Tardy takes FIEC presidency
Professor Daniel Tardy has been elected president of FIEC (the European construction industry federation) until 2008. Tardy formerly served as an FIEC vice president. New vice presidents are Peter Andrews, Gian Alfonso Borromeo; Dirk Cordeel, Helmut Echterhoff, Bernard Huvelin, Zdenek Klos, Johannes Lahofer, Juan F Lazcano, Per Nielsen, Georgios Romosios and Luisa Todini. Meanwhile, the Lithuanian Builders Federation has also been become a member of FIEC, increasing membership to 34 national federations in 28 countries.
Bauer wins Hamburg job
Bauer has won an e18.5M groundworks and land remediation contract for the HafenCity project on the site of a former gas works at Grasbook in Hamburg.
Under the scheme, Bauer's construction group will build an excavation pit with diaphragm walls while its environment group will remove contaminated soils and clean the groundwater.
Private equity buys Boart
A group of institutional investors led by Australia's Macquarie Bank has agreed a deal to acquire drilling equipment and services firm Boart Longyear. The fi rm was sold by Anglo-American last year for $545M (e424M) to two private equity firms, Advent International and Bain Capital.
Spanish wind farm surge
A total of 31 wind farms and two hydropower plants will be built in Spain after electricity company Iberdrola signed a e450M loan deal with the European Investment Bank. The wind farms will be built in Galicia, Andalusia, Castilla-La-Mancha and Cantabria as part of a e970M project. The firm is also reported to be investing e400M to build wind farms in Hungary, Poland and Estonia and is investing e115M to develop two wind farms in Slovenia.
Vinci consortium off to US
French construction firm Vinci leads a consortium that has won a $211M (e164M) contract to bore two tunnels in King County, Washington state. Meanwhile, Vinci's Polish subsidiary Warbud has won six homeland contracts worth e120M. The work will include upgrading Gdynia's Kwiatkowskiego viaduct in the north of the country.