India Ranks Among Top 10 Branded Residences Markets: Savills
Kobelco to Acquire 70% Stake in CNH Construction Business
CNH Industrial has recently signed a definitive agreement with Kobelco Construction Machinery, a wholly owned subsidiary of Kobe Steel, to establish a joint venture for its construction equipment business. Under the agreement, Kobelco will acquire a 70 per cent stake, while CNH will retain 30 per cent ownership.The transaction values CNH's construction equipment business at $1 billion, with the company expected to receive approximately $700 million in cash, subject to customary adjustments. CNH plans to utilise the proceeds to reduce debt and strengthen its financial position.The joint venture..
Raimondi Appoints Roland Trading as Terex RT Dealer in Bulgaria
Raimondi Group has recently appointed Roland Trading as the official dealer for its Terex Rough Terrain (RT) crane division in Bulgaria, strengthening its distribution network and customer support capabilities across Eastern Europe. The agreement was marked by the sale of three rough terrain cranes, comprising one TRT 50 and two TRT 100 models.The appointment forms part of Raimondi's strategy to expand its European dealer network and improve access to lifting equipment, technical services and aftermarket support across the region.Roland Trading brings extensive experience with the Terex brand,..

