HOCHTIEF's divisions work together: Networking
creates value added
Our services span the entire life cycle of infrastructure
projects, real estate and facilities. To this end, we network
our offerings and pool our services: The HOCHTIEF companies
work in close cooperation with each other to offer
our clients the best possible, customized solutions.
The experience we gain through our projects around the
globe is a key element of knowledge transfer at HOCHTIEF.
Our clients can be sure that our services are always provided
based on our companies' latest findings.
As profit centers, all of the Group's divisions and companies
are part of the HOCHTIEF network. They collaborate
wherever possible and desired by the client. This boosts
sales and earnings and our clients, shareholders and
employees benefit.
Examples of cooperation within the Group
HOCHTIEF PPP Solutions offers its services in collaboration
with its sister companies HOCHTIEF Construction and
HOCHTIEF Facility Management. HOCHTIEF Construction,
for instance, is a construction partner on a number of public-
private partnership (PPP) projects, for example, for implementing
toll road projects in Greece, Austria and Germany.
HOCHTIEF Construction is also responsible for new
construction and refurbishment in school projects which
HOCHTIEF has taken on for public authorities in Germany.
Management of the schools is assumed by HOCHTIEF
Facility
Management in Germany as well as in Ireland and
the UK. Last but not least, the three companies are also
collaborating on the first German PPP building construction
project in the defense sector, the Fürst Wrede barracks
in Munich. The HOCHTIEF Concessions and HOCHTIEF
Europe divisions jointly realize projects with a contract volume
of around EUR 1.4 billion. The Services division handles
additional cooperation projects worth some EUR 500 million.
The companies of the HOCHTIEF Real Estate division
HOCHTIEF Projektentwicklung, aurelis Real Estate and
HOCHTIEF Property Management also work closely
together.
By way of example, in 2008, aurelis awarded
HOCHTIEF Property Management a contract to manage
the company's properties. The units are also closely networked
with the sister companies from the service sector,
HOCHTIEF Facility
Management and HOCHTIEF Energy
Management. For instance, HOCHTIEF Facility Management
provides corresponding services for real estate developed
by HOCHTIEF Projektentwicklung, such as the
WestendDuo in Frankfurt and the Rondo office tower in
Warsaw.
The HOCHTIEF Consult competence center, which is part
of the HOCHTIEF Europe division, has specialist technical
expertise and is involved in major projects within the Group.
In 2008, HOCHTIEF Consult advised our units on building
construction projects in the United Arab Emirates and assisted
HOCHTIEF AirPort in preparing tenders for international
airports.
Internal cooperation is also well established internationally:
Together with Flatiron, the civil engineering company acquired
by HOCHTIEF in 2007, Turner is handling the modernization
of Sacramento International Airport. HOCHTIEF's
US companies also aim to join forces on the market in
future when projects require both building construction and
civil engineering services. Cooperation also began with
HOCHTIEF PPP Solutions in the year under review. For
instance, the US unit of HOCHTIEF PPP Solutions has
already been involved with Flatiron in invitations to tender
for toll road projects. Collaboration with Turner is similarly
underway on PPP building construction projects.
Also in the area of sustainable construction, our portfolio
is comprehensive: With HOCHTIEF Projektentwicklung,
HOCHTIEF Construction, HOCHTIEF Facility Management
and HOCHTIEF Energy Management, as well as the services
provided by HOCHTIEF Consult, we offer our clients
the entire spectrum of expertise to build "green" buildings
or implement measures to improve energy efficiency.