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Home > Company Index > Materials & Construction > Heavy Construction > HOCHTIEF AG

HOCHTIEF AG
 NEWS FROM THE WIRES
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More WIRE STORIES about this company

 PROFILE
HOCHTIEF has moved to the top of the German construction industry, ahead of chief rival Philipp Holzmann. The company designs, finances, builds, and operates large, technically demanding facilities worldwide. HOCHTIEF, which has combined its building and civil units to form HOCHTIEF Construction, has widened its global presence with major acquisitions in Canada, the Czech Republic, and the US (including construction giant Turner) and is now one of the world's largest construction firms. North American operations account for more than 60% of its sales. HOCHTIEF's airport construction and management business has operations in Athens and at three airports in Germany. German energy conglomerate RWE owns 56% of HOCHTIEF.

 COMPETITION
Bechtel Group, Inc. (dossier)
Bouygues S.A. (dossier)
Philipp Holzmann Group (HOZ)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 9,025.90
1-Yr. Sales Growth: 76.3%
Employees: 40,669
Revenue per employee: $221,935.63

 KEY PEOPLE
• Hans-Peter Keitel
    CEO
• Hans-Georg Vater
    CFO

 CONTACT INFO
Opernplatz 2
45128 Essen, Germany
Phone: 49-201-824-0
Fax: 49-201-824-2777
Online: Web Site

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