Interserve CEO Debbie White Fears over the financial position at Interserve were confirmed this morning as the Board admitted to “a realistic prospect” of the group breaching its financial covenants with lending banks.
Four firms have been invited to participate in the next stage of the competition for the A737 Den Realignment project. The shortlisted bidders for the key improvement project are I & H Brown Ltd, Interserve Construction Ltd, R J McLeod (Contractors) Ltd and Roadbridge Civil Engineering & Bui
Interserve has confirmed it is in talks with its lenders amid growing fears about the firm’s finances. Last month the group saw its shares halve when it issued a fresh profit warning and announced that the cost of quitting its troubled Energy from Waste (EfW) contracts will “significantly exceed
Interserve, the international support services and construction group, has secured a £6 million facilities services account with furniture and flooring retailer, ScS (Sofa Carpet Specialist). The UK-wide account, which runs for an initial period of three years, covers waste services, planned and re
The Glasgow Recycling and Renewable Energy Centre at Polmadie Interserve issued a fresh profit warning today amid expectations that the cost of quitting its troubled Energy from Waste (EfW) contracts will now “significantly exceed” the £160 million it had expected.
Interserve has secured a framework contract extension valued at £10 million to erect the 8,800-seater grandstands over the next five years for The Royal Edinburgh Military Tattoo. The international support services and construction group has been responsible for building, dismantling and storing th
Edinburgh Printmakers has begun work to create its new home at Castle Mill Works in Fountainbridge. The home of the former North British Rubber Factory is set to be transformed into a £12.3 million creative hub hosting a new Centre of Excellence for Printmaking and Creative Industries Hub.
Trading at Interserve during the first four months of the year has remained in line with forecasts, with progress being made on its troublesome exit from the energy-from-waste business, the support services and construction group has said today. A statement issued ahead of the company's annual share
The £16.8 million project to revamp the Scottish National Gallery in Edinburgh has been hit by a delay due to complications with the planned construction programme. The National Galleries of Scotland (NGS) said the delay of the planned extension to its headquarters into East Princes Street Gardens,