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Home > Company Index > Materials & Construction > Heavy Construction > Philipp Holzmann Group

Philipp Holzmann Group
 PROFILE
Global construction giant Philipp Holzmann Group is clearing away the rubble of its own management problems and engineering a recovery from near-bankruptcy after a government-led bailout. The group includes German and international companies; chief among them is German construction company Philipp Holzmann AG, which builds transportation systems and public, residential, and commercial buildings. Other operations include architectural services, facility management, and industrial engineering. International subsidiaries are managed through New York-based Philipp Holzmann International. Belgium-based Gevaert owns about 30% of Holzmann, and Deutsche Bank owns about 15%.

 COMPETITION
Bechtel Group, Inc. (dossier)
E.ON AG (EON)
HOCHTIEF AG (HOT)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 5,496.10
1-Yr. Sales Growth: 19.8%
Employees: 22,893
Revenue per employee: $240,077.75

 KEY PEOPLE
• Konrad Hinrichs
    CEO
• Johannes Ohlinger
    CFO

 CONTACT INFO
Taunusanlage 1
60299 Frankfurt, Germany
Phone: 49-69-262-1
Fax: 49-69-262-433
Online: Web Site

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