RSS Feed Press releases

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.

27 July 2020
Work starts on vital Teesside flood scheme

(Press release Environment Agency:) 27 July 2020 - Construction begins on multi-million pound flood scheme in Middlesbrough that will provide improved protection to 485 homes.

21 July 2020
Ask and Tristan announce completion at 100 Embankment

(Press release Ask Real Estate:) 16 July 2020 - Ask Real Estate and Tristan Capital Partner’s EPISO 3 Fund, have announced that they have reached practical completion at the 100 Embankment scheme, situated at the point where the two cities of Salford and Manchester meet, opposite the Cathedral.

15 July 2020
Update on port development activity Falkland Islands

(Press statement Falkland Islands Government:) Stanley, 14 July 2020 - The Falkland Islands Government (FIG) is pleased to announce that it has agreed the start-up of activity for the contract with BAM Nuttall Ltd to design and build a new port for the Falkland Islands. After the original contract was signed by FIG and BAM Nuttall Ltd on 2 April 2020, the contract was suspended due to the COVID-19 pandemic. FIG and BAM have been regularly reviewing the situation since then, and have now agreed that contract activity will commence at the end of July 2020.

14 July 2020
Work on viaduct well underway high above streets of Oxted, Surrey

(News release Network Rail:) London, 9 July 2020 - A vital project to protect the future of the railway Oxted in Surrey to Uckfield and East Grinstead in Sussex is racing ahead.

8 July 2020
Management appointment BAM Infra Nederland

Bunnik, the Netherlands, 8 July 2020 - The Executive Board of Royal BAM Group nv has appointed Mrs C. (Carla) Rodenburg-Verschuur, MBA as managing director of BAM Infra Nederland bv, effective 1 October 2020. Currently, Mrs Rodenburg is member of the Global Management team of technical services provider Stork, a Fluor company, as Vice President Europe.

6 July 2020
Tunnel Boring Machine Charlotte completes connection tunnel drive

(Press release Tideway:) London, 2 July 2020 – The super sewer became one step closer to cleaning up the River Thames yesterday as tunnelling machine Charlotte completed her journey to Fulham, finishing a vital connection tunnel beneath the river.

6 July 2020
 BAM nominates Ruud Joosten as new CEO

Bunnik, the Netherlands, 6 July 2020 – The Supervisory Board of Royal BAM Group nv has decided to nominate Ruud Joosten as CEO and chairman of the Executive Board as per 1 September 2020. Joosten (55) has a long-standing career at AkzoNobel, where he has held numerous leadership positions. The last eight years he was member of the Executive Committee and since 2017 Chief Operating Officer, responsible for business performance.

3 July 2020
Artist's impression

(Gemeinsame Medienmitteilung von BAM Swiss AG / BAM Deutschland AG, Implenia und Marti:) 3. Juli 2020 – Die Arbeitsgemeinschaft (ARGE) für den Spitalneubau Dreiklang des Kantonsspitals Aarau (KSA) auf Ebene Totalunternehmer setzt sich neu aus BAM Swiss AG / BAM Deutschland AG und Implenia zusammen.

2 July 2020
BAM expects significant H1 loss and announces to wind down BAM International

Trading update for the first half of 2020, including Covid-19 impact

Bunnik, the Netherlands, 2 July 2020 – The extraordinary circumstances caused by the Covid-19 crisis have a considerable impact on Royal BAM Group nv. In addition, the company’s performance in the first half year is impacted by continued losses at BAM International, the recently announced Cologne metro settlement and to a lesser extent by underperformance of the German construction and Dutch civil engineering business. Due to these developments, the company expects a first half year adjusted loss before tax of approximately €130 - €150 million. The Executive Committee has decided to start the process of winding down BAM International, active outside BAM’s European home markets, given the lack of a positive outlook.

30 June 2020
Settlement North/South metro project, Cologne (2009)

Bunnik, the Netherlands, 30 June 2020 – The City of Cologne, Cologne Public Transport (KVB) and the joint venture (‘Arge’) that constructed a section of Cologne’s North/South metro line have reached an agreement to settle all outstanding claims with regard to this project, including damages caused by the collapse of the building of the City archives on 3 March 2009.

22 June 2020
Benton Park Secures Planning Permission for State of the Art New School

Hemel Hempstead, 22 June 2020 - Benton Park School has received formal planning permission approval for its £28.5 million new school building to proceed. Commissioned by Leeds City Council, the contract to build the new school was awarded to BAM Construction via the City Council’s LEP process, against strong competition. BAM is now on site with preliminary works and with full covid-19 protocols in force.

19 June 2020
Work starts again to improve flood defences in Lower Bootham

(Press release Environment Agency:) London, 18 June 2020 - Work is back on track to improve flood protection in a section of the York Flood Alleviation Scheme