LEADING Irish construction firm John Sisk & Son is part of a joint venture to be awarded a €600m rail tunnelling contract in London, which is set to form part of Europe’s largest infrastructure project.

JOHN SISK & SON, the construction arm of the Sisk Group, has begun work on high profile contracts worth in excess of €300 million in Britain in the past nine months.

THE Sisk Group has won a €60 million development contract to build a major hospital in al-Ain, the second largest city in Abu Dhabi, with work due to commence next month and completion expected in two years’ time.

MERGERS and acquisitions (M&A) increased 8.8% in the first quarter of 2010 on the same period last year.

TWO of the country’s biggest construction firms have been fined a total of €14.25 million as part of a major fraud investigation in Britain into illegally rigging contracts.

CONSTRUCTION giant John Sisk & Son paid out a dividend of more than €90 million last year as pre-tax profits fell by €2.5m.

PRE-TAX profits at the Sisk Group slumped 21.5% to €64.2 million last year in what the company called a competitive market.