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Hochtief continues European reorganisation

10 Jan 14 Hochtief has taken the next step in reorganising its operations to focus on its core business of construction.

Four operating companies have been set up to bring the company closer to customers and to the market in a move designed to create lean, flexible structures and more efficient processes.

The building, infrastructure and engineering business segments within Hochtief Solutions AG are now working as independent companies, each one set up as a GmbH – a German limited liability company. The new companies, along with the existing Hochtief PPP Solutions, will form the basis for the European division.

There is an emphasis on lean, flexible organisational structures, efficient processes and short decision-making cycles to hone the competitive edge of the individual companies in the future. The clear responsibility of a single general manager in each operational unit also means an increase in entrepreneurship, according to the company. "We want to be closer to our customers and to the market,” said Hochtief CEO Marcelino Fernández Verdes. “With this new structure, we combine the advantages of a strong small-and-medium-enterprises-oriented business approach optimally with the service spectrum of an internationally experienced construction group."

The new Hochtief Building company bundles the building construction business in Germany. The branches in the big cities will expand their market presence into the regions so that they can better meet customer needs there. Cooperation and exchange of ideas between the branches will be further increased.

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The strengthening of country units in Europe and selected regions throughout the world, such as South America and the Middle East, is a core element of the new orientation of Hochtief Infrastructure. Each country unit will offer the entire spectrum of services in traffic and energy infrastructure. A technical centre will enable experts with special expertise and project teams involving multiple branches to work together and support the individual units in their projects.

In Hochtief Engineering, Hochtief combines its abilities in planning, technical advice, design management and building information modelling.

The integration of financing, planning, construction and operation will continue to be among Hochtief‘s core business and will be expanded with Hochtief PPP Solutions.

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