Ballast Nedam Negotiates Relaunch of Heddes

Mar 01, 2011, 04:11 ET from Ballast Nedam NV

NIEUWEGEIN, The Netherlands, March 1, 2011 /PRNewswire-FirstCall/ -- Ballast Nedam announces it is one of the parties conducting negotiations with the receiver of the Dutch construction company Heddes in order to achieve a relaunch.

Ballast Nedam has a leading position in construction and infrastructure. The company operates mainly in the Netherlands on integrated and other projects for companies, public authorities and housing consumers, in the fields of mobility, housing, employment, leisure and energy. Ballast Nedam operates internationally in various areas of expertise. Ballast Nedam supplies project, process and contract management in the development, implementation and management phases. The company also provides specialized know-how and skills, and semi-finished and finished products. Ballast Nedam is listed on NYSE Euronext in Amsterdam. The share is included in the Amsterdam Small Cap Index.

SOURCE Ballast Nedam NV