Research Paper on:
Balfour Beatty

Unformatted Sample Text from the Research Paper:
billion, increasing to US $22.44 billion by 2012 (Business Monitor, 2008). The credit crunch is having an impact, but many major construction projects are already in place and construction projects  that are going ahead include Dubai Towers in Doha, Salam Resort in Bahrain and parts of The Lagoons in Dubai (Foreman, 2008). The industry is also one with relativity few  barriers to entry, so the active construction companies are not only those native to the UAE, but there are many international companies present. One of these is Balfour Beatty which  operates in Dubai as well as its other global interests which include Hong Kong, Germany, the UK and the US (Balfour Beatty, 2008). When looking at the firm it is  likely that it will reflect the industries within which it operates. Therefore, both the firm and the context in which it operates needs to be considered when assessing the company.  2. The Company Founded in 1909 and registered in the UK, the business has grown though acquisition and organic growth. The first ever contract was for ?141,4501 for the  constrction of a new tramway, today the firm has multimillion pound contacts. With major construction contracts covering the build of roads, railways, hospitals, water supply systems, school and power generation  and transmission plants as well as other building and infrastructure contracts the firm employers nearly 35,000 people globally and is currently engaged in major road developments in the UK the  US and Dubai (Balfour Beatty, 2008). The company itself is divided into operating segments, Building, building management and services; Civil and specialist engineering and services; Rail engineering and  services; Investments, and Corporate (Balfour Beatty, 2008). The firm has made some recent acquisitions, including the Cowlin Group in April 2007 and Heery International in June 2008 as well as