<?xml version="1.0" encoding="utf-8"?>
<!--
  This file is part of the OCW taxonomy, which is an extension on the Dutch taxonomy (NT, Nederlandse Taxonomie) 
  Intellectual Property of the State of the Netherlands, Ministry of Culture, Education and Sciences (OCW, Ministerie van Onderwijs, Cultuur en Wetenschappen)
  Architecture: NT13 
  Version: 20190220.a
  Released by: Dienst Uitvoering Onderwijs (DUO)
  Release date: Mon Aug 27 08:07:52 CET 2018
-->
<link:linkbase xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink">
	<link:roleRef roleURI="http://www.nltaxonomie.nl/2016/labelrole/domainSpecificLabel" xlink:href="http://www.nltaxonomie.nl/2016/xbrl/sbr-labelroles.xsd#sbr-l_domainSpecificLabel" xlink:type="simple"/>
	<link:labelLink xlink:role="http://www.xbrl.org/2003/role/link" xlink:type="extended">
		<link:loc xlink:href="../../../rj/20181212.a/dictionary/rj-data.xsd#rj-i_LiabilitiesNoncurrentInterestRate" xlink:label="rj-i_LiabilitiesNoncurrentInterestRate_loc" xlink:type="locator"/>
		<link:label id="rj-i_LiabilitiesNoncurrentInterestRate_domainspecific_en" xlink:type="resource" xlink:role="http://www.nltaxonomie.nl/2016/labelrole/domainSpecificLabel" xlink:label="rj-i_LiabilitiesNoncurrentInterestRate_domainspecific_en" xml:lang="en">Effective interest rate in the reporting period</link:label>
		<link:labelArc xlink:from="rj-i_LiabilitiesNoncurrentInterestRate_loc" xlink:to="rj-i_LiabilitiesNoncurrentInterestRate_domainspecific_en" xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"/>
		<link:loc xlink:href="../../../rj/20181212.a/dictionary/rj-data.xsd#rj-i_AccommodationCosts" xlink:label="rj-i_AccommodationCosts_loc" xlink:type="locator"/>
		<link:label id="rj-i_AccommodationCosts_domainspecific_en" xlink:type="resource" xlink:role="http://www.nltaxonomie.nl/2016/labelrole/domainSpecificLabel" xlink:label="rj-i_AccommodationCosts_domainspecific_en" xml:lang="en">Accommodation costs</link:label>
		<link:labelArc xlink:from="rj-i_AccommodationCosts_loc" xlink:to="rj-i_AccommodationCosts_domainspecific_en" xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"/>
		<link:loc xlink:href="../../../rj/20181212.a/dictionary/rj-data.xsd#rj-i_AccommodationCostsDisclosure" xlink:label="rj-i_AccommodationCostsDisclosure_loc" xlink:type="locator"/>
		<link:label id="rj-i_AccommodationCostsDisclosure_domainspecific_en" xlink:type="resource" xlink:role="http://www.nltaxonomie.nl/2016/labelrole/domainSpecificLabel" xlink:label="rj-i_AccommodationCostsDisclosure_domainspecific_en" xml:lang="en">Disclosure of accommodation costs</link:label>
		<link:labelArc xlink:from="rj-i_AccommodationCostsDisclosure_loc" xlink:to="rj-i_AccommodationCostsDisclosure_domainspecific_en" xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"/>
		<link:loc xlink:href="../../../rj/20181212.a/dictionary/rj-data.xsd#rj-i_CashFlowStatementDisclosure" xlink:label="rj-i_CashFlowStatementDisclosure_loc" xlink:type="locator"/>
		<link:label id="rj-i_CashFlowStatementDisclosure_domainspecific_en" xlink:type="resource" xlink:role="http://www.nltaxonomie.nl/2016/labelrole/domainSpecificLabel" xlink:label="rj-i_CashFlowStatementDisclosure_domainspecific_en" xml:lang="en">Cash flow statement, disclosure</link:label>
		<link:labelArc xlink:from="rj-i_CashFlowStatementDisclosure_loc" xlink:to="rj-i_CashFlowStatementDisclosure_domainspecific_en" xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"/>
		<link:loc xlink:href="../../../rj/20181212.a/dictionary/rj-data.xsd#rj-i_ConstructionContractsAssets" xlink:label="rj-i_ConstructionContractsAssets_loc" xlink:type="locator"/>
		<link:label id="rj-i_ConstructionContractsAssets_domainspecific_en" xlink:type="resource" xlink:role="http://www.nltaxonomie.nl/2016/labelrole/domainSpecificLabel" xlink:label="rj-i_ConstructionContractsAssets_domainspecific_en" xml:lang="en">Valuation of projects in progress</link:label>
		<link:labelArc xlink:from="rj-i_ConstructionContractsAssets_loc" xlink:to="rj-i_ConstructionContractsAssets_domainspecific_en" xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"/>
		<link:loc xlink:href="../../../rj/20181212.a/dictionary/rj-data.xsd#rj-i_ConstructionContractsDisclosure" xlink:label="rj-i_ConstructionContractsDisclosure_loc" xlink:type="locator"/>
		<link:label id="rj-i_ConstructionContractsDisclosure_domainspecific_en" xlink:type="resource" xlink:role="http://www.nltaxonomie.nl/2016/labelrole/domainSpecificLabel" xlink:label="rj-i_ConstructionContractsDisclosure_domainspecific_en" xml:lang="en">Disclosure of valuation of projects in progress</link:label>
		<link:labelArc xlink:from="rj-i_ConstructionContractsDisclosure_loc" xlink:to="rj-i_ConstructionContractsDisclosure_domainspecific_en" xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"/>
		<link:loc xlink:href="../../../rj/20181212.a/dictionary/rj-data.xsd#rj-i_ConstructionContractsLiabilities" xlink:label="rj-i_ConstructionContractsLiabilities_loc" xlink:type="locator"/>
		<link:label id="rj-i_ConstructionContractsLiabilities_domainspecific_en" xlink:type="resource" xlink:role="http://www.nltaxonomie.nl/2016/labelrole/domainSpecificLabel" xlink:label="rj-i_ConstructionContractsLiabilities_domainspecific_en" xml:lang="en">Advances received for projects</link:label>
		<link:labelArc xlink:from="rj-i_ConstructionContractsLiabilities_loc" xlink:to="rj-i_ConstructionContractsLiabilities_domainspecific_en" xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"/>
		<link:loc xlink:href="../../../rj/20181212.a/dictionary/rj-data.xsd#rj-i_ConstructionContractsLiabilitiesDisclosure" xlink:label="rj-i_ConstructionContractsLiabilitiesDisclosure_loc" xlink:type="locator"/>
		<link:label id="rj-i_ConstructionContractsLiabilitiesDisclosure_domainspecific_en" xlink:type="resource" xlink:role="http://www.nltaxonomie.nl/2016/labelrole/domainSpecificLabel" xlink:label="rj-i_ConstructionContractsLiabilitiesDisclosure_domainspecific_en" xml:lang="en">Disclosure of advances received for projects</link:label>
		<link:labelArc xlink:from="rj-i_ConstructionContractsLiabilitiesDisclosure_loc" xlink:to="rj-i_ConstructionContractsLiabilitiesDisclosure_domainspecific_en" xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"/>
		<link:loc xlink:href="../../../rj/20181212.a/dictionary/rj-data.xsd#rj-i_EmployeeBenefitsExpensesOther" xlink:label="rj-i_EmployeeBenefitsExpensesOther_loc" xlink:type="locator"/>
		<link:label id="rj-i_EmployeeBenefitsExpensesOther_domainspecific_en" xlink:type="resource" xlink:role="http://www.nltaxonomie.nl/2016/labelrole/domainSpecificLabel" xlink:label="rj-i_EmployeeBenefitsExpensesOther_domainspecific_en" xml:lang="en">Other employee benefits</link:label>
		<link:labelArc xlink:from="rj-i_EmployeeBenefitsExpensesOther_loc" xlink:to="rj-i_EmployeeBenefitsExpensesOther_domainspecific_en" xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"/>
		<link:loc xlink:href="../../../rj/20181212.a/dictionary/rj-data.xsd#rj-i_EmployeeBenefitsExpensesOtherDisclosure" xlink:label="rj-i_EmployeeBenefitsExpensesOtherDisclosure_loc" xlink:type="locator"/>
		<link:label id="rj-i_EmployeeBenefitsExpensesOtherDisclosure_domainspecific_en" xlink:type="resource" xlink:role="http://www.nltaxonomie.nl/2016/labelrole/domainSpecificLabel" xlink:label="rj-i_EmployeeBenefitsExpensesOtherDisclosure_domainspecific_en" xml:lang="en">Disclosure of other employee benefits</link:label>
		<link:labelArc xlink:from="rj-i_EmployeeBenefitsExpensesOtherDisclosure_loc" xlink:to="rj-i_EmployeeBenefitsExpensesOtherDisclosure_domainspecific_en" xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"/>
		<link:loc xlink:href="../../../rj/20181212.a/dictionary/rj-data.xsd#rj-i_IncreaseDecreaseCashAndCashEquivalents" xlink:label="rj-i_IncreaseDecreaseCashAndCashEquivalents_loc" xlink:type="locator"/>
		<link:label id="rj-i_IncreaseDecreaseCashAndCashEquivalents_domainspecific_en" xlink:type="resource" xlink:role="http://www.nltaxonomie.nl/2016/labelrole/domainSpecificLabel" xlink:label="rj-i_IncreaseDecreaseCashAndCashEquivalents_domainspecific_en" xml:lang="en">Increase (decrease) in cash and cash equivalents</link:label>
		<link:labelArc xlink:from="rj-i_IncreaseDecreaseCashAndCashEquivalents_loc" xlink:to="rj-i_IncreaseDecreaseCashAndCashEquivalents_domainspecific_en" xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"/>
		<link:loc xlink:href="../../../rj/20181212.a/dictionary/rj-data.xsd#rj-i_IncreaseDecreaseProvisions" xlink:label="rj-i_IncreaseDecreaseProvisions_loc" xlink:type="locator"/>
		<link:label id="rj-i_IncreaseDecreaseProvisions_domainspecific_en" xlink:type="resource" xlink:role="http://www.nltaxonomie.nl/2016/labelrole/domainSpecificLabel" xlink:label="rj-i_IncreaseDecreaseProvisions_domainspecific_en" xml:lang="en">Increase (decrease) of provisions</link:label>
		<link:labelArc xlink:from="rj-i_IncreaseDecreaseProvisions_loc" xlink:to="rj-i_IncreaseDecreaseProvisions_domainspecific_en" xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"/>
		<link:loc xlink:href="../../../rj/20181212.a/dictionary/rj-data.xsd#rj-i_OperatingResultCashFlow" xlink:label="rj-i_OperatingResultCashFlow_loc" xlink:type="locator"/>
		<link:label id="rj-i_OperatingResultCashFlow_domainspecific_en" xlink:type="resource" xlink:role="http://www.nltaxonomie.nl/2016/labelrole/domainSpecificLabel" xlink:label="rj-i_OperatingResultCashFlow_domainspecific_en" xml:lang="en">Operating Result</link:label>
		<link:labelArc xlink:from="rj-i_OperatingResultCashFlow_loc" xlink:to="rj-i_OperatingResultCashFlow_domainspecific_en" xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"/>
		<link:loc xlink:href="../../../rj/20181212.a/dictionary/rj-data.xsd#rj-i_ProceedsFromBorrowings" xlink:label="rj-i_ProceedsFromBorrowings_loc" xlink:type="locator"/>
		<link:label id="rj-i_ProceedsFromBorrowings_domainspecific_en" xlink:type="resource" xlink:role="http://www.nltaxonomie.nl/2016/labelrole/domainSpecificLabel" xlink:label="rj-i_ProceedsFromBorrowings_domainspecific_en" xml:lang="en">Borrowings engaged in the reporting period</link:label>
		<link:labelArc xlink:from="rj-i_ProceedsFromBorrowings_loc" xlink:to="rj-i_ProceedsFromBorrowings_domainspecific_en" xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"/>
		<link:loc xlink:href="../../../rj/20181212.a/dictionary/rj-data.xsd#rj-i_RepaymentsBorrowings" xlink:label="rj-i_RepaymentsBorrowings_loc" xlink:type="locator"/>
		<link:label id="rj-i_RepaymentsBorrowings_domainspecific_en" xlink:type="resource" xlink:role="http://www.nltaxonomie.nl/2016/labelrole/domainSpecificLabel" xlink:label="rj-i_RepaymentsBorrowings_domainspecific_en" xml:lang="en">Repayments in the reporting period</link:label>
		<link:labelArc xlink:from="rj-i_RepaymentsBorrowings_loc" xlink:to="rj-i_RepaymentsBorrowings_domainspecific_en" xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"/>
		<link:loc xlink:href="../../../rj/20181212.a/dictionary/rj-data.xsd#rj-i_RestructuringProvisionDisclosure" xlink:label="rj-i_RestructuringProvisionDisclosure_loc" xlink:type="locator"/>
		<link:label id="rj-i_RestructuringProvisionDisclosure_domainspecific_en" xlink:type="resource" xlink:role="http://www.nltaxonomie.nl/2016/labelrole/domainSpecificLabel" xlink:label="rj-i_RestructuringProvisionDisclosure_domainspecific_en" xml:lang="en">Disclosure of provision related to social policy, restructuring, and employee related legal proceedings</link:label>
		<link:labelArc xlink:from="rj-i_RestructuringProvisionDisclosure_loc" xlink:to="rj-i_RestructuringProvisionDisclosure_domainspecific_en" xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"/>
	</link:labelLink>
</link:linkbase>