Olympic venue builder suffers
Keller, the construction group which built the foundations for the 2012 London Olympic Stadium, reported a disappointing start to the year in Europe, and said it would continue to shrink its business in Spain, Portugal and Eastern Europe as those countries reel from a slump in construction activity.
"The [Europe, Middle East and Africa business] suffered from a very slow start to the year and consequently we incurred a significant loss in the first quarter," Keller said. The division contributed a third to its revenue last year.
Subscribe to Independent Premium to bookmark this article
Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies