Hochtief - statistics & facts

Hochtief is Germany’s largest and most prominent construction company, as well as the one of the most requested construction companies in the world, with approximately 52 billion euros euros in its order backlog in 2021. In 2010, it came under the control of the Spanish construction group Grupo ACS and in 2013, ACS acquired over 50 percent of the company’s shares. In 2021, Hochtief reported a revenue of over 21 billion euros, outperforming companies such as Sweden’s Skanska and UK-based Balfour Beatty.

The US and Australia represent the biggest markets for Hochtief

The firm’s revenue originates from all over the world. However, the United States and Australia constitute the biggest share of its revenue. In the United States, Hochtief is one of the largest general construction companies under its Turner subsidiary. The CIMIC Group generates the majority of Hochtief's revenue in Australia. Despite its profitable years, Hochtief's international employment has decreased since it peaked in 2012 at nearly 80,600 employees to less than 34,000 employees in 2021. Despite the downward trend of those figures, the value of the work done by this company has remained relatively stable since 2013. Between 24 and 25 billion euros worth of construction work were completed during the biggest part of the last decade, even though there was a peak of nearly 30 billion euros in 2012.

Hochtief has a solid global presence

The German construction company has been involved in high-profile projects in Germany such as the construction of Commerzbank Tower in Frankfurt and New Elbe Tunnel in Hamburg. The company has also been involved in the construction of Bosporus Bridge in Turkey and various airports worldwide. Furthermore, the company is involved in green building projects all over the world. In 2021, Hochtief was involved in about 703 green building certified projects in the Americas alone. Hochtief invests significantly in research and development projects and it also contributes to rewards for innovation in the building and infrastructure construction market. Due to the pandemic, the value of orders the Hochtief Group received in 2020 was significantly smaller than in the previous years, amounting to roughly 23 billion euros. However, the value of new orders reached again pre-pandemic figures in 2021.
This text provides general information. Statista assumes no liability for the information given being complete or correct. Due to varying update cycles, statistics can display more up-to-date data than referenced in the text.
Published by Statista Research Department, Jun 17, 2022

Key insights

Hochtief's sales revenue
26.2bn EUR
Number of Hochtief employees
36,858
Hochtief's EBIT
841m EUR
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