Pandemic project delays pushes Cleveland Bridge into administration ...United Arab Emirates

Local News by : (ME CONSTRUCTION NEWS) -
Engineering and steel fabrication firm Cleveland Bridge has fallen into administration as a result of delays on several of its global infrastructure projects, bought on by the outbreak of COVID-19. The firm is owned by Saudi-based Al Rushaid Group. According to a report by Construction Index, joint administrators Martyn Pullin, David Willis, and Iain Townsend of specialist business advisory firm FRP have been appointed to help save the firm. The firm has 221 staff at its Darlington headquarters and satellite office in Newport, which opened in 2018. The business also has nearly 100 contracted workers on its books. The firm’s finances are said to have been heavily impacted when a major bridge-

Hence then, the article about pandemic project delays pushes cleveland bridge into administration was published today ( ) and is available on ME CONSTRUCTION NEWS ( United Arab Emirates ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Pandemic project delays pushes Cleveland Bridge into administration )

Last updated :

Also on site :

Most Viewed Local News
جديد الاخبار