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Competition probe launched into Bouygues takeover of Equans

Competition probe launched into Bouygues takeover of Equans

Competition probe launched into Bouygues takeover of Equans
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Competition probe launched into Bouygues takeover of Equans
Competition probe launched into Bouygues takeover of Equans
Competition probe launched into Bouygues takeover of Equans
Competition probe launched into Bouygues takeover of Equans
Construction news, jobs and co... Construction news, j... | 1 year ago
Bouygues is hoping to finalise acquisition later this year
Bouygues is hoping to finalise acquisition later this year
Bouygues struggles to raise profitability
Bouygues struggles to raise profitability
Bouygues struggles to raise profitability
Bouygues struggles to raise profitability
Construction news, jobs and co... Construction news, j... | 1 year ago
Despite a 15% rise in revenue to ยฃ484m, pre-tax profits fell short of expectations reaching ยฃ835,000, up from ยฃ585,000 previously. The lacklustre performance in the year to March 2021, saw operating margins remain static at 0.3%. Over the period Bouygues provided ยฃ4.3m to cover expected losses on continuing contracts and provided ยฃ1m to cover restructuring. Latest private accounts submitted for the UK construction operation of the French construction giant also revealed the firm had raise...
Despite a 15% rise in revenue to ยฃ484m, pre-tax profits fell short of expectations reaching ยฃ835,000, up from ยฃ585,000 previously. The lacklustre performance in the year to March 2021, saw operating margins remain static at 0.3%. Over the period Bouygues provided ยฃ4.3m to cover expected losses on continuing contracts and provided ยฃ1m to cover restructuring. Latest private accounts submitted for the UK construction operation of the French construction giant also revealed the firm had raise...
Bouygues E&S commences FM partnership with JCDecaux - FMJ
Bouygues E&S commences FM partnership with JCDecaux - FMJ
Bouygues E&S commences FM partnership with JCDecaux - FMJ
Bouygues E&S commences FM partnership with JCDecaux - FMJ
Book and Periodical Publishing Book and Periodical ... | 1 year ago
Bouygues Energies & Services (Bouygues E&S) has partnered with global out-of-home advertising company, JCDecaux in the UK. The total FM contract includes the facilities management of JCDecauxโ€™s prestigious Paddington head office and its iconic building in Brentford. The partnership deal also extends to the smart cities of the future and supporting JCDecaux UKโ€™s net zero ambitions. Delivery of services commenced on 1 April 2022 at both locations following a four-week mobilisation period which...
Bouygues Energies & Services (Bouygues E&S) has partnered with global out-of-home advertising company, JCDecaux in the UK. The total FM contract includes the facilities management of JCDecauxโ€™s prestigious Paddington head office and its iconic building in Brentford. The partnership deal also extends to the smart cities of the future and supporting JCDecaux UKโ€™s net zero ambitions. Delivery of services commenced on 1 April 2022 at both locations following a four-week mobilisation period which...
Competition watchdog intervenes in HS2 tender race
Competition watchdog intervenes in HS2 tender race
Competition watchdog intervenes in HS2 tender race
Competition watchdog intervenes in HS2 tender race
Construction news, jobs and co... Construction news, j... | 1 year ago
Companies from each of the French-owned groups are in the final stages of separately bidding for the ยฃ300m overhead power lines package. Four bidders are in the chase including Bouygues-owned Colas Rail, Rapide JV โ€“ a consortium of Equans-owned SPL Powerlines UK/INEO and Keltbray โ€“ Balfour Beatty, and the China Railway Electrification Engineering Group Co. The Competition and Markets Authority said that it recognised there were sufficient credible competitors for any future contracts for ...
Companies from each of the French-owned groups are in the final stages of separately bidding for the ยฃ300m overhead power lines package. Four bidders are in the chase including Bouygues-owned Colas Rail, Rapide JV โ€“ a consortium of Equans-owned SPL Powerlines UK/INEO and Keltbray โ€“ Balfour Beatty, and the China Railway Electrification Engineering Group Co. The Competition and Markets Authority said that it recognised there were sufficient credible competitors for any future contracts for ...
Bouygues E&S Contracting slumps to near ยฃ50m loss
Bouygues E&S Contracting slumps to near ยฃ50m loss
Bouygues E&S Contracting slumps to near ยฃ50m loss
Bouygues E&S Contracting slumps to near ยฃ50m loss
Construction news, jobs and co... Construction news, j... | 1 year ago
It has now run up losses for the last five consecutive years totalling ยฃ141m. The engineering construction and maintenance specialist based in Motherwell said most of the losses were incurred on two of its key contracts where delays have occurred. Steven Weir, CEO at Bouygues Energies & Services, said: โ€œLossess were incurred in respect of legacy contracts where technical difficulties were experienced. โ€œDespite these difficulties, the company continued to deliver successful projects in its...
It has now run up losses for the last five consecutive years totalling ยฃ141m. The engineering construction and maintenance specialist based in Motherwell said most of the losses were incurred on two of its key contracts where delays have occurred. Steven Weir, CEO at Bouygues Energies & Services, said: โ€œLossess were incurred in respect of legacy contracts where technical difficulties were experienced. โ€œDespite these difficulties, the company continued to deliver successful projects in its...
Bouygues to pull bid for ยฃ300m HS2 catenary works
Bouygues to pull bid for ยฃ300m HS2 catenary works
Bouygues to pull bid for ยฃ300m HS2 catenary works
Bouygues to pull bid for ยฃ300m HS2 catenary works
Construction news, jobs and co... Construction news, j... | 1 year ago
Bouygues is buying rival French contractor Equans in a ยฃ6bn deal. But the UK competition authority has threatened to throw a spanner in the works because of concerns that the merged company would have two bids in the present HS2 contest to find an overhead powerlines contractor. Four bidders are in the chase including Bouygues-owned Colas Rail, Rapide JV โ€“ a consortium of Equans-owned SPL Powerlines UK/INEO and Keltbray โ€“ Balfour Beatty, and the China Railway Electrification Engineering G...
Bouygues is buying rival French contractor Equans in a ยฃ6bn deal. But the UK competition authority has threatened to throw a spanner in the works because of concerns that the merged company would have two bids in the present HS2 contest to find an overhead powerlines contractor. Four bidders are in the chase including Bouygues-owned Colas Rail, Rapide JV โ€“ a consortium of Equans-owned SPL Powerlines UK/INEO and Keltbray โ€“ Balfour Beatty, and the China Railway Electrification Engineering G...
Bouygues E&S named as a supplier on CCS Facilities Management Framework - FMJ
Bouygues E&S named as a supplier on CCS Facilities Management Framework - FMJ
Bouygues E&S named as a supplier on CCS Facilities Management Framework - FMJ
Bouygues E&S named as a supplier on CCS Facilities Management Framework - FMJ
Book and Periodical Publishing Book and Periodical ... | 1 year ago
Bouygues Energies & Services (Bouygues E&S) has been named as a supplier on Crown Commercial Serviceโ€™s (CCS) new Facilities Management framework, RM6232. The framework, which lasts for four years with a potential total value of approximately ยฃ8bn, will be used by Central Government Departments and all other UK Public sector bodies, including local authorities, health, police, fire and rescue, education and devolved administrations. RM6232 replaces the old FM framework, RM3830, which expires l...
Bouygues Energies & Services (Bouygues E&S) has been named as a supplier on Crown Commercial Serviceโ€™s (CCS) new Facilities Management framework, RM6232. The framework, which lasts for four years with a potential total value of approximately ยฃ8bn, will be used by Central Government Departments and all other UK Public sector bodies, including local authorities, health, police, fire and rescue, education and devolved administrations. RM6232 replaces the old FM framework, RM3830, which expires l...
Police hand over probe into Costain site death to HSE
Police hand over probe into Costain site death to HSE
Police hand over probe into Costain site death to HSE
Police hand over probe into Costain site death to HSE
Construction news, jobs and co... Construction news, j... | 1 year ago
Marius Badiou died on 21 July 2022 during a lifting operation at the Gatwick Railway Redevelopment Project at Gatwick Airport. A joint investigation was launched with and led by the British Transport Police. The police have concluded their investigations and HSE will now lead the case. The investigation will determine if any breaches under the Health and Safety at Work Act have occurred. HSE principal inspector Ross Carter said: โ€œIt is important HSE completes the investigation into Mariusโ€™...
Marius Badiou died on 21 July 2022 during a lifting operation at the Gatwick Railway Redevelopment Project at Gatwick Airport. A joint investigation was launched with and led by the British Transport Police. The police have concluded their investigations and HSE will now lead the case. The investigation will determine if any breaches under the Health and Safety at Work Act have occurred. HSE principal inspector Ross Carter said: โ€œIt is important HSE completes the investigation into Mariusโ€™...
Safety notices issued after Hinkley scaffold fall
Safety notices issued after Hinkley scaffold fall
Safety notices issued after Hinkley scaffold fall
Safety notices issued after Hinkley scaffold fall
Construction news, jobs and co... Construction news, j... | 1 year ago
Office for Nuclear Regulation orders improvements by Bouygues and Laing Oโ€™Rourke
Office for Nuclear Regulation orders improvements by Bouygues and Laing Oโ€™Rourke
EQUANS launches new brand EQUANS Digital - FMJ
EQUANS launches new brand EQUANS Digital - FMJ
EQUANS launches new brand EQUANS Digital - FMJ
EQUANS launches new brand EQUANS Digital - FMJ
Book and Periodical Publishing Book and Periodical ... | 1 year ago
EQUANS is launching a new brand, EQUANS Digital, to help its customers develop their performance and accelerate their digital transition. EQUANS Digital brings together all of the specialist ICT and digital expertise of EQUANS, comprising of 6,000 employees working together as a global network to implement these innovative solutions. This buoyant and fast-growing market represents ... The post EQUANS launches new brand EQUANS Digital appeared first on FMJ.
EQUANS is launching a new brand, EQUANS Digital, to help its customers develop their performance and accelerate their digital transition. EQUANS Digital brings together all of the specialist ICT and digital expertise of EQUANS, comprising of 6,000 employees working together as a global network to implement these innovative solutions. This buoyant and fast-growing market represents ... The post EQUANS launches new brand EQUANS Digital appeared first on FMJ.