RSS Feed Press releases

1 October 2010

Utrecht/Bunnik, The Netherlands, 1 October 2010 – The Directorate-General for Public Works and Water Management (Rijkswaterstaat) and BAM signed the contract for the A12 Motorway on 2 July 2010 to design, build, finance and maintain (DBFM) the widening of the thirty kilometre long section of the A12 motorway between Utrecht-Lunetten and Veenendaal and have reached Financial Close on 23 September 2010.

28 September 2010

28 September 2010 - BAM is pleased to announce that it has reached financial close on Somerset County Council's £50 million BSF schools project. BAM PPP is sponsoring the deal with its sister company BAM Construct UK, providing an integrated solution with BAM Construction as building contractor. BAM Facilities Management will provide facilities management services throughout the 25 year operational concession period and RM Education will provide the ICT managed services to the schools. The senior debt is being provided by Dexia and SMBC.

27 September 2010

(Press release Icos Capital:) Badhoevedorp, The Netherlands, 27 September 2010: Icos Capital, the specialist cleantech investor in the Netherlands, and a consortium of listed Dutch industrial corporations  - Royal BAM Group, CSM and Imtech - and Delft University of Technology (DUT) have established a new investment fund to invest in innovative cleantech start-ups.

22 September 2010

15 September 2010 - Construction at Southampton University's Life Sciences building, smashed the company's carbon emissions target by a third, and recycled or re-used nearly 95% of its waste, placing it at the forefront of environmental management.

16 September 2010

Bunnik, The Netherlands, 16 September 2010 - The National Roads Authority has selected the BAM Balfour Beatty Consortium as preferred bidder for the N17 / N18 Gort to Tuam PPP Scheme in Ireland.

30 August 2010

Bunnik, The Netherlands, 30 August 2010 - BAM International bv, operating company of Royal BAM Group, together with engineering and construction company Clough Ltd has received a Letter of Intent from Chiyoda JGC Joint Venture to proceed with the design and construct of the LNG and condensate offloading jetty for the Papua New Guinea (PNG) LNG project. The contract is valued at approximately USD 260 million (more than EUR200 million). Engineering, procurement and planning work for the project has already commenced under a separate work order.

26 August 2010
  • Net result for the first six months of 2010: €50.6 million
  • Revenue for the first six months of 2010: €3,430 million
  • All sectors profitable, except Property
  • Order book increased to €12.4 billion (+12% on year-end 2009)
  • Rights issue completed successfully and new financing agreements implemented

Click here for the full press release.

26 August 2010
  • Nettoergebnis im ersten Halbjahr 2010: € 50,6 Millionen
  • Erträge im ersten Halbjahr 2010: € 3.430 Millionen
  • Alle Sektoren außer Immobilien gewinnbringend
  • Auftragsbestand steigt auf € 12,4 Milliarden (+ 12% gegenüber Ende 2009)
  • Bezugsrechtsemission erfolgreich abgeschlossen; neue Finanzierungsvereinbarungen in Kraft

Klick hier für die vollständige Presseerklärung.

19 August 2010

Birmingham, 19 August 2010 - Construction at Birmingham's Q3 Academy on Wilderness Lane, Great Barr has managed to divert an impressive 82% of its waste away from landfill sites, contractor BAM Construction has announced.

16 August 2010

St Albans, 16 August 2010 - The newly completed Cressex Community School has achieved a 'very good' rating from the Building Research Establishment (BRE), and a B rated Energy performance certificate (EPC) and its contractors today confirmed.

4 August 2010

The Hague, the Netherlands, 4 August 2010 - Tebodin has signed a contract with Voivod Joined Hospital in Elblag, Poland. The project comprises the construction of a new surgical block, anaesthesiology unit, intensive care unit, and central sterilization unit. The new building will have a surface area of more than 11,000 m2. The project is won by the Tebodin office in Gdansk in Poland.

23 July 2010

Bunnik, the Netherlands, 23 July 2010 – Network Rail has awarded the contract to build the company’s National Centre in Milton Keynes to BAM Construction. The contract value amounts to approximately €118 million (£100 million). BAM Construction will start construction of the 41,000 sq m (400,000 sq ft) building next month. Network Rail’s National Centre is scheduled to open in 2012.

15 July 2010

The Hague, 14 July 2010 - Tebodin Consultants & Engineers has set up new offices in Rostov, Russia, and in Sohar, Oman.

28 June 2010

Bunnik, 28 June 2010 - The Directorate-General for Public Works and Water Management (Rijkswaterstaat) has selected BAM as 'preferred bidder' for the widening of the thirty kilometre long section of the A12 motorway between Utrecht-Lunetten and Veenendaal. This involves a public-private partnership in which BAM is responsible for design, construction, financing and maintenance of the section over a period of twenty years. The contract value is around €260 million.

22 June 2010

(Press release Transport Scotland:) Glasgow, 21 June 2010 - Delivery of the Borders Railway moved a step closer today as Transport Scotland announced its intention to invite three organisations consisting of seven of Europe's biggest construction and financial companies to tender for the contract.

22 June 2010

Bunnik, The Netherlands, 21 June 2010 - The Executive Board of Royal BAM Group nv intends to appoint B. Schultze as managing director of BAM Infratechniek bv with effect from 1 September 2010. Bas Schultze (42) is currently area director of BAM Wegen (East).

18 June 2010

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18 June 2010

Bunnik, Netherlands, 17 June 2010 - Interbuild nv - an operating company of Royal BAM Group nv, active in the general construction market in Flanders and Brussels - has won a joint venture contract for the construction of the principal seat of the European Council. The contract includes the extension and renovation of Résidence Palace, located on the Wetstraat in the centre of the European quarter of Brussels. The project value amounts to approximately € 180 million, seventy percent of which is for Interbuild.

15 June 2010

Bunnik, The Netherlands, 15 June 2010 – Koninklijke BAM Groep nv ("Royal BAM Group" or the "Company") announces that, in connection with its 5 for 7 rights offering ("Rights Offering") of 96,569,057 new ordinary shares with a nominal value of EUR 0.10 each in the share capital of Royal BAM Group (the "Offer Shares") at an issue price of EUR 2.58 per Offer Share (the "Issue Price"), it has received subscriptions for 89,046,005 Offer Shares through the valid exercise of transferable subscription rights ("Rights"). This represents a take-up of approximately 92.2% of the offering size of approximately EUR 249 million.

15 June 2010

Bunnik, The Netherlands, 15 June 2010 – Koninklijke BAM Groep nv ("Royal BAM Group" or the "Company") announces, in connection with its 5 for 7 rights offering ("Rights Offering") of 96,569,057 new ordinary shares with a nominal value of EUR 0.10 each in the share capital of Royal BAM Group (the "Offer Shares"), the pricing and placement of the 7,523,052 Offer Shares that were issuable upon the exercise of transferable subscription rights ("Rights"), but have not been validly subscribed for during the exercise period ("Rump Shares").

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