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27 Oct 2021

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Downer Awarded $324 Million In Contract Wins And Extensions
Downer EDI Limited (Downer) announced today that its Asset Services business had recently been awarded a number of contracts in the power generation, oil and gas, and industrial sectors with a combined value of approximately $324 million

C-bomb salutation: Was it OK to retrieve the correspondence from letterboxes?
Downer defends decision to retrieve offensive letters from mailboxes: "We made the call".

Chorus keeps relationship with Visionstream as it signs contracts worth $450m
Chorus retains Visionstream and Downer as it signs contracts worth $450m.

Downer, Visionstream win $450M of Chorus maintenance contracts
Chorus has hired Downer EDI and Cimic Group's Visionstream to maintain its copper and fibre telecommunications network for the next three years at a cost of about $450 million

Downer's first-half NZ revenue flatlines as Hawkins, utilities make up for slower transport sales
Downer EDI's New Zealand business reported flat first-half sales as gains from its Hawkins construction and utilities businesses made up for weaker sales from transport infrastructure

Albania to relocate casinos, betting shops to city outskirts
TIRANA, Albania (AP) — Albania's government says it will relocate all casinos and betting shops out of residential areas to curb their spread, especially in the capital Tirana.Prime Minister Edi Rama said Tuesday that by Dec. 31...

Downer's NZ revenue jumps 59% as Hawkins makes full contribution
Sales at Downer EDI's New Zealand division rose 59 percent, benefitting from last year's purchase of parts of the Hawkins Group

Ex-Hawkins business in receivership, owing $30m
Construction firm Orange-H Group, set up to run legacy projects for Hawkins after its sale to Downer, has been put into receivership.

Ex-Hawkins Orange-H placed in receivership by shareholder; owes creditors $30 million
Orange-H Group, the McConnell entity set up to run down the residual Hawkins assets after the sale to Downer Group, has been tipped into receivership by its shareholder and creditor just 10 days after being ordered to pay $13.4 million...

Downer in dispute with Nautilus owners over roof repairs
Downer is in a dispute with owners of leaky apartments in Orewa's Nautilus tower, now under repair after a $25.07 million court payout.At issue is the repair of the roof of the building, partly covered in a 12-level protective wrap...

Central Hawke's Bay's $35m in roading contracts shared between Higgins and Downer
Central Hawke's Bay District Council has announced the signing of new partnerships with both Downer and Higgins. A procurement process was approved last year to administer the four major contracts that fall under the district...

Analysis: Govt will have to pay up to keep construction industry going
If New Zealand's construction industry is to thrive, the bottom line is that clients, particularly government ones, are going to have to pay more for buildings.Steve Killeen, chief executive of Downer's New Zealand operations, spelled...

New Plymouth council awards $155m contract for roads
The council has combined several small roading contracts into one $155m contract for Downer NZ.

Albania wants to block entry of Serbian mobile phone company
TIRANA, Albania (AP) — The Albanian government says it is against the takeover of the country's second-biggest mobile phone company by a Serbian counterpart.Prime Minister Edi Rama on Tuesday said Serbia Telekom "is not our preference"...

Hawkins sale proceeds used to settle claim on major project, receiver says
Funds from the sale of Hawkins Construction to Downer EDI were recycled back into the leftover businesses to settle a claim on a major project, wind down the remaining projects, and prepare for a growing number of legal disputes, the receiver says

Ex-Hawkins Orange-H placed in receivership by shareholder McConnell; owes creditors $30M
Orange-H Group, the McConnell entity set up to run down the residual Hawkins assets after the sale to Downer Group, has been tipped into receivership by its shareholder and creditor just 10 days after being ordered to pay $13.4 million over a leaky school