- Business
- Koninklijke Heijmans N.V. engages in real estate development, residential and non-residential construction, and infrastructure projects primarily in the Netherlands and internationally. The company develops large- and small-scale urban and out-of-town projects; initiates, develops, and sells residential properties; builds homes; restores, redevelops, renovates, maintains, and services existing housing stock; designs, realizes, and maintains electro-technical and mechanical installations; executes large-scale construction contracts for health care, government, commercial property, and high-tech clean industry segments; and constructs, improves, and maintains road infrastructure and public spaces including related installations. Founded in 1923 and headquartered in Rosmalen, Netherlands, it operates through Property Development, Building and Technology, and Infrastructure segments and serves consumers, businesses, and governments with approximately 5,650 employees. In September 2023, the company changed its name from Heijmans N.V. to Koninklijke Heijmans N.V.; it recently agreed to acquire Hegeman for €37.5 million in cash to strengthen non-residential building, services, and conceptual construction, with Hegeman expected to contribute €140 million in revenue and €7.8 million Dutch GAAP EBITDA in 2025 pending regulatory approval; and won contracts including the upgrade of a 380kV high-voltage substation in Maasbracht, the Army Technology Centre in Leusden, 234 apartments in Eindhoven, and the Lemmer-Delfzijl waterway maintenance as part of a consortium.