Hochtief AG Stock

Description Hochtief

Hochtief is a German company that operates in the construction industry. Established in 1875, the company has operations in Europe, Asia, Australia, Africa, and the Americas. Hochtief provides a wide range of services including construction management, engineering, feasibility studies, and project financing.

Hochtief is primarily focused on construction and infrastructure projects, such as airports, tunnels, bridges, and power plants. They are also involved in the construction of commercial, residential, and industrial buildings. Hochtief has a diverse client base that includes governments, public institutions, and private customers.

The company is listed on the Frankfurt Stock Exchange and has a market capitalization of around 9 billion euros as of September 2021. The largest shareholder is the Spanish infrastructure group, ACS, which owns around 71% of the company's shares. Hochtief employs over 50,000 people worldwide and reported a revenue of 24.5 billion euros in 2020.

Competitors of Hochtief

Hochtief is a German construction company and its main competitors are other large construction and engineering companies, both in Germany and internationally. Some of the most important competitors of Hochtief are:

1. Bouygues: A French construction company with a strong presence in Europe, North Africa, and Asia-Pacific.

2. Vinci: Another French construction and engineering company that operates worldwide and specializes in complex projects.

3. ACS: A Spanish conglomerate with a significant presence in construction, engineering, and infrastructure projects.

4. Bechtel: An American construction company that operates in more than 160 countries and is known for large-scale projects in the energy, transportation, and defense sectors.

5. Skanska: A Swedish construction company that has a strong presence in Europe and North America and specializes in green construction and sustainability.

6. China State Construction Engineering Corporation: A Chinese construction and engineering company that is the largest construction contractor in the world, with operations in more than 100 countries.

These companies compete with Hochtief both in terms of project bids and overall market share, and their performance and market movements can impact Hochtief's performance as well.

Suppliers of Hochtief

Hochtief is a leading construction company based in Germany that operates on an international scale. The company operates in a variety of segments, including engineering and construction, infrastructure development, and facility management. As a result of its diversified operations, the company's most important suppliers are spread across a range of industries, including:

1. Raw Materials Suppliers - Hochtief sources a variety of raw materials for its construction projects, including cement, steel, and other materials. The company's most important raw material suppliers are likely to be large international companies that can provide reliable, high-quality inputs at competitive prices.

2. Equipment Manufacturers - Hochtief requires a wide range of specialized equipment and machinery to carry out its projects, from cranes and excavators to trucks and power generators. The company's most important equipment suppliers are likely to be large international manufacturers such as Caterpillar, Komatsu, and Liebherr.

3. Service Providers - In addition to raw materials and equipment, Hochtief also relies on a variety of service providers to carry out its operations. These may include consulting firms, logistics companies, and other service providers that help the company manage its operations and supply chain.

Overall, Hochtief's most important suppliers are likely to be large, established companies with a strong track record of providing high-quality inputs and services at competitive prices.