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Last updated on April 23, 2014 at 15:59 EDT

Latest Ballast Nedam Stories

2014-02-26 04:21:45

NIEUWEGEIN, The Netherlands, February 26, 2014 /PRNewswire/ -- Theo Bruijninckx (52) will leave the Board of Management of Ballast Nedam as of 1 July 2014. This decision has been made in close consultation with the Supervisory Board. The Supervisory Board has started the search for a successor. "After further aligning our strategic focus and the refinancing of Ballast Nedam, the time is right to transfer the leadership of the company. Looking back on 24 great years with...

2014-02-05 04:21:19

NIEUWEGEIN, the Netherlands, February 5, 2014 /PRNewswire/ -- Ballast Nedam is to strengthen its financial position in the long term with the support of all 5%-plus shareholders and banks. This refinancing comprises a rights issue of EUR30 million and EUR80 million of new loans that will mature in 2017. The rights issue will strengthen Ballast Nedam's balance sheet, and together with the new loans will provide the company with sufficient financial scope to concentrate fully on...

2013-12-23 04:20:42

NIEUWEGEIN, The Netherlands, December 23, 2013 /PRNewswire/ -- Last week the development foundation for the Netherlands Antilles SONA (Stichting Ontwikkeling Nederlandse Antillen) reached financial close for the construction of Hospital Nobo Otrabanda (HNO) in Curacao. This makes the design & construct contract with Ballast Nedam final, upon which the construction phase of the new hospital can start. Following an international tender Ballast Nedam was selected...

2013-10-31 04:22:38

NIEUWEGEIN, The Netherlands, October 31, 2013 /PRNewswire/ -- At the request of Ballast Nedam's Board of Management, Mr Hans Huis in 't Veld has been appointed an acting member of Infra Special Projects' management team. His primary responsibility will be dealing with additional work arising from a major project. Accordingly, Mr Hans Huis in 't Veld has resigned his membership of Ballast Nedam's Supervisory Board, with immediate effect. In addition, Mr Rob van...

2013-10-25 04:23:04

NIEUWEGEIN, The Netherlands, October 25, 2013 /PRNewswire/ -- - Ongoing reorganization affects approximately 250 jobs - Stable order book of EUR 1 630 million - Revised forecast for 2013: operational loss Construction and infrastructure markets were under sustained pressure. As a consequence, competition and price pressure have continued to increase. We expect this situation to persist for some time. The third-quarter results were...

2013-09-30 04:23:04

NIEUWEGEIN, The Netherlands, September 30, 2013 /PRNewswire/ -- With the achievement of financial close, the Pi2 consortium - which comprises Ballast Nedam and Royal Imtech - has reached an important milestone, and the penitentiary will now enter construction. The DBFMO contract with the Government Buildings Agency for the new Zaanstad Penitentiary building was signed on 2 September 2013. Pi2 is responsible for the design, construction, financing and maintenance of the...

2013-07-22 04:20:57

NIEUWEGEIN, The Netherlands, July 22, 2013 /PRNewswire/ -- The Netherlands Government Buildings Agency, on behalf of the Ministry of Security and Justice, has selected the Pi2 consortium, which comprises Ballast Nedam and Royal Imtech, for the new Zaanstad Penitentiary building at Hoogtij. Pi2's bid was selected as the economically most favourable under European public procurement legislation. The Government Buildings Agency has entered into a DBFMO contract with the...

2013-07-12 12:21:39

NIEUWEGEIN, The Netherlands, July 12, 2013 /PRNewswire/ -- On 12 July 2013, Ballast Nedam sold its 100% stake in Societé d'Exploitation des Carrières d'Yvoir SA (SECY, Yvoir) to Group De Cloedt. This sale is in line with Ballast Nedam's strategy of strengthening its financial position in 2013. The sandstone quarry in Yvoir, Belgium, produces high-grade hard sandstone aggregate, the main uses of which are in asphalt production and as railway ballast. Some grades are...

2013-07-12 04:21:30

NIEUWEGEIN, The Netherlands, July 12, 2013 /PRNewswire/ -- - Operating profit of EUR 1 million (1st half of 2012: EUR 4 million) - Profit for the period: loss of EUR 3 million (1st half-year 2012: break-even) - Revenue 14% lower at EUR 496 million (1st half of 2012: EUR 575 million) - Order book of EUR1.6 billion (year-end 2012: EUR 1.8 billion) - Operating profit forecast of approximately EUR 15 million for the full year...

2013-07-05 12:23:26

NIEUWEGEIN, The Netherlands, July 5, 2013 /PRNewswire/ -- The Netherlands Government Buildings Agency intends to select the consortium Pi2 - a partnership between Ballast Nedam and Royal Imtech - as the selected bidder for the public private partnership (PPP) project Penitentiary Zaanstad (new building). The project includes the design, construction, maintenance, financing and facilities management of the new penitentiary on Hoogtij in Zaanstad, The Netherlands....