Bouygues

Bouygues E&S agrees parent loan to finance operations

Bouygues Belfast EFW

Bouygues E&S Contracting UK has agreed a loan from its parent company to help finance its activities, new accounts have revealed. The loan facility with parent entity Bouygues Energy & Services SAS, based in France, was put in place earlier this year following the outbreak of the COVID-19 pandemic. Bouygues…

Watch: robot cuts risks for HS2 tunnellers

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HS2 is set to deploy a robot arm to automate two risky tasks during tunnelling work on the rail megaproject. The robot, dubbed Krokodyl, has been developed by main works contractor Align, a joint venture between Bouygues, Sir Robert McAlpine and VolkerFitzpatrick. It will be deployed on a pair of…

Bouygues UK returns to profit

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Bouygues UK returned to profit in 2019, as its turnover fell for the second year running due to its “increased selectivity” over work. The firm posted a £2.6m pre-tax profit in the 12 months to 31 December 2019, up from a loss of £528,000 the year before. Turnover fell from…

Bouygues construction takes £474m COVID hit

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Bouygues Group posted an operating loss of €176m (£158m) for the first half of 2020, though the Paris-based conglomerate said it managed to return to positive territory in the second quarter, with an operating profit of €64m. The company said COVID-19 had “strongly impacted” its business and that a €2.8bn…

Bouygues sues electrical wholesaler over site fire

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Bouygues UK is suing an electrical wholesaler over a fire at a major project, arguing that the incident delayed completion by nearly two months. The contractor completed the £126m Cambridge Assessment building in 2018, providing a new headquarters for the university’s exam board manager. Construction News visited the project in…

Royal Bam tops July contract league

Royal Bam topped July’s contract wins league table after two road jobs put it in pole position. The Dutch-owned contracting business signed the contract for the £200m M54 to M6 Toll Link Road project and a £312m M40-M42 interchange with joint venture partner Morgan Sindall. Both jobs were landed by…

Costain, McAlpine and Multiplex will decline furlough bonus

Chancellor Rishi Sunak

Sir Robert McAlpine and Multiplex are the latest contractors to rule out claiming through the Jobs Retention Bonus scheme. Under the programme, firms are entitled to £1,000 for each employee brought back from furlough who remain in the firm’s employment until the end of January. The industry as a whole…

Kier’s education project wins jump £170m in a month

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Kier has won 13 school building projects worth around £170m in the last four weeks. The new contracts across England and Wales consist of new-build and refurbishment projects. The contractor claimed it is now completing a school a week on average. Among the recent project wins it has announced is…

Morgan Sindall and Bouygues firm win on £400m hospital expansion

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Morgan Sindall and Linkcity, the development arm of Bouygues UK, have won work on a £400m children’s hospital expansion programme. Guy’s and St Thomas’ NHS Foundation Trust has announced plans for a major expansion of the Evelina London hospital in Westminster, the capital's second largest facility for children. Morgan Sindall…

Bouygues UK confirmed on major east London regen scheme

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Bouygues UK is to deliver a major mixed-use project in east London with a gross development value of £240m. The Hallsville Quarter site is being developed by the firm’s property arm Linkcity UK, which signed off on the scheme. The development will see the contractor build 620 new homes, a…