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Company News

Work is starting this week on the £63 million redevelopment of Southern Water’s Woolston Wastewater Treatment Works.

A circular issued by Balfour Beatty to its shareholders is warning that the group could be at risk of financial default if they fail to approve the sale of Parsons Brinckerhoff – but also warns of risks if the sale gets the go-ahead.

Water industry regulator Ofwat has rejected a request by Bristol Water to enter into mediation facilitated by a confidential body on the £203m totex ‘gap’ for wholesale water costs in the firm’s revised business plan.

THAMES WATER PENTLAND HPR-1Thames Water Commercial Services has trebled the size of its Scottish operation in a bid to seize a greater share of Scotland’s £330million non-household water retail market.

Severn Trent Water has announced that around 500 jobs will go following changes made to its operating model and executive team structure in August.

Galliford Try has flagged up strong competition from new entrants for work on AMP6 programmes as leading to significant pressure on prices in its Annual Report and accounts for the year ended 30 June 2014 published today.

Royal BAM Group nv has set out details of the Back in Shape programme for the improvement of its operational and financial performance, including around 650 job cuts out of a total 9,700-strong workforce in the Netherlands.

Scottish Water has completed three £multi-million infrastructure projects in recent weeks worth £10m  in total.

An innovative solution submitted to the CostainMWH Severn Trent Water AMP5 Framework team award scheme is under consideration for company-wide adoption by Costain.

Northumbrian Water has announced details of another scheme incorporating a sustainable urban drainage solution to flooding.

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