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Europe Company News:
Organisation name Source Title Date Summary Hyperlink

Premises and Facilites Management POWERFUL SPACE PLANNING FROM INTEGRATED FM 01/04/2009 The Workspace fm suite of space management tools from Integrated fm provides a comprehensive range of tools, designed to reduce operating expenses, optimise space and maximise the productivity of assets. Incorporating the latest CAD technology, Workspace fm also features integral CAFM capabilities to facilitate sharing of CAD-based information with other areas of FM operations. http://www.pfmonthenet.net/featuresarchive/article.aspx?ArticleID=24042
Arcadis Yahoo Finance Arcadis Results Better Than Expected 01/11/2009 ARCADIS (EURONEXT: ARCAD), the international design, consulting, engineering and management services company, in the third quarter of 2009 produced net income from operations of EUR 18.2 million, 12% more than last year. Gross revenues increased 10% to EUR 470 million, also as a result of the merger with Malcolm Pirnie early in July. Organic gross revenue decline stabilized at 7%. Continued infrastructure growth was offset by an increased decline in buildings and a clearly reduced decline in environment. The better than expected results were achieved by excellent performance in infrastructure and environment, keeping the margin above 10%, while Malcolm Pirnie also contributed well. As a result of a weaker U.S. dollar the currency effect on revenues and profits was limited.Malcolm Pirnie, a leading U.S. consultancy and engineering company in the water and environmental markets (1700 people, gross revenues $392 million), with whom Arcadis merged early July, was consolidated as of the third quarter. This merger provides Arcadis with a leading position in the fast growing water market and a top 10 position in the U.S. http://finance.yahoo.com/news/Arcadis-Results-Better-Than-prnews-2255978389.html?x=0&.v=2
Balfour Beatty i-FM net Balfour Beatty bullish on outlook 01/01/2009 Engineering to services group Balfour Beatty said its financial position remains 'strong' and its order intake 'robust' in a trading statement issued today. Balfour Beatty also singles out its facilities management business – including the former Haden and the acquired Covion – saying this continues to grow strongly.
Balfour Beatty i-FM net Balfour Beatty upbeat at mid year 01/07/2009 In three out of its four business sectors performance has been good. The building business stream is running ahead of last year, with the UK steady and the US better. In engineering, performance is again described as 'strong'; and in investments, financial close has been reached on three of four PPP projects that were at preferred bidder stage. Only in rail has business been hit, as the UK and other markets have fallen off.
Bilfinger Berger COMPANY WEBSITE Bilfinger Berger AG preparing transformation into a European Company (SE) 01/09/2009 The Executive Board of Bilfinger Berger AG resolved today to pursue the transformation into a European Company (SE). A resolution to this effect will, subject to the approval of the Supervisory Board, be presented to the 2010 Annual General Meeting. The planned transformation reflects the substantial growth in the importance of Bilfinger Berger's Europe-wide activities as a Multi Service Group. http://www.bilfinger.de/C125710E004ABFC5/CurrentBaseLink/W27VPB98489DEBBEN?open&l=yes
Carillion i-FM net Carillion quietly confidentIt's trading update season - and the latest from Carillion points toward strong growth in the first six months of 2009 and continued confidence in the market despite the state of the wider economy. 01/07/2009 The company says it is on track to achieve its objective of delivering 'materially enhanced earnings' in the full year, its borrowings are down substantially and the Alfred McAlpine integration cost savings are coming through as planned - increasing from £15m in 2008 to £35m in 2009 and £50m per annum in 2010.In particular, support services continues to make the largest contribution to the group's operating profit, Carillion says, as both public and private sector organisations are increasingly seeking opportunities to reduce operating costs and improve efficiency through outsourcing facilities management and other non-core services. The only downside to this is that the market is becoming increasingly competitive. As a result, Carillion's focus is on select bidding and careful risk management. It expects first-half operating profit to increase, compared with the corresponding period in 2008, and its order book is 'strong'.
Cofely COMPANY WEBSITE Axima Deutschland renamed Cofely 01/11/2009 Cofely Deutschland GmbH is one of Germany's leading specialists for building-related installation engineering and integrated building services, facilities engineering and process technology, facility management, energy management and industrial refrigeration technology. Cofely Deutschland GmbH and its subsidiary Cofely Refrigeration GmbH, which specialises in refrigeration technology, were formed in November 2009 from the former Axima Deutschland and Axima Refrigeration and are part of the French GDF Suez Group, Europe's leading energy provider. Cofely Deutschland's product portfolio covers all technologies related to the planning, construction, operation, maintenance and modernization of buildings and installations as well as industrial refrigeration installations.High-profile reference projects that have been recently completed include managing mechanical services for the new construction project of the Friedrich Loeffler Institute, Federal Research Institute for Animal Health, on the island of Riems, and technical facility management at Henkel's headquarters in Düsseldorf, as well as the energy and operation concept and energy monitoring for the new construction project of the State Agency for Salaries and Pensions in Düsseldorf. www.cofely.de
Cofely PFM GDF SUEZ has created COFELY, a strong unified brand name for its energy services activities, encompassing Cofathec and Elyo in the UK and France. 01/03/2009 In the UK and France, the new COFELY name will replace Cofathec and Elyo with immediate effect, as the companies merge in each country, so that Customers benefit from the greatest possible industrial, technical and commercial synergies. The new brand will gradually be adopted by the other energy services companies within the Energy Services Business Line, including Axima and GTI in Europe. http://www.pfmonthenet.net/featuresarchive/article.aspx?ArticleID=23578
Compass Group plc Today's Zaman Sofra, Turkey’s largest food service company, plans to grow in crisis 01/01/2009 The Compass-Sofra group, the largest food, catering and facility management company in Turkey, is targeting $1 billion in sales revenue in five years or even earlier, a top executive of the company has said. He also vowed that the global financial crisis and economic slowdown will not keep his company from growing even bigger and emphasized that his company is uniquely positioned to turn the crisis into an opportunity http://www.todayszaman.com/tz-web/detaylar.do?load=detay&link=162675&bolum=8
Faceo i-FM net Faceo on track with Delta win 01/07/2009 DeltaRail Group has awarded a five-site facilities services contract to Faceo Facilities Management.Faceo will deliver and manage services to the group's four sites in Derby, plus their site in central London.Service delivery will be managed and co-ordinated through Faceo_s recently expanded helpdesk facilities, CEO Chris Kenneally said.
Gegenbauer Facility Management magazine Gegenbauer and HEICO Group bundle building services 01/01/2009 Gegenbauer is providing cleaning services on behalf of both Gegenbauer and HEICO Service GmbH. The organizations expect this agreement to provide a springboard for growth for both organizations. HEICO can now offer a service across Germany and will concentrate its activities on the property management, aviation and personnel services sectors. The 2 companies are planning further cooperation in these sectors.
Hochtief English Capital Hochtief To Become An Active Player In Greece 01/09/2009 Germany's Hochtief aspires to play a leading role in the Greek construction industry.The company already operates the infrastructure and the equipment of the Eleftherios Venizelos Athens airport, where it holds a 40% stake in its operator, while in 2001 it launched Hocthief Facilities Management.Its subsidiary is active in the facilities management field, which the German titan thinks is underdeveloped in Greece, and registers an average turnover of 13 mil. euro per year. http://english.capital.gr/news.asp?id=821411
ISS Group Facility Management magazine ISS Facility Services 01/04/2009 On 01 March Christoph Heymann took over the position of Country Manager for ISS Facility Services Germany
ISS Group i-FM net Acquisitions spur ISS revenue growth 01/08/2009 ISS delivered 'robust' performance over the first half of the year despite the economic challenges it faced across the globe, the Copenhagen-based group says. Revenue for the first six months of 2009 totalled DKK 34bn (£4bn), up 5% compared with the first six months of 2008. Organic growth was 1%, with growth from acquisitions of 4%. Operating profit before other items was lower at DKK 1.7bn (£200m) compared to DKK 1.9bn (£212m) last year. The company attributes this to lower margins and to reductions in contracts, particularly in hard-hit markets such as France and Germany. Group CEO Jørgen Lindegaard commented: "Considering the challenges in the world economy, ISS' performance has been robust. Except for Europe, all regions contributed to the organic growth, with Asia and Latin America delivering double-digit growth rates.
Mace i-FM net Construction services group Mace has teamed up with Macro, its facilities management division, to deliver a new headquarters in Frankfurt for the global investment management firm Invesco. 01/07/2009 The £2m project comprised the fit-out of new offices and the relocation of 130 staff, providing modern, high quality, open plan office accommodation of approximately 30,000 sq ft. Macro and Mace collaborated to provide Invesco with onsite project management, facilities management, cost and design support services.
MITIE Reuters Mitie Q1 solid, as benefits from outsourcing drive 01/07/2009 The group, which cleans the Tower of London and supplies attendants to the Tate Britain art gallery, said its facilities management and infrastructure units had performed especially well since March 31."Economic conditions have created momentum for further efficiencies in both the public and private sectors ... We are benefiting from these market forces," But trading conditions in Mitie’s property management and asset management remain challenging. Mitie directors confirmed that the group has already secured 78% of forecast revenue for the current financial year.This includes a new three year £100 M facilities management contract with financial giant Santander covering its head office buildings portfolio which includes 33 sites in England, Scotland and Northern Ireland. http://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSLA49210220090710
SMI i-FM net SMI poaches JLL international FM director 01/11/2009 Paul Yearley, former Jones Lang LaSalle International Director and MD of the JLL IFM business, has joined SMI as Director of Portfolio TFM Solutions. SMI, one of Europe's leading portfolio services companies, is jointly owned by MITIE, Germany's Klüh Group and the French Sin & Stes. It holds about 20 portfolio contracts delivering facilities services to international groups including Henkel, Sun Microsystems and Procter & Gamble.
Sodexo BIFM Sodexo posts healthy profits for fiscal 2009 01/11/2009 Revenues at global FM provider Sodexo were up 7.9 per cent, including 2.5 per cent organic growth for the year ended August 31, 2009.Operating profit of 746 million euro was up 8.1 per cent and growth in net income was 4.5 per cent after acquisition financing, maintaining proposed dividend at 1.27 euro per shareMichel Landel, chief executive officer, said that revenues for 2010 will be maintained at the same level. Operating profit is expected to be around 750 and 770 million euro, at constant exchange rates"In a particularly difficult environment, Sodexo again increased revenues and profits in Fiscal 2009 to a level in line with its objectives,” he said.“As we anticipated last year, the crisis has slowed our new business development and weighed on comparable unit growth on existing sites. These impacts will continue during Fiscal 2010 such that, for the coming year, consolidated revenues are likely to remain at the same level as in Fiscal 2009.” http://www.fm-world.co.uk/news/business-news/sodexo-posts-healthy-profits-for-fiscal-2009/
UBS Reuters UBS hires ex-Credit Suisse exec to cut costs 01/04/2009 Ulrich Koerner - an expert in processes, systems and technologies has been named as chief operating officer at UBS. Koerner will oversee the bundling of group-wide units like personnel management, procurement, real estate and facility management into the bank's corporate center.UBS will streamline processes and decision-making by bundling all group-wide service and infrastructure units within its Corporate Center. This comprises Procurement and Real Estate and Facility Management as well as personnel management. The IT units of the business divisions will likewise be consolidated at the group level with the already centralized IT infrastructure unit. This step creates the potential for sustainable efficiency increases and cost savings. Under the leadership of the new Group COO, the corresponding management and organizational structure will be immediately revised and implemented in an ongoing manner. http://www.reuters.com/article/ousiv/idUSTRE53015H20090401
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