RSS Feed Press releases

Hemel Hempstead, 9 November 2021 - BAM has become the first adopter of a sustainable supply chain initiative to make our use of pallets become circular and cut waste. The initiative is set to become widespread in the industry during 2022.

First nine months 2021 trading update

Royal BAM Group nv reports for the first nine months of 2021 an adjusted EBITDA of €223 million versus an adjusted EBITDA of €38 million in the same period of 2020. In the third quarter there was a strong performance from Dutch Construction and Property, and a satisfactory contribution from most other activities. The large contracts division of Dutch Civil engineering continues to underperform. The order book of €13.5 billion remains high. BAM is making good progress with its new strategy: a continued focus on rebalancing of the portfolio, further de-risking, increasing profitability and creating a sustainable platform for future growth. For 2021, BAM reiterates the outlook of an adjusted EBITDA margin of around 3.5 per cent.

(News release Network Rail:) 2 November 2021 - Rail passengers are returning to the Hastings line following a seven-day closure that saw over a hundred engineers carrying out landslip prevention work along the 160-year old route. The line was handed back on time for the start of services on Saturday.

Newcastle, 1 November 2021 - £100,000 has been awarded for regeneration projects in Newcastle communities, raised by contractors BAM and developers Ask Real Estate, and housing association Home Group.

26 October 2021 - BAM Ireland has been awarded the Design & Build (D&B) contract for four new national schools in Dublin and Cork as part of a Department of Education’s Design and Build Framework Schools Bundle in a joint venture with Glasgiven Contracts.

Hemel Hempstead, 14 October 2021 - BAM had a successful night at the 2021 British Construction Industry Awards, taking home ‘Project of the Year’ and being Highly Commended or a Finalist in six categories.

Bunnik, the Netherlands, 18 October 2021 – The Executive Board of Royal BAM Group nv has appointed Richard Prime Managing Director, Major Projects of BAM Nuttall Ltd, effective 18 October 2021.

Bunnik, the Netherlands, 18 October 2021 - Royal BAM Group nv has sold its German operating company BAM Deutschland (including subsidiaries BAM Immobilien-Dienstleistungen and BAM Sports) to Zech Group and Gustav Zech Stiftung. The transaction, announced on 9 September 2021, has been successfully completed. Financial details of the transaction are not being disclosed.

It is a clear acknowledgement by the European Commission that the hyperloop is seen as a sustainable means of transport

(Press release Hardt Hyperloop:) Delft, the Netherlands, 14 October 2021 - Hardt Hyperloop, the Dutch company working on the development of the hyperloop, has been awarded €15 million by the European Commission. It is the first time that a hyperloop company has received such financial support from Brussels. The EIC Accelerator funds were awarded by the European Innovation Council and will help Hardt and its public and private partners to accelerate the development of the hyperloop. This award demonstrates the European Commission's recognition of the hyperloop as an important key to achieving Europe's sustainability goals.