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25 August 2020
BAM appoints John Wilkinson as COO Civil engineering

Bunnik, the Netherlands, 25 August 2020 – The Executive Board of Royal BAM Group nv has appointed Mr J.D. (Jonathan) Wilkinson, BSc as Chief Operating Officer for the business line Civil engineering, effective 5 October 2020.

24 August 2020
BAM shareholders adopt all resolutions at EGM

Bunnik, the Netherlands, 24 August 2020 - At today's extraordinary general meeting, Royal BAM Group’s shareholders appointed Ruud Joosten to the company’s Executive Board. He will start as CEO and Chairman of the Executive Board as per 1 September 2020. Per that date the Executive Board will consist of Ruud Joosten, CEO, and Frans den Houter, CFO. Paul Sheffield, who acted as delegated Supervisory Board member to support the Executive Committee in an advisory role, will continue in that role for two months to enable a proper transition.

21 August 2020
Glen Sanderson and James Potter

(Press release Northumberland County Council:) 20 August 2020 - Site investigations are underway as work progresses on tackling the historic pollution at Lynemouth.

20 August 2020
Artist's impression

Hemel Hempstead, 20 August 2020 - Plans to create The Northern School of Art in Middlesbrough, a £14.5 million scheme that will transform the gateway to the City, have taken a significant step forward after one of the UK’s largest and longest established contractors was appointed to deliver it. BAM Construction, which has offices in Gateshead and has built in the North East since 1916 (see editor’s notes below), is to create the high-quality premises to 750 students. It follows BAM’s appointment to create the Home Group’s new Headquarters in Newcastle this week.

20 August 2020
BAM logo

Royal BAM Group nv reports for the first half of 2020 an adjusted loss before tax of €134 million, in line with the expected range of €130-€150 million as announced on 2 July. Results were considerably impacted by the extraordinary circumstances caused by Covid-19. This is reflected in a decline of revenue in the second quarter of €360 million or 19 per cent compared to the same quarter last year. In addition, results were affected by losses at BAM International (€56 million), the Cologne metro settlement (€36 million) and underperformance at German construction and Dutch civil engineering. Dutch construction and property, UK civil engineering and BAM PPP performed well. BAM’s cash position further increased during the second quarter, supported by Covid-19 governmental measures, cost and capex reductions and the partial transfer of PPP investments. The process to wind down BAM International has started. Based on current market and Covid-19 conditions and the strong order book, BAM expects a positive adjusted result before tax for the second half of 2020.

18 August 2020
Artist's impression

(Press release Home Group:) Newcastle, 18 August 2020 - One of the UK’s largest housing associations has announced the developer and contractor who will create its new head office in Newcastle City Centre.

18 August 2020
Inside King’s Cross Sports Hall

(Press release Bennetts Associates:) London, 11 August 2020 - Construction of the brand-new King’s Cross Sports Hall, a community sports centre and gym, located at the north east edge of the 67-acre King’s Cross development, has now completed.

14 August 2020
Dr. D. (Daniel) Häußermann (left) and Dipl.-Kfm. Johannes Koenen

Bunnik, the Netherlands, 14 August 2020 – The Executive Board of Royal BAM Group nv has appointed Dr. D. (Daniel) Häußermann as chief executive (Vorstandsvorsitzender) of BAM Deutschland AG, effective 1 October 2020. Daniel Häußermann (1974) is currently General Counsel of the leading international industrial services provider Bilfinger SE. He will succeed Jan Wierenga, who will step down as Vorstandsvorsitzender to head the implementation of improvement programmes at Group level.

14 August 2020
Jedburgh Grammar Campus

(Press release Scottish Borders Council:) Jedburgh.12 August 2020 - The brand new Jedburgh Grammar Campus welcomed its first pupils on Wednesday 12 August

13 August 2020
BAM logo

Zeist / Bunnik, the Netherlands, 13 August 2020 – Dutch pension fund administrator PGGM and Royal BAM Group are discussing the extension of the current partnership between PGGM and BAM PPP. The parties aim to continue their strong track record and explore opportunities to extend their partnership outside BAM’s European home markets to benefit from growth in the global PPP market.

12 August 2020
Screenshot YouTube video

Hemel Hempstead, 6 August 2020 - In just 57 days, an old DIY store was transformed into a new 116-bed mini general hospital with near theatre-standard performance, complete with scanners.

10 August 2020

Bunnik, the Netherlands, 10 August 2020 – Royal BAM Group nv has obtained a waiver from the providers of the revolving credit facility (RCF) which had been requested due to the possible breach of the recourse interest ratio covenant. This relates to fully drawing down the €400 million RCF in March 2020 and the earlier reported deterioration of the operating results in the first half of the year. As an additional precautionary measure BAM also obtained a waiver for the recourse leverage ratio covenant. Both waivers are valid for 12 months.

6 August 2020
Artist's impression

(Press release Marlet Property Group:) Dublin, 4 August 2020 – Marlet is pleased to announce the appointment of BAM Ireland as the main contractor for its One Lime Street scheme in Dublin’s south docklands.

3 August 2020
Final milestone for Shetland HVDC link complete following appointment of main contractors

(Press release Scottish and Southern Electricity Networks (SSEN):) Perth, Scotland, 3 August 2020 - Scottish and Southern Electricity Networks (SSEN) Transmission has appointed the main contractors for the construction of the Shetland HVDC link and all associated infrastructure. The major contract awards follows the recent decision by the energy regulator, Ofgem, to grant final approval for the transmission link, with everything now in place for the start of main construction in late August.

3 August 2020
Major milestone reached in construction of Bath Quays Bridge

(Press release Bath & North East Somerset Council:) Bath, 29 July 2020 - A major milestone has been reached in the construction of the Bath Quays Bridge, the first new crossing point to be installed across the River Avon in Bath for a century.