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Hochtief AG is a global provider of infrastructure technology and construction services, with locations in North America, Australia, and Europe.
In September 2022, Atlantia sold its 14.46% stake in Hochtief to ACS Group in exchange for 577.8 million euros ($576.9 million). [ 28 ] In July 2022, the company was fined €57.1 million, along with five other contractors, by the Comisión Nacional de los Mercados y la Competencia (CNMC) for bidding collusion in public tenders for building and ...
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.
By March 2014, Spanish company ACS Group, through its acquisition of a majority shareholding in Hochtief, was the majority owner of Leighton Holdings. [12] In June 2014, Verdes also became chairman of Leighton's executive board.
AviAlliance [1] is an airport management company headquartered in Düsseldorf, Germany. [2] The company was founded in 1997 as Hochtief AirPort, a subsidiary of the international construction service provider Hochtief.
In May 2013, Hochtief sold its 40% stakes of AIA to Canada's Public Sector Pension Investment Board (PSP Investments) for 1.1 billion euros. [11] [17] In February 2014, a Chinese consortium consisting of FPAM and the Shenzhen Airport company expressed its intention to buy the 55% shares held by the Greek government. [18] [19]
Hochtief completed the contract two months early, [25] and the station had been generating power since January 2009 [26] when a formal opening of the scheme took place on 29 June 2009, at which Queen Elizabeth accompanied by Prince Philip, Duke of Edinburgh officiated. [13] The power station is operated remotely from SSE's control centre in ...
28. Hochtief: Hochtief sells airports business to Canadian pension fund manager. May 7, 2013, retrieved August 22, 2013 (HTML, German). 29. Hochtief: Hochtief sells Service business line to Spie. June 28, 2010, retrieved August 27, 2013. 30. Hochtief: Hochtief sells its stake in real estate company aurelis (PDF), Hochtief Aktiengesellschaft.