VolkerWessels

VolkerWessels records 20% turnover growth

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VolkerWessels UK achieved strong growth of almost 20 per cent in its accounts for the year ending 31 December 2019. The group broke through the billion-pound barrier to record revenue of £1.18bn, up 19.9 per cent on the £984m reported last summer. The company said the leap in revenue was…

Costain, McAlpine and Multiplex will decline furlough bonus

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Sir Robert McAlpine and Multiplex are the latest contractors to rule out claiming through the Jobs Retention Bonus scheme. Under the programme, firms are entitled to £1,000 for each employee brought back from furlough who remain in the firm’s employment until the end of January. The industry as a whole…

VolkerFitzpatrick loses High Court case

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VolkerFitzpatrick must pay Blackpool Council more than £1m to fix its faulty tram depot. The High Court has ruled that elements of the building, which VolkerFitzpatrick delivered under an £18m design and build agreement between 2009 and 2011, are not fit for purpose. To cover the cost of replacements and…

Winvic tops March league with mega logistics job

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Winvic has topped the March league table for contract wins, thanks to a massive logistics project in the East Midlands. Top 10 contractors, March 2020 Click here for the full top 50 Contractor No Total (£m) 1 Winvic 3 282.0 2 Royal Bam 9 252.3 3 ISG 7 200.3 4…

Sisk’s high-rise hotel sees it top league

Canary Wharf Westferry Premier Inn Sisk

Sisk topped the contract league for January thanks to a high-rise hotel job near Canary Wharf, according to data compiled by construction intelligence provider Glenigan. Top 10 contractors, January 2020 Click here for the full top 50 Contractor No Total (£m) 1 John Sisk 1 151.0 2 VolkerWessels 4 149.9…

HS2: Major contractors warn of damage to supply chain if plans change

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Balfour Beatty’s Leo Quinn, Kier's Andrew Davies and Sir Robert McAlpine’s Paul Hamer are among a group of 25 industry leading figures who have written to prime minister Boris Johnson asking him to back the delivery of HS2. The letter, also signed by the chief executives of Mace, Bam Nuttall…

VolkerFitzpatrick wins £20m Crossrail ‘final hurdle’

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VolkerFitzpatrick has been appointed to deliver £20m worth of upgrades to prepare Romford and Ilford stations for Crossrail. Works include a new station building at Ilford, as well as a new ticket hall and lifts to provide step-free access throughout the station. Construction at Ilford is expected to begin at…

VolkerFitzpatrick wins £75m RAF runway resurfacing deal

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VolkerFitzpatrick has been awarded a £75m contract to resurface the runway and airfield operating surfaces at RAF Lossiemouth, in Scotland. The contract was awarded by the Defence Infrastructure Organisation to prepare its Moray base in northern Scotland for the arrival of nine new marine patrol aircraft in 2020. The work…

VolkerWessels revenue nears £1bn

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Turnover at VolkerWessels UK has risen by over £113m in a year, with a profit of almost £29m in its accounts for the year ending 31 December 2018. The firm reported a revenue of £984m, compared to £870.4m in its accounts for 2017, and a pre-tax margin of 3 per…

VolkerFitzpatrick wins London office refurb deal

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VolkerFitzpatrick has been picked by developer Kajima to deliver a £27m refurbishment and extension of 77 Coleman St in the City of London.