euronext balne industry construction civil engineering dredging founded amsterdam netherlands april 4 1877 1877 04 04 headquarters nieuwegein netherlands area served worldwide key people theo bruijninckx chairman products bridges tunnels roads parkings railways revenue 1.384 billion 2009 1 operating income 17 million 2009 1 profit 6 million 2009 1 number of employees 3 947 2009 1 website www.ballast nedam.com ballast nedam is a dutch based construction and engineering company headquartered in nieuwegein . the company as well as the name is a merge between amsterdamse ballast maatschappij and nederlandse aannemingsmaatschappij . it s the fourth biggest dutch construction and engineering company after royal bam group heijmans and volkerwessels . contents 1 history 1.1 ballast 1.2 nedam 1.3 merger 2 sponsorship 3 revenue and profit history 4 projects selection 5 external links 6 references history edit ballast edit the existence of the amsterdamsche ballast maatschappij can be attributed to the noordzeekanaal . its original operations back in 1877 were simplicity itself empty merchant ships going to sea obtained dune sand as ballast . in later years the company also applied itself to dredging . in the first decade of the 20th century the company began to grow under the direction of charles de vilder a paver and roadworker based in amsterdam . ballast evolved from a sand supplier to a construction firm and from 1928 onwards also operated as a concrete manufacturer . the introduction of the first labour saving excavator in 1927 marked the automation of sand extraction . after the second world war ballast focused increasingly on dredging operations and later on civil engineering works too abroad . the firm established its reputation within dutch borders with the construction of the afsluitdijk in 1932 and the velser tunnels in 1957 . nedam edit h.f. boersma set up in business as a contractor in den haag from 1899 onwards . he began with the construction of villas and country houses but earned his reputation through the construction of the vredespaleis in 1913 . four years later boersma founded the company nederlandse aannemingsmaatschappij n.v. the building activities went so well that by 1921 he had already begun to establish a building company in what was known at the time as the dutch east indies . nedam became more widely known through the construction of the hague convention bureau the former bijenkorf department store in rotterdam and the nederlandsche handels maatschappij headquarters in amsterdam known as the bazel building . merger edit the ballast nedam group came into being through the amalgamation of the two companies in 1969 . the former ballast contracts with the middle east were extended and ballast nedam was involved in the start of mammoth projects such as the kuwait international airport and the king fahd causeway one of the longest cross channel connections in the world . works of distinction in the netherlands include the development and construction of the maarssenbroek district in the province of utrecht the oosterscheldekering the design of the modern amsterdam airport schiphol and the construction of the amsterdam stopera in 1986 . the ballast nedam group grew as a result of the acquisition of van grootel s bouwmaatschappij in 1974 . three years later the name was changed to ballast nedam b.v. ballast nedam was purchased by british aerospace in 1987 for 47 million . in october 1993 british aerospace announced its intention to sell ballast nedam . 2 in may 1994 ballast nedam shares were once again quoted on the amsterdam stock exchange and the private limited company became a public limited company once more . the company strengthened its position in the dutch market through acquisitions but sold its dredging activities in 2002 . ballast nedam then withdrew from the international project market and concentrated its activities mainly within the netherlands where the ballast nedam story all began . sponsorship edit ballast nedam sponsor the bouw in beeldprijs an annual photography prize in the netherlands . 3 the prize is awarded every year to a photographer who in the eyes of the jury has best captured the construction theme . the bouw in beeldprijs started in 2007 . revenue and profit history edit the loss over the year 2014 of 103 million was very large causing the company to ask for additional loans from banks and other partners . 4 the loss was mainly caused by the division of infrastructure due to the project for broadening part of the national a15 highway in the netherlands . 5 the company filed claims at the government for the enormous cost increase of this project . after announcing the loss over 2014 the company stated by one of its executives erik van der noordaa that the company will not execute such large and complex projects any more in future 4 year revenue profit 2014 1 166 billion 103 0 million 2013 1 268 billion 41 0 million 2012 1 296 billion 41 0 million 2011 1 384 billion 9 0 million 2010 1 359 billion 7 0 million 2009 1 384 billion 6 0 million 2008 1 426 billion 24 0 million 2007 1 270 billion 27 0 million 2006 1 310 billion 44 0 million 2005 1 206 billion 20 0 million 2004 1 164 billion 13 0 million projects selection edit the peace palace in the hague netherlands the confederation bridge in canada peace palace 1913 in the hague netherlands afsluitdijk 1933 between the dutch provinces of north holland and friesland zeeland bridge 1965 between schouwen duiveland and noord beveland in the province of zeeland netherlands kuwait international airport in farwaniyah kuwait 15.5 kilometers 9.6 mi south of kuwait city botlek tunnel 1980 between two sides of the maas river in rotterdam netherlands king fahd causeway 1986 between saudi arabia and bahrain 6 oosterscheldekering 1986 between schouwen duiveland and noord beveland 7 amsterdam arena 1996 soccer stadium of afc ajax in amsterdam netherlands 8 confederation bridge 1997 between prince edward island and new brunswick in canada 9 great belt fixed link 1998 between the zealand and funen across the great belt in denmark 10 new douglas park 2001 soccer stadium of hamilton academical in lanarkshire scotland 11 euroborg 2006 soccer stadium of fc groningen in groningen netherlands 12 windpark egmond aan zee 2007 the first large scale offshore wind farm built off the dutch north sea coast 13 hsl zuid 2009 125 km long high speed railway line between netherlands and belgium 14 external links edit official website references edit wikimedia commons has media related to ballast nedam . a b c d annual report 2009 pdf . ballast nedam . retrieved 2011 01 08 . bae will sell ballast . the independent . actueel . a b no more complex projects . nu.nl . 1 may 2015 . retrieved 1 may 2015 . de voogt sam 1 may 2015 . dramatic loss of 103 million euro . nrc handelsblad in dutch . retrieved 1 may 2015 . asiarooms.com community travel blog . asiarooms.com community . deltawerken cooperation . the making of amsterdam arena confederation bridge . the final span over the resund . hochtief . retrieved 8 january 2011 . shields tom 2001 07 29 . nice new stadium shame about the name . the sunday herald . 10 million euro orders for olympic stadium in berlin and euroborg stadium in groningen archived december 28 2010 at the wayback machine . imtech 8 april 2004 shell begins construction at egmond aan zee offshore wind farm oil voice 20 april 2006 hsl zuid starts to take shape 1 april 2002 retrieved from https en.wikipedia.org w index.php title ballast nedam & oldid 730695406 categories companies established in 1877construction and civil engineering companies of the netherlandshidden categories cs1 dutch language sources nl articles with wayback machine linkscommons category with local link same as on wikidata navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main 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