Some $1.6 billion in funding is being provided from US federal funds to states and territories across the nation to cover the costs of repairing roads and bridges damaged by natural disasters. Funding from the Federal Highway Administration’s (FHWA) Emergency Relief Programme was provided by the Consolidated and Further Continuing Appropriations Act, 2012.
UK engineering firm DavyMarkham is now owned by Indian company, Hindustan Dorr Oliver (HDO). The Indian firm is a subsidiary of IVRCL Infrastructures & Projects and this acquisition provides HDO with an entry into the heavy engineering market.
Haulotte Group (HG) increased its Q4 2011 sales by 13%, compared to the same period of 2010. The rise took consolidated October 1 to December 31 2011 sales to US$107.1million (€82.2 million) compared with $94.5million (€72.5million) in the same three months of last year.
Plans are in hand for major upgrades to Russia’s road network. Russian Highways (Avtodor) aims to construct 958km of roads, as well as to reconstruct 963km of road and improve 700km of road bed by 2019.
The 684km M11 highway linking Moscow with St Petersburg is the top-priority. A 72km bypass road will be built in the Tver region.
Inge Zhou has been appointed as vice president of corporate communications for Volvo Construction Equipment newly formed China sales region. In her new role, Zhou will be based in Volvo CE's Shanghai office and report to regional president Laurence Luo. She will be responsible for all corporate communication activities within the region, as well as being a member of the China management team.
The Hertz Corporation has announced a new electric bicycle offering in several tourist areas of Spain following a successful launch in London earlier this year.Hertz customers in Spain now have a choice of nine different Swiss Flyer electric bikes available from 24 euros (US$32) a day.
The Swedish Road Administration (Transportstyrelsen) has extended the contract, announced on 27 October, 2010, appointing Q-Free to service and maintain the congestion charging infrastructure in Stockholm which was delivered by Q-Free in 2006.
HTS (Hi-Tech Solutions), a specialist in the optical character recognition (OCR) and computer vision systems market, has established a wholly-owned US subsidiary, HTS Americas, based in New York, and named John Whiteman as its CEO.
