RSS Feed Press releases

29 March 2019
Christian Parton, project manager for BAM (left), with Craig Taylor, gateman (right).

Hemel Hempstead, 29 March 2019 - The construction team behind the new Centre for Student Life for Cardiff University is helping to rehabilitate a prisoner serving a five-year jail term for drugs offences. Craig Taylor, 37, from Builth Wells, has been taken on as one of four gatemen at the massive £35 million scheme in the very heart of Cardiff.

26 March 2019
BAM back in Bradford for Bronte Girls School

Hemel Hempstead, 26 March 2019 - BAM Construction is now underway on works for a new city secondary academy close to the heart of Bradford.

25 March 2019
Mr M. Aupers

Bunnik, the Netherlands, 25 March 2019 – The Executive Board of Royal BAM Group nv has appointed Mr M. Aupers as Manager Investor Relations, effective 1 April 2019.

18 March 2019
Construction company celebrates 150th birthday by planting over 5,000 trees in Warwickshire and Worcestershire

Hemel Hempstead, 18 March 2019 - The construction group BAM has started planting 5,500 new trees in the Midlands to celebrate its 150th birthday. Twenty volunteers from the company - which includes BAM Construction, BAM PPP and BAM Nuttall - joined the Heart of England Forest team to plant the first 500 trees in a single day (Wednesday, 13 March). The remaining trees - the majority - will be planted in the November planting season.

15 March 2019
Lowering the first frame into place

(News release British Antarctic Survey:) London, 13 March 2019 - A major milestone has been reached on the new Antarctic wharf project at Rothera Research Station. Following two months of deconstructing the old Biscoe wharf, the first frame of the new 74-metre long structure has been lowered into place. 

15 March 2019
Joost Nelis and Roel Vollebregt

Bunnik, the Netherlands, 15 March 2019 – Royal BAM Group nv will establish an Executive Committee, in addition to the two-person Executive Board consisting of CEO R.P. (Rob) van Wingerden and CFO L.F. (Frans) den Houter, effective 1 April 2019.

12 March 2019
BAM donates trees to Euronext at sixty years listing

Bunnik, 12 March 2019 – Today Frans den Houter, CFO of Royal BAM Group nv, opened the Euronext Amsterdam stock exchange with the traditional gong beat. The construction group's share was listed on the Amsterdam stock exchange for sixty years on 9 March 2019. Following the gong strike, Frans den Houter offered CEO Maurice van Tilburg and Head of Listing Rene van Vlerken from the Euronext Board sixty so-called one-two-tree-packages, enabling the planting of sixty trees in the Netherlands and sixty trees elsewhere in the world by Trees for All. BAM is working closely with this organisation, which will plant the 150,000 trees, marking BAM's 150th anniversary this year. The 120 trees donated to Euronext will come on top of the previously announced 150,000 trees.

11 March 2019
Miral marks a major step towards Yas Bay Arena’s completion

(Press release Miral:) Abu Dhabi, UAE,6 March 2019 – Miral, Abu Dhabi’s creator of destinations, marked a significant construction milestone at the Yas Bay Arena development with the installation of the arena’s longest roof truss. HE Mohamed Khalifa Al Mubarak, Chairman of Miral, and Eng. Mohamed Abdalla Al Zaabi, CEO of Miral, marked the occasion by leaving their signatures on the roof truss of the arena before it was lifted into place.

6 March 2019
Mr E. van Zuthem

Bunnik, the Netherlands, 6 March 2019 – The Executive Board of Royal BAM Group nv has appointed Mr E. van Zuthem as director of BAM International bv, effective 1 April 2019. Eric van Zuthem (50), is currently Area Director North America and Africa at BAM International. As from 1 June 2019, Eric van Zuthem will succeed Mr G.K. Mazloumian BSc (Hons), CEng, MICE as chairman of the Board of BAM International, who will retire at the end of June 2019.

6 March 2019
Van Oord and BAM International complete state-of-the-art container terminal in Costa Rica

6 March 2019 - A consortium of Van Oord and BAM International completed the construction of the APM Terminals Moín in Costa Rica. Last week’s inauguration of the container terminal will enable products to be shipped on transatlantic routes to European and Asian markets without transshipment.

4 March 2019
BAM to open doors to projects during UK initiative

4 March 2019 - BAM Construction is ‘opening the doors’ on four construction projects as part of the UK-wide ‘Open Doors’ initiative this month.

1 March 2019

Bunnik, the Netherlands, 1 March 2019 - BAM Infra Nederland bv has sold its Belgian subsidiary BAM Infratechniek bvba, based in Schoten (Belgium) to Teletronika NV in Wuustwezel. Teletronika NV is part of the ESAS Group. BAM Infratechniek bvba focuses on the construction of telecom infrastructures in Belgium. The transaction relates to all more than thirty employees, the work in progress and plant and equipment. Financial details are not disclosed.

1 March 2019
Taunton headquarters for the UK Hydrographic Office

(Press release AHR:) 28 February 2019 - The new headquarters for the UK Hydrographic Office (UKHO), based in Taunton, has reached completion providing a unique and inspiring office building for one of the world’s leading marine geospatial information agencies.

26 February 2019
Seventh floor of City Law School building construction celebrated with topping out ceremony

As the building frame approaches the end of its construction, City’s President, Professor Sir Paul Curran says it is one of several important estate developments that will ‘serve to define the university we aim to be’.

(News release City, University of London:) London, 22 February 2019 - The topping out ceremony for the £65 million City Law School building took place on Tuesday 19th February. The construction project, undertaken by BAM Construction, stands at the corner of Sebastian Street and Goswell Road and is due to complete next year.

26 February 2019
BAM publishes 2018 Integrated Report

Bunnik, the Netherlands, 26 February 2018 – Royal BAM Group nv announces that its Integrated Report 2018 including the annual accounts is published today, 26 February 2019.

25 February 2019
Premier Inn signs for First Street

(Press release Ask Real Estate:) Manchester, 25 February 2019 - Ask Real Estate, in a joint venture with the Richardson family and PATRIZIA, has exchanged a pre-let agreement with Whitbread for a 200-bedroom Premier Inn hotel at First Street, Manchester.

25 February 2019
Bentley Systems Introduces Mixed Reality App for Infrastructure Construction Projects Using Microsoft HoloLens 2 at Mobile World Congress Event

Bentley’s SYNCHRO XR brings the benefits of mixed reality to users in the architecture, engineering, and construction (AEC) industry.

(Press release Bentley Systems:) Exton, Pa., 24 February 2019 – Bentley Systems, Incorporated, the leading global provider of comprehensive software solutions for advancing the design, construction, and operations of infrastructure, presented SYNCHRO XR, its app for immersively visualizing 4D construction digital twins with the new Microsoft HoloLens 2, which Microsoft announced during a press conference at Mobile World Congress in Barcelona.

21 February 2019
OpenIJ successfully renegotiates financing schedule with banking syndicate

(Press release OpenIJ:) IJmuiden, the Netherlands, 21 February 2019 – The OpenIJ consortium finalised the discussion with its banking syndicate regarding the rescheduling of the financing for the construction of the world’s largest sea lock. OpenIJ can resume drawing from its banking facilities in line with the agreed new schedule with immediate effect.

20 February 2019
Composition Supervisory Board

Bunnik, the Netherlands, 20 February 2019 – The Supervisory Board of Royal BAM Group nv announces that Mrs C.M.C. Mahieu and Mr K.S. Wester will step down as member of the Supervisory Board following the Annual General Meeting on 17 April 2019, in connection with the end of their second four-year term of appointment.

20 February 2019
BAM delivers 2018 outlook with adjusted pre-tax result of €153.2 million
  • Adjusted pre-tax margin of 2.1% despite the impact of sea lock IJmuiden project (OpenIJ)
  • Construction and Property: good result benefiting from Dutch residential property, UK and Ireland
  • Civil engineering: strong performance in UK and Ireland, mainly offset by the Netherlands
  • PPP: solid performance from the existing portfolio
  • Order book growth driven by multi-year projects with firm focus on tender discipline
  • Positive cash flow with strong inflow in second half 2018
  • Non cash impairments on Dutch regional property positions in Q3 and Dutch deferred tax asset in Q4
  • Dividend proposal of €0.14 (2017: €0.10) per share with scrip alternative and buy-back to offset dilution

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