Ballast Nedam

An NS train waiting on the tracks (Photo: TahR78/Wikipedia)
Jul 11 '18 15:50

Dutch rail company NS is benefiting from the high property prices in the Netherlands. The company recently sold 16 hectares of land in Utrecht for an estimated amount between 90 million and 125 million euros, the Telegraaf reports.

The property, Cartesiusdriehoek, was sold to real estate developers MRP and Ballast Nedam. NS refused to comment on the amount involved. The rail company previously used the land to store and maintain train wagons.

MRP and Ballast Nedam plan to build 2,600 houses, a school and hospitality space on the property. 

Ballast Nedam
Feb 27 '17 14:40

Between 1996 and 2003 Dutch construction company Ballast Nedam paid bribes to the Saudi kings Fahd and Abdullah, broadcaster Human reported on Monday based on documents from the Tax Authorities' investigative department FIOD. All in all Ballast Nedam paid 500 million dollars to members of the Saudi royal family, according to the broadcaster.

The company and the Public Prosecutor reached a 17.5 million euros settlement on this bribery case in 2012.  

800px-Worshipful_Master's_Gavel
Nov 12 '14 14:32

The Public Prosecutor announced this morning that SBM Offshore has settled for an amount of 192 million euro ($240 million). This is in the corruption case in which the company paid bribes in Angola and Equatorial Guinea. Evidence of bribery was also found in Brazil.

1280px-Analyzing_Financial_Data_(5099605109)
Sep 25 '14 15:00

Despite heavy criticism of accountants, they refuse to cut their fee. Offices and firms have to pay heavy fees to work with high quality accountants.

Rotterdam Harbor
Jul 31 '14 11:03

Harbor bosses in Rotterdam's port are worried about the effect that the trade war against Russia will have on Dutch business. The Russian Shtandart oil terminal deal in the Rotterdam harbor is at the brink of collapse, which the harbor managers say is bad news for the city.

Feb 7 '14 04:31

The settlement that Ballast Nedam reached in 2012 not only involved bribes to top-ranking officials in Saudi Arabia, but also to Surinam. The company settled for 17.5 million euros with the Public Prosecution in 2012.

Oct 26 '13 02:39

The round-up of some of this week’s most noteworthy events and news stories features: the commotion around Zwarte Piet, Greenpeace still trying to free their crew, Netherlands and Russia trying resolve their recent issues with one another, and of course the American NSA

Oct 25 '13 12:57

Dutch construction company Ballast Nedam announced that it will slash 250 jobs because of poor financial results.

Aug 22 '13 08:57

Ballast Nedam subsidiary REMEX Mineralstoff has presented a non-binding proposal to get hold of Feniks Recycling.

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