Royal BAM Group : Possible additional setback on Afsluitdijk project
>Increased cost overruns? - The Telegraaf, a Dutch daily, is reporting that the Afsluitdijk project, where BAM (45%) is partnering with Van Oord (45%) and Rebel (10%), is faced with material cost overruns. According to the article, insiders estimate the cost overruns to be move to c. €400m, up from estimates of €200m when the problem with the Afsluitdijk surfaced first. In a letter from the minister of Infrastructure to the Dutch parliament earlier in 2021, the minist...Koninklijke Bam is a construction group based in the Netherlands. Co. is active in the sectors construction, property, civil engineering, public private partnerships, mechanical and electrical contracting, consultancy and engineering, and facilities management. Co. maintais market positions in the Netherlands, Belgium, the United Kingdom, Ireland and Germany. Co. undertakes specialist construction and civil engineering projects in niche markets worldwide. Co.'s consultancy and engineering company provides services to global clients with their international operations.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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