RSS Feed Press releases

31 March 2011
Infrastructure cost review implementation plan; ICE announces industry champions

(Press release Institution of Civil Engineers:) London, 31 March 2011 - Commenting on the Cost Review Implementation Plan published today by Infrastructure UK, Institution of Civil Engineers (ICE) President Peter Hansford said:
30 March 2011
Appointment of ICT Director by Royal BAM Group

Bunnik, 30 March 2011 – The Executive Board of Royal BAM Group NV has appointed Ms A. Sundermeijer as the company’s ICT Director effective 1 May 2011. Andrea Sundermeijer joined BAM on 1 April 2010 as Head ICT Services.
23 March 2011
Fraudulent recruitement

Gouda, the Netherlands, 23 March 2011 - BAM Civiel has been informed that on Czech websites fraudulent messages have been published, saying that subsidiary BAM Project Support – which has been renamed in BAM Speciale Technieken – is searching for construction workers who would like to work in the Netherlands. The applicants are obliged to pay € 200.- in advance.
16 March 2011
BAM improves navigation on Sierra Leone river

Bunnik, the Netherlands, 16 March 2011 - BAM International, the operating company of Royal BAM Group active outside Europe, has won in a (50/50) joint venture with Stefanutti Stocks (a large construction group from South Africa) the contract to construct 37 navigation aid structures and two mooring dolphins in Pepel (close to Sierra Leone’s capital Freetown) on the Sierra Leone river.
9 March 2011
Top ranking places BAM in Welsh environmental elite

Hemel Hempstead, 9 March 2011 - Groundwork Wales has certified BAM Construction as a level-five company on its Green Dragon Environmental Standard. The ranking is the highest possible and places BAM - which has offices in Cardiff and Bristol - in the best performing eight per cent of members alongside organisations such as the National Assembly for Wales.
4 March 2011
BAM wins PPP contract for two German hospitals

Bunnik, the Netherlands, 4 March 2011 – Hochtaunus Kliniken GmbH in Bad Homburg has awarded a PPP contract for the construction of two new hospitals to a Yolande Verwaltungsgesellschaft mbH & Co Vermietungs KG and BAM joint venture. This DBFM – design, build, finance and maintenance – contract for the two hospitals in Bad Homburg and Usingen, just north of Frankfurt, will run for a period of 25 years. The contract value for BAM is nearly €200 million.
4 March 2011
Construction team behind new Student Union building for Newcastle University rings up 20,000 Man Hours

Hemel Hempstead, 4 March 2011 -  Refurbishment work at the new Union Society building for Newcastle University has reached a milestone 20,000 man hours.
4 March 2011
BAM set to refurbish a Grade II listed £22 million commercial office building in the heart of London's Midtown area

Hemel Hempstead, 4 March 2011 – BAM Construction in London is set to deliver a new £22 million commercial office building in the heart of London’s Midtown area. Africa House, at 64 - 78 Kingsway, is a development by Daejan Investments, a part of The Freshwater Group of Companies, located close to Holborn tube station and close to Lincolns Inn Fields and the Royal Courts of Justice.
3 March 2011
BAM closes financial year 2010 with a net result of €15 million
  • Good performances in the construction, civil engineering and consultancy and engineering sectors: profit € 211 million (profit 2009: € 203 million)
  • Loss in the property sector: €187 million including the earlier announced impairments (loss in 2009: €266 million)
  • Revenue: €7.6 billion (2009: €8.3 billion; -9%)
  • Order book: €12.1 billion at year-end 2010 (€11.1 billion at year-end 2009; +9%)
  • Dividend proposal: €0.03 dividend with stock option (2009: €0.10 cash dividend)
  • Outlook 2011: net profit level of €120 million with comparable revenue

Click here for the full press release.
3 March 2011
Composition Supervisory Board Royal BAM Group

Bunnik, the Netherlands, 3 March 2011 – On 26 August 2010, the Supervisory Board has announced the intention to propose that Ms C.M.C. Mahieu be appointed to the Supervisory Board for a four-year period by the General Meeting on 20 April 2011, if the General Meeting does not make any other recommendations. With regard to this vacancy the Central Works Council has exercised its reinforced right of recommendation as referred to in Article 2:158 paragraph 6 of the Dutch Civil Code.
3 March 2011
BAM schließt Berichtsjahr 2010 mit Jahresergebnis von € 15 Millionen ab
  • Gute Leistungen der Sektoren Bau, Ingenieurbau und Consultancy und Engineering: Gewinn € 211 Millionen (Gewinn 2009: € 203 Millionen)
  • Verluste im Immobiliensektor: € 187 Millionen einschließlich bereits veröffentlichter besonderer Wertminderungen (Verlust 2009: € 266 Millionen)
  • Erträge: € 7,6 Milliarden (2009: € 8,3 Milliarden; -9%)
  • Auftragsbestand € 12,1 Milliarden ultimo 2010 (€ 11,1 Milliarden ultimo 2008; +9%)
  • Dividendenvorschlag € 0,03 Wahldividende (2009: € 0,10 in bar)
  • Erwartung 2011: Jahresergebnis von € 120 Millionen bei vergleichbaren Erträgen

Download pdf: BAM schließt Berichtsjahr 2010 mit Jahresergebnis von € 15 Millionen ab.
2 March 2011
Publication annual results 2010 at 3 March 2011

Bunnik, the Netherlands, 2 March 2011 -  Royal BAM Group nv will publish its annual results 2010 – as previously announced – on Thursday 3 March 2011 at approximately 7.30 CET. The company warns that today an unknown third party has sent out a fake press release (in the Dutch language) at approximately 14.30 CET, which can be recognized by the dateline of 2 March 2011. This so-called press release contains incorrect and totally unjustified financial information.