VolkerWessels News, Contracts, and Projects | Construction News

VolkerWessels boosts profit as civils work reaps rewards

Joshua Stein — Tue, 01 Oct 2024 10:33:47 +0000

Projects in the infrastructure and entertainment sectors have delivered a “very strong performance” for VolkerWessels. The contractor, which operates across the construction industry, tabled a pre-tax profit of £38.6m in the year to 31 December 2023, up from £37.7m. In its accounts, released today (1…

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Scottish rail reveals £1.4bn worth of deals

Chris Smith — Tue, 13 Aug 2024 10:33:26 +0000

Five contractors including VolkerRail have landed deals worth a total of more than £1.4bn to upgrade Scotland’s rail infrastructure. The contractors were confirmed this morning (13 August) by Network Rail Scotland under a new framework covering buildings, civils, structures, earthworks, drainage, and signalling and power…

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VolkerFitzpatrick wins £19m Surrey bridge contract

Charlotte Banks — Tue, 01 Aug 2023 06:00:38 +0000

VolkerFitzpatrick has been awarded a £19m contract to build a highway bridge over a rail line in Surrey. The Ash Road Bridge project will allow for the decommissioning of a level crossing on the A323 Guildford Road ahead of increased rail use on the North…

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Bumper warehouse project pushes contractor to top league spot

Joshua Stein — Tue, 06 Dec 2022 06:50:24 +0000

Winvic soared to top spot in the November leagues thanks to a £266m warehousing job in Swindon. The job, to demolish a car manufacturing plant formerly belonging to Honda and build a 672,000 square metre warehouse in its place, pushed it well beyond its nearest…

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Firm ‘harassed’ woman after she filed complaint against manager

Tiya Thomas-Alexander — Tue, 15 Nov 2022 06:50:07 +0000

A judge has rejected an attempt by VolkerRail to overturn parts of a ruling that it harassed and victimised a female employee after she made an allegation of sexual harassment against her line manager. Last year, a tribunal found that senior managers at the company…

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VolkerWessels warns of ‘economic headwinds’ despite return to profit

Mark Smulian — Wed, 20 Jul 2022 11:37:57 +0000

VolkerWessels UK has warned that high material and labour prices have created “economic headwinds of significant increases” in prices. In its results for the year ended 31 December 2021, the firm said the speed of decision-making in government had held back some projects. It has…

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Morgan Sindall takes top league spot with Kent manufacturing hub

Joshua Stein — Wed, 06 Apr 2022 05:50:57 +0000

Morgan Sindall has been propelled to the summit of the contractors’ league table for March by a £75m deal to develop a manufacturing hub in southern England. The 60,000 square foot facility, which is being developed at Kent Science Hub in Sittingbourne, will support cannabis-based…

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VolkerWessels blames £6m loss on problem jobs and COVID

David Price — Mon, 17 Jan 2022 06:50:27 +0000

VolkerWessels has blamed the £6.4m loss it incurred in 2020 on disruption caused by COVID and a number of problem jobs. VolkerStevin, its engineering subsidiary that focuses on the water, energy and defence market, had a “small number” of problem jobs, the group said. The…

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Galliford and VolkerWessels join CLC net-zero programme

tim.clark@emap.com — Thu, 09 Dec 2021 11:58:01 +0000

Another 11 firms, including Galliford Try and VolkerWessels, have joined the Construction Leadership Council’s (CLC) carbon reduction programme. Launched in March this year, the CO2nstructZero industry change programme brings together firms to act as “business champions” for carbon reduction in the construction sector. The 11…

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VolkerWessels profit boosted by HS2 go-ahead

Joshua Stein — Wed, 24 Nov 2021 12:01:35 +0000

VolkerWessels’ profit jumped by a quarter last year thanks in part to work on HS2 ramping up. The contractor said the notice to proceed on the section of HS2 between London and Birmingham in April 2020, where subsidiary VolkerFitzpatrick is working as part of the…

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