Royal BAM

Royal Bam Group suffered a €150m (£133m) pre-tax loss in the first half of the year as coronavirus shut down its operations. The Dutch-based group said that more than €50m (£44m) of its loss was linked to the disruption caused by coronavirus, with the UK one of the worst-affected markets.…

Bam Construct has won a £15m contract to refurbish the outside of Liverpool’s Aintree University Hospital, Construction News can reveal. The contractor will upgrade the building’s entrance and reclad the 10-storey tower block where the majority of its wards are based. The work is also designed to improve insulation, ventilation…

Kier secured top place in May’s contract awards league table thanks to a large healthcare project. A deal to build a new four-storey facility for a Birmingham hospital contributed £97.1m to its £260.1m haul of contracts for April, according to construction intelligence provider Glenigan. The quarter-of-a-billion pounds worth of work…

Bam Construct has been confirmed on the Sheffield Hallam University campus masterplan, which will deliver a £220m investment over the next five years. The contractor joins the Hallam Alliance, with design consultants BDP-Arup and facilities managers CBRE to deliver the educational facility’s masterplan. Construction News revealed the firms were in line…

Successful tier one contractors have been revealed in a supply chain refresh of a Scottish construction framework. Morrison, Morgan Sindall and Kier all retained places on Hub South West’s tier one framework with Bam Construct and Robertson Construction also added to the list. According to Robertson, the framework currently has…

Bam Construct has shut down some of its computer systems after falling victim to a cyber attack last week. Interserve also revealed it was hit by a cyber attack "earlier this month" which is still having an impact on its systems, in a statement published on its website this morning.…

Bam Construct will be the construction partner for a major estates-improvement programme run by University Hospitals Bristol and Weston NHS Foundation Trust (UHBW). Bam will act as the main contractor on an extensive improvement programme in Bristol, which falls under the government’s Procure 22 Capital Framework for health projects and…

Royal Bam has warned investors that disruption caused by COVD-19 will have a “substantial” impact on its performance. Results for the first three months of 2020 showed pre-tax profit of €1.3m (£1.1m) on revenue of €1.6bn (£1.4bn) for the Dutch-based contractor. Profit is significantly lower than the €16.8m (£14.5m) it…

Bam Construct has cut all employee salaries by 20 per cent, due to the company's finances being hit by reduced productivity on sites. The reduction in pay will apply from the start of May and run for at least three months, when the board will reassess the financial impact the…

Bam Construct has confirmed it will furlough 440 staff members with Laing O’Rourke is putting 1,000 staff on the government's furlough scheme during the coronavirus pandemic. Laing O’Rourke previously announced that some workers on inactive projects would be put on the scheme, which pays 80 per cent of peoples’ wages…