Royal BAM Group nv
Native name
Koninklijke BAM Groep nv
FormerlyN.V. Bataafsche Aanneming Maatschappij van Bouw- en Betonwerken v/h Firma J. van der Wal en Zoon (1928-1971)
TypePublic (Naamloze vennootschap)
Euronext: BAMNB
IndustryConstruction
Founded1869
HeadquartersBunnik, Netherlands
Key people
Ruud Joosten (CEO), Henk Rottinghuis (Chairman of the Supervisory Board)
Revenue€7,315 million (2021)[1]
€278.4 million (2021)[1]
€18.1 million (2021)[1]
Number of employees
15,739 (FTE, average 2021)[1]
Websitewww.bam.com

Royal BAM Group nv (Dutch: Koninklijke BAM Groep nv) is a Dutch construction-services business with headquarters in Bunnik, Netherlands. It is the largest construction company based on revenue in the Netherlands.[2]

History

The company was founded by Adam van der Wal as a joiner's shop in 1869 in Groot-Ammers - a rural village in the Alblasserwaard region, which lies east of Rotterdam.[3] It was renamed Bataafsche Aanneming Maatschappij van Bouw- en Betonwerken, in English, Batavian Construction Company for Construction and Concrete Projects plc. ('BAM') in 1927. When the company reached its 125th anniversary on 12 May 1994, it received the right to add ‘Royal’ to its name and it continued to expand through acquisition, buying Interbuild in 1998,[4] NBM-Amstelland in 2000[5] and Hollandsche Beton Groep in 2002.[6]

In July 2020, Royal BAM announced it was winding down its 600-strong BAM International business, blaming the COVID-19 pandemic for mounting losses.[7] Up to 150 jobs would also be cut at BAM Construct UK.[8]

In October 2022, Dutch authorities (the Fiscal Information and Investigation Service and the Public Prosecution Service) visited BAM International bv offices in Gouda, in an investigation relating to potential irregularities at some completed projects. Bam was "fully cooperating" with the investigation.[9]

Operations

Construction equipment from Koninklijke BAM Groep in Madurodam in typical green-orange livery

The company's major operations include:[10]

  • BAM Bouw en Techniek - Non-residential construction
  • BAM Wonen - Residential construction
  • AM - Area development
  • BAM Infra - Civil engineering in the Netherlands
  • BAM Interbuild - Non-residential and residential (apartments) building in Brussels and Flanders
  • BAM Construct UK (comprising BAM Construction and BAM Properties)
  • BAM Nuttall - Civil engineering in the UK (comprising BAM Ritchies - geotechnical)
  • BAM Contractors Ltd (BAM Ireland) - Building, civil engineering, facilities management, property and rail in Ireland
  • BAM Deutschland - Construction in Germany
  • Wayss & Freytag Ingenierbau - Civil engineering in Germany; as tunnelling specialist also active as joint venture partner in BAM's other home markets)
  • BAM International - Projects outside of Europe
  • BAM PPP - Investment company

Major projects

Road Construction by BAM Groep
BAM towercrane in Groningen

Projects completed by the company include the Amsterdam Arena football stadium for AFC Ajax in Amsterdam completed in 1996,[11] the Antwerp Law Courts completed in 2005[12] and the Euroborg football stadium for FC Groningen in Groningen completed in 2006.[13] The company was part of the Infraspeed consortium which handed over the HSL-Zuid high-speed railway line for commercial use in 2009.[14]

References

  1. 1 2 3 4 "Annual Report 2021". Koninklijke BAM Groep. Retrieved 23 November 2022.
  2. ↑ Published by Lars Kamer (2020-01-09). "• Netherlands: biggest construction companies based on revenue 2017". Statista. Retrieved 2020-02-20.
  3. ↑ Royal BAM Group: History Archived 2010-12-16 at the Wayback Machine
  4. ↑ Company profiles: Interbuild Archived 2011-07-10 at the Wayback Machine
  5. ↑ BAM buys NBM's construction arm Archived 2011-07-24 at the Wayback Machine Hebels, 1 September 2000
  6. ↑ Royal BAM NBM completes takeover of HBG Archived 2011-07-10 at the Wayback Machine Europe Real Estate, 15 November 2002
  7. ↑ Rogers, Dave (6 July 2020). "Covid-19 blamed as losses pile up at Royal Bam". Building. Retrieved 6 July 2020.
  8. ↑ Weinfass, Ian (6 July 2020). "Bam Construct axes up to 150 jobs". Construction News. Retrieved 6 July 2020.
  9. ↑ "Dutch authorities investigate Bam projects". The Construction Index. 17 October 2022. Retrieved 17 October 2022.
  10. ↑ "Organisation | Koninklijke BAM Groep / Royal BAM Group". Bam.com. Retrieved 2020-02-20.
  11. ↑ The making of Amsterdam Arena Archived 2010-12-03 at the Wayback Machine
  12. ↑ Antwerp Law Courts (Interbuild are part of Royal BAM Group) Archived 2011-07-19 at the Wayback Machine
  13. ↑ 10 million euro orders for Olympic Stadium in Berlin and Euroborg Stadium in Groningen Archived 2010-12-28 at the Wayback Machine Imtech, 8 April 2004
  14. ↑ HSL-Zuid Organisation Archived 2008-02-14 at the Wayback Machine
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