RSS Feed Press releases

14 December 2007

Work is now well underway on the £10m state-of-the-art Garden World at Bentham's Way in Southport. Set to open in March 2008, the roof of the building is in place and HBG Construction has now started work on the 5,000 m2 garden centre. The 6 hectare site, located on the eastern edge of the town, occupies a rural position within Sefton, Liverpool.

13 December 2007

London, 10 December 2007 - HBG Construction Western, which has offices based in Bristol, Exeter and Cardiff, has been awarded three major new projects.

12 December 2007

London, 10 December 2007 - HBG Properties is to develop 170,000 sq ft of office space at the Aspire site close to Junction 4 on the M42.

11 December 2007

Bunnik, Netherlands, 11 December 2007 - Wayss & Freytag Ingenieurbau - the German tunnel specialist of Royal BAM Group nv - has won a contract (in joint venture with Held & Francke and Habau) for the construction of the Hengsberg tunnel with a length of approximately 1.7 kilometre near Koralm. The tunnel is part of the new high-speed railway line between Graz and Klagenfurt in Austria. The contract includes also the construction of three escape shafts, six kilometre railroad embankment and several other elements of civil engineering works. Wayss & Freytag Ingenieurbau is leading the consortium. The total contract value amounts to approximately € 75 million.

10 December 2007

Bunnik, The Netherlands, 10 December 2007 - The joint venture between BAM PPP and investor DIF (Dutch Infrastructure Fund) - which was announced by Royal BAM Group on 29 May 2007 - is now established and has acquired four operational projects from BAM PPP. Initially BAM PPP will hold 75 per cent of the new company, but the intention of both parties is to have equal shares by the end of 2009. The initial divestment of 25 per cent results in a book profit for BAM of approximately €12.5 million. This amount was already included in BAM's net profit forecast for 2007 of at least €310 million, as published 29 November.

7 December 2007

Bunnik, The Netherlands, 7 December 2007 - The Executive Board of Royal BAM Group nv has appointed Mr W. Konings chairman of the management of BAM Wegen bv at Utrecht with immediate effect. Wim Konings (55) is the successor of B.J. Wierenga, who has accepted a position elsewhere. Mr Konings was already director of BAM Wegen.

6 December 2007

HBG Construction has started work on the Mann Island development in Liverpool city centre. The clients are property developers Neptune Developments and Countryside Properties.

6 December 2007

Bunnik, The Netherlands, 6 December 2007 - The sale of the US operating company Flatiron by Royal BAM Group nv to Hochtief AG (as announced 25 September last) has been officially closed today.

3 December 2007

Bunnik, The Netherlands, 3 December 2007 - Royal BAM Group nv will sign a covenant with FSC Nederland on 4 December 2007. As part of the agreement, BAM will commit itself to do all it can to use FSC timber in all the projects being developed by the Group. In addition, BAM will push for the use of FSC timber in orders involving third parties. Timber with the internationally recognised FSC mark meets the most stringent requirements in terms of nature-friendly socially and economically responsible forestry management. The covenant is to be signed on behalf of FSC Nederland by its director Sandra Mulder, while Nico de Vries, vice-chairman of the Executive Board, will sign for BAM.