Hochtief Concessions
TypeGmbH
IndustryInfrastructure investor and operator
FoundedJune 15, 2008
HeadquartersEssen, Germany
Area served
Global
Key people
  • CEO: Henner Mahlstedt
  • CFO: Michael Tönnesmann
Revenue€24bn (2014)[1]
€250m (2014)[1]
Number of employees
219 (average for 2008, status: Dec. 12, 2008)[2]
ParentHochtief
Websitehochtief-concessions.com

Hochtief Concessions GmbH is a German business, fully owned subsidiary of the Hochtief Group and is responsible for the development and implementation of concessions and operator projects.[3] Its business areas include airports, roads, social infrastructure/public-sector building construction and further public-private partnership (PPP) projects handled together with subsidiaries AviAlliance and Hochtief PPP Solutions.[4]

Portfolio

The company's portfolio has a total value of about EUR 1.5 billion and currently comprises 89 schools, two city halls, a service center, a military base, two geothermal energy projects, seven roads, six airport holdings as well as two investment partnerships.[4]

Investment partnerships

Investment partnerships are in place with Hochtief AirPort Capital GmbH & Co. KGaA and Hochtief PPP Schools Capital Ltd. as well as with subsidiary Hochtief AirPort Retail SH.P.K. Via Hochtief AirPort, the company also has a 100 percent interest in Transport and Logistics Consultancy Ltd. from the UK.[5]

Facts and figures

The company was founded in 2008 and has its registered offices in Essen. Pre-tax earnings in 2008 amounted to EUR 109.6 million, of which EUR 96.5 million from Hochtief AirPort and EUR 13.1 million from Hochtief PPP Solutions. The portfolio value totaled EUR 1,544.1 billion, with airports accounting for EUR 1,245.6, roads for EUR 208.3 and social infrastructure projects for EUR 53.0.[2]

References

  1. 1 2 Lynch, John. "A phoenix that rose from Europe's post-war ashes". The Irish Independent. Retrieved 13 April 2015.
  2. 1 2 "Facts and Figures". Hochtief. Archived from the original on 8 November 2009. Retrieved 29 September 2009.
  3. ↑ "Company Overview of HOCHTIEF Concessions AG". Bloomberg. Retrieved 13 April 2015.
  4. 1 2 "HOCHTIEF Concessions". Hochtief. Archived from the original on 26 October 2009. Retrieved 29 September 2009.
  5. ↑ "Investment Partnerships and Subsidiaries". Hochtief. Archived from the original on 9 November 2009. Retrieved 29 September 2009.
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