Abstracts » Construction and materials industries

Stealth warning: Amec this week became the first UK contractor to bid for a stake in a major Continental firm, Spie Batignolles

Article Abstract:

European contractors are making steady inroads into the British contracting market, with four of the UK's top 50 contractors owned by major European companies. Acquisitions are are rapid method of gaining a foothold in the UK, although some companies set up local offices, recruit British staff and compete with local firms.European companies are more interested in design-build-finance-operate contracts, than private finance initiative.

Construction, Foreign operations

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Housing hopes falter again

Article Abstract:

Despite early signs that housebuilders could be selling more houses in 1996, figures for February show that sales were poor. The House Builders Federation says that over 400 firms saw activity fall in the first half of February, with total net reservations down over 4% from the same period 1995. The U.K.'s largest housebuilder Wimpey has reported its sales rate for the beginning of 1996 is similar to that of 1995.

Economic aspects, House buying, Home buying

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