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Ballast Nedam

Ballast Nedam
Public
Traded as EuronextBALNE
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 Increase €1.384 billion (2009)
Increase €17 million (2009)
Profit Increase €6 million (2009)
Number of employees
3,947 (2009)
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.

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.

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.


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