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Skanska Group’s global profit jumped in the first half of 2021, despite a fall in revenue. Revenue at the international construction firm fell by 9 per cent to SEK69.8bn (£5.9bn) from SEK76.7 (£6.4bn). But the sale of its UK-based infrastructure services business to M Group Services, announced back in December,…

Skanska UK’s profit jumps to £22m in 2020

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Skanska UK’s profit jumped to £22m in 2020, despite the impact of the COVID-19 pandemic. The company has targeted higher-margin work and markets as part of its ‘Laser Focus Plan’ since late-2017, with the ambition of achieving a 3 per cent margin. This has seen the company take on fewer…

ISG contracts haul lands it top spot in June

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ISG pushed its way to the top of the contracts league table in June as it more than doubled the value of work won in May. The contractor signed 15 contracts in the month, worth a total of £227.5m. In a rare month for the contracts league, the winner signed…

Kier and McAlpine among firms to look at flexi-working for site workers

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Kier, Sir Robert McAlpine and Multiplex are exploring possibilities to enable tradespeople and site-based staff to work flexibly, Construction News can reveal. Kier will soon start pilot programmes on three projects that will see workers, including tradespeople, try flexible-working options. The pilot will be run in association with flexible working…