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| Type | Public (LSE: COST) |
|---|---|
| Founded | 1865 |
| Headquarters | Maidenhead, UK |
| Key people | David Jefferies, Chairman Andrew Wyllie, CEO |
| Industry | Construction, Civil engineering |
| Revenue | £877.9 million (2007) |
| Operating income | £16.5 million (2007) |
| Net income | £16.0 million (2007) |
| Employees | 3,319 (2006) |
| Website | www.costain.com |
Costain Group plc is a British construction and civil engineering company headquartered in Maidenhead. It was part of the original Channel Tunnel consortium and is involved in Private Finance Initiative projects. Turnover for the year to 31 December 2007 was £877.9 million and operating profit was £16.5m.
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History
The company was founded in Liverpool by Richard Costain, a builder from the Isle of Man, in 1865 and was floated on the London Stock Exchange in 1933. It has operated in the Middle East since 1935, and in central and southern Africa since 1947.
Structure
Costain's construction activities are organised into divisions which serve the education, health, retail, highways, rail, nuclear, marine and water sectors.[1]
Costain Oil, Gas and Process (COGAP) is the division responsible for the engineering and construction of energy-sector based projects.[1] Based in Manchester, it is active in Natural Gas Storage activities in the UK.
Major projects
Projects undertaken by or involving the Company have included the Dolphin Square apartments in London completed in 1937,[2] a section of the Trans-Iranian Railway completed in 1939,[3] Dubai International Airport completed in 1960,[4] the Thames Barrier completed in 1984,[5] the Channel Tunnel completed in 1994,[6] the Tsing Ma Bridge in Hong Kong completed in 1997,[7] the Cardiff Bay Barrage completed in 1999[8] and the King's Cross Western Ticketing Hall completed in 2006.[9]
RoSPA award
In 2007, RoSPA named Costain as the number one company (out of 1,400) for safe practices at work and awarded the company the Sir George Earle trophy.[10]
References
- ^ a b Being number one
- ^ Norman Kipping, “Costain, Sir Richard Rylandes (1902–1966),” rev., in Oxford Dictionary of National Biography, ed. H. C. G. Matthew and Brian Harrison (Oxford: OUP, 2004), http://www.oxforddnb.com/view/article/32580 (accessed March 7, 2007).
- ^ Costain history
- ^ Costain: Did you know? - item 27
- ^ Environment Agency
- ^ Channel Tunnel on Structurae database
- ^ Asia Rooms
- ^ Cardiff Bay Barrage Report
- ^ New Western Ticket Hall opens
- ^ RoSPA press release
External links
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