Consultant eyes major infrastructure work in Middle East, Russia and eastern Europe
Ramboll is restructuring to target major infrastructure projects internationally, the consultant鈥檚 UK boss has said, as the firm posted strong financial results.
Charles McBeath, UK managing director, said the Denmark-based consultant had set up a 鈥渟trategic project team鈥, drawn from each part of the business, to target major infrastructure work.
McBeath said the team had identified the Middle East, Russia and eastern Europe as target markets, and the firm鈥檚 strategy was to capitalise on recent wins on large-scale projects, including the 拢1.5bn Forth Replacement Bridge crossing.
Major successes abroad will carry us through the difficult market conditions
Charles McBeath, Ramboll
McBeath said: 鈥淢ajor successes abroad will carry us through [difficult market conditions]. We鈥檙e focusing our minds on winning big strategic projects.鈥
Steve Canadine, head of markets and strategic projects, is leading the strategic team and has an executive board role at Ramboll.
McBeath added he was also restructuring the consultant鈥檚 UK business around projects rather than sectors wherever possible.
He said: 鈥淲e are focusing the whole organisation on projects 鈥 the project takes precedence.
鈥淲e are appointing strategic project directors to head up our major jobs who can move across the different sector businesses.鈥
好色先生TV of the restructure came as Ramboll posted strong results for 2011, boosted by its takeover of UK consultant Gifford last March.
Pre-tax profit rose 7% to 鈧40m (拢33m) in the year ending 31 December 2011, while turnover increased by 13%, from 鈧814m to 鈧925m.
Ramboll鈥檚 Gifford acquisition helped boost its year-on-year order book from 鈧376m to 鈧430m.
He said Ramboll was fortunate that its acquisition of Gifford was completed around the same time that its joint venture won the lead design role on the Forth crossing as 鈥渋t was a project to wrap ourselves around鈥.
McBeath added the consultant was 鈥渨atching鈥 Libya with a view to a return but did not expect to go back 鈥渦ntil at least 2013鈥.
Ramboll bought 14 companies in 2011 across the UK, Denmark, Finland, Norway and Poland, the largest of which was Gifford.
No comments yet