Royal Boskalis Westminster

The Royal Boskalis Westminster nv, abbreviated Boskalis, is a Dutch corporation whose focus is the Seebaggergeschäft. Previously she has performed under its Dutch name " Koninklijke Boskalis Westminster NV " with the title " Royal " (Royal ) may be used by the purveyor to the Dutch royal family.

Among the traditional business areas of the company founded in 1910 is one of the dredging of sand and mud for the purpose of free entertainment of ports and shipping lanes, land reclamation and coastal protection. To this end, the company operates a large fleet of about 300 dredgers of all sizes. This is often to their own developments.

In recent times, Boskalis also operates port construction including technical infrastructure of the subsidiary " Archirodon " ( turnover 141 million euros ) to which it holds 40 %, and operates port infrastructure from all LNG terminals over the subsidiary " Lamnalco " (sales of 43 million euros ) to which it holds 50 %.

Other markets are underwater rock works and earthworks in the deep water offshore facilities for oil production or gas production as drilling rigs, production platforms, pipelines etc. Smit International is since 2010 a subsidiary of the Company.

From 1993 to 2006 Boskalis was led by Rob van Gelder, since 2006 by Peter Berdowski.

Headcount, turnover

The company employed an average of 10,597 employees in 2009, their number is increasing.

Revenue increased in the last years of 1.354 million euros (2006) to EUR 2,175 million ( 2009). It is spread over the whole world and that (2009):

Netherlands: 316 million euros
Europe excluding Netherlands: EUR 432 million
Australia / Asia: 370 million euros
Africa 164 million: EUR
North and South America: 231 million euros

Ownership structure

The main shareholders are the "HAL Holding NV " 31 %, the " Sprucegrove Investment Management Limited " 5.6 % and "Delta Lloyd NV " 5%. The rest is free float and is located mainly in U.S., UK and 10 other European countries.

The Royal Boskalis Westminster nv the shares are listed on the Euro Euronext Amsterdam. The value is part of the Next 150 index and the AMX index in Amsterdam. Your ISIN is NL0000852580 their WKN A0MR3M. In Germany the share on the XETRA, Frankfurt Stock Exchange, Stuttgart Stock Exchange and the Berlin-Bremen Stock Exchange is traded.

German daughter: Heinrich Hirdes GmbH

In Germany Boskalis operates through its subsidiary Heinrich Hirdes GmbH. Hydraulic engineering, dredging, culvert construction, civil engineering, piling, port construction, remediation and environmental engineering, explosive ordnance disposal.

Land reclamation, eg Palm Islands

In Dubai, for example, Boskalis is involved with three of his 300 dredgers, namely the Colbart, the Taurus and the Ursa at the landfill and securing of Palm Iceland I, an artificial island in the shape of palm trees with a coastline of 120 km, for which approximately 200 million cubic meters of sand and stones moved must be. Mostly, however, it comes to container ports, gas terminals, land reclamation for commercial buildings along the coasts of millions of cities, etc.

Competitors

Main competitors include the Belgian Dredging International and the Dutch company Van Oord and Volker Stevin Marine Contracting ( VSMC ) and the Belgo-Luxembourg Jan de Nul Group.