RSS Feed Press releases

14 June 2010

(Press release Olympic Delivery Authority:) London, 10 June 2010 - The ODA has announced, during London 2012 Sustainability Week, that nearly two million tonnes of contaminated soil has been cleaned for reuse on the Olympic Park in the UK's largest ever soil-washing operation.

11 June 2010
  • £700 million upgrade to bring better journeys for thousands of Londoners
  • Upgrade a crucial part of TfL's multi-billion pound Investment Programme

(Press release Transport for London – London Underground:) London, 10 June 2010 – Victoria Tube station, one of the busiest and most congested on the network, is set for a radical £700 million transformation as TfL today announced that a contract has been awarded for its redevelopment.

11 June 2010

Bunnik, The Netherlands, 11 June 2010 - A VINCI/BAM Nuttall joint venture has been awarded a contract by Transport for London (TfL) to upgrade Victoria tube station. The contract value for BAM Nutall amounts to approximately €160 million (more than £130 million).

10 June 2010

Bunnik, The Netherlands, 10 June 2010 - BAM Nuttall Ltd, the British civil engineering specialist of Royal BAM Group, has started the construction of the 13.4 kilometre long Luton Dunstable Busway. The contract value for BAM Nuttall amounts to more than € 55 million (more than £ 50 million). Client is Luton Borough Council.

4 June 2010

Kill, County Kildare, Ireland, 28 May 2010 - The last leg of the Dublin Cork Motorway, the M7/M8 Portlaoise to Cullahill / Castletown PPP Motorway Scheme, was opened by An Taoiseach Mr Brian Cowen TD on Friday 28 May. The motorway was constructed by BAM in joint venture, part of the Celtic Roads Group (CRG). CRG comprises BAM, Iridium and NTR. The M7/M8 works involved the design, finance and construction of approximately 41 km of new-build motorway and its operation and maintenance commenced immediately on its opening.

1 June 2010

(Press release Luton Borough Council) Luton, 1 June 2010 - Luton Borough Council hosted a groundbreaking start-of-works ceremony for the £89 million Luton Dunstable Busway this morning (Tuesday 1 June). Cllr Roy Davis, Portfolio Holder for Regeneration at Luton Borough Council, officially launched the scheme by turning the first earth. He said it was 'a landmark moment' for the high-tech public transport project which has been 16 years in the making. By 2012, completion of the busway will revolutionise public transport in Luton and Dunstable, reduce severe traffic congestion and deliver environmental improvements.

31 May 2010
  • EUR 249 million rights offering fully underwritten by ING, Rabobank and RBS
  • Issue price represents a discount of approximately 38.3% to the theoretical ex-rights price
  • Record date on 31 May 2010
  • Exercise period and trading rights from 1 June 2010 up to and including 14 June 2010
  • Rump offering (if any) on 15 June 2010
31 May 2010

Click here for the full press release.

20 May 2010
  • Net result for the first quarter of 2010: €9.9 million
  • First quarter revenue €1.542 million
  • All sectors profitable except Property
  • Order book rises to €11.5 billion

Click here for the full press release.

20 May 2010

Bunnik, The Netherlands, 20 May 2010 - The Supervisory Board of Royal BAM Group nv announces that Mr J.A.P. van Oosten will hand over the chairmanship of the Executive Board of Royal BAM Group nv to Mr N.J. de Vries on 1 October 2010. Joop van Oosten will retire as per 31 March 2011 (at the age of 63) after a career with the Group which has spanned thirty-five years.

3 May 2010

Bunnik, The Netherlands, 3 May 2010 - BAM International bv - the operating company of Royal BAM Group nv, active outside Europe - has won in joint venture with the Danish civil engineering contractor Per Aarsleff A/S a road construction contract in Tanzania with a contract value of approximately US$97 million, of which half for BAM.

29 April 2010

London, 29 April 2010 - Royal BAM Group companies in the UK are reporting solid results for the year ending 31 December 2009. The combined turnover for BAM Construct UK, BAM Nuttall and BAM PPP amounts to just over £1.8 billion with a combined pre-tax profit of £49 million. This represents a margin of 2.7% – one of the best in the sector.

20 April 2010

Carlow, Ireland, 20 April 2010 - Carlow Town Council has appointed BAM Building Ltd, Kill, Co. Kildare as the main contractor to construct the new Carlow County Museum premises.

19 April 2010

Bunnik, The Netherlands, 19 April 2010 - Royal BAM Group has discussed (as announced in the press release of the annual figures for 2009 on 4 March 2010) adjustments to the covenants and extension of the two loans and the facility with the syndicates of banks.

19 April 2010

The Hague, The Netherlands, 19 April 2010 - Tebodin Consultants & Engineers - operating company of Royal BAM Group nv - and the Libyan company P.C.C. (Petroleum & Chemicals Consultancy) have signed a joint venture agreement to set up a consultancy and engineering company named Tebodin, Design & Engineering Technology, Libya in Tripoli, the capital city of Libya. The joint venture is based on 60 percent shares for Tebodin B.V. and 40 percent shares for P.C.C. With the establishment of Tebodin Libya, Tebodin enters the African continent.

8 April 2010

(Press release Leeds City Council:) Leeds, 8 April 2010 - World leading construction company, BAM Construction, has been selected as the preferred contractor to build the Leeds Arena.

25 March 2010

(Press release BAM Construct UK Ltd.:) 25 March 2010 - The University of Warwick has appointed BAM Construction to deliver its new Physics and Chemistry Research Laboratory.

18 March 2010

Bunnik, Netherlands, 18 March 2010 - The Supervisory Board of Royal BAM Group nv wishes to announce that Mr R.J.N. Abrahamsen and Mr W. van Vonno will step down as members of the Supervisory Board of the company following the annual general meeting on 21 April 2010, due to the expiry of the term of their appointments.

16 March 2010

16 March 2010 - The Carlow VISUAL Centre for Contemporary Art and George Bernard Shaw Theatre, designed by Terry Pawson Architects and built by BAM, received a Civic Trust Award at the awards in Liverpool on Friday 12 March last. The Civic Trust Award is one of the foremost Architectural awards in the UK and Ireland.

9 March 2010

Hemel Hempstead, 8 March 2010 - BAM Construct UK today announced that it has been appointed by Lend Lease to build the recently revealed Bluewater Events Venue, a unique 55,000 sq ft (5,200 m2) events and exhibition venue. The news coincided with the start of construction of the £60 million development, which is scheduled to host its first events in late 2011.