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Keep up to dateBalfour Beatty has bought German rail firm Schreck-Mieves for €36m (£28m).
The company turned over €118m (£93m) in 2007 and made an operating profit of €3.3m (£2.6m).
Cathal O’Rourke says contracting’s cherished 5% figure can be achieved and warns current industry average ‘is not sustainable’
Balfour Beatty Vinci team says work will focus on structures taking line into new station at Curzon Street
Government advisor tells City to throw out Brookfield’s 54-storey tower submitted in September
Joint venture to oversee design and construction of track along route which had £1.5bn value in 2020
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