RSS Feed Press releases

18 December 2008

Bunnik, The Netherlands, 18 December 2008 - Interbeton bv - the operating company of Royal BAM Group nv, active outside Europe - has received the letter of intent for the construction of the concrete frame and associated works for a 525 key Mövenpick Hotel and the Welcome Pavilion for Ferrari World and the Shopping Mall, on Yas Island Abu Dhabi in the United Arab Emirates. The project is the second project secured on the Yas Island development following the award of the Crowne Plaza Hotel and Staybridge Serviced Apartments in January 2008.

17 December 2008

(Press release Sperian Protection:) Working in close conjunction with BAM Construct UK, one of the UK's leading construction services organisations, Sperian Protection has developed a novel and effective method of using protective gloves as a medium for delivering safety messages to workers in the construction industry.

16 December 2008

Royal BAM Group nv has appointed Mr P.R.E. Snippe as Manager Investor Relations with effect from 1 January 2009. Patrick Snippe (40) will succeed P. Juge, who has accepted a position elsewhere as of the same date.

28 November 2008

Bunnik, the Netherlands, 27 November 2008 - Interbeton Abu Dhabi LLC and Aldar Properties PJSC celebrated the construction topping out ceremony of the Crowne Plaza Hotel and Staybridge Apartments on Yas Island, Abu Dhabi.

27 November 2008
  • Net result for the first nine months of 2008: €191.5 million (+4%)
  • Revenue for the first nine months of 2008: €6.3 billion (+6%)
  • Dutch residential sales from own property developments decline with more than 35%
  • Interest in property developer AM increased to 100% as of 1 February 2009
  • Order book as of 30 September 2008: €14.1 billion
  • Profit forecast 2008 maintained: net profit of at least €260 million

Click here for the full press release.

27 November 2008
  • Nettoergebnis in den ersten neun Monaten 2008: € 191,5 Millionen (+4%)
  • Erträge in den ersten neun Monaten 2008: € 6,3 Milliarden (+6%)
  • In den Niederlanden gut 35% weniger Verkäufe von Wohnungen aus eigener Entwicklung
  • Beteiligung am Immobilienentwickler AM wird zum 1. Februar 2009 auf 100% erweitert
  • Auftragsbestand zum 30. September 2008: € 14,1 Milliarden
  • Bestätigung der Gewinnerwartung für 2008: Nettoergebnis mindestens € 260 Millionen

Klick hier für die vollständige Presseerklärung.

25 November 2008

Bunnik, The Netherlands, 25 November 2008 - Investor DIF (Dutch Infrastructure Fund) has agreed to acquire an additional 25 per cent of the shares in the joint venture with BAM PPP with the transaction to be completed in early December 2008. This joint venture in which both parties will then hold an equal share was established in December 2007 and has four operational UK PPP projects in its portfolio. The additional divestment of 25 per cent by BAM PPP will result in a book profit for BAM of approximately €10 million. This book profit was already included in BAM's net profit forecast for 2008, as published in the half-year report on 28 August 2008.

13 November 2008

Colindale, London, 13 November 2008 - BAM Construction has been appointed by Sutton Coldfield College as the preferred contractor for its £44million Riverside Campus project. The company is now in negotiations with the College to discuss the successful delivery of the new campus which requires approval from the Learning and Skills Council before the project can go ahead.

11 November 2008

Bunnik, The Netherlands, 10 November 2008 - Interbuild nv - operating company of Royal BAM Group, active on the non-residential building market of Flanders and Brussels - has won the contract for the construction of the Flemish Administrative Centre in Leuven. The project value amounts to approximately € 30 million. The project has been developed by Diestsepoort nv, a consortium including Kaïros, the Belgian property development company of Royal BAM Group. Diestsepoort will let the building for a period of 27 years to the Flemish government.

5 November 2008

Bunnik, The Netherlands, 5 November 2008 – The Locorail consortium formed by BAM PPP (50%), CFE (25%) and Vinci Concessions (25%) has won the contract to build the Liefkenshoek Rail Link in Antwerp. The client is Belgian rail network infrastructure manager Infrabel. Locorail is responsible under this public-private partnership contract for the design, construction and financing of the new railway tunnel and for its maintenance for a period of 38 years. The contract value amounts to around €840 million.

31 October 2008

Bunnik, the Netherlands, 31 October 2008 - BAM Utiliteitsbouw bv and engineering consultancy Triplan raadgevend ingenieurs bv in Hilversum, the Netherlands have reached agreement about a proposed takeover of Triplan by BAM.

17 October 2008

Bunnik, The Netherlands, 17 October 2008 – The talks which began in May 2008 between Royal BAM Group nv and the two other shareholders of Van Oord with regard to the sale of the 21.5%-interest in Van Oord are held up. Both parties conclude that the current situation on the financial markets does not allow a successful conclusion of the talks.

16 October 2008

BAM Construction has cut the first sod at Severn Trent Water's £60 million eco-friendly operations centre in Coventry. It is designed to have one of the lowest carbon footprints of any office in Britain, with low energy use and a central location. The seven-storey building on the site of a former car park in the city centre will house 1,700 staff when it opens.

16 October 2008

Bunnik, The Netherlands, 16 October 2008 - The Executive Board of Royal BAM Group nv has appointed Mr H.M.E. te Duits as director of BAM Civiel with effect from 1 December 2008. Erik te Duits (49) is currently director BAM Wegen area The Hague.

7 October 2008

Bunnik, Netherlands, 7 October 2008 - Royal BAM Group has acquired all shares of the Belgian mechanical & electrical company FED Holding sa, which is based in Saint-Nicolas, Belgium. The shares were held by the management.

1 October 2008

Bunnik, The Netherlands, 1 October 2008 - The Executive Board of Royal BAM Group nv has appointed Mr Richard Fielder (until now Managing Director) Chief Executive of BAM PPP bv.

30 September 2008

(Press release Tebodin:) The Hague, 30 September, 2008 - Tebodin Consultants & Engineers has set up a new office in Kharkiv, East Ukraine. Kharkiv is Tebodin's third Ukraine office; previous offices were established in Kiev (1993) and Lviv (2006). With over 150 employees, fast-growing Tebodin Ukraine CFI works on diverse projects for international and local clients in various markets.

29 September 2008

Bunnik, Netherlands, 29 September 2008 - Royal BAM Group is set to establish its brand across its British and Irish group companies during October 2008 and across its international group company during 2009.

25 September 2008

Camberley, 25 September 2008 - Nuttall John Martin has been awarded a £2.2 million contract by Southend-on-Sea Borough Council to restore Southend Pier.

25 September 2008

(Media release Olympic Delivery Authority:) 24 September 2008 - The Olympic Delivery Authority (ODA) today announced the appointment of a contractor to manage the delivery of the northern section of parklands in the London 2012 Olympic Park, which will be one of the largest new urban parks of its kind in Europe for 150 years.