Juan Santamaría Cases (CEO and chairman of the executive board), Pedro López Jiménez (Chairman of the supervisory board)
Ángel Muriel Bernal
Peter Sassenfeld
Martina Steffen
Products
Construction services, project management
Revenue
€21.377 billion (2021) [2][3]
Operating income
€205 million (2021)[2]
Net income
€157.2 million (2021)[2]
Total assets
€6.459 billion (end 2021)[2]
Total equity
€2.670 billion (end 2021)[2]
Number of employees
33,835 (end 2021)[2][3]
Parent
ACS Group (66.5%)[4]
Website
hochtief.com
Hochtief AG is a German construction company based in Essen, North Rhine-Westphalia, Germany.[5] Hochtief is Germany's largest construction company and operates globally, ranking as one of the largest general construction companies in the United States through its Turner subsidiary, and in Australia through a 90% shareholding in CIMIC Group.[6] In 2010 it employed more than 70,000 employees across five corporate divisions. One of these, Hochtief Concessions, is a major airport operator. The others are involved with construction project planning, finance, construction and operation.[5] Work done in 2010 was €23.23 billion, with more than 80% coming from operations outside Germany.[7]
The company's history dates back to 1874 and includes engineering feats such as the transplantation of the Abu Simbel rock temples in Egypt (saving them from the rise of the River Nile caused by the Aswan High Dam),[8] and infrastructure projects like the new Athens International Airport[9] and Germany's first nuclear power plant.[10] It is also noted for its involvement with the Bauhaus movement,[11] particularly for its work at Zollverein colliery[12] and the reconstruction of the Kandinsky-Klee house in Dessau;[13] both World Heritage Sites. During World War II it deployed forced labor on construction projects.[14] It built the Führerbunker in Berlin, the scene of Adolf Hitler's suicide, as well as Hitler's home in Berghof and the Wolfsschanze headquarters.[15] More recent constructions have included Bosphorus Bridge (Turkey),[16] King Abdulaziz International Airport (Saudi Arabia),[17] and the Messeturm[18] and Commerzbank Tower[19] in Frankfurt.
In late 2010, Spanish construction company ACS Group, which already owned a 30 percent stake of Hochtief, launched a bid that would allow ACS to acquire an additional 20 percent stake of Hochtief. The bid was approved by the German Federal Financial Supervisory Authority (BaFin) on 29 November 2010.[20] ACS increased its stake in Hochtief to 50.16 percent in June 2011,[21] effectively taking over control of Hochtief.
^"HOCHTIEF Konzern > Geschichte". hochtief.de.
^ abcdef"Annual Financial Statements of HOCHTIEF Aktiengesellschaft as of December 31, 2021". Hochtief. Retrieved 25 February 2022.
^ ab"HOCHTIEF Group Report 2021". Hochtief. Retrieved 25 February 2022.
^4-traders. "ACS Actividades de Construccion y Servicios company : Shareholders, managers and business summary - Bolsa de Madrid: ACS - 4-Traders". 4-traders.com.{{cite web}}: CS1 maint: numeric names: authors list (link)
^ abHochtief investor relations website. Retrieved 16 February 2006
^Corporate Portrait Archived 27 September 2007 at the Wayback Machine, Hochtief website. Retrieved 16 February 2006
^[1] Archived 22 March 2012 at the Wayback Machine, Hochtief annual report website. Retrieved 5 April 2010
^The rescue of Abu Simbel, 1963-1968, Hochtief website. Retrieved 16 February 2006
^System leadership and the public-private partnership from 1990 onwards, Page 2/5, Hochtief history website. Retrieved 16 February 2006
^From the master-builder to the construction corporation (1966-1989), Page 2/3, Hochtief history website. Retrieved 16 February 2006
^Sponsoring: Close links with the Bauhaus, Hochtief website. Retrieved 16 February 2006
^Zollverein coal mine in Essen, 1929-1931, Hochtief history website. Retrieved 16 February 2006; further information Archived 27 December 2005 at the Wayback Machine on http://www.worldheritagesite.org/ accessed 16 February 2006
^The Kadinsky-Klee House, Hochtief website. Retrieved 16 February 2005; Restoration, Hochtief website. Retrieved 16 February 2006; Bauhaus and its sites Archived 30 August 2006 at the Wayback Machine, http://www.worldheritagesite.org/. Retrieved 16 February 2006
^Politicization of the construction industry (1933-1945), Page 4/4, Hochtief history website. Retrieved 16 February 2006
^Politicization of the construction industry (1933-1945), Page 3/4, Hochtief history website. Retrieved 16 February 2006
^Bosphorus Bridge in Turkey, 1970-1974, Hochtief history website. Retrieved 16 February 2006
^From the master-builder to the construction corporation (1966-1989), Page 3/3, Hochtief history website. Retrieved 16 February 2006
^Exhibition center tower in Frankfurt am Main, 1988-1991, Hochtief history website. Retrieved 16 February 2005; Messe Tower at Structurae
^Commerzbank in Frankfurt am Main, 1994-1996, Hochtief website. Retrieved 16 February 2006; Commerzbank Tower at Structurae
^Bafin press release Archived 28 September 2011 at the Wayback Machine, Bafin website. Retrieved 5 April 2011
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company was founded in 1997 as Hochtief AirPort, a subsidiary of the international construction service provider Hochtief. Since 27 September 2013, the...
Hochtief Concessions GmbH is a German business, fully owned subsidiary of the Hochtief Group and is responsible for the development and implementation...
with presence in 20 countries. It is a subsidiary of the German company Hochtief. It is the largest domestic contractor in the United States as of 2020...
led by HOCHTIEF AirPort (HTA) formally closed and completed the transaction of the sale of BAA's shares in Budapest Airport (BA) to the HOCHTIEF AirPort...
it to Gas Natural in 2008, and in 2011, Grupo ACS raised its stake in Hochtief to 50.16%, effectively acquiring the company. In July 2022, the company...
the Murray & Roberts construction company. The tunnel was constructed by Hochtief and Concor. Currently the tunnel carries one lane of traffic in each direction...
Leighton Holdings, purchased Thiess Contractors, with its major shareholder, Hochtief, becoming a shareholder in Leighton Holdings. In April 1997, the Welded...
bidding consortia emerging as serious contenders. One was led by Hochtief through its Hochtief Airport subsidiary and included ABB, Fraport and Bankengesellschaft...
uniquely designed facility. In July 2014, German construction company Hochtief won the bid for the airport expansion which aims at increasing its capacity...
work was carried out by Sundlink Contractors, a consortium of Skanska, Hochtief, Højgaard & Schultz (which built the West Bridge) and Monberg & Thorsen...
2007, for the Reserve Force. In May 2013, German construction company Hochtief sold its airports division (renamed AviAlliance) to PSP Investments for...
corporation Atlantia and Spanish firm ACS Group and the German company Hochtief. In April 2003, Acesa Infraestructures, a business founded in 1967 as Autopistas...
Group (5%) and PSP Investments of Canada (40%), following purchase of Hochtief's shares. The airport was constructed to replace the now-closed Athens (Ellinikon)...
Government to end its monopoly on international flights from Albania, Hochtief AirPort sold the operation of TIA to China Everbright Limited. However...
Holding GmbH (BBF) was founded on 2 May 1991. In a privatisation attempt, Hochtief was considered a suitable future owner and operator of the proposed airport...
The Latsis commercial empire has been closely involved with German firm Hochtief in both constructing and managing Spata airport. Through Hellenic Petroleum...
largest German construction companies have offices, e.g., Bilfinger Berger, Hochtief, Züblin and BAM Deutschland. Frankfurt has Germany's highest concentration...
Rand. By the early 2000s, the German international construction group Hochtief owned just under 50% of Concors shares providing the company with the benefits...
warehouse, in the presence of then First Mayor of Hamburg Ole von Beust, Hochtief Construction AG CEO Henner Mahlstedt, the project coordinator for the City...
started to be built at Okęcie. The main contractor was the German company Hochtief, and the work involved some 164 subcontractors, of which 121 were Polish...
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the co-contractors Cleveland Bridge & Engineering Company (England) and Hochtief AG (Germany). The bridge was completed on 30 October 1973, one day after...