Royal Imtech has now confirmed that its financial backers have agreed to extend its covenant holiday.
An article in yesterday's Sunday Times newspaper says that ‘knives are out"’ for the water companies and that current calls by MPs and Ofwat to cut household water bills could sink the most debt-laden.
Thames Water Commercial Services has become the first business and non-regulated services arm of an existing Water UK member to join as a separate member.
Reduncancies continue at Royal Imtech as part of the major restructuring program announced in April 2013, while the Netherlands-headquartered Group is currently negotiating with its most important financiers on its financing agreements.
The Government is being formally challenged to review its decision on the Thames Tideway Tunnel.
Leading global water technology company Xylem has announced today that it has signed a cooperation agreement with WaTech®, the technological development centre of Mekorot, Israel’s national water company, to evaluate new water technologies and accelerate commercialization of innovative products and services.
A 280-strong team of specialist contractors has undergone rigorous training at a purpose built simulation facility in preparation for a £22 million survey of one of the UK’s largest and most important water pipes, United Utilities’ Haweswater aqueduct.
Portsmouth Water has set out its AMP6 proposals with the publication of a strategy document for consultation on its Draft Business Plan 2015 – 2020 – saying that the investment is likely to be higher than in AMP5.
Severn Trent Water’s £11 million investment to protect homes and businesses in South Leamington from sewer flooding will reach a crucial milestone at the end of this month.
South East Water is inviting stakeholders to come and see plans for a new £6.5 million water pipeline to help to secure water supplies for existing and future customers.
Albion Water, the first NAV (New Appointment & Variation) to have been established in1999 and now under the ownership of SDS Water Group, has appointed Andy Holland as its new Director of Business Development.
UK water companies are invited to join an upcoming webinar which will explore how the sector can take indirect potable reuse (IPR) from concept to full-scale operational reality.
James Sumsion, CEO of predictive water intelligence specialists Kohtari, says the water sector needs to take a giant leap forward, so that it can anticipate and act upon water quality issues - rather than merely react.
Ray Moulds, Sales Director at Flood Control International, takes a look at how automated sliding floodgates are supporting secondary containment at water and sewerage company sites.