RSS Feed Press releases

28 September 2006
Multifunctional stadium contract in Berlin for operating companies Royal BAM Group

Bunnik, Netherlands, 28 September 2006 – Müller-Altvatter (a German operating company of Royal BAM Group and specialized in building projects) in joint venture with its sister company HBM Stadien- und Sportstättenbau has won the building contract for the arena O2 World in Berlin. The client is Anschutz Entertainment Group (AEG), one of the leading sports and entertainment organisations in the world. The contract value amounts to EUR 103 million. The completion of O2 World is expected in August 2008.
18 September 2006
With final NMa fine, BAM draws line under 'old construction case'

Bunnik, Netherlands, 18 September 2006 - Royal BAM Group nv has concluded objection proceedings against the fines imposed by the Netherlands Competition Authority (NMa) in December 2003. The fines, totalling € 27.5 million, had been imposed by the NMa on several business units because of infringements of the Competitive Trading Act. Against the background of the 'cleaning house' operation that has taken place, the NMa has now lowered these fines to € 15.3 million. The provision taken by BAM in previous years has proven to be sufficient.
13 September 2006
European Commission fines BAM companies in bitumen sector

Bunnik, Netherlands, 13 September 2006 – The European Commission has announced that it is imposing a fine totalling € 20.7 million on BAM companies for distortion of competition on the bitumen market in the Netherlands. The alleged infringement relates to the period up to mid-April 2002.
11 September 2006
Flatiron wins $131 million in California highway contracts

Longmont, CO, September 11, 2006 – Flatiron Construction’s California subsidiary has been awarded two new contracts totaling $131 million. The largest contract is a $91M California Department of Transportation project to improve the I-238/I-580 and I-880 highways in San Leandro and Hayward, CA, about ten miles south of Oakland. The Department also awarded a $40 million contract to widen I-15 in San Diego, CA.
7 September 2006
Royal BAM Group raises profit forecast for 2006 to approximately €180 million
  • Net profit over first six months of 2006: €90 million (+27%)
  • Autonomous turnover growth in first six months of 2006: +6%
  • Order book at a high level: €12.3 billion
  • Further intervention at Wayss & Freytag Schlüsselfertigbau necessary
7 September 2006
Royal BAM Group erhöht Gewinnerwartung 2006 auf ca. € 180 Millionen
  • Nettoergebnis im ersten Halbjahr 2006: € 90 Millionen (+27%)
  • Autonomes Umsatzwachstum im ersten Halbjahr 2006: +6%
  • Auftragsbestand auf hohem Niveau: € 12,3 Milliarden
  • Weitere Maßnahmen bei Wayss & Freytag Schlüsselfertigbau erforderlich
5 September 2006
Altbausanierung erhöht Wohnqualität in Nürnberger Stadtteil

Nürnberg, 5. September 2006 - Lediglich vier Monate wird die Modernisierung von 176 Wohnungen im Nürnberger Stadtteil Mögeldorf dauern. In einer Arbeitsgemeinschaft realisiert Wayss & Freytag Schlüsselfertigbau, ein Unternehmen der Royal BAM Group, das Bauvorhaben zusammen mit Völkel + Heidingsfelder. Auftraggeber ist die wbg Nürnberg GmbH Immobilienunternehmen als Eigentümer.