by admin | Aug 8, 2016 | Crane & Lifting News, Manufacturer News
Finnish crane maker Konecranes has gained the conditional approval of the European Commission for the acquisition of the crane and container handling segment of U.S.- based Terex, the EU executive said on Monday in a statement. To conclude the acquisition, Konecranes...
by admin | Aug 5, 2016 | Constuction & Business News, Manufacturer News
When the going gets tough in China, just get a bank. China is desperate to solve several problems it has due to its debt-to-GDP ratio being north of 300 percent. It may have found a pretty unconventional one by letting companies become banks, according to a report by...
by admin | Aug 5, 2016 | Constuction & Business News, Manufacturer News
CHANGSHA – China’s leading heavy-machinery manufacturer Sany is to be allowed to opena commercial bank in partnership with other firms, the company announced Tuesday. The planned Sanxiang Bank, approved by the China Banking Regulatory Commission(CBRC),...
by admin | Aug 5, 2016 | Constuction & Business News, Crane & Lifting News, Manufacturer News
In July, a total of 24 Zoomlion cranes worth nearly 25 million Yuan were transported to Indonesia, a country along the “Belt and Road”, to assist local infrastructure construction. 21 truck cranes and three crawler cranes were delivered. They were purchased by a...
by admin | Aug 5, 2016 | Constuction & Business News, Manufacturer News, Mining News
Even during the Great Depression in the 1930s, construction machinery titan Caterpillar managed to grow its business. But its sales have been shrinking since hitting a record in 2012. Last year its revenue decline accelerated to 15 percent. The company has been...
by admin | Aug 5, 2016 | Crane & Lifting News, Manufacturer News
German company Kiesabbau Wiedemann strengthened its position with four machines, namely three HS 8070 HD and one HS 895 HD. Two of the duty cycle crawler cranes operated in Hungary during the last year. Their task was the extraction of gravel material for the...
