HOCHTIEF Anual report 2008
 

Strategy

HOCHTIEF is a successful company – for more than 130 years, we have offered our clients construction solutions individually tailored to their needs. We have thus developed into an international provider of construction services. Today, our portfolio includes the development, construction, services and concessions and operation modules. We are therefore in a position to provide integrated solutions at every link in the life cycle of infrastructure projects, real estate and facilities.

Our activities throughout the entire HOCHTIEF Group are based on our vision: "HOCHTIEF is building the future. – Along with our partners, we expand horizons, link people and organizations, create new ways to think and act, and continually enhance the values entrusted to our care." Our vision will continue to point the way for HOCHTIEF's development in the future.

In our Group strategy, the following initiatives set the tone:

Expansion in high-growth regions

The strategic acquisitions we have made in recent years have enabled us to reinforce our business considerably, for example, through the purchase of the US civil engineering company Flatiron, or the acquisitions of aurelis Real Estate and the stake in Budapest Airport in 2007. We have successfully integrated these companies into the Group.

On the whole, HOCHTIEF focuses on organic growth in all areas of the Group. We therefore expand our business continually, but concentrate exclusively on markets with high growth rates. Accordingly, our efforts are aimed at various regions: HOCHTIEF PPP Solutions is currently gaining a foothold in North America, where the public-private partnership market is growing due to factors including the Obama administration's economic stimulus program. We are also growing this business in existing markets: Germany, Greece, the UK and South America.

Our products and services

Development

This module encompasses real estate development, from planning and finance all the way to marketing, either as individual offerings or an all-in package.

Construction

This module comprises traditional construction operations as well as construction management in the areas of building, civil engineering and infrastructure development.

All modules of the product and service portfolio are closely interlocked.

Services

The services module covers services in the pure sense, such as construction planning, logistics, asset management, facility management, energy management, property management and insurance. Construction management at fee is also included.

Concessions and operation

Included here are all activities aimed chiefly at managing business processes. This notably covers the work of our airport segment as well as our public-private partnership business in the toll roads and public buildings segments as well as renewable energies. Contract mining, with its focus on operation, is also assigned to this module.


 
HOCHTIEF Anual report 2008 | Copyright 2009 HOCHTIEF