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Stock Market & Financial Investment News

News Breaks
November 19, 2012
14:16 EDTHILHill International awarded $109M contract
Hill International announced that it has been awarded a contract by the Ministry of Transport and Communications and the Public Authority for Civil Aviation of the Sultanate of Oman to provide consulting engineering services in connection with the approximately OMR 2B ($5.2B) expansion and modernization of Muscat International and Salalah Airports. The two-year contract has an estimated value to Hill of approximately OMR 41.8M ($108.5M). The expansion of Muscat International Airport, the largest airport in Oman, includes a new terminal that will have a capacity of 12M passengers annually. The expansion of Salalah Airport, the second largest airport in Oman, involves upgrading it from primarily a domestic airport to make it more suitable for international travelers, including building a new runway long enough to handle the A380 Airbus, and a new terminal that will improve the airport's capacity to 1M passengers annually.
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March 2, 2015
09:05 EDTHILHill International names project manager for new EIB building in Luxembourg
Hill International announced that its subsidiary Hill International N.V. has received a contract from the European Investment Bank, or EIB, to provide project management services during design and construction of EIB's new headquarters building located in Luxembourg. The eight-year contract has an estimated value to Hill of approximately $8.5M. The new building will have a capacity for 1,500 work stations and an estimated gross area of approximately 74,500 square meters. It will house the staff actually located in the original EIB building which is coming to the end of its lifecycle. The new building is expected to obtain a BREEAM environmental building certification of "Excellent". As project manager, Hill will be responsible for managing the coordination of the project, the risks, the contracts, claims modifications, documents, communication and commissioning, as well as for coordinating security, health and safety and for overseeing design.
February 18, 2015
09:06 EDTHILHill International receives $30M ID/IQ contract from GSA Region 3
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