RSS Feed Press releases

30 May 2000

Rijswijk, the Netherlands – HBG, Hollandsche Beton Groep nv, announces that – in relation to the payment of the stock dividend over the reporting year 1999 – 997,111 new ordinary shares in HBG were issued.

24 May 2000

Ascon Ltd, Ireland's largest Civil Engineering company has been awarded the Glen of the Downs Contract by Wicklow County Council.

14 May 2000
  • Merger creates powerful and well-positioned international construction and dredging group with a market capitalisation of EUR 1.2 billion [NLG 2.5 billion]
  • Substantial profit growth for the coming years
  • Statutory merger
  • Boskalis and HBG Shareholders each to own 50% of the new company
  • Substantial synergies in dredging, with no compulsory redundancies
  • Strong balance sheet and cash flow provide platform for accelerated growth
  • Abundant career development opportunities for employees

Papendrecht, Rijswijk, The Netherlands – Royal Boskalis Westminster nv and Hollandsche Beton Groep nv intend to effect a merger of equals. Boskalis and HBG expect to reach full agreement.

4 May 2000

The Museum in Docklands has appointed HBG Construction as the main contractor for the museum project at West India Quay, London E14 in a contract worth £7.4 million.

30 April 2000

Rotterdam, the Netherlands – HAM, dredging and marine contractors has been awarded the land reclamation contract Penny's Bay in Hong Kong.

12 April 2000

English Partnerships has selected HBG Properties' Birchwood Point Business Park in Warrington as the location for its new North of England offices.

2 April 2000

Rijswijk – From 1 April 2000 HBG, Hollandsche Beton Groep nv, is combining the activities of two of its group companies, HBW [civil and marine engineering] and HWZ [road construction], in a new group company, HBG Civiel bv.

16 March 2000

HBG:

  • 30% annual profit growth forecast for 2000-2002
  • 1999 result slightly higher
  • heavy losses in Germany, but improvement in sight
  • excellent results in other sectors

Rijswijk – Net profit of HBG, Hollandsche Beton Groep nv, increased in 1999 to NLG 138 million [NLG 132 million], which equates to NLG 4.06 per share [NLG 3.93]. As forecast at the time of publication of the half-year figures, profits were adversely affected by the very heavy losses in Germany. The HBG group companies in all other sectors – particularly in the Netherlands, the United Kingdom and Ireland and in the dredging sector – achieved very good results.

14 March 2000

Rijswijk, the Netherlands – The Court at Bonn has ruled that HBG bears partial responsibility for the damage which occurred to the Schürmann Complex when the River Rhine overflowed its banks in December 1993.

14 March 2000

Rijswijk, die Niederlande – Das Gericht in Bonn sieht HBG als mitverantwortlich für den Schaden an, der infolge des Rheinhochwassers im Dezember 1993 am Schürmann-Bau entstanden ist.

28 February 2000

Rijswijk, the Netherlands – The Board of Management of HBG, Hollandsche Beton Groep nv, announces that the foundation ‘Stichting HBG’ established at Rijswijk decided on 27 February 2000 to exercise the right granted to it by the company in an agreement dated 11 August 1997 to acquire protective preference shares of the company.

25 February 2000

Rijswijk – HBG, Hollandsche Beton Groep nv, has been advised by Royal Boskalis Westminster nv of its intention to make an offer for the shares of HBG.

24 February 2000

Rijswijk, the Netherlands – HBG, Hollandsche Beton Groep nv, confirms to be in exploratory conversations with Royal Boskalis Westminster nv, as well as with the Belgian company Ackermans & Van Haaren nv, to discuss possible forms of co-operation.

17 February 2000

Frankfurt, Germany – Mr Kurt Brink [53] has been appointed member of the Vorstand of Wayss & Freytag AG as of 1 April 1999.

15 February 2000

Edmund Nuttall Ltd has won four separate contracts in South Wales with a combined value of £12 million.

14 February 2000

Ein neues Zentrum für Industrie und Handel, das German Centre Mexico, wird unter technischer und kaufmännischer Federführung von Wayss & Freytag in der lateinamerikanischen Hauptstadt im Auftrag der Landesbank Baden-Württemberg gebaut.

2 February 2000

Frankfurt am Main/Kaiserslautern - In festlichem Rahmen erhielten die Studierenden Nadine Pikolleck, Steffen Giese und Mario Pott am 2. Februar 2000 den Conrad-Freytag-Preis der Wayss & Freytag AG, der alle zwei Jahre in Erinnerung an den Pfälzer Firmengründer Conrad Freytag verliehen wird.

31 January 2000

Gelsenkirchen, Germany – HBM Bau GmbH, a German subsidiary of the European construction group HBG, is building a multifunctional arena seating 52,000 in Gelsenkirchen for on of the top German football teams Schalke '04.

14 January 2000

Rotterdam - HAM, dredging and marine contractors launched its brand-new trailing suction hopper dredger and baptised it HAM 317 on 14 January 2000.

13 January 2000

HBG Construction has achieved commercial and financial close on the Private Finance Initiative [PFI] project for a new campus for West Lothian College.

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