keyboard_arrow_upLeading infrastructure group reports a healthy project pipeline
keyboard_arrow_downLeading infrastructure group reports a healthy project pipeline

In September The Aveng Group announced its annual results for the year to end June 2010, reporting revenue of R34 billion, up 1% on 2009, and an operating profit of R2.1 billion.

keyboard_arrow_upConstruction group looks to steady build of infrastructure
keyboard_arrow_downConstruction group looks to steady build of infrastructure

Releasing its interim results for the six months to December 2009, The Aveng Group  reported declining revenue – down 5% compared to the six months to December 2008 – and a reduced operating profit – down 29%, but strong cash holdings – up 23% – and a two-year order book increased by 8% to R32.7 billion since June 2009.

keyboard_arrow_upBusiness hubs for construction contractors
keyboard_arrow_downBusiness hubs for construction contractors

The first newly upgraded Construction Contact Centre was officially opened at the end of March in Polokwane, Limpopo. This is one of several such centres to be established nationwide by the Construction Industry Development Board (cidb) in partnership with national and provincial departments of public works. The aim is to support initiatives that seek to develop local contractors and construction services.