RSS Feed Press releases

22 August 2014
Senior appointment at BAM FM
Senior appointment at BAM FM

Hemel Hempstead, 22 August 2012 - BAM FM has appointed Simon Barnes as its head of Business Development. He takes up the newly created position which managing director Kath Fontana says is closely aligned to business development strategy within BAM FM. Simon Barnes, who has joined BAM FM from Mitie, will lead the business development team and has a background in developing and securing contracts across many different sectors.
21 August 2014
BAM reports break even result before tax for the first half of 2014
  • Construction and M&E services: lower revenue and results related to Dutch activities
  • Civil engineering: result includes losses of €68 million on two projects as announced on 7 July
  • Property: result driven by success of commercial property divestments; encouraging trends in Dutch residential market
  • PPP: five projects transferred into the joint venture with PGGM
  • Order book: growth in Construction and M&E services, Civil engineering and PPP
  • Actions: preparation phase for cost reduction/restructuring (€100 million) and working capital improvement (€300 million) programmes nearly complete
  • Outlook: BAM expects a result before tax, impairments and restructuring charges for the full year of about €20 million

Click here for the full press release.
21 August 2014
Composition Executive Board Royal BAM Group nv

Bunnik, the Netherlands, 21 August 2014 – The Supervisory Board of Royal BAM Group nv announces that Nico de Vries will hand over the chair of the Executive Board to Rob van Wingerden with effect from 1 October 2014. Mr De Vries (63) will retire after a career of 38 years with the Group, as of 1 April 2015.
12 August 2014
Successful start of marine construction works on Aqaba LNG project in Jordan
Successful start of marine construction works on Aqaba LNG project in Jordan

Bunnik, the Netherlands, 12 August 2014 – BAM has successfully driven the first pile at the LNG jetty in Aqaba, Jordan. Together with its sister company BAM Contractors from Ireland and its Jordanian joint-venture partner MAG Engineering & Contracting Co. BAM International was awarded the Engineering, Procurement and Construction (EPC) of the LNG jetty in November 2013. BAM Infraconsult is involved in the designing of the civil works. The project is proceeding as scheduled and the hand-over to Aqaba Development Corporation (ADC) is expected in April 2015.
12 August 2014
BAM wins joint venture contract for new sustainable district Tivoli in Brussels
BAM wins joint venture contract for new sustainable district Tivoli in Brussels

Bunnik, the Netherlands, 12 August 2014 - Immo BAM, a subsidiary of BAM’s Belgian operation company CEI-De Meyer that specialises in project development, has won in joint venture (50/50) with property developer Pargesy,  the contract for realisation of Tivoli sustainable district in Brussels. The client is citydev.brussels, the organisation responsible for the urban renewal policies of Brussels. The contract value is more than € 95 million.
11 August 2014
Royal BAM Group trading statement first half 2014

Bunnik, the Netherlands, 11 August 2014 - Royal BAM Group nv noted significant movement on the share price on 8 August 2014. 
4 August 2014
New Cornwall Council offices ‘exemplary’ in safety performance

Hemel Hempstead, 4 August 2014 - A flagship construction project for Cornwall Council has been selected as a stand out project for its approach to health and safety – by two separate inspections. The new offices at the Beacon Technology Business Park in Bodmin emerged with a glowing report when the construction industry’s independent CCS body (Considerate Constructors’ Scheme) visited this month, scoring nine out of ten, placing it in the ‘exceptional’ category.
4 August 2014
BAM chosen by Bradford to build new Advanced Technology Centre
BAM chosen by Bradford to build new Advanced Technology Centre

Hemel Hempstead, 3 August 2014 - BAM is to build a £10 million Advanced Technologies Centre for Bradford College. The company will create the three-storey building across the road from the campus it is currently building for the college in the centre of the Yorkshire city.
31 July 2014
First pile driven at petroleum jetty in Sierra Leone
First pile driven at petroleum jetty in Sierra Leone

Bunnik, the Netherlands, 31 July 2014 – BAM International and its South African joint-venture partner Stefanutti Stocks have driven the first pile for the construction of  the petroleum jetty at the Kissy Oil Terminal of Freetown in Sierra Leone.
31 July 2014
BAM Nuttall and Morgan Sindall joint venture awarded M1 Junctions 19 to 15 Advance Work

Camberley, 30 July 2014 - Joint venture bmJV, consisting of BAM Nuttall and Morgan Sindall, has been appointed to a £35 million barrier renewal works package on the M1 Junctions 19 to 16. 
30 July 2014
Withernsea High School
BAM chosen for the second batch of Hull and East Riding priority schools

Hemel Hempstead, 30 July 2014 - BAM has secured preferred bidder status for four Hull and East Riding priority schools. The batch of schools, collectively valued at around £38 million, includes two secondary schools and two primary schools and together will provide learning spaces for 3,230 pupils.
29 July 2014
BAM to build £33 million residential care facility
BAM to build £33 million residential care facility

Hemel Hempstead, 29 July 2014 - BAM is to build a £33 million residential care facility in Oxfordshire. The contractor is to construct a retirement village, Richmond Witney, for Richmond Care Villages, who are part of Bupa. The 4 ha facility will include space for approximately 240 residents, as well as a restaurant, a gym, a swimming pool, a library, a shop and an outdoor bowling green.
29 July 2014
BAM Clough JV completes first Ichthys LNG facility in Australia
BAM Clough JV completes first Ichthys LNG facility in Australia

Bunnik, the Netherlands, 29 July 2014 – BAM Clough Joint Venture has completed the design and construct contract for the Ichthys LNG Project’s Module Offloading Facility (MOF) near Darwin, Northern Territory, Australia for client JKC Australia LNG (JGC Corporation, KBR and Chiyoda Corporation).
24 July 2014
IM Properties completes acquisition of Fore Business Park, Solihull

(Press release IM Properties Plc:) Coleshill, 22 July 2014 - Award-winning Warwickshire-based developer, IM Properties has completed the acquisition of Fore Business Park, near Solihull from BAM for £21 million.
24 July 2014
BAM makes progress on first phase of Birmingham’s Beorma Quarter development

Hemel Hempstead, 24 July 2014 - BAM Construction is making good progress on the hotel structure of the newest development on the Birmingham skyline. Refurbishment works are also advancing to the Digbeth Cold Store. Kuwaiti real estate development company Salhia is behind the Beorma scheme in central Birmingham, which has now reached the 5th floor of the new hotel building.
22 July 2014
BAM sells Belgian water purification activities to CMI

Bunnik, the Netherlands, 22 July 2014 – Royal BAM Group nv has reached agreement to sell its Walloon subsidiary Balteau sa to CMI Groupe at Seraing, Belgium.
22 July 2014
Comeragh College, Carrick-on-Suir
BAM confirmed as preferred tenderer for Schools PPP Programme Bundle 4, Ireland

Bunnik, the Netherlands, 22 July 2014 - BAM PPP PGGM Infrastructure Coöperatie has been selected by the Department of Education and Skills (DoES) and the National Development Finance Agency (NDFA) to deliver four new post primary schools in Counties Tipperary, Cork, Clare and Louth in Ireland subject to the satisfactory outcome of the planning process. The Schools PPP Programme Bundle 4 is the first accommodation-based project in the Irish Government’s Stimulus Programme to reach Preferred Tenderer stage.
17 July 2014
A3 building at Glory Park
BAM Properties sells office block at High Wycombe to F&C

Hemel Hempstead, 17 July 2014 - BAM Properties has sold one of its speculatively developed office blocks – the A3 building at Glory Park in High Wycombe in the South of England – to F&C, via its subsidiary IRP Holdings. IRP Holdings has bought the 19,428 sq ft building for £6.97 million, at an initial yield of 7%.
16 July 2014
BAM answers questions VEB

Bunnik, the Netherlands, 16 July 2014 - Royal BAM Group has published on its website today a letter of Mr N.J. de Vries, chairman of the Executive Board, answering fifteen questions of VEB NCVB, which they submitted 10 July last, regarding the press release issued by BAM on 7 July.
15 July 2014
Financial close PPP project Renovation Rijnstraat 8, The Hague

Bunnik, the Netherlands, 15 July 2014 - The Government Buildings Agency (Rijksvastgoedbedrijf) and BAM PPP PGGM Infrastructure Coöperatie U.A. have reached financial close today for the renovation of the Rijnstraat 8-building in The Hague. The new flexible government office Rijnstraat 8 will accommodate the Ministry of Foreign Affairs, the Ministry of Infrastructure and Environment, the Immigration and Naturalisation Services and the Dutch Central Agency for the Reception of Asylum Seekers (COA) as of early 2017. The contract covers the design, construction, financing, maintenance and soft services over a twenty five year period (‘DBFMO’).

Pages