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Balfour Beatty wins 70 million pound contract for Crossrail project

Published 09/09/2014, 09:37
Updated 09/09/2014, 09:40
BALF
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LONDON (Reuters) - British infrastructure and construction firm Balfour Beatty (L:BALF) has been awarded a 70 million pound ($112.6 million) contract to redevelop a station in London on the Crossrail line linking points to the west and east of the capital.

The four-year project, which is due to commence this month, includes designing, fitting out and installing works at Woolwich Station and will employ 200 people, the company said in a statement on Tuesday.

Balfour, which has endured a tough 18 months marred by profit warnings and the exit of its chief executive, is trying to refocus itself as an Anglo-American construction and specialist group.

(Reporting by Li-mei Hoang; Editing by David Holmes)

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