Ballast Nedam NV - Company Profile
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Ballast Nedam NV (Ballast Nedam) is a construction contractor. Business portfolio, operating performance, order book, and project portfolio are key strengths of the company, even as ongoing litigation remains a cause for concern. Recovery in construction industry in the Netherlands, strategic acquisition of Hurks Groep, and expansion into European energy-transition infrastructure could provide new growth opportunities to the company. However, stringent regulations, risks related to competitive bidding, and increase in minimum wages in the Netherlands could affect the company’s performance.
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