RSS Feed Press releases

29 July 2019
Commitment to initial funding for SMR welcomed by consortium
Commitment to initial funding for SMR welcomed by consortium

(Press release Rolls-Royce:) London, 23 July 2019 - Our consortium warmly welcomes the Government’s decision to advance our new innovative small modular reactor programme.
23 July 2019
Apperley Bridge
Survey works start at Apperley Bridge for flood defence proposals

Press release Environment Agency:) London, 22 July 2019 - Survey works are starting at a listed bridge in Bradford, to create a detailed design to reduce flood risk in the area for the Leeds Flood Alleviation Scheme.
22 July 2019
Artist's impression
BAM wins contract for office building in Luxembourg

Bunnik, the Netherlands, 22 July 2019 – BAM Lux, a subsidiary of the Walloon BAM company Galère, has been awarded a contract by the Luxembourg real estate firm Feltes & Associés Promotion for the structural works of an office in Strassen, just west of Luxembourg City. The contract value is €18 million.
19 July 2019
M11 Gorey to Enniscorthy PPP Motorway Official Opening

18 July 2019 - The new M11 Gorey to Enniscorthy motorway bypass in County Wexford has been officially opened to traffic today. Three new sections of road combine to create the M11 Gorey to Enniscorthy Public Private Partnership Scheme, the M11/N11 mainline, the N30 dual carriageway and the N30 mainline. The scheme will result in reductions in travel times on the Dublin to Wexford route of approximately 15 minutes during off-peak times and 30 minutes during peak times.
8 July 2019
BAM lowers full year outlook; maintains 2020 strategic targets
BAM lowers full year outlook; maintains 2020 strategic targets
  • Outlook for full year 2019 lowered to an adjusted result before tax margin of around 1 per cent
  • Higher than expected costs for a civil project and a small number of construction projects in Germany (approximately €65 million) and a BAM International project (approximately €25 million)
  • Part of these costs will be recovered, but claim recognitions currently are not foreseen in 2019
  • As a result BAM will report a loss for the first half of 2019; detailed first half year figures on 22 August 2019
  • Continuing solid performance in the UK, Ireland, PPP and Dutch Construction and Property
  • BAM’s cash position remains solid, in line with the level of mid-2018
5 July 2019
London Stansted’s car park
London Stansted’s first multi-storey car park opens for business

(News release London Stansted Airport:) London, 4 July 2019 - London Stansted has officially opened its first multi-storey car park, the latest phase in its transformation project.
2 July 2019
BAM seeks funding partner for major Leeds Build to Rent scheme
BAM seeks funding partner for major Leeds Build to Rent scheme

(Press release BTR Capital Partners Ltd:) Leeds, 2 July 2019 – BAM Properties, the UK development arm of Royal BAM Group, has appointed BTR Capital Partners to identify a funding partner for one of the UK’s most significant regional Build to Rent (BTR) developments located in Leeds city centre.
2 July 2019
Artist's impression
Pulse Consortium reaches financial close on the Cross River Rail tunnel, stations and development PPP project in Brisbane, Australia

Bunnik, the Netherlands, 2 July 2019 – BAM PPP PGGM - together with the Pulse consortium members, Pacific Partnerships, DIF and Ghella Investments and Partnerships - have reached financial close with the State of Queensland to deliver the Tunnel, Stations and Development (TSD) package of Brisbane’s Cross River Rail Project.
1 July 2019
Richtfest bei der Großsporthalle Heidelberg
Richtfest bei der Großsporthalle Heidelberg

Heidelberg, 1 Juli 2019 - Mit rund 150 Gästen konnte BAM am 25. Juni die Fertigstellung des Rohbaus der Großsporthalle Heidelberg feiern.
1 July 2019
Consortium Geldof and BAM Contractors nv builds one of the largest propane tanks in Europe
Consortium Geldof and BAM Contractors nv builds one of the largest propane tanks in Europe

Antwerp, 28 June 2019 - Oiltanking Antwerp Gas Terminal (OTAGT) awards Engicon NV (Geldof) and BAM Contractors nv (BAM) an EPC contract for the construction of a fully refrigerated 135.000 cbm storage tank in the port of Antwerp.
1 July 2019
Consistently profitable performance is our platform to grow, says BAM Construct UK
Consistently profitable performance is our platform to grow, says BAM Construct UK

Hemel Hempstead, 1 July 2019 - BAM Construct UK has reported increased profits and consistent turnover for 2018. The company has seven operating companies in the construction sector, plus separate businesses for plant hire, services engineering, facilities management, property development and design. By combining these services the company is able comprehensively to deliver any project in the built environment.