Finance & Funding

Komatsu is merging its manufacturing operations in Germany. The Komatsu Hanomag (KOHAG) plant in Hanover and the Komatsu Mining Germany facility in Düsseldorf are to merge. Both factories will remain but they will be operated jointly as Komatsu Germany.

Hungary will spend €484.75 million on road construction projects in 2017. Around 1,350km of roads will be built. The Hungarian national road management firm Magyar Kozut Nonprofit will get access to a €1.28 billion for road maintenance purposes by 2020. Earlier this summer, the Colas Hungaria-Colas Ut consortium started work started on a new stretch of motorway in a contract worth around €54.74 million. The work involves building a new section of the M35 motorway connecting road number 481 with ro

The Polish government has secured around €345 million for construction of Krakow's 15km Northern Ring-Road. Work is expected to start in 2019 and completion is set for 2022, according to Polish media. Meanwhile, Trasa Lagiewnicka, the company in charge of constructing a section of Krakow’s third ring road – one of four concentric ring roads, is looking to secure European Union money for the project. The section – called Trasa Lagiewnicka, after the company that will build it, will be 3.7km long and inclu

Work remains at a halt on the 70km dual carriageway upgrade connecting Yapacani with Montero in Bolivia’s Santa Cruz department. A disagreement between the Mexican construction company that was building the link, Tradeco, and Bolivia’s road administration department, ABC, resulted in the contract being cancelled. The route, Highway 4, runs from Yapacani through Santa Fe, San Carlo and Portachuelo to Montero and the project was intended to improve the road and boost its capacity by increasing the number of l