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Bauer AG remains on Course after the third Quarter

  • Total Group revenues rose by 22.0% to EUR 1,398.1 million; sales revenues increased by 27.5% to EUR 1,265.6 million
  • Total Group revenues rose by 22.0% to EUR 1,398.1 million; sales revenues increased by 27.5% to EUR 1,265.6 million
  • EBIT improved to EUR 48.9 million (previous year: EUR 38.0 million) and earnings after tax to EUR 6.9 million (previous year: EUR -4.0 million)
  • Order backlog with EUR 977.3 million at high level (previous year: EUR 1,019.0 million)
  • Forecast for 2017 confirmed
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Bauer Indonesia executes Foundation Works for 266-meter Skyscraper in Jakarta

 

Jakarta is the largest city in Southeast Asia with around ten million inhabitants. The impressive skyline of the Indonesian capital will soon have one more distinctive building – the Japanese company Mori Building is currently constructing a new 59-story high-rise, including four basement floors, in the "Golden Triangle", right in the center of Jakarta. In addition to offices, the 226-meter building will also feature restaurants and cafés. The main contractors of the Jakarta office tower project are Shimizu Corporation from Japan and Bangun Cipta Kontraktor from Indonesia. Completion of the high-rise is scheduled for 2021, while the foundation work has been underway since May 2017, with which the local subsidiary of Bauer Spezialtiefbau GmbH, P.T. Bauer Pratama Indonesia, has been contracted.

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Huesker Group established Australian Subsidiary

Following the recent acquisition of NBW Mining (Aust) Pty Ltd, the Huesker Group established Huesker Australia Pty Ltd. Currently on a global expansion drive, Huesker Australia will better enable the group to provide its entire high quality product and solution portfolio to clients in Australasia.

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Sustainable and reliable Hatch-designed Chaudière Dam in Canada officially opens

In 1998, Public Works and Government Services Canada (PWGSC) began the commissioning of physical investigative studies and engineering feasibility studies for the Big Chaudière Dam, one of the three dams located on the French River in Dokis, Ontario, Canada. The results from the studies, coupled with dam safety reviews performed in 2005 and 2011, led to the consensus that the dam needed to be replaced with a new structure immediately downstream of its existing location.

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Major Contract for Construction of new Lock at Terneuzen in the Netherlands

The Flemish-Dutch Scheldt Commission (Vlaams-Nederlandse Scheldecommissie, VNSC, a partnership between the Netherlands and Flanders for jointly managing the Scheldt estuary) has commissioned the Sassevaart joint venture the contract to construct a new lock at Terneuzen. The contract value is more than €753 million. The Sassevaart joint venture consists of BAM (the Dutch and Belgian sister companies BAM Infra and BAM Contractors), DEME (DEME Infra Marine Contractors B.V. and Dredging International N.V.) and the Belgian contractor Algemene Aannemingen Van Laere N.V.

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Inauguration of the Gabes-Sfax Motorway in Tunisia

Tunisian Public Works Minister has inaugurated the opening of the motorway section Sfax North-Sfax Sud-Mahres built by Salini Impregilo as part of the Trans-Maghreb Motorway Axis, an international project to improve transportation links among Mauritania, Morocco, Algeria, Tunisia and Libya.

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Innovative Slope Stabilization: Bauer Schweiz carries out Foundation Work for a Research and Laboratory Building in Zurich

 

The Swiss Federal Institute of Technology Zurich, ETH Zürich for short, is building a new research and laboratory complex. The seven-floor building with around 21,000 m² of floor space is planned to be operational in three years. Aside from office workplaces and seminar rooms, it will also include laboratories and catering options. Construction began in 2015 and the foundation work, with which Bauer Spezialtiefbau Schweiz AG was commissioned, took place from December 2016 to March 2017. "A unique concept for stabilizing the 110-meter-long north-eastern slope had to be developed for this", reported Bauer project manager Niklas Haag.

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