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31 May 2002

A new piece of the city in the city. That is what Amsterdam hopes to achieve with the Zuidas. In 2030 plans for the area along the southern part of the A10 ring road, with the Zuid/World Trade Center railway station at its heart, will provide additional housing to 12,000 people and extra working space to another 50,000 people. On behalf of Projectbureau Zuidas, Tebodin has drawn up a master plan for the energy and utility facilities.

20 May 2002

Grupo Dragados and "la Caixa" bank agree to promote the third Eropean toll road operator by merging Áurea and Acesa

press release of Grupo Dragados

  • The new company would be the Spanish leader in transport and communications infrastructure management and Europe's third toll road operator after ASF and Autoestrade, while reinforcing its world leadership in the comprehensive management of transport infrastructures.
  • The new company's market capitalization would surpass 4,500 million euros, placing it among the stocks with the greatest capitalization on the IBEX 35 index.
  • Grupo Dragados and "la Caixa" bank will propose the merger of Áurea and Acesa to their Boards of Directors.  Áurea would be absorbed by Acesa and Acesa's name would be changed.
  • The swap has been set at 2.06 shares of Acesa for 1 share of Áurea.
  • This operation is not related to the takeover bid made by Acesa today for the control of Iberpistas.

Madrid, May 20, 2002. Grupo Dragados and "la Caixa" bank have agreed to promote and propose to the Boards of Directors of Áurea and Acesa, of which they are main shareholders, a project to merge the two companies.  The result would be the leading Spanish group in the field and one of the main European toll road operators, reinforcing their world leadership in integrated transport and communications infrastructures management.

10 May 2002
  • Aggregate sales increase 8.4% in the quarter and net sales 9.2%.
  • The drop in concession activity in Argentina and the reduction of extraordinary gains in the Services Division have brought net profit down by 2.6%

Press release of Grupo Dragados

Madrid, May 10, 2002 - Grupo Dragados net profit in the first quarter of 2002 reached 39.4 million euros, 2.6% less than in the first quarter of 2001 and gross operating profit grew 6% in the same period to 50.2 million euros. Grupo Dragados maintains its expectations for the end of the year, since these results are in line with the company's prospects.

9 May 2002

Edmund Nuttall Ltd has received a major safety and environmental award from client Kimberley Clarke for its outstanding safety record whilst constructing an effluent treatment plant in Barrow in Furness.

8 May 2002

Ritchies, the geotechnical division of Nuttall, recently completed stabilisation of a 1.5 kilometre rock cutting on the M5 motorway in North Somerset. Ritchies work included removing more than 40,000 m2 of vegetation and 150 tonnes of bulk rock removal.

7 May 2002

Ballast Ham Dredging has begun a dredging project in the Port of Dar es Salaam in Tanzania. The navigation channel is being deepened and straightened to give larger ships access to the port.

6 May 2002

Construction on the design-build project, the Thomas B. Manuel Bridge, began in December 2001 after seven months in the design phase. Misener Marine, part of HBG Constructors, was awarded the $25 million contract by the Florida Department of Transportation in March 2001.

5 May 2002

Up to the end of May, HBG Schakel & Schrale will be working on Lange Voorhout Palace in The Hague. The restoration specialists are responsible for the placing of new wooden shutters in the back. These are part of a new climate-control system.

4 May 2002

HBG Civiel Steel Structures has successfully completed the installation of a transformer module located off the Danish coast. The 1,000-tonne platform was lifted into place by the crane ship Asian Hercules.

3 May 2002

Frankfurt-based energy utility Mainova is getting more than just a roof over its head. HBG’s group company Wayss & Freytag Schlüsselfertigbau is constructing an entirely new building in the city for the company. The industrial design of the building is perfectly in tune with its multifunctional character.

2 May 2002

Nuttall has secured a contract valued at nearly 42.5 million euros to undertake coastal protection work for Scarborough Borough Council.

2 May 2002

Rijswijk, the Netherlands - HBG, Hollandsche Beton Groep nv, announces that HBG and Grupo Dragados SA are working as keenly as ever to implement the merger of the two companies on the basis of the agreements and principles arrived at by them on 5 March of this year.

1 May 2002

Interbeton is currently working on the construction of the reinforced concrete frame of two hotel wings and a car park in Abu Dhabi.