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设备giant Caterpillar, design giant WSP and others announce they will detach, while more are ‘closely monitoring’ the situation overseas as it directly affects projects, clients and personnel.
Austrian contractor Strabag confirms ownership link to Russian oligarch but cites no EU, UK or US sanctions and has cut off dividends to his firm; long-time Ukraine contractor Onur Group will stay put "but we are watching the developments sadly and with concern,” says an official.
Despite many upgrades with new technology for loaders, excavators and cranes, manufacturers are still busy trying to solve a persistent safety problem: striking workers or pedestrians while moving in reverse.
Learning to build successful teams, communicate effectively and adapt to change are critical skills needed, said participants at ENR conference in Tempe, Ariz. for construction's rising talent.
Despite past troubles and remaining bumps, contractor reported gains in year-end results, with the energy transition set to drive a 10% revenue boost this year, executives told analysts Feb. 22.