Parsons Brinckerhoff targets Northern European rail market

Parsons Brinckerhoff (PB), the global professional services firm, is extending its capabilities in the Northern European rail market through the addition of IVV, a rail design business, which was part of Balfour Beatty Rail.  IVV will become part of PB from 01 January 2011.

Nick Flew, MD for Parsons Brinckerhoff in the European, Middle East and North Africa region, commented: “When Parsons Brinckerhoff joined the Balfour Beatty Group last year, it was clear that there were significant and exciting synergies to be achieved between the businesses, including the ability to now offer design and delivery skills across the entire lifecycle of projects.

“As a very important first step in this strategic aim, and to promote the integration between PB and Balfour Beatty Rail, the rail design business, IVV, will become part of PB. In northern Europe, particularly in Germany, Denmark, Sweden, Holland and Poland, we are likely to see strong investment in rail in the next decade.  We are already seeing great opportunities to work together, including currently bidding in Denmark for two major resignalling projects and the Amsterdam Metro extension.”

The move will allow focused investment in IVV, developing its geographic footprint in Germany and northern Europe and leveraging the global strengths of PB.  In the rail sector, there are significant opportunities in the development of greater design and build, multidisciplinary projects in the German market. The opportunities in the medium term for larger turnkey projects as economies recover and in general for the major ERTMS programmes that are developing across territories in Europe, also offer real opportunities for the Group.

IVV will continue to trade as IVV and will support Balfour Beatty rail in design and build contracts.  IVV will become part of an international professional services firm, allowing it to offer its customers a greater range of services. Winfried Zuber will continue as MD for IVV and will report to Nick Flew. Winfried will continue to work closely with Balfour Beatty Rail in Germany, liaising directly with Manfred Lerch (MD Balfour Beatty Rail in Germany) and his senior management team to develop opportunities for greater integration of services.

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