RSS Feed Press releases

1 October 2001

The project to strengthen the Medway Bridge has been shortlisted as a potential BCIA [British Industry Construction Award] winner. The project is up against some stiff competition from around the UK construction industry and we will find out later this year whether HBG has been successful.

1 October 2001

Ritchies, the specialist geotechnical division of Edmund Nuttall Ltd, has been awarded a new framework agreement by Railtrack in Scotland for slope stabilisation works throughout the Scottish Zone.

30 September 2001

Work continues apace on the construction of a complex power station development at Baglan, near Port Talbot in South Wales. Nuttall was awarded the civils package worth £20 million on General Electric's 500-megawatt power station; the first of its type to be built anywhere in the world.

24 September 2001

Edmund Nuttall Ltd and Halcrow have entered into a joint venture partnership to bid for the Highways Agency’s Area 11 Managing Agent Contractor Contract [MAC].

18 September 2001

Rijswijk – The Enterprise Section of the Appeal Court in Amsterdam today rejected the application by HBG, Hollandsche Beton Groep nv, and Ballast Nedam nv for the lifting of the temporary injunction preventing the implementation of the merger agreement creating Ballast HAM Dredging bv.

17 September 2001

Rijswijk, the Netherlands – Interbeton – group company of HBG, Hollandsche Beton Groep nv – has been awarded the contract for the internal upgrade of the new Sheikh Rashid Terminal at Dubai International Airport. Client is the Department of Civil Aviation Dubai. The contract value is € 10 million.

12 September 2001
  • Operating result for first half of 2001: €59 million [+ 40%]
  • Forecast organic growth in operating result for 2001 at least 40%
  • Net result on ordinary activities for first half: €36 million; net extraordinary income of €14 million
  • Net result forecast for 2001 maintained: €90 million
  • Revenues for first half: €2.6 billion
  • Significant improvement in financial position as at 30 June 2001: capital ratio of 22.7%; year-end 2001 forecast of at least 25%
  • Order book of €6.4 billion [year-end 2000: €5.9 billion] at excellent level
11 September 2001

Building under cover should save time, result in better quality and, not least, improve working conditions. A trial involving a gigantic tent on one of HBG Woningbouw’s projects near The Hague is being conducted to find out whether the claimed advantages can be achieved in practice.

10 September 2001

Rijswijk, the Netherlands – HBG, Hollandsche Beton Groep nv, will appoint Brian May, BSc [Hons], CEng, MICE, as chief executive of HBG Construction Ltd with effect from 24 September 2001.

10 September 2001

Edinburgh Business Park is growing by the day. The business park on the western edge of the Scottish capital is a veritable showcase of modern architecture. IT companies, financial services providers, insurance companies ... they are all located here in imaginatively designed buildings featuring lots of glass and stone.

9 September 2001

Wayss & Freytag Ingenieurbau is working on an extension of Berlin’s S-Bahn. Near the Gesündbrunnen Station, a 500 metre long tunnel is being built by the cut-and-cover method.

8 September 2001

TyCom, the world’s largest cable company, is building a data hotel in Groningen [North of the Netherlands] as part of a global optical fibre network. Tebodin - in partnership with Lockwood Greene - is responsible for the construction of both the data centre and a booster station that will amplify incoming signals.

7 September 2001

Restoring Osborne House to its former glory. HBG Construction began work on renovating the 54 elevations of Osborne House, including towers, chapel and servants’ quarters, on behalf of English Heritage in February.

6 September 2001

King Harold of Norway has officially opened the Storda Bridge and the Bømla Bridge. The two suspension bridges, 700 and 600 metres long, respectively, were built by the joint venture Triangle Contractors.

5 September 2001

As part of Marks & Spencer's nationwide store 'Renewal Programme', HBG Construction has been awarded contracts for the upgrading of five stores in the London area.

4 September 2001

Rijswijk, the Netherlands – The Supervisory Board of HBG, Hollandsche Beton Groep nv, has appointed A.J.D. Franklin, BEng, CEng, FICE, FCIOB, FIHT [57] as member of the Board of Management as of 4 September 2001. Mr Franklin was chief executive of HBG Construction Ltd.

4 September 2001

In the interior of Ghana, Interbeton is working on the completion of a road 90 kilometres long between Gyato Zongo and Yeji, on Lake Volta. The group company has largely followed the route of an old road that had fallen into disrepair and had become scarcely usable, particularly by heavy vehicles. The new road is 7.3 metres wide with hard shoulders on both sides. The contract value is £24 million.

3 September 2001

Rijswijk, the Netherlands – HBG, Hollandsche Beton Groep nv, announces that Mr K.K. Troost has stepped down as member of the Board of Management of the company for personal reasons as of today.

3 September 2001

HBG: strong increase in operating result

  • Operating result for first half of 2001: €59 million [+ 40%];
  • Forecast organic growth in operating result for 2001 at least 40%;
  • Net result on ordinary activities for first half: €36 million; net extraordinary income of €14 million;
  • Net result forecast for 2001 maintained: €90 million;
  • Revenues for first half: €2.6 billion;
  • Significant improvement in financial position as at 30 June 2001: capital ratio of 22.7%; year-end 2001 forecast of at least 25%;
  • Order book of €6.4 billion [year-end 2000: €5.9 billion] at excellent level.

Rijswijk – HBG, Hollandsche Beton Groep nv, has had a successful first half in 2001. The operating result increased by around 40% to €59 million. The result on ordinary activities after tax was €36 million. An extraordinary result after tax of €14 million was also realised in the first half of the year. Based on the positive trend, HBG believes that the net result for the whole of 2001 will turn out at €90 million, in accordance with previous profit projections.

3 September 2001

HBG Civiel’s pile-drivers are active along almost the entire 100-kilometre length of the High-Speed Train Line being built between Amsterdam Airport and the Belgian border – across land and water.

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