The Top 225 International Contractors The Top 225 Global Contractors 2005 Rankings by 2004 Revenue August 22-29, 2005 ENR's Top 225 International Contractors is a comprehensive package of data and analysis. It contains the rankings by 2004 revenue of the Top 225 International Contractors based on non-home country revenue. The overview story and list is accompanied by tables showing what countries' contractors are dominating each region of the world. The Top 225 Global Contractors contains rankings by 2004 revenue of the Top 225 largest contractors based on both home country and non-home country revenue. Contents
1. Main overview and analysis story. 2. The Top 225 International Contractors List 3. The Top 225 Global Contractors List
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Top 225 Overview By Peter Reina and Gary J. Tulacz
The Top 225
International Contractors
T
Size Counts in Growing Market
The big definitely are getting bigger in the international construction market. As infrastructure needs become more demanding around the globe, many top international contractors have expanded their roles to include developing and financing projects.
Increasing demands by public clients have led international contractors to become not just entities that build the project, but ones that will develop, plan and finance it, as well. This trend has aided an expanding market, but it also means that newer or smaller international firms will have to scramble to grow. Overall, the international market continues to grow. ENR’s Top 225 International Contractors had combined revenue of $167.49 billion from projects outside their home countries in 2004, up 19.8% over $139.82 billion in 2003.
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While work seems to be plentiful, many contractors do not see a strong move in the market. Globally, business is “pretty much unchanged from last year,” says Carlos Möller, head of international work at Germany’s Bilfinger Berger Bau. Very large projects “are quite scarce [but] I don’t think you can define a trend,” he says. Potentially boosting business, international funding agencies are shedding their former distaste for large projects, says Philippe Ratynski, chairman of France’s Vinci Construction. “In the last two years, [funding] is coming back to infrastructure,” he says.
Ian Tyler, CEO of the U.K.’s Balfour Beatty Construction Ltd. reports “a lot of innovation” in procurement, particularly in the U.K. public sector. He welcomes the more early inclusion of contractors in projects there, “and we are seeing it also in a few other places in Europe.” One reason for the market growth is the growing interest in build-operate-transfer (BOT) projects around the world, says Simon Hipperson, president of Sweden’s Skanska BOT. The U.K. still leads this sector, but there is strong interest globally, notably in Eastern Europe. In the U.S., the market is “very, very rapidly emerging,” he adds. The size and growing financial strength of a few large contractors has many international contractors concerned about being shut out of projects by behemoths that use their financial clout to secure BOT work.
Canada
Middle East
Europe
Total Revenue: $5.0 billion
+4.2%
Total Revenue: $60.3 billion
% OF TOTAL
$ MILLION
FIRMS COUNTRY
U.S.
70.0
3,470.9
8
3
FRANCE
18.5
916.0
26
4
SPAIN
7.1
353.4
1
AUSTRIA
1
U.K.
1.5
72.0
1
1
NORWAY
1.3
65.9
1
SWEDEN
0.9
45.5
5
OTHER
0.7
33.4
70
FIRMS COUNTRY
21
For example, some U.S. contractors looked with concern when a consortium led by Spain’s CINTRA and Ferrovial won the right to develop a 316-mile portion of the Trans-Texas Corridor highway project. Such financial/construction consortia have become more common in recent years, and some firms are concerned. “Big construction companies are becoming bigger and even oversized and supported by the financial consortiums,” says Lin Rongxin, president of China Civil Engineering Construction Corp. “Monopolization has strengthened in the international construction market in recent years.” This trend has caused consternation for international contractors that are not prepared to bring deep pockets into the fray. “Southeast Asia is our most disappointing market,” says Vishwanath Banavali, deputy general manager for Hindustan Construction Co. He says his firm can bring high levels of expertise and competitive prices. But he says it is being shut out of some top jobs in the region that are being let “mostly on BOT.” Managing in Hot Markets
Like many large international firms, Germany’s Hochtief is focusing on mature markets, the U.S. and Australia in particular. Its goal is “flatter cyclical fluctuations, lower risk and steadier cash flow, which display significant growth while achieving high margins over the long term and tying up less capital,” says Chairman HansPeter Keitel.
+29.2%
Total Revenue: $25.4 billion FIRMS COUNTRY
$ MILLION
46.7
11,873.9
JAPAN
9.8
2,486.7
ITALY
7.8
1,970.3
7
FRANCE
6.8
1,738.6
4,619.0
1
GREECE
6.5
1,650.1
3,974.9
29
CHINA
4.1
1,034.1
16,573.3
48
OTHER
18.3
4,661.7
$ MILLION
FRANCE
23.2
13,966.7
20
U.S.
U.S.
16.3
9,850.7
11
9.7
5,833.6
8
SWEDEN
9.0
5,447.6
2
NETHERLANDS
7.7
5
U.K.
6.6 27.5
OTHER
Africa
Asia Total Revenue: $30.5 billion FIRMS COUNTRY
18
+54.8%
% OF TOTAL
% OF TOTAL
+16.7%
Total Revenue: $14.3 billion FIRMS COUNTRY
% OF TOTAL
$ MILLION
JAPAN
24.2
7,384.5
8
+12.9%
% OF TOTAL
$ MILLION
FRANCE
24.7
3,527.4
GERMANY
23.6
7,188.4
39
CHINA
14.7
2,106.8
43
CHINA
16.8
5,112.8
19
U.S.
13.8
1,976.6
27
U.S
8.8
2,677.1
9
ITALY
9.1
1,294.1
6
FRANCE
5.7
1,741.3
9
JAPAN
5.4
778.0
4
U.K.
5.1
1,556.4
4
GERMANY
5.0
715.1
15.8
4,804.8
44
27.2
3,885.7
5
44
OTHER
Some firms have used the growing market to retool themselves and to regain their momentum. “We managed to recover from our severe financial difficulties in early 2000 with debt-equity swap and over-all restructuring of the company,” says Dong-Jin Yeo, executive vice president of international business at Korea’s Hyundai Engineering & Construction Co. “Since 2002, our financial situation has rapidly improved.” The firm also has improved its credit rating. “With our financial health improving, we expect to be more competitive in the global market,” he says. Japan’s Kajima Corp., on the other hand, has sharpened its focus by splitting its international division in two, says Masafumi Fukuyama, general manager of the overseas subsidiaries management division. The division will “strategically manage our overseas subsidiaries’ operations by analyzing international market trends and allocating our human resources to where the market is strong,” he says. The international
OTHER
Latin America/Caribbean Total Revenue: $9.1 billion FIRMS COUNTRY
35
-1.7% % OF TOTAL
$ MILLION
2,444.5
U.S.
27.0
7
SPAIN
26.0
2,352.3
7
ITALY
17.3
1,562.3
3
BRAZIL
9.2
835.4
5
FRANCE
9.0
810.7
1
SWEDEN
2.6
232.6
OTHER
9.0
815.9
38
U.S.A. Total Revenue: $22.8 billion FIRMS COUNTRY
+0.0%
% OF TOTAL
$ MILLION
7,295.6
4
GERMANY
32.0
1
SWEDEN
23.9
5,437.8
4
U.K.
14.5
3,299.0
5
FRANCE
13.0
2,968.0
12
JAPAN
7.4
1,697.0
1 25
NORWAY
1.7
380.1
OTHER
7.5
1,717.9
division will focus on larger infrastructure projects that may be beyond the scope of local subsidiaries. Looking geographically, “the Asian market is a little bit more diffienr.com August 22/29, 2005
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Top 225 Overview cult,” says Möller. “There are no signs of large projects despite economic recovery.” France’s Bouygues, however, is building a privately financed bridge in South Korea and is looking at a similar prospect at Pusan, according to Michel Cote, Bouygues Construction’s deputy CEO. And Bouygues is preferred bidder for a port contract there. Ratynski still sees “good opportunities” in China and is bidding for civil work on a nuclear plant. But conditions are “getting more and more difficult,” says Cote. “They [propose] much more severe constraints for contractors. There are very limited projects.” Partly because of competition, China “is not really an obvious area
for people to make their fortunes,” says Tyler. “We are looking at China very, very carefully. It’s a high-risk market,” he adds. For building and infrastructure work, Hong Kong is “rather depressed,” he says. Australian infrastructure, however, is booming, accounting for about 25% of Bilfinger Berger’s sales. Möller sees transportation infrastructure demand continuing for two to three years. He notes that Bilfinger Berger and Hochtief, between them, own five major subsidiaries in Australia and these firms are doing about half the major projects down under. This has caused other major international contractors difficulties in entering the Australian market. For example, Bouygues is struggling to
get a toehold, says Cote. Middle East Gusher
The recent spike in oil prices has fueled a major construction boom in the Middle East. “Current oil prices are generating fantastic profits and liquidity that are reinvested in the region in the form of infrastructure, tourism and other projects,” says Wassim Merhebi, director of Lebanonbased Arabian Construction Co. This has caused firms to scramble to find qualified people in the region. “The cycle time is moving so fast that training new personnel has become a luxury one cannot afford,” he says. Much of the work is powered by the petroleum market. “Currently, more opportunities lie in countries
The 2005 Top 225 at a Glance Market Analysis
Volume DOMESTIC $ BIL. % CHG.
INTERNATIONAL $ BIL. % CHG.
TOTAL $ BIL. % CHG.
TYPE OF WORK
REVENUE $ MIL.
PERCENT OF TOTAL
REVENUE
334.8 +13.4
167.5 +19.8
502.3 +15.5
BUILDING
41,565.7
24.8
NEW CONTRACTS
343.9 +10.4
166.4 +22.8
510.3 +14.1
MANUFACTURING
5,028.3
3.0
INDUSTRIAL
8,902.9
5.3
PETROLEUM
30,679.2
18.3
WATER
4,188.4
2.5
SEWER/WASTE
3,400.2
2.0
44,042.9
26.3
668.3
0.4
10,130.2
6.0
Profitability NUMBER OF FIRMS REPORTING PROFIT LOSS
AVERAGE % OF PROFIT LOSS
TRANSPORTATION
DOMESTIC
124
30
5.5
NA
HAZARDOUS WASTE
INTERNATIONAL
152
15
7.6
NA
POWER TELECOMMUNICATIONS OTHER
Professional Staff NUMBER OF FIRMS REPORTING DOMESTIC INT’L
INCREASE
86
74
DECREASE
31
SAME
80
AVERAGE % OF DOMESTIC INT’L
14.7
17.2
22
7.3
14.8
75
NA
NA
Backlog NUMBER OF FIRMS REPORTING
AVERAGE %
HIGHER
130
38.7
LOWER
132
16.6
SAME
36
NA
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1.2
16,928.8
10.1
International Regions NUMBER OF FIRMS
REVENUE $ MIL.
PERCENT OF TOTAL
CANADA
37
4,962.6
3.0
U.S.
52
22,795.4
13.6
LATIN AMERICA
80
7,399.0
4.4
CARIBBEAN ISLANDS
40
1,654.6
1.0
EUROPE
114
60,265.9
36.2
MIDDLE EAST
123
25,415.4
15.2
ASIA/AUSTRALIA
146
30,465.3
18.2
NORTH AFRICA
93
7,061.9
4.2
SOUTH/CENTRAL AFRICA
90
7,221.9
4.3
5
244.6
0.1
UNALLOCATED/OTHER NA=NOT AVAILABLE
1,951.6
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Top 225 Overview like Saudi Arabia, Kuwait, U.A.E. and Libya,” says Yeo of Hyundai E&C. His firm has been working on the South Pars Gas Field Development in Iran since March 1999 and most recently completed phases 4 and 5 of the project, a $1.6-billion on-shore gas plant, in record time, he notes. Hyundai is one of many large contractors finding huge projects in the Middle East. Athens-based Consolidated Contractors International is working in a joint venture with Technip and Chiyoda on the QATARGAS Super Trains in Qatar, consisting of two trains, each with a capacity of 7.8 million metric tons/year, notes Samer Khoury, executive vice president. The firm “is focusing 70% on the oil and gas sector,” he says. “With this price level, the oil companies will invest billions in the years to come both in the upstream/downstream projects.” In the Middle East, Dubai stands out. “The amount of construction just defies belief,” says Tyler. And Qatar “is going to be a booming market for the next few years,” he adds. But competition is tough, says Cote. For example, a Turkish-Japanese team recently undercut a European bid for the $3.5 billion Dubai metro by several hundred million dollars, he notes. The Dubai metro project is one of Kajima’s biggest recent projects, says
Fukuyama. It involves the final design and construction of a 69-km metro light rail line. The project was awarded May 29 to a consortium including Japan’s Mitsubishi, Obayashi Corp., Kajima and Turkey’s Yapi Merkezi. African Adventures
In Africa, it’s “business as usual,” says Cote. But, unusually, Bouygues won over $700 million of work through its successful bid for the continent’s first high-speed railroad in South Africa. Promises for more African international aid “could help” contractors, says Cote. But Bilfinger’s Möller is doubtful. He is steering the firm increasingly into the African private sector, notably in oil and gas. Vinci’s local units are reporting nearly $400 million in African sales. But Ratynski complains of uneven competition, particularly from Chinese contractors. Established firms apply higher environmental and safety criteria and employ more local people, he claims. “When you work with a Chinese company, all the staff are Chinese...and so are the workers,” he adds. Chinese firms disagree with this assessment. China Civil Engineering Construction Corp. is moving toward more localized participation, particularly in the African market, says Lin. “Our principle is to [utilize] localized management and transform our company from a foreign compa-
ny to a local company of the host country,” he says. Lin says the influx of oil revenue into Nigeria has loosened up that market, allowing for increased public spending. But many firms worry that the market now is being flooded with new competitors. To Turkey’s Gama, the biggest concern is “hard competition, presence of inexperienced companies in the market, pressure to use local labor, corruption and lately Chinese companies entering the market with low prices,” says Mehmet Artun, the firm’s deputy chairman. He says Gama has been using its expe-rience to win work, but now is working on its engineering capability to be able to provide full engineering-procurement-construction services, “especially for the projects in power and cement industries.” Moving East
In Europe, emerging eastern markets offer substantial growth prospects, often at the expense of Western Europe work. Many Western European markets “have been disappointing because Japanese manufacturers are shifting their production bases from the Western Europe to Central and Eastern Europe,” says Fukuyama of Kajima. He sees this as part of a general trend among manufacturing clients. “More Japanese and international companies will be building manufacturing facilities abroad where
How the Top International Contractors Shared the 2004 Market CONTRACTOR NATIONALITY
NUMBER OF FIRMS
AMERICAN CANADIAN EUROPEAN British German French Italian Dutch Spanish Other JAPANESE CHINESE KOREAN TURKISH ALL OTHERS ALL FIRMS
55 4 56 5 6 8 12 2 7 16 18 49 8 14 21 225
INT’L BILLINGS $ MIL. %
32,299.2 19.3 294.3 0.2 99,672.4 59.6 10,015.4 6.0 18,599.4 11.1 25,668.8 15.3 6,682.4 4.0 4,983.0 3.0 8,742.7 5.2 24,980.8 14.9 14,555.1 8.7 8,829.1 5.3 3,076.2 1.8 2,178.1 1.3 6,337.4 3.8 167,241.9 100.0
MIDDLE EAST $ MIL. %
11,873.9 46.7 27.9 0.1 7,224.3 28.4 691.0 2.7 199.7 0.8 1,738.6 6.8 1,970.3 7.8 0.0 0.0 381.9 1.5 2,243.0 8.8 2,486.7 9.8 1,034.1 4.1 911.1 3.6 456.7 1.8 1,400.6 5.5 25,415.4 100.0
ASIA $ MIL.
%
2,677.1 8.8 25.5 0.1 11,644.5 38.2 1,556.4 5.1 7,188.4 23.6 1,741.3 5.7 317.6 1.0 0.0 0.0 138.0 0.5 702.8 2.3 7,384.5 24.2 5,112.8 16.8 1,454.8 4.8 527.1 1.7 1,639.0 5.4 30,465.3 100.0
AFRICA $ MIL. %
1,976.6 13.8 0.5 0.0 7,129.5 49.9 406.2 2.8 715.1 5.0 3,527.4 24.7 1,294.1 9.1 2.0 0.0 347.9 2.4 836.8 5.9 778.0 5.4 2,106.8 14.7 643.3 4.5 284.6 2.0 1,364.5 9.6 14,283.8 100.0
EXCLUDING ANTARCTIC/ARCTIC; NA = NOT APPLICABLE; UNALLOCATED CONTRACTING REVENUE BY REGIONS - $216.0 MIL.
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EUROPE $ MIL. %
U.S. $ MIL.
9,850.7 16.3 NA 17.4 0.0 223.0 46,375.7 77.0 20,461.0 3,974.9 6.6 3,299.0 2,969.9 4.9 7,295.6 13,966.7 23.2 2,968.0 1,220.5 2.0 317.7 4,619.0 7.7 358.0 4,937.1 8.2 232.1 14,687.5 24.4 5,990.7 2,023.7 3.4 1,697.0 255.2 0.4 174.4 27.1 0.0 19.6 909.8 1.5 0.0 806.3 1.3 220.4 60,265.9 100.0 22,795.4
%
CANADA $ MIL. %
NA 1.0 89.8 14.5 32.0 13.0 1.4 1.6 1.0 26.3 7.4 0.8 0.1 0.0 1.0 100.0
3,476.4 70.1 NA NA 1,483.8 29.9 72.0 1.5 27.1 0.5 916.0 18.5 0.0 0.0 4.0 0.1 353.4 7.1 111.4 2.2 1.4 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.9 0.0 4,962.6 100.0
LATIN AM./CARIB. $ MIL. %
2,444.5 0.0 5,353.6 16.0 203.7 810.7 1,562.3 0.0 2,352.3 408.6 183.8 145.8 20.3 0.0 905.7 9,053.6
27.0 0.0 59.1 0.2 2.2 9.0 17.3 0.0 26.0 4.5 2.0 1.6 0.2 0.0 10.0 100.0
they can find operational advantages, such as inexpensive labor cost,” he says. For some contractors working in Europe, the move east has had its benefits. “We doubled our size in two years,” says Ratynski. Vinci is focusing on Poland, Hungary and the Czech Republic, and is bidding in Russia. Russia increasingly is looked at as a major market for many contractors. “Due to growing and stabilizing dynamic economy, there is more international business flow to this country every year,” says Taner Soyak, general director of Turkey’s Soyak Construction. The firm has worked in Russia for 10 years for such international clients as Coca-Cola, Pepsi, Nestle, Kraft-Jacobs, and Michelin, and Soyak sees no slowdown in the market. In Poland, Skanska sees large infrastructure needs and growing EU investment fueling opportunities. A Skanska team has become the preferred bidder for a Polish toll road. And in the Czech Republic,
the firm’s sales, at about $1 billion, grew 50% in the year to this March, says chief spokesman Peter Gimbe. For Turkey’s Enka, its biggest project is another major Eastern European highway. “We are undertaking the Romanian Motorway with a $2.5-billion contract,” in a joint venture with Bechtel, says Fikret Guler, board member. The 415km, four-lane highway has been called the biggest highway project in Europe. It is planned to be finished in 2012. Further west, “a little bit to our surprise, a lot of opportunities have shown up in our neighboring countries,” notes Möller. “We see more...opportunities in Europe than we have seen in past years.” In the U.K., publicly financed building projects are buoying construction, although infrastructure work is less abundant, says Tyler. But with U.K. contractors chasing volume rather than margins, “it’s difficult to make money,”
says Ratynski. Nevertheless, the U.K. “is the only open market in Europe.” And European contractors are puzzled by the workings of the Italian market. Bouygues, for example, tried to bid for the huge Messina Straits bridge this year, but pulled out. The scope of the contract was too big and the design risks excessive, says Cote. “I decided it was impossible,” he explains. France, meanwhile, “is very good,” Cote says. Residential building is booming, although infrastructure work is “less good.” However, Bouygues this year signed a $750million toll road contract and is bidding to work on a planned nuclear powerplant at Flamanville. Following the 2002 collapse of Germany’s Phillip Holzmann AG, Walter Bau AG folded this year in the chronically depressed domestic market. But it is “possible to build successfully in Germany, as long as one refrains from entering what we consider to be a totally nonsensical price war,” says Hochtief’s Keitel. 䡵
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Top 225
The Top International Contractors
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The international contracting market is providing widespread prosperity for contractors from around the world. Overall, the ENR Top 225 International Contractors, which are based in 39 different countries, saw their collective revenue from projects outside their home countries rise 19.8% in 2004, to $167.5 billion. New contract volume, a sign of future trends, was up 22.8%, to $166.5 billion in 2004. And the good news was well shared. Of the 193 firms that were on the Top 225 last year and this year, 139 enjoyed rising revenue, while only 54 declined.
The Top 225 International Contractors (Based on Contracting Revenue from Projects Outside Home Country) RANK 2005 2004 FIRM
2004 REVENUE ($ MIL.) INTERNATIONAL TOTAL
NEW CONTRACTS IN 2004 ($ MIL.)
GEN. BLDG.
MFG.
MARKETS (% OF 2004 INT’L REVENUE) WATER SEWER./ INDUS./ HAZ. POWER SUPPLY WASTE PETRO. TRANSP. WASTE
TELECOMM.
1
2 HOCHTIEF AG, Essen, Germany†
12,632.0 14,975.3
19,394.3
57
2
1
2
1
4
19
0
3
2
1 SKANSKA AB, Solna, Sweden†
11,436.3 14,138.3
16,590.0
54
1
4
1
3
8
25
0
1
3
6 KBR, Houston, Texas, U.S.A.†
9,830.8 10,899.4
2,379.6
4
0
0
0
0
13
0
0
0
4
3 VINCI, Rueil-Malmaison, Cedex, France†
9,202.0 24,268.0
24,186.0
17
0
4
1
0
5
50
0
4
5
4 BECHTEL, San Francisco, Calif., U.S.A.†
8,105.0 14,424.0
12,855.0
0
0
6
0
2
39
49
3
1
6
5 BOUYGUES, Saint-Quentin-en-Yvelines Cedex, France†
7,464.0 20,148.0
21,353.0
26
0
3
0
0
1
69
0
0
7
7 TECHNIP, Paris La Defense Cedex, France†
6,377.0
6,484.0
6,966.0
0
0
1
0
0
99
0
0
0
8
8 FIMAG FINANZ INDUSTRIE MGMT. AG, Spittal/Drau, Austria†
5,993.4
8,131.3
9,198.2
30
0
0
2
4
7
44
0
0
9
9 ROYAL BAM GROEP NV, Bunnik, The Netherlands†
5,027.0
9,108.0
NA
50
0
0
0
0
0
50
0
0
10
10 BILFINGER BERGER AG, Mannheim, Germany†
4,915.0
7,602.0
7,636.0
31
0
3
0
2
18
46
0
0
11
16 FERROVIAL, Madrid, Spain†
3,650.0
9,855.0
NA
36
0
0
10
10
0
44
0
0
12
13 FLUOR CORP., Aliso Viejo, Calif., U.S.A.†
3,635.6
6,906.6
13,028.6
24
4
3
0
0
62
7
1
0
13
11 AMEC PLC, London, U.K.†
3,219.0
6,005.0
2,044.0
32
3
4
1
0
34
13
0
13
14
12 BOVIS LEND LEASE, Harrow, Middlesex, U.K.†
3,204.0
5,088.0
6,995.0
28
0
0
0
0
2
1
0
1
15
20 GRUPO ACS, Madrid, Spain†
2,453.5 14,929.7
NA
0
0
18
0
8
39
33
0
2
16
15 JGC CORP., Yokohama, Japan
2,306.0
3,029.0
3,396.0
0
0
0
0
0
100
0
0
0
17
17 CHINA STATE CONSTRUCTION ENG’G CORP., Beijing, China†
2,124.3 10,271.7
13,957.5
72
1
1
2
0
4
18
0
2
18
19 CONSOLIDATED CONTRACTORS INT’L CO., Athens, Greece†
2,119.8
2,119.8
1,989.1
10
0
0
2
7
66
15
0
0
19
18 SNAMPROGETTI, Milan, Italy†
1,937.0
3,217.0
1,903.0
0
0
0
0
0
99
0
0
0
20
24 KAJIMA CORP., Tokyo, Japan†
1,935.4 13,213.5
15,667.3
57
20
1
3
0
3
14
0
0
21
25 CONSTRUTORA NORBERTO ODEBRECHT, Sao Paulo, Brazil†
1,729.0
2,205.0
2,313.0
6
0
18
11
5
0
55
0
0
22
** EIFFAGE, Issy les Moulineaux, France†
1,717.0 10,482.0
10,001.0
32
16
10
0
0
8
33
0
1
23
14 FOSTER WHEELER LTD., Clinton, N.J., U.S.A.†
1,671.0
1,942.0
1,639.0
0
0
39
0
0
56
0
3
0
24
26 BALFOUR BEATTY PLC, London, U.K.†
1,661.0
7,633.0
7,295.0
5
0
27
1
3
2
61
0
0
25
** CEGELEC, Brussels, Belgium†
1,566.0
3,931.0
3,509.0
25
10
11
2
1
24
5
1
13
26
27 PCL CONSTRUCTION ENTERPRISES, Denver, Colo., U.S.A.†
1,480.0
2,321.0
3,172.0
71
0
0
1
0
16
11
0
1
27
28 CHIYODA CORP., Yokohama, Japan
1,469.0
1,992.0
3,429.0
0
0
84
0
0
16
0
0
0
28
34 OBAYASHI CORP., Tokyo, Japan†
1,390.0 12,565.0
11,548.0
18
3
1
11
0
1
66
0
0
29
32 TAISEI CORP., Tokyo, Japan†
1,327.0 13,757.0
14,620.0
27
10
7
21
14
0
17
0
0
30
29 TOYO ENGINEERING CORP., Chiba, Japan
1,304.0
1,448.0
0
3
41
0
0
55
0
0
0
48
䡵
ENR
䡵
August 22/29, 2005
1,640.0
HOW TO USE THE TABLES COMPANIES are ranked according to construction revenue generated outside of each company’s home country in 2004 in U.S. $ millions. Firms not ranked last year are designated **. Some markets may not add up to 100% due to omission of “other” miscellaneous market category and rounding. NA=Not available. †=Includes revenue of subsidiaries, which now are listed on www.enr.com.
FIGURES Include prime contracts, shares of joint ventures, subcontracts, designconstruct contracts and construction management “at-risk” contracts when a firm’s risks are similar to those of a general contractor. Figures also include the value of installed equipment when a firm has prime responsibility for specifying and procuring it within the scope of a construction contract.
GENERAL BUILDING=commercial buildings, offices, stores, educational facilities, government buildings, hospitals, medical facilities, hotels, apartments, housing, etc.
MANUFACTURING=auto assembly, electronic assembly, textile plants.
RANK 2005 2004 FIRM
POWER=thermal and hydroelectric powerplants, waste-to-energy plants, transmission lines, substations, cogeneration plants, etc. WATER SUPPLY=dams, reservoirs, transmission pipelines, distribution mains, irrigation canals, desalination and drinking water treatment plants, pumping stations, etc. SEWERAGE/SOLID WASTE=sanitary and storm sewers, treatment plants, pumping plants, incinerators, industrial waste facilities, etc. INDUSTRIAL PROCESS=pulp and paper mills, steel mills, nonferrous metal refineries, pharmaceutical plants, chemical plants, food and other processing plants, etc. PETROLEUM=refineries, petrochemical plants, offshore facilities, pipelines, etc. TRANSPORTATION=airports, bridges, roads, canals, locks, dredging, marine facilities, piers, railroads, tunnels, etc. HAZARDOUS WASTE=chemical and nuclear waste treatment, asbestos and lead abatement, etc.
TELECOMMUNICATIONS=Transmission lines & cabling, towers & antennae, Web
hotels, etc.
2004 REVENUE ($ MIL.) INTERNATIONAL TOTAL
NEW CONTRACTS IN 2004 ($ MIL.)
GEN. BLDG.
MFG.
MARKETS (% OF 2004 INT’L REVENUE) WATER SEWER./ INDUS./ HAZ. POWER SUPPLY WASTE PETRO. TRANSP. WASTE
TELECOMM.
31
23 HYUNDAI ENGINEERING & CONSTR. CO., Seoul, S. Korea
1,287.1
4,224.8
6,312.0
18
0
16
0
0
54
12
0
0
32
30 JACOBS, Pasadena, Calif., U.S.A.
1,198.0
2,565.8
6,242.0
0
5
3
0
0
73
15
3
0
33
33 IMPREGILO SPA, Milan, Italy†
1,175.0
3,763.0
4,930.0
0
0
0
46
5
0
37
0
0
34
21 AKER KVAERNER ASA, Lysaker, Norway†
1,154.1
1,640.9
1,008.8
0
0
22
0
0
77
0
0
0
35
22 TECHINT GROUP, Milan, Italy†
1,042.0
1,213.0
781.0
1
7
15
2
0
75
0
0
0
36
40 TAKENAKA CORP., Osaka, Japan†
1,001.0 10,799.0
10,796.0
16
66
0
0
0
0
18
0
0
37
31 JOANNOU & PARASKEVAIDES (OVERSEAS) LTD., Guernsey, U.K.†
967.3
967.3
991.4
34
0
3
2
2
8
51
0
0
38
** PETROFAC LTD., Jersey, Channel Islands†
964.2
964.2
1,446.6
0
0
0
0
0
100
0
0
0
39
36 CHINA HARBOUR ENGINEERING CO., Beijing, China†
925.2
4,429.7
5,580.3
1
59
0
2
1
0
13
0
0
40
** TECNIMONT SPA, Milan, Italy†
901.0
965.0
560.0
0
0
0
0
0
100
0
0
0
41
42 CB&I, The Woodlands, Texas, U.S.A.†
900.0
1,897.0
2,614.0
0
0
2
1
0
94
0
0
0
42
35 SHIMIZU CORP., Tokyo, Japan†
846.5 12,596.8
12,574.3
44
34
0
3
2
12
5
0
0
43
38 OBRASCON HUARTE LAIN SA (OHL SA), Madrid, Spain†
825.2
2,774.2
3,281.5
2
0
0
0
0
0
74
0
0
44
39 FCC, FOMENTO DE CONSTR. Y CONTRATAS, Madrid, Spain†
794.8
7,359.1
8,829.9
26
0
0
10
12
0
51
0
0
45
86 WASHINGTON GROUP INT’L, Boise, Idaho, U.S.A.†
768.0
2,771.9
2,671.9
14
1
62
3
0
2
0
13
0
46
44 LEIGHTON HOLDINGS LTD., St. Leonards, NSW, Australia†
759.0
4,622.0
NA
15
0
2
0
3
0
45
0
5
47
37 CHINA NATIONAL MACHINERY & EQUIP. CORP., Beijing, China†
708.0
1,138.0
1,792.0
5
2
5
21
19
15
20
10
3
48
48 CHINA RAILWAY ENGINEERING CORP., Beijing, China†
678.6 11,612.6
16,881.0
25
0
0
0
0
0
47
0
0
49
47 ASTALDI SPA, Rome, Italy†
670.2
1,347.6
2,169.8
1
0
0
10
14
6
70
0
0
50
41 TAIKISHA LTD., Tokyo, Japan†
629.8
1,846.2
1,884.9
0
99
0
0
0
1
0
0
0
51
51 BESIX SA, Brussels, Belgium†
627.0
1,167.8
1,860.5
52
0
2
0
1
15
29
0
0
52
53 ENKA CONSTRUCTION & INDUSTRY CO. INC., Istanbul, Turkey†
614.2
760.6
1,926.7
48
0
3
2
0
22
26
0
0
53
60 SAMSUNG ENGINEERING CO. LTD., Seoul, S. Korea†
603.0
1,586.0
1,034.0
1
14
0
0
0
85
0
0
0
54
49 VEIDEKKE ASA, Oslo, Norway†
599.9
1,617.9
1,087.0
80
1
1
0
0
1
17
0
0
55
59 NISHIMATSU CONSTRUCTION CO. LTD., Tokyo, Japan
563.9
4,029.8
4,114.7
13
10
0
6
0
0
71
0
0
56
52 SOLETANCHE BACHY, Nanterre, France†
548.0
926.0
851.0
13
3
22
11
9
2
39
1
0
57
55 TECNICAS REUNIDAS SA, Madrid, Spain†
547.0
781.0
800.0
0
0
5
0
0
95
0
0
0
58
54 CHINA PETROLEUM ENG’G & CONSTR. CORP., Beijing, China†
500.2
500.2
670.7
0
0
0
0
0
100
0
0
0
59
58 CENTEX, Dallas, Texas, U.S.A.†
452.1 10,670.1
12,714.9
100
0
0
0
0
0
0
0
0
60
** SAMSUNG CORP., Sungnam-si, S. Korea
443.0
453.0
23
8
9
1
2
3
35
0
0
3,911.1
August 22/29, 2005
ENR
49
䊲
Top 225
The Top 225 International Contractors RANK 2005 2004 FIRM
2004 REVENUE ($ MIL.) INTERNATIONAL TOTAL
NEW CONTRACTS IN 2004 ($ MIL.)
GEN. BLDG.
MFG.
MARKETS (% OF 2004 INT’L REVENUE) WATER SEWER./ INDUS./ HAZ. POWER SUPPLY WASTE PETRO. TRANSP. WASTE
TELECOMM.
61
43 ABB LUMMUS GLOBAL, Bloomfield, N.J., U.S.A.†
441.1
450.0
1,222.8
0
0
0
0
0
100
0
0
0
62
45 GRINAKER-LTA LTD., Kempton Park, South Africa
439.8
1,128.0
1,128.0
17
3
6
4
0
11
10
0
0
63
68 ORASCOM CONSTRUCTION INDUSTRIES, Cairo, Egypt†
436.0
642.2
1,094.0
45
0
5
0
3
31
12
0
3
64
69 GAMA, Ankara, Turkey†
435.4
538.9
742.9
12
0
30
1
0
44
12
0
0
65
46 DAEWOO E&C CO. LTD., Seoul, S. Korea†
434.4
4,217.5
5,357.8
11
0
7
8
0
61
14
0
0
66
** WORLEYPARSONS, North Sydney, NSW, Australia†
418.1
469.3
47.4
2
0
19
0
0
78
0
0
0
67
57 NECSO ENTRECANALES CUBIERTAS SA, Madrid, Spain
397.0
3,555.0
4,737.0
11
0
8
5
2
0
74
0
0
68
50 SHANGHAI CONSTR. (GROUP) GENERAL CO., Shanghai, China
381.2
3,810.8
3,683.2
74
13
0
0
0
1
13
0
0
69
63 CHINA CIVIL ENGINEERING CONSTR. CORP., Beijing, China†
379.7
407.8
381.8
32
2
0
1
2
0
58
0
5
70
64 TRACTEBEL ENGINEERING, Brussels, Belgium†
374.6
403.4
NA
2
0
98
0
0
0
0
0
0
71
88 RIZZANI DE ECCHER SPA, Udine, Italy†
373.2
522.1
369.1
35
0
0
0
0
0
65
0
0
72
** EARTH TECH INC., Long Beach, Calif., U.S.A.
373.0
630.0
696.0
14
0
0
26
54
0
0
5
0
73
67 PENTA-OCEAN CONSTRUCTION CO. LTD., Tokyo, Japan
367.1
3,064.5
3,156.5
33
0
0
4
4
2
58
0
0
74
70 ED. ZUBLIN AG, Stuttgart, Germany†
360.0
1,950.0
2,020.0
33
0
8
25
8
17
0
0
0
75
76 E. PIHL & SON AS, Kgs. Lyngby, Denmark†
353.8
693.1
846.3
8
9
7
0
0
30
46
0
0 0
76 100 MAEDA CORP., Tokyo, Japan†
340.0
4,116.0
3,625.0
4
3
0
0
0
0
93
0
77
79 PERINI CORP., Framingham, Mass., U.S.A.†
336.0
1,842.0
1,327.0
25
0
74
0
0
0
1
0
0
78
66 THE SHAW GROUP INC., Baton Rouge, La., U.S.A.†
322.9
2,108.5
2,466.5
22
0
24
0
0
33
7
0
14
79
87 SKE GROUP, Mannheim, Germany†
308.0
348.0
520.0
91
0
0
5
0
0
0
0
5
80
61 KIEWIT CORP., Omaha, Neb., U.S.A.†
305.8
3,236.3
2,540.5
0
0
8
7
0
27
33
0
0
81
81 SINOHYDRO CORP., Beijing, China†
303.2
2,989.9
4,639.2
0
4
73
11
0
0
12
0
0
82
75 CONSTRUTORA ANDRADE GUTIERREZ SA, Sao Paulo, Brazil†
300.3
643.9
262.5
5
0
0
12
2
0
81
0
0
83
56 KUMAGAI GUMI CO. LTD., Tokyo, Japan†
299.0
2,542.0
2,148.0
44
18
1
5
3
0
28
0
0
84
71 CHINA ROAD & BRIDGE CORP., Beijing, China†
290.6
2,990.7
4,044.3
0
0
0
4
0
3
93
0
0
85
84 NATIONAL PETROLEUM CONSTRUCTION CO., Abu Dhabi, U.A.E.
289.8
564.0
570.2
0
0
0
0
0
100
0
0
0
86
82 BAUER SPEZIALTIEFBAU GMBH, Schrobenhausen, Germany†
286.5
540.8
264.2
29
1
15
13
0
18
16
0
3
87
80 ARABIAN CONSTRUCTION CO., Beirut, Lebanon†
265.6
321.1
907.2
53
0
13
0
0
0
0
0
0
88
92 THE ARAB CONTRACTORS (O.A.O & CO.), Cairo, Egypt†
261.2
1,341.5
1,389.0
50
0
3
11
13
0
23
0
0
89
77 SOLEL BONEH INTERNATIONAL LTD., Ramat-Gan, Israel†
259.2
259.2
276.8
11
0
1
23
0
0
66
0
0
90 120 CTCI CORP., Taipei, Taiwan†
252.4
524.9
738.2
0
1
0
0
2
97
0
0
0
91
94 SOARES DA COSTA - GRUPO SGPS, Porto, Portugal†
250.9
656.1
502.0
98
0
0
0
0
0
2
0
0
92
95 TEKFEN CONSTRUCTION & INSTALLATION CO., Istanbul, Turkey†
249.0
593.0
506.0
0
0
0
0
0
100
0
0
0
93 121 QUATTROGEMINI LTD., Espoo, Finland†
234.7
251.3
277.7
14
0
0
0
0
86
0
0
0
94 131 CH2M HILL COS. LTD., Denver, Colo., U.S.A.†
226.5
709.4
NA
17
33
6
2
11
14
6
4
8
95
** CLOUGH LTD., Perth, WA, Australia†
225.0
548.8
266.9
8
0
2
0
0
73
2
0
2
96
83 HAZAMA CORP., Tokyo, Japan
219.0
1,910.0
1,711.0
5
28
7
25
1
12
21
0
0
97
91 BLACK & VEATCH, Overland Park, Kan., U.S.A.
217.9
517.7
1,493.4
2
0
42
15
24
12
2
0
0
98
62 SUMITOMO MITSUI CONSTRUCTION CO. LTD., Tokyo, Japan†
207.0
4,329.0
4,329.0
36
2
5
4
0
15
39
0
0
99
93 SADE - CGTH, Paris, France†
206.5
1,276.5
194.9
0
0
0
65
35
0
0
0
0
100 146 ALARKO CONTRACTING GROUP, Gebze-Kocaeli, Turkey
201.5
243.2
127.1
0
0
8
0
0
6
86
0
0
197.0
6,003.0
7,973.0
6
24
0
2
2
18
12
0
0
192.0
1,042.0
1,462.0
5
0
40
0
0
43
0
0
0
97 CHINA INT’L WATER & ELECTRIC CORP. (CWE), Beijing, China†
190.2
274.7
568.3
12
2
41
36
4
0
6
0
0
104
** SK ENGINEERING & CONSTRUCTION CO., Seoul, S. Korea
189.3
2,181.1
2,778.7
0
0
0
0
0
100
0
0
0
105
99 SHANDONG ELECTRIC POWER CONSTR., Jinan City, China†
188.4
935.9
1,298.1
0
0
100
0
0
0
0
0
0
98 CHINA METALLURGICAL CONSTR. (GRP.) CORP., Beijing, China†
101
102 112 CHINA NATIONAL CHEMICAL ENG’G CORP., Beijing, China† 103
106 106 GHELLA SPA, Rome, Italy†
177.4
247.6
205.1
0
0
11
0
0
0
89
0
0
107
89 STRUCTURE TONE INC., New York, N.Y., U.S.A.†
175.0
2,070.0
2,198.0
77
0
0
0
0
0
0
0
23
108
72 HEEREMA FABRICATION GROUP, Zwyndrecht, The Netherlands†
172.0
234.0
464.0
0
0
0
0
0
100
0
0
0
109
90 KINDEN CORP., Osaka, Japan†
172.0
3,756.0
3,650.0
40
35
8
0
0
17
0
0
0
155.4
189.5
275.0
8
0
0
0
0
35
57
0
0
110 101 CONTRACTING AND TRADING “C.A.T.” COS., Beirut, Lebanon†
50
䡵
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August 22/29, 2005
• ISSUE: Aug. 22/29, 2005/ PAGE: 50 / Version: #2 Day, Month 00, 2004 0:00:00 PM
The Top 225 International Contractors RANK 2005 2004 FIRM
2004 REVENUE ($ MIL.) INTERNATIONAL TOTAL
NEW CONTRACTS IN 2004 ($ MIL.)
GEN. BLDG.
MFG.
MARKETS (% OF 2004 INT’L REVENUE) WATER SEWER./ INDUS./ HAZ. POWER SUPPLY WASTE PETRO. TRANSP. WASTE
TELECOMM.
111
** MORGANTI GROUP INC., Danbury, Conn., U.S.A.
153.0
211.8
126.7
43
0
0
21
35
0
0
0
0
112
85 PARSONS, Pasadena, Calif., U.S.A.†
144.0
832.1
1,629.0
31
0
0
9
12
27
0
21
0
113
** NUROL CONSTRUCTION AND TRADING CO., Ankara, Turkey†
140.0
363.5
1,130.0
19
56
0
2
0
8
8
0
0
136.5
583.4
561.9
21
0
0
32
19
0
28
0
0
132.2
302.6
269.3
0
0
11
0
15
31
16
0
28
130.5
130.5
182.0
0
35
2
0
0
0
56
0
0
130.1
788.1
788.0
40
5
33
0
0
0
21
0
0
118 116 KHARAFI NATIONAL, Safat, Kuwait†
128.0
389.0
389.0
48
0
0
0
0
45
0
0
5
119 113 SALINI COSTRUTTORI SPA, Rome, Italy†
127.9
218.7
761.3
6
0
0
86
0
0
8
0
0
120 115 PREZIOSO, St. Clair Du Rhone, France†
119.5
219.5
110.0
4
0
1
2
0
93
0
0
0
121 110 ZHEJIANG CONSTR. INVESTMENT GROUP CO., Hangzhou, China†
118.8
1,909.1
2,213.1
82
0
0
0
11
7
0
0
0
122 133 STFA CONSTRUCTION GROUP, Istanbul, Turkey
113.7
128.3
98.3
25
0
12
0
8
0
56
0
0
123 109 CHINA JIANGSU INT’L ECON-TECH. COOP., Nanjing, China†
110.1
170.6
248.2
79
0
3
0
15
3
1
0
0
124 107 WALBRIDGE ALDINGER, Detroit, Mich., U.S.A.†
114 104 C.M.C. DI RAVENNA, Ravenna, Italy† 115
78 MCCONNELL DOWELL CORP., Burwood East, Vic., Australia†
116 105 CHINA WANBAO ENGINEERING CORP., Beijing, China 117
96 AECON GROUP INC., Toronto, Ontario, Canada†
100.0
1,003.0
1,089.0
34
66
0
0
0
0
0
0
0
125 129 HEBERGER BAU GMBH, Schifferstadt, Germany†
97.9
329.2
176.6
100
0
0
0
0
0
0
0
0
126 135 CHINA NATIONAL OVERSEAS ENG’G CORP., Beijing, China†
97.5
100.6
197.9
36
8
0
0
0
0
29
0
0
127 128 GRANIT CONSTRUCTION STOCK CO., Skopje, FYR Macedonia
96.4
198.4
83.5
6
0
0
0
0
0
94
0
0
95.0
392.3
NA
89
0
0
0
0
0
11
0
0
129 143 EBARA CORP., Tokyo, Japan†
94.5
1,048.1
797.2
0
0
0
0
96
0
0
4
0
130
** INSITUFORM TECHNOLOGIES INC., Chesterfield, Mo., U.S.A.
94.0
531.0
596.0
0
0
0
0
86
14
0
0
0
131
** CHINA NAT’L MACHINERY IMPORT & EXPORT CORP., Beijing, China
92.4
92.4
110.2
0
0
72
0
0
2
2
0
0
132 102 DICK CORP., Pittsburgh, Pa., U.S.A.†
92.0
806.0
578.0
60
0
0
27
0
0
13
0
0
133 149 ITALIAN-THAI DEVELOPMENT PCL, Bangkok, Thailand†
92.0
657.0
543.0
10
0
0
15
0
0
67
0
0
134 189 WESTON SOLUTIONS INC., West Chester, Pa., U.S.A.†
89.9
208.1
339.0
100
0
0
0
0
0
0
0
0
** YAPI MERKEZI INSAAT VE SANAYI AS, Istanbul, Turkey†
128
135
** GRAHAM GROUP LTD., Calgary, Alberta, Canada†
88.3
120.2
155.9
0
0
0
0
0
6
94
0
0
136 134 SUMMA TURIZM YATIRIMCILIGI AS, Ankara, Turkey†
87.6
87.6
43.0
100
0
0
0
0
0
0
0
0
137 126 B.L. HARBERT INTERNATIONAL, Birmingham, Ala., U.S.A.
87.0
292.0
504.0
79
0
0
0
0
21
0
0
0
138 127 TODA CORP., Tokyo, Japan†
84.0
4,454.0
4,227.0
50
40
0
0
0
10
0
0
0
139 117 HARBIN POWER ENGINEERING CO. LTD., Harbin, China
82.1
147.8
153.3
0
0
100
0
0
0
0
0
0
140
** SOCIETA ITALIANA PER CONDOTTE D’ACQUA SPA, Rome, Italy†
81.2
944.0
1,645.1
0
0
0
49
0
0
51
0
0
141 169 CADDELL CONSTRUCTION, Montgomery, Ala., U.S.A.
80.1
231.6
451.6
100
0
0
0
0
0
0
0
0
142 124 CHINA WU YI CORP. LTD., Fuzhou, China†
79.5
183.1
194.0
97
0
0
0
0
0
3
0
0
143 167 DOGUS INSAAT VE TICARET AS, Istanbul, Turkey
77.0
144.9
100.0
0
0
0
0
0
0
100
0
0
144 119 ALBERICI CORP., St. Louis, Mo., U.S.A.†
75.7
586.6
1,468.1
12
66
0
9
2
3
5
0
0
145 125 INTECSA UHDE INDUSTRIAL SA, Madrid, Spain
75.1
90.4
118.7
0
0
0
0
0
100
0
0
0
146
** GUANGDONG XINGUANG INT’L GROUP, Guangzhou, China†
73.9
611.4
478.1
18
76
0
0
0
0
6
0
0
147
** DESCON ENGINEERING LTD., Lahore, Pakistan
0
73.8
132.0
217.0
0
0
0
0
0
100
0
0
148 139 VECO CORP., Anchorage, Alaska, U.S.A.†
69.2
143.5
188.0
0
0
0
0
0
100
0
0
0
149 138 CHINA SHANGHAI SFECO, Shanghai, China†
68.2
95.0
160.2
30
0
16
0
4
11
39
0
0 0
150 180 CHINA NONFERROUS METAL IND. FRGN. ENG’G & CONST., Beijing, China 67.5
67.5
NA
0
0
0
0
0
100
0
0
151 147 HANJIN HEAVY INDUSTRIES & CONSTR. CO., Seoul, S. Korea
65.0
985.0
1,671.0
8
0
0
9
0
0
83
0
0
152 132 TUTOR-SALIBA CORP., Sylmar, Calif., U.S.A.†
63.0
564.0
642.0
62
0
0
0
0
0
38
0
0
153 137 GREAT LAKES DREDGE & DOCK CORP., Oak Brook, Ill., U.S.A.†
62.9
350.9
383.8
0
0
0
0
0
0
100
0
0
154 182 CHINA GEZHOUBA CONSTRUCTION CO., Yichang City, China†
59.4
932.2
1,052.2
0
0
29
62
0
0
8
0
0
155 114 ENERGOPROJEKT GROUP, Belgrade, Serbia & Montenegro†
57.4
121.2
195.2
58
0
34
0
0
1
7
0
0
156 142 CHINA CAMC ENGINEERING CO. LTD., Beijing, China
57.4
57.4
36.4
0
0
0
39
0
13
48
0
0
157 212 BENNETT CONSTRUCTION, Dublin, Ireland
56.0
310.0
566.0
100
0
0
0
0
0
0
0
0
158 156 CHINA NAT’L COMPLETE PLANT IMP. & EXP. CORP., Beijing, China†
55.7
55.7
51.0
41
54
1
1
0
0
1
0
0
159
55.3
87.7
49.0
100
0
0
0
0
0
0
0
0
55.0
418.0
458.0
0
0
0
0
0
100
0
0
0
** KULLMAN INDUSTRIES, Lebanon, N.J., U.S.A.
160 154 TORCON INC., Westfield, N.J., U.S.A.
August 22/29, 2005
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Top 225
The Top 225 International Contractors RANK 2005 2004 FIRM
2004 REVENUE ($ MIL.) INTERNATIONAL TOTAL
NEW CONTRACTS IN 2004 ($ MIL.)
GEN. BLDG.
MFG.
MARKETS (% OF 2004 INT’L REVENUE) WATER SEWER./ INDUS./ HAZ. POWER SUPPLY WASTE PETRO. TRANSP. WASTE
TELECOMM.
161 160 CHINA HENAN INT’L COOPERATION GRP. CO., Zhengzhou, China†
55.0
55.0
103.8
0
0
12
11
8
0
67
0
0
162 162 HAZINEDAROGLU CONSTRUCTION GROUP, Istanbul, Turkey†
52.7
77.2
65.7
90
0
0
0
0
0
10
0
0
163 158 THE FACILITY GROUP, Smyrna, Ga., U.S.A.†
48.9
210.0
259.4
100
0
0
0
0
0
0
0
0
164 150 TURNER INDUSTRIES GROUP LLC, Baton Rouge, La., U.S.A.†
48.8
823.1
186.2
0
0
0
0
0
100
0
0
0
165 171 GLAVBOLGARSTROY AD, Sofia, Bulgaria†
48.8
102.6
170.0
95
0
0
5
0
0
0
0
0
166
48.6
0
358.5
569.9
0
0
100
0
0
0
0
0
167 108 CHINA RAILWAY CONSTRUCTION CORP., Beijing, China†
** HINDUSTAN CONSTRUCTION CO. LTD., Mumbai, India
48.3 10,493.2
17,668.9
26
0
0
15
0
0
57
0
2
168
48.3
554.6
395.4
0
0
0
0
0
0
100
0
0
169 144 BIRD CONSTRUCTION CO. LTD., Etobicoke, Ontario, Canada†
48.0
343.0
304.0
100
0
0
0
0
0
0
0
0
170 179 SOYAK CO., Istanbul, Turkey†
47.7
347.8
324.5
42
58
0
0
0
0
0
0
0
171
47.7
70.4
606.3
13
0
0
0
0
0
4
0
0
172 130 SEI ENGINEERING INC., Beijing, China†
46.5
361.7
825.4
0
0
0
0
0
100
0
0
0
173 152 CHINA HUANQIU CONTRACTING & ENG’G CORP., Beijing, China†
45.1
69.6
276.0
0
2
0
0
0
98
0
0
0
174 165 ARB INC., Lake Forest, Calif., U.S.A.
42.0
387.0
390.0
0
0
71
0
0
29
0
0
0
175 145 SSANGYONG ENGINEERING & CONSTR. CO., Seoul, S. Korea†
41.0
1,171.0
1,080.0
56
0
0
0
0
0
44
0
0
** GRANDI LAVORI FINCOSIT SPA, Rome, Italy
** CHINA ZHONGYUAN ENGINEERING CORP., Beijing, China
** BEIJING MUNICIPAL ENGINEERING GROUP CO., Beijing, China†
176
40.6
689.1
896.0
0
0
0
25
55
0
20
0
0
177 159 MWH, Broomfield, Colo., U.S.A.†
39.5
247.0
440.0
0
0
0
26
71
0
0
3
0
178 140 AMERICAN BRIDGE CO., Coraopolis, Pa., U.S.A.†
38.8
294.4
95.0
31
0
0
0
0
0
69
0
0
179 178 BAYTUR CONSTRUCTION AND CONTRACTING CO., Istanbul, Turkey
38.2
78.4
382.4
100
0
0
0
0
0
0
0
0
180 184 DAY & ZIMMERMANN GROUP, Philadelphia, Pa., U.S.A.†
38.0
579.0
558.0
71
0
18
0
0
11
0
0
0
181 200 BEIJING CONSTRUCTION ENG’G GROUP CO., Beijing, China†
37.9
2,224.5
1,995.2
84
0
0
0
0
2
12
0
0
182 157 WILLIAM A. BERRY & SON INC., Danvers, Mass., U.S.A.
37.9
239.4
458.3
100
0
0
0
0
0
0
0
0
183 163 BEIJING UNI-CONSTRUCTION GROUP CO. LTD., Beijing, China†
37.0
1,093.8
546.5
97
0
0
3
0
0
0
0
0
184 173 TRANSTECH ENGINEERING CORP., Chengdu, China
36.4
46.6
94.3
2
0
0
0
0
0
98
0
0
185 210 HENSEL PHELPS CONSTRUCTION CO., Greeley, Colo., U.S.A.†
35.9
2,041.1
1,834.6
100
0
0
0
0
0
0
0
0
186 204 ZACHRY CONSTRUCTION CORP., San Antonio, Texas, U.S.A.
35.8
966.0
1,238.2
100
0
0
0
0
0
0
0
0
187 164 CHINA NATIONAL ELECTRIC EQUIPMENT CO., Beijing, China
35.5
63.3
92.5
0
0
82
0
0
0
18
0
0
34.9
524.6
1,594.6
4
1
15
0
0
80
0
0
0
189 186 TSO, Chelles, France†
34.7
132.4
213.0
0
0
0
0
0
0
100
0
0
190 172 CHINA PETROLEUM PIPELINE ENG’G, Lang Fang City, China†
33.6
48.6
164.7
0
0
0
0
0
100
0
0
0
191 161 THE AUSTIN CO., Cleveland, Ohio, U.S.A.†
30.5
257.3
194.6
0
0
0
0
0
100
0
0
0
192 181 MANHATTAN CONSTRUCTION CO., Tulsa, Okla., U.S.A.†
30.0
860.4
1,074.0
100
0
0
0
0
0
0
0
0
193 176 THE BECK GROUP, Dallas, Texas, U.S.A.
28.2
658.7
526.2
100
0
0
0
0
0
0
0
0
194 155 GRAYCOR, Homewood, Ill., U.S.A.†
27.0
330.0
387.0
0
100
0
0
0
0
0
0
0
26.9
67.0
92.7
0
0
0
0
0
0
100
0
0
196 185 CHINA JIANGSU CONSTRUCTION GROUP CORP., Nanjing, China†
24.8
140.4
NA
100
0
0
0
0
0
0
0
0
197 122 TIC HOLDINGS INC., Steamboat Springs, Colo., U.S.A.†
24.5
1,100.1
993.1
0
2
21
0
0
77
0
0
0
198 187 CHINA JIANGXI CORP. FOR INT’L ECO. & TECH., Nanchang, China†
24.3
30.4
59.4
59
0
1
37
0
0
0
0
0
199 151 BE&K INC., Birmingham, Ala., U.S.A.†
23.8
758.6
1,200.0
0
0
0
0
0
100
0
0
0
200 211 LEASE CRUTCHER LEWIS, Seattle, Wash., U.S.A.
23.7
203.4
300.0
100
0
0
0
0
0
0
0
0
** INDUSTRIAL DEV’T & RENOVATION ORG. OF IRAN, Tehran, Iran†
188
** CHINA CHONGQING INT’L CONSTRUCTION, Chongqing, China†
195
** CHINA ELECTRIC POWER TECH. IMPORT & EXPORT, Beijing, China†
201
42.2
NA
0
0
6
69
9
0
8
0
0
22.5
169.3
69.8
0
0
0
0
0
0
100
0
0
203
21.4
441.2
615.2
0
0
0
0
0
0
100
0
0
204 201 POMERLEAU, Longueuil, Quebec, Canada
21.2
483.0
311.0
100
0
0
0
0
0
0
0
0
205 197 TETRA TECH INC., Pasadena, Calif., U.S.A.
21.0
89.0
144.0
0
0
0
0
0
0
0
0
100
206
20.0
349.0
113.8
20
0
0
0
0
0
80
0
0
207 175 CCC GROUP INC., San Antonio, Texas, U.S.A.
19.9
206.8
145.0
0
0
0
0
0
90
0
0
0
208 193 CHINA LIAONING INT’L ECO. & TECH. COOP., Shenyang, China†
17.7
28.0
18.6
13
0
73
0
0
0
0
0
0
209 199 CHINA SHENYANG INT’L ECO. & TECH. COOP., Shenyang, China
17.1
30.4
60.5
68
0
0
9
6
0
16
0
0
210 221 XINJIANG BEIXIN CONSTR. & ENG’G CO. LTD., Urumqi, China
16.9
352.7
366.3
1
0
73
0
0
0
26
0
0
52
22.6
202 183 LIMAK CONSTRUCTION INDUSTRY & TRADE INC., Ankara, Turkey
䡵
** CONSTRUCOES E COMERCIO CAMARGO CORREA, Sao Paulo, Brazil
** OPCA SA, Lisbon, Portugal
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The Top 225 International Contractors RANK 2005 2004 FIRM
2004 REVENUE ($ MIL.) INTERNATIONAL TOTAL
NEW CONTRACTS IN 2004 ($ MIL.)
GEN. BLDG.
MFG.
MARKETS (% OF 2004 INT’L REVENUE) WATER SEWER./ INDUS./ HAZ. POWER SUPPLY WASTE PETRO. TRANSP. WASTE
TELECOMM.
211 196 SANTOS CMI CONSTRUCTION INC., Quito, Ecuador†
15.9
29.1
17.5
0
0
90
0
0
10
0
0
212 202 BEIJING URBAN CONSTRUCTION GROUP CO., Beijing, China†
15.1
1,685.9
2,743.9
29
0
0
0
0
0
71
0
0
213 174 SICHUAN ELECTRIC POWER IMP. & EXP. CORP., Chengdu, China†
14.6
14.6
14.1
0
0
100
0
0
0
0
0
0
214 208 ORION MARINE GROUP, Houston, Texas, U.S.A.†
14.3
131.2
120.8
0
0
0
0
0
0
100
0
0
215 188 CHINA SICHUAN INT’L COOPERATION CO. LTD., Chengdu, China
13.5
13.5
29.3
0
0
0
0
0
0
100
0
0
216 194 DAEWOO ENGINEERING CO., Seongnam City, S. Korea
13.5
175.3
237.0
0
36
3
1
0
61
0
0
0
217 225 HITT CONTRACTING INC., Fairfax, Va., U.S.A.
13.3
600.0
480.0
100
0
0
0
0
0
0
0
0
13.1
281.1
281.1
100
0
0
0
0
0
0
0
0
12.7
53.5
31.6
14
0
0
0
0
86
0
0
0
35.0
22
0
0
22
0
35
11
0
0 0
218
** LONG JIAN ROAD & BRIDGE LTD. CO., Harbin, China†
219 168 ICOM ENGINEERING SPA, Padova, Italy 220
** TML CONSTRUCTION CO., Istanbul, Turkey†
10.4
12.7
221
** CHINA CHONGQING INT’L CORP. FOR ECO. & TECH., Chongqing, China† 10.4
0
10.4
18.5
29
0
0
4
0
0
0
0
10.0
50.0
107.0
0
0
0
0
0
0
100
0
0
** MICHELS CORP., Brownsville, Wis., U.S.A.†
9.2
398.3
398.3
0
0
0
0
0
0
0
0
0
224 205 WHARTON-SMITH INC., Lake Monroe, Fla., U.S.A.†
8.5
129.3
213.5
0
0
0
0
100
0
0
0
0
225 217 CONESTOGA-RIVERS & ASSOCIATES, Niagara Falls, N.Y., U.S.A.†
7.5
20.5
17.0
0
0
0
0
0
0
0
100
0
222 207 NOVA GROUP INC., Napa, Calif., U.S.A. 223
August 22/29, 2005
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Top 225 Directory
Where To Find The Top 225 International Contractors FIRM
RANK
A ABB Lummus Global Grupo ACS Aecon Group Inc. Aker Kvaerner ASA Alberici Corp. Alarko Contracting Group AMEC plc American Bridge Co. The Arab Contractors (O.A.O & Co.) Arabian Construction Co. ARB Inc. Astaldi SpA The Austin Co.
61 15 117 34 144 100 13 178 88 87 174 49 191
B Balfour Beatty plc 24 Royal BAM Groep nv 9 Bauer Spezialtiefbau GmbH 86 Baytur Construction and Contracting 179 Co. BE&K Inc. 199 Bechtel 5 The Beck Group 193 Beijing Construction Eng’g Group Co. 181 Beijing Municipal Engineering Group 176 Co. Beijing Uni-Construction Group 183 Co. Ltd. Beijing Urban Construction Group 212 Co. Bennett Construction 157 William A. Berry & Son Inc. 182 BESIX SA 51 Bilfinger Berger AG 10 Bird Construction Co. Ltd. 169 Black & Veatch 97 BOUYGUES 6 Bovis Lend Lease 14
C Caddell Construction 141 Construcoes e Comercio Camargo 203 Correa CB&I 41 CCC Group Inc. 207 CEGELEC 25 Centex 59 CH2M Hill Cos. Ltd. 94 China CAMC Engineering Co. Ltd. 156 China Chongqing Int’l Construction 195 China Chongqing Int’l Corp. for 221 Eco. & Tech. Coop. China Civil Engineering Constr. Corp. 69 China Electric Power Tech. Import & 201 Export China Gezhouba Construction Co. 154 China Harbour Engineering Co. 39 China Henan Int’l Cooperation 161 Group Co. China HuanQiu Contracting & Eng’g 173 Corp. China Int’l Water & Electric 103 Corp. (CWE) China Jiangsu Construction Group 196 Corp. China Jiangsu Int’l Econ.-Tech. Coop. 123 China Jiangxi Corp. For Int’l Eco. & 198 Tech. China Liaoning Int’l Eco. & Tech. 208 Coop.
54
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FIRM
RANK
China Metallurgical Constr. (Grp.) 101 Corp. China National Chemical Eng’g 102 Corp. China National Electric Equipment 187 Co. China National Machinery & Eqpt. 47 Corp. China National Overseas Eng’g 126 Corp. China Nat’l Complete Plant Imp. & 158 Exp. Corp. China Nat’l Machinery Import & 131 Export Corp. China Nonferrous Metal Ind. Foreign 150 Eng’g & Const. China Petroleum Eng’g & Constr. 58 Corp. China Petroleum Pipeline Eng’g 190 China Railway Construction Corp. 167 China Railway Engineering Corp. 48 China Road & Bridge Corp. 84 China Shanghai SFECO 149 China Shenyang Int’l Eco. & Tech. 209 Coop. China Sichuan Int’l Cooperation 215 Co. Ltd. China State Construction Eng’g Corp. 17 China Wanbao Engineering Corp. 116 China Wu Yi Corp. Ltd. 142 China Zhongyuan Engineering Corp. 171 Chiyoda Corp. 27 Clough Ltd. 95 Societa Italiana Per Condotte 140 D’Acqua SpA Conestoga-Rivers & Associates 225 18 Consolidated Contractors Int’l Co. Construtora Andrade Gutierrez SA 82 Construtora Norberto Odebrecht 21 Contracting And Trading “C.A.T.” 110 Cos. C.M.C. di Ravenna 114 CTCI Corp. 90
DEF Daewoo E&C Co. Ltd. 65 Daewoo Engineering Co. 216 Day & Zimmermann Group 180 Descon Engineering Ltd. 147 Dick Corp. 132 Dogus Insaat Ve Ticaret AS 143 Earth Tech Inc. 72 Ebara Corp. 129 EIFFAGE 22 Energoprojekt Group 155 Enka Construction & Industry 52 Co. Inc. The Facility Group 163 FCC, Fomento de Constr. y Contratas 44 Ferrovial 11 FIMAG Finanz Industrie Mgmt. AG 8 Fluor Corp. 12 Foster Wheeler Ltd. 23
GHI GAMA Ghella SpA Glavbolgarstroy AD Graham Group Ltd. Grandi Lavori Fincosit SpA Granit Construction Stock Co.
64 106 165 128 168 127
FIRM
RANK
Graycor Great Lakes Dredge & Dock Corp. Grinaker-LTA Ltd. Guangdong Xinguang Int’l Group Hanjin Heavy Ind. & Constr. Co. B.L. Harbert International Harbin Power Engineering Co. Ltd. Hazama Corp. Hazinedaroglu Construction Group Heberger Bau GmbH Heerema Fabrication Group Hensel Phelps Construction Co. Hindustan Construction Co. Ltd. HITT Contracting Inc. Hochtief AG Hyundai Engineering & Constr. Co. ICOM Engineering SpA IMPREGILO SpA Industrial Dev’t & Renovation Org. of Iran Insituform Technologies Inc. Intecsa Uhde Industrial SA Italian-Thai Development PCL
194 153 62 146 151 137 139 96 162 125 108 185 166 217 1 31 219 33 188 130 145 133
JKL Jacobs 32 JGC Corp. 16 Joannou & Paraskevaides (Overseas) 37 Ltd. Kajima Corp. 20 KBR 3 Kharafi National 118 Kiewit Corp. 80 Kinden Corp. 109 Kullman Industries. 159 Kumagai Gumi Co. Ltd. 83 Lease Crutcher Lewis 200 Leighton Holdings Ltd. 46 Limak Construction Industry & 202 Trade Inc. Long Jian Road & Bridge Ltd. Co. 218
MNO Maeda Corp. 76 Manhattan Construction Co. 192 McConnell Dowell Corp. 115 Michels Corp. 223 Morganti Group Inc. 111 MWH 177 National Petroleum Construction Co. 85 NECSO Entrecanales Cubiertas SA 67 Nishimatsu Construction Co. Ltd. 55 Nova Group Inc. 222 Nurol Construction and Trading Co. 113 Obayashi Corp. 28 Obrascon Huarte Lain SA (OHL SA) 43 OPCA SA 206 Orascom Construction Industries 63 Orion Marine Group 214
PQR Parsons PCL Construction Enterprises Penta-Ocean Construction Co. Ltd. Perini Corp. Petrofac Ltd. E. Pihl & Son AS Pomerleau Prezioso Quattrogemini Ltd. Rizzani de Eccher SpA
112 26 73 77 38 75 204 120 93 71
FIRM
RANK
S SADE - CGTH 99 Salini Costruttori SpA 119 Samsung Corp. 60 Samsung Engineering Co. Ltd. 53 Santos CMI Construction Inc. 211 SEI Engineering Inc. 172 Shandong Electric Power Constr. 105 Shanghai Constr. (Group) General Co. 68 The Shaw Group Inc. 78 Shimizu Corp. 42 Sichuan Electric Power Imp. & 213 Exp. Corp. Sinohydro Corp. 81 SK Engineering & Construction Co. 104 Skanska AB 2 SKE Group 79 Snamprogetti 19 Soares Da Costa - Grupo SGPS 91 Solel Boneh International Ltd. 89 SOLETANCHE BACHY 56 Soyak Co. 170 Ssangyong Engineering & Constr. 175 Co. STFA Construction Group 122 Structure Tone Inc. 107 Sumitomo Mitsui Construction 98 Co. Ltd. Summa Turizm Yatirimciligi AS 136
T Taikisha Ltd. Taisei Corp. Takenaka Corp. Techint Group TECHNIP Tecnicas Reunidas SA Tecnimont SpA Tekfen Construction & Installation Co. Tetra Tech Inc. TIC Holdings Inc. TML Construction Co. Toda Corp. Torcon Inc. Toyo Engineering Corp. Tractebel Engineering Transtech Engineering Corp. TSO Turner Industries Group LLC Tutor-Saliba Corp.
50 29 36 35 7 57 40 92 205 197 220 138 160 30 70 184 189 164 152
UVW 148 54 4 124 45 134 224 66
VECO Corp. Veidekke ASA VINCI Walbridge Aldinger Washington Group Int’l Weston Solutions Inc. Wharton-Smith Inc. WorleyParsons
XYZ Xinjiang Beixin Constr. & Eng’g Co. Ltd. Yapi Merkezi Insaat ve Sanayi AS Zachry Construction Corp. Zhejiang Constr. Investment Group Co. Ed. Zublin AG
210 135 186 121 74
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䊲
Top 225
The Top Global Contractors
T
Large construction firms recently have been steadily growing through diversification in markets and in the services they provide, and through their appetite for acquisition. This year’s ENR Top 225 Global Contractors list shows just how big some firms are getting, with 17 contractors topping the $10-billion revenue mark. Only 10 firms worked at that level last year. But there are fears that the construction giants, with their financing and development capacity, are more and more able to simply buy volume.
The Top 225 Global Contractors (Based on Total Firm Contracting Revenue) RANK 2005 2004 FIRM
NEW 2004 REVENUE ($ MIL.) CONTRACTS IN TOTAL INTERNATIONAL 2004 ($ MIL.)
GEN. BLDG.
MFG.
MARKETS (% OF 2004 GLOBAL REVENUE) WATER SEWER./ INDUS./ HAZ. POWER SUPPLY WASTE PETRO. TRANSP. WASTE
TELECOMM.
1
1 VINCI, Rueil-Malmaison, Cedex, France
24,268.0
9,202.0
24,186.0
18
0
7
3
0
3
44
0
6
2
2 BOUYGUES, Saint-Quentin-en-Yvelines, France
20,148.0
7,464.0
21,353.0
33
0
5
1
1
1
57
1
0
3
9 HOCHTIEF AG, Essen, Germany
14,975.3 12,632.0
19,394.3
59
2
1
2
1
4
18
0
3
4
8 GRUPO ACS, Madrid, Spain
14,929.7
2,453.5
NA
19
0
11
3
14
17
35
0
1
5
5 BECHTEL, San Francisco, Calif., U.S.A.
14,424.0
8,105.0
12,855.0
0
1
14
0
1
23
30
25
6
6
3 SKANSKA AB, Solna, Sweden
14,138.3 11,436.3
16,590.0
56
1
4
1
2
8
25
0
1
7
7 TAISEI CORP., Tokyo, Japan
13,757.0
1,327.0
14,620.0
66
9
1
4
3
0
12
0
0
8
6 KAJIMA CORP., Tokyo, Japan
13,213.5
1,935.4
15,667.3
59
11
1
3
3
2
10
0
0
9
4 SHIMIZU CORP., Tokyo, Japan
12,596.8
846.5
12,574.3
60
9
1
1
1
7
8
0
1
10
10 OBAYASHI CORP., Tokyo, Japan
12,565.0
1,390.0
11,548.0
59
8
1
3
3
4
18
1
1
11
14 CHINA RAILWAY ENGINEERING CORP., Beijing, China
11,612.6
678.6
16,881.0
12
5
0
0
0
0
68
0
0
12
17 KBR, Houston, Texas, U.S.A.
10,899.4
9,830.8
2,379.6
6
0
0
0
0
17
0
0
0
13
12 TAKENAKA CORP., Osaka, Japan
10,799.0
1,001.0
10,796.0
73
16
0
0
1
0
6
0
0
14
11 CENTEX, Dallas, Texas, U.S.A.
10,670.1
452.1
12,714.9
99
0
0
0
0
0
1
0
0
15
15 CHINA RAILWAY CONSTRUCTION CORP., Beijing, China
10,493.2
48.3
17,668.9
10
0
3
1
2
0
83
0
0
16
** EIFFAGE, Issy les Moulineaux, France
10,482.0
1,717.0
10,001.0
35
19
10
0
5
1
28
0
1
17
16 CHINA STATE CONSTRUCTION ENG’G CORP., Beijing, China 10,271.7
2,124.3
13,957.5
76
4
2
1
1
5
9
0
0
18
23 FERROVIAL, Madrid, Spain
9,855.0
3,650.0
NA
41
0
0
10
13
0
35
0
0
19
13 ROYAL BAM GROEP NV, Bunnik, The Netherlands
9,108.0
5,027.0
NA
54
0
0
0
0
0
46
0
0
20
20 FIMAG FINANZ INDUSTRIE MGMT. AG, Spittal/Drau, Austria
8,131.3
5,993.4
9,198.2
31
0
0
1
5
6
43
0
0
21
24 BALFOUR BEATTY PLC, London, U.K.
7,633.0
1,661.0
7,295.0
35
0
11
3
2
1
42
0
0
22
22 BILFINGER BERGER AG, Mannheim, Germany
7,602.0
4,915.0
7,636.0
39
0
2
0
4
18
37
0
0
23
18 FCC, FOMENTO DE CONSTR. Y CONTRATAS, Madrid, Spain
7,359.1
794.8
8,829.9
34
0
3
5
7
3
46
0
2
24
19 FLUOR CORP., Aliso Viejo, Calif., U.S.A.
6,906.6
3,635.6
13,028.6
18
4
9
0
0
49
6
13
0
25
25 TECHNIP, Paris La Defense Cedex, France
6,484.0
6,377.0
6,966.0
0
0
1
0
0
99
0
0
0
26
21 AMEC PLC, London, U.K.
6,005.0
3,219.0
2,044.0
28
3
3
2
0
28
27
2
8
27
28 CHINA METALLURGICAL CONSTR. CORP., Beijing, China
6,003.0
197.0
7,973.0
13
4
1
0
1
74
3
0
0
28
30 BOVIS LEND LEASE, Harrow, Middlesex, U.K.
5,088.0
3,204.0
6,995.0
37
0
0
0
0
1
3
0
2
29
34 LEIGHTON HOLDINGS LTD., St. Leonards, NSW, Australia 4,622.0
759.0
NA
18
0
1
0
4
4
34
0
5
30
27 TODA CORP., Tokyo, Japan
84.0
4,227.0
74
3
1
4
3
6
8
0
0
58
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HOW TO USE THE TABLES
POWER=thermal and hydroelectric powerplants, waste-to-energy plants, transmission lines, substations, cogeneration plants, etc.
䊳
COMPANIES are ranked on the Top Global Contractors list by their total 2004 construction contracting revenue, both at home and abroad. This differs from the Top International Contractors ranking (pp. 48-51, 54-55), which ranks firms based only on revenue from projects outside of their home countries. Revenue is in U.S. $ millions. Firms not ranked last year are designated **. Markets may not add up to 100% due to omission of “other” miscellaneous market category and rounding.
䊳
䊳
FIGURES: Includes prime contracts, shares of joint ventures, subcontracts, design-
construct contracts and construction management “at-risk” contracts when a firm’s risks are similar to those of a general contractor. Figures also include the value of installed equipment when a firm has prime responsibility for specifying and procuring it within the scope of a construction contract. 䊳
GENERAL BUILDING=commercial buildings, offices, stores, educational facilities,
government buildings, hospitals, medical facilities, hotels, apartments, housing, etc. 䊳
WATER SUPPLY=dams, reservoirs, transmission pipelines, distribution mains, irrigation canals, desalination and drinking water treatment plants, pumping stations, etc.
䊳
䊳 SEWERAGE/SOLID WASTE=sanitary and storm sewers, treatment plants, pumping plants, incinerators, industrial waste facilities, etc.
INDUSTRIAL PROCESS=pulp and paper mills, steel mills, nonferrous metal refineries, pharmaceutical plants, chemical plants, food and other processing plants, etc.
䊳
䊳
PETROLEUM=refineries, petrochemical plants, offshore facilities, pipelines, etc.
䊳
TRANSPORTATION=airports, bridges, roads, canals, locks, dredging, marine facilities,
piers, railroads, tunnels, etc. 䊳
HAZARDOUS WASTE=chemical and nuclear waste treatment, asbestos and lead
abatement, etc. 䊳
TELECOMMUNICATIONS=transmission lines and cabling, towers and antennae, etc.
MANUFACTURING=auto assembly, electronic assembly, textile plants, etc.
RANK 2005 2004 FIRM
NEW 2004 REVENUE ($ MIL.) CONTRACTS IN TOTAL INTERNATIONAL 2004 ($ MIL.)
GEN. BLDG.
MFG.
MARKETS (% OF 2004 GLOBAL REVENUE) WATER SEWER./ INDUS./ HAZ. POWER SUPPLY WASTE PETRO. TRANSP. WASTE
TELECOMM.
31
40 CHINA HARBOUR ENGINEERING CO., Beijing, China
4,429.7
925.2
5,580.3
1
14
0
1
0
0
18
0
0
32
26 SUMITOMO MITSUI CONSTRUCTION CO. LTD., Tokyo, Japan 4,329.0
207.0
4,329.0
65
4
0
2
3
4
18
0
0
33
31 HYUNDAI ENGINEERING & CONSTR. CO., Seoul, S. Korea
4,224.8
1,287.1
6,312.0
44
0
10
1
1
17
25
0
0
34
43 DAEWOO E&C CO. LTD., Seoul, S. Korea
4,217.5
434.4
5,357.8
61
0
2
2
4
10
21
0
0
35
32 MAEDA CORP., Tokyo, Japan
4,116.0
340.0
3,625.0
56
3
1
1
3
0
21
0
0
36
29 NISHIMATSU CONSTRUCTION CO. LTD., Tokyo, Japan
4,029.8
563.9
4,114.7
56
4
4
6
5
0
18
0
7
37
33 KANDENKO CO. LTD., Tokyo, Japan
3,979.0
4.7
3,847.8
45
0
46
0
0
0
0
0
10
38
** CEGELEC, Brussels, Belgium
3,931.0
1,566.0
3,509.0
27
9
10
2
1
18
8
2
14
39
** SAMSUNG CORP., Sungnam-si, S. Korea
3,911.1
443.0
453.0
48
27
3
1
1
1
17
0
0
40
41 SHANGHAI CONSTR. (GRP.) GENERAL CO., Shanghai, China 3,810.8
381.2
3,683.2
66
8
0
0
0
0
17
0
0
41
39 IMPREGILO SPA, Milan, Italy
3,763.0
1,175.0
4,930.0
3
0
0
16
6
0
68
0
0
42
35 KINDEN CORP., Osaka, Japan
3,756.0
172.0
3,650.0
2
2
0
0
0
1
0
0
0
43
38 NECSO ENTRECANALES CUBIERTAS SA, Madrid, Spain
3,555.0
397.0
4,737.0
45
1
3
5
1
0
45
0
0
44
37 KIEWIT CORP., Omaha, Neb., U.S.A.
3,236.3
305.8
2,540.5
10
1
9
8
1
7
61
0
0
45
44 SNAMPROGETTI, Milan, Italy
3,217.0
1,937.0
1,903.0
0
0
2
0
3
72
23
0
0
46
47 PENTA-OCEAN CONSTRUCTION CO. LTD., Tokyo, Japan
3,064.5
367.1
3,156.5
37
7
0
6
7
6
38
0
0
47
46 JGC CORP., Yokohama, Japan
3,029.0
2,306.0
3,396.0
1
0
1
0
0
95
1
1
1
48
56 CHINA ROAD & BRIDGE CORP., Beijing, China
2,990.7
290.6
4,044.3
1
1
0
0
0
0
93
0
0
49
53 SINOHYDRO CORP., Beijing, China
2,989.9
303.2
4,639.2
14
4
78
1
0
0
1
0
0
50
49 CLARK CONSTRUCTION GROUP, Bethesda, Md., U.S.A.
2,887.0
0.0
2,624.5
82
0
0
0
0
0
14
0
0
51
42 OBRASCON HUARTE LAIN SA (OHL SA), Madrid, Spain
2,774.2
825.2
3,281.5
24
0
0
5
4
0
60
0
0
52
** GRUPO SACYR, Madrid, Spain
2,772.0
0.0
NA
29
0
0
7
0
0
64
0
0
53
55 WASHINGTON GROUP INT’L, Boise, Idaho, U.S.A.
2,771.9
768.0
2,671.9
4
5
34
2
0
7
13
32
0
54
51 JACOBS, Pasadena, Calif., U.S.A.
2,565.8
1,198.0
6,242.0
1
5
2
1
1
67
15
10
0
55
36 KUMAGAI GUMI CO. LTD., Tokyo, Japan
2,542.0
299.0
2,148.0
55
5
1
9
4
0
21
0
0
56
62 WHITING-TURNER CONTRACTING CO., Baltimore, Md., U.S.A. 2,530.0
0.0
3,301.0
81
5
1
1
1
4
6
0
1
57
57 GILBANE BUILDING CO., Providence, R.I., U.S.A.
2,515.8
0.0
2,722.5
80
0
2
0
2
8
3
0
5
58
59 PCL CONSTRUCTION ENTERPRISES, Denver, Colo., U.S.A.
2,321.0
1,480.0
3,172.0
67
1
2
1
2
14
13
0
0
59
83 BEIJING CONSTRUCTION ENG’G GROUP CO., Beijing, China
2,224.5
37.9
1,995.2
67
6
3
6
5
8
4
0
0
60
74 CONSTRUTORA NORBERTO ODEBRECHT, Sao Paulo, Brazil
2,205.0
1,729.0
2,313.0
6
0
20
9
5
6
49
0
0
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䊲
Top 225
The Top 225 Global Contractors NEW 2004 REVENUE ($ MIL.) CONTRACTS IN TOTAL INTERNATIONAL 2004 ($ MIL.)
RANK 2005 2004 FIRM
GEN. BLDG.
MFG.
MARKETS (% OF 2004 GLOBAL REVENUE) WATER SEWER./ INDUS./ HAZ. POWER SUPPLY WASTE PETRO. TRANSP. WASTE
TELECOMM.
61
** SK ENGINEERING & CONSTRUCTION CO., Seoul, S. Korea
2,181.1
189.3
2,778.7
53
0
1
0
0
12
15
0
17
62
64 CONSOLIDATED CONTRACTORS INT’L CO., Athens, Greece
2,119.8
2,119.8
1,989.1
10
0
0
2
7
66
15
0
0
63
48 THE SHAW GROUP INC., Baton Rouge, La., U.S.A.
2,108.5
322.9
2,466.5
7
0
39
2
2
18
2
29
2
64
71 GRANITE CONSTRUCTION, Watsonville, Calif., U.S.A.
2,108.3
0.0
2,588.4
2
0
0
2
0
0
62
0
0
65
61 STRUCTURE TONE INC., New York, N.Y., U.S.A.
2,070.0
175.0
2,198.0
86
0
0
0
0
2
2
0
10
66
65 HENSEL PHELPS CONSTRUCTION, Greeley, Colo., U.S.A.
2,041.1
35.9
1,834.6
76
9
0
0
0
0
16
0
0
67
75 CHIYODA CORP., Yokohama, Japan
1,992.0
1,469.0
3,429.0
0
4
70
0
0
26
0
0
0
68
63 APAC, Atlanta, Ga., U.S.A.
1,958.0
0.0
1,806.0
0
0
0
0
0
0
100
0
0
69
68 THE WALSH GROUP, Chicago, Ill., U.S.A.
1,955.0
0.0
2,602.2
38
0
0
14
9
0
39
0
0
70
70 ED. ZUBLIN AG, Stuttgart, Germany
1,950.0
360.0
2,020.0
52
8
7
10
8
11
0
0
0
71
45 FOSTER WHEELER LTD., Clinton, N.J., U.S.A.
1,942.0
1,671.0
1,639.0
0
0
43
0
0
52
0
3
0
72
52 HAZAMA CORP., Tokyo, Japan
1,910.0
219.0
1,711.0
41
4
3
13
10
7
21
1
1
73
78 ZHEJIANG CONSTR. INVEST. GROUP CO., Hangzhou, China 1,909.1
118.8
2,213.1
63
2
12
0
1
13
8
0
1
74
73 CB&I, The Woodlands, Texas, U.S.A.
1,897.0
900.0
2,614.0
0
0
2
10
1
84
0
0
0
75
72 SWINERTON INC., San Francisco, Calif., U.S.A.
1,891.0
0.0
NA
100
0
0
0
0
0
0
0
0
76
66 TAIKISHA LTD., Tokyo, Japan
1,846.2
629.8
1,884.9
37
54
0
0
0
6
2
0
0
77
79 PERINI CORP., Framingham, Mass., U.S.A.
1,842.0
336.0
1,327.0
75
1
17
0
2
0
6
0
0
78
54 BEIJING URBAN CONSTRUCTION GROUP CO., Beijing, China 1,685.9
15.1
2,743.9
79
0
0
0
1
2
16
0
1
79
60 AKER KVAERNER ASA, Lysaker, Norway
1,640.9
1,154.1
1,008.8
0
0
16
0
0
84
0
0
0
80
84 TOYO ENGINEERING CORP., Chiba, Japan
1,640.0
1,304.0
1,448.0
0
9
34
0
0
56
0
0
0
81
76 J.E. DUNN GROUP, Kansas City, Mo., U.S.A.
1,633.3
0.0
2,730.0
97
0
0
0
0
0
2
0
0
82
80 VEIDEKKE ASA, Oslo, Norway
1,617.9
599.9
1,087.0
80
0
2
0
0
4
13
0
0
83
69 HUNT CONSTRUCTION, Scottsdale, Ariz., U.S.A.
1,600.0
0.0
885.0
82
0
0
0
0
2
16
0
0
84 102 SAMSUNG ENGINEERING CO. LTD., Seoul, S. Korea
1,586.0
603.0
1,034.0
10
37
0
0
16
36
0
0
0
85
93 THE YATES COS. INC., Philadelphia, Miss., U.S.A.
1,440.7
2.5
1,742.4
71
14
5
0
0
3
6
0
0
86
77 MCCARTHY BUILDING COS., St. Louis, Mo., U.S.A.
1,403.0
0.0
2,767.0
87
2
0
1
0
2
7
0
0
87
94 ASTALDI SPA, Rome, Italy
1,347.6
670.2
2,169.8
19
0
1
6
7
3
63
0
0
88
82 THE ARAB CONTRACTORS (O.A.O & CO.), Cairo, Egypt
1,341.5
261.2
1,389.0
34
0
1
16
19
3
26
0
1
89 106 SADE - CGTH, Paris, France
1,276.5
206.5
194.9
0
0
0
68
32
0
0
0
0
90
97 BRASFIELD & GORRIE LLC, Birmingham, Ala., U.S.A.
1,250.4
0.0
1,588.0
87
0
0
0
10
1
1
0
0
91
90 AUSTIN INDUSTRIES, Dallas, Texas, U.S.A.
1,227.4
0.0
1,104.6
25
0
1
0
0
18
54
0
1
92
87 WEBCOR BUILDERS, San Mateo, Calif., U.S.A.
1,227.0
0.0
1,554.1
100
0
0
0
0
0
0
0
0
93
67 TECHINT GROUP, Milan, Italy
1,213.0
1,042.0
781.0
3
6
16
2
0
72
1
0
0
94 108 SSANGYONG ENGINEERING & CONSTR. CO., Seoul, S. Korea
1,171.0
41.0
1,080.0
61
0
6
1
0
0
33
0
0
95 109 BESIX SA, Brussels, Belgium
1,167.8
627.0
1,860.5
59
0
1
0
1
8
24
0
5
96 100 CHINA NATIONAL MACHINERY & EQPT. CORP., Beijing, China
1,138.0
708.0
1,792.0
5
1
4
23
18
16
20
9
4
97
91 GRINAKER-LTA LTD., Kempton Park, South Africa
1,128.0
439.8
1,128.0
14
11
2
10
0
16
10
0
0
98
85 TIC HOLDINGS INC., Steamboat Springs, Colo., U.S.A.
1,100.1
24.5
993.1
0
0
36
11
18
31
4
0
0
1,093.8
37.0
546.5
90
1
0
0
0
10
0
0
0
100
99 104 BEIJING UNI-CONSTRUCTION GROUP CO., Beijing, China 92 M.A. MORTENSON CO., Minneapolis, Minn., U.S.A.
1,085.4
0.6
870.7
86
4
6
0
0
0
4
0
0
101
81 EBARA CORP., Tokyo, Japan
1,048.1
94.5
797.2
0
0
2
12
83
0
0
4
0
102 116 CHINA NATIONAL CHEMICAL ENG’G CORP., Beijing, China
1,042.0
192.0
1,462.0
7
0
19
2
2
64
0
0
0
103
1,003.0
100.0
1,089.0
19
61
0
1
14
0
6
0
0
104 119 HANJIN HEAVY INDUSTRIES & CONSTR., Seoul, S. Korea
985.0
65.0
1,671.0
39
0
0
13
0
0
48
0
0
105
95 BARTON MALOW CO., Southfield, Mich., U.S.A.
975.1
0.0
1,085.0
89
6
1
0
1
0
3
0
0
106
96 JOANNOU & PARASKEVAIDES (OVERSEAS) LTD., Guernsey, U.K. 967.3
967.3
991.4
34
0
3
2
2
8
51
0
0
107
99 ZACHRY CONSTRUCTION CORP., San Antonio, Texas, U.S.A. 966.0
35.8
1,238.2
6
0
33
0
0
29
31
0
1
108
** TECNIMONT SPA, Milan, Italy
965.0
901.0
560.0
0
0
6
0
0
94
0
0
0
109
** PETROFAC LTD., Jersey, Channel Islands, U.K.
964.2
964.2
1,446.6
0
0
0
0
0
100
0
0
0
952.0
0.8
1,048.0
98
0
0
0
0
2
0
0
0
98 WALBRIDGE ALDINGER, Detroit, Mich., U.S.A.
110 107 THE WEITZ CO., Des Moines, Iowa, U.S.A.
60
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25 50 75 95
The Top 225 Global Contractors RANK 2005 2004 FIRM
111 140 MARNELL CORRAO ASSOCIATES, Las Vegas, Nev., U.S.A. 112
NEW 2004 REVENUE ($ MIL.) CONTRACTS IN TOTAL INTERNATIONAL 2004 ($ MIL.)
GEN. BLDG.
MFG.
MARKETS (% OF 2004 GLOBAL REVENUE) WATER SEWER./ INDUS./ HAZ. POWER SUPPLY WASTE PETRO. TRANSP. WASTE
TELECOMM.
949.0
0.0
422.0
98
0
0
0
0
0
2
0
0
** SOCIETA ITALIANA PER CONDOTTE D’ACQUA SPA, Rome, Italy 944.0
81.2
1,645.1
3
0
0
5
0
0
91
0
0 0
113 121 SHANDONG ELECTRIC POWER CONSTR., Jinan City, China
935.9
188.4
1,298.1
0
0
100
0
0
0
0
0
114 152 CHINA GEZHOUBA CONSTRUCTION CO., Yichang City, China
932.2
59.4
1,052.2
9
0
56
9
0
17
9
0
0
115 112 SOLETANCHE BACHY, Nanterre, France
926.0
548.0
851.0
16
3
21
7
9
3
40
1
0
116 113 SUFFOLK CONSTRUCTION CO., Boston, Mass., U.S.A.
888.3
0.0
1,259.1
100
0
0
0
0
0
0
0
0
117
880.0
0.0
945.0
66
2
0
0
0
28
0
0
4
118 115 MANHATTAN CONSTRUCTION CO., Tulsa, Okla., U.S.A.
860.4
30.0
1,074.0
93
0
0
0
0
0
7
0
0
119
86 DPR CONSTRUCTION, Redwood City, Calif., U.S.A.
89 PARSONS, Pasadena, Calif., U.S.A.
832.1
144.0
1,629.0
21
0
0
2
2
21
43
11
0
120 111 RSEA ENGINEERING CORP., Taipei, Taiwan
830.5
0.4
490.1
24
0
3
0
0
0
73
0
0
121 122 OPUS GROUP, Minnetonka, Minn., U.S.A.
829.1
0.0
1,013.0
100
0
0
0
0
0
0
0
0
122 101 PEPPER CONSTRUCTION GROUP, Chicago, Ill., U.S.A.
828.2
0.0
771.7
94
0
0
0
2
3
0
0
0
123 118 TURNER INDUSTRIES GROUP, Baton Rouge, La., U.S.A.
823.1
48.8
186.2
0
0
6
0
0
92
0
2
0
124 103 DICK CORP., Pittsburgh, Pa., U.S.A.
806.0
92.0
578.0
74
0
0
3
0
0
22
0
0
125 120 AECON GROUP INC., Toronto, Ontario, Canada
788.1
130.1
788.0
36
6
23
0
1
5
19
0
5
126 137 THE LANE CONSTRUCTION CORP., Meriden, Conn., U.S.A.
785.0
0.0
998.0
0
0
0
0
0
0
100
0
0
127 130 TECNICAS REUNIDAS SA, Madrid, Spain
781.0
547.0
800.0
1
0
19
0
3
75
2
0
0
128 132 ENKA CONSTRUCTION & INDUSTRY CO. INC., Istanbul, Turkey 760.6
614.2
1,926.7
39
0
4
2
0
30
21
0
0
1,200.0
34
4
15
0
1
43
2
0
1
129 114 BE&K INC., Birmingham, Ala., U.S.A.
758.6
23.8
130 138 CH2M HILL COS. LTD., Denver, Colo., U.S.A.
709.4
226.5
NA
6
13
8
14
7
24
5
15
6
131 127 VALLEYCREST COS., Calabasas, Calif., U.S.A.
705.0
0.0
NA
100
0
0
0
0
0
0
0
0
132 123 RUDOLPH & SLETTEN INC., Foster City, Calif., U.S.A.
697.5
0.0
1,490.0
85
1
0
0
0
14
0
0
0
133 126 E. PIHL & SON AS, Kgs. Lyngby, Denmark
693.1
353.8
846.3
46
5
4
0
3
15
27
0
0
134
689.1
40.6
896.0
2
0
2
5
21
0
48
0
1
135 129 THE BECK GROUP, Dallas, Texas, U.S.A.
658.7
28.2
526.2
100
0
0
0
0
0
0
0
0
136 139 ITALIAN-THAI DEVELOPMENT PCL, Bangkok, Thailand
657.0
92.0
543.0
19
1
10
5
3
11
39
0
4
137 125 SOARES DA COSTA - GRUPO SGPS, Porto, Portugal
656.1
250.9
502.0
51
0
0
2
0
0
47
0
0
138 155 CONSTRUTORA ANDRADE GUTIERREZ SA, Sao Paulo, Brazil
643.9
300.3
262.5
4
0
21
7
4
11
52
0
0
139 144 ORASCOM CONSTRUCTION INDUSTRIES, Cairo, Egypt
642.2
436.0
1,094.0
43
0
7
3
2
27
15
0
3
140
630.0
373.0
696.0
15
0
0
18
49
0
0
17
0 0
** BEIJING MUNICIPAL ENGINEERING GROUP CO., Beijing, China
** EARTH TECH INC., Long Beach, Calif., U.S.A.
141 143 THE FLINTCO COS. INC., Tulsa, Okla., U.S.A.
615.0
0.0
725.0
100
0
0
0
0
0
0
0
142
** GUANGDONG XINGUANG INT’L GROUP, Guangzhou, China
611.4
73.9
478.1
63
11
0
0
3
3
20
0
0
143
** MATRIX SERVICE CO., Tulsa, Okla., U.S.A.
607.9
4.5
436.5
0
0
52
0
1
45
0
0
0
144 149 DUKE CONSTRUCTION, Indianapolis, Ind., U.S.A.
600.1
0.0
480.0
96
0
0
0
0
0
4
0
0
145 156 HITT CONTRACTING INC., Fairfax, Va., U.S.A.
600.0
13.3
480.0
95
0
3
0
0
1
1
0
0
146 215 TEKFEN CONSTRUCTION & INSTALLATION CO., Istanbul, Turkey
593.0
249.0
506.0
4
0
7
0
2
68
6
0
0
147 161 HOLDER CONSTRUCTION CO., Atlanta, Ga., U.S.A.
592.0
0.0
723.8
66
0
0
0
0
0
0
0
34
148 135 ALBERICI CORP., St. Louis, Mo., U.S.A.
586.6
75.7
1,468.1
23
41
4
2
8
17
2
0
0
149 157 C.M.C. DI RAVENNA, Ravenna, Italy
583.4
136.5
561.9
18
0
0
8
4
0
71
0
0
150 141 SUNDT CONSTRUCTION INC., Tempe, Ariz., U.S.A.
583.1
0.0
673.0
70
0
0
5
11
0
15
0
0
151 134 DAY & ZIMMERMANN GROUP, Philadelphia, Pa., U.S.A.
579.0
38.0
558.0
23
1
73
0
0
4
0
0
0
152 146 TEICHERT CONSTRUCTION, Sacramento, Calif., U.S.A.
577.0
0.0
613.0
75
0
0
5
0
0
20
0
0
153 133 THE HASKELL CO., Jacksonville, Fla., U.S.A.
570.8
5.9
455.6
49
7
0
8
4
25
8
0
0
154 128 TUTOR-SALIBA CORP., Sylmar, Calif., U.S.A.
564.0
63.0
642.0
42
0
0
0
0
0
58
0
0
155 159 NATIONAL PETROLEUM CONSTRUCTION CO., Abu Dhabi, U.A.E.
564.0
289.8
570.2
0
0
0
0
0
100
0
0
0
156
554.6
48.3
395.4
2
0
0
0
0
0
98
0
0
** GRANDI LAVORI FINCOSIT SPA, Rome, Italy
157 145 KOKOSING CONSTRUCTION CO., Fredericktown, Ohio, U.S.A.
554.0
2.3
570.1
18
1
1
2
13
15
44
0
0
158
548.8
225.0
266.9
8
0
2
0
0
73
2
0
2
159 151 BAUER SPEZIALTIEFBAU GMBH, Schrobenhausen, Germany
540.8
286.5
264.2
32
1
9
7
4
19
18
6
2
160 174 GAMA, Ankara, Turkey
538.9
435.4
742.9
11
0
38
1
0
38
12
0
0
** CLOUGH LTD., Perth, WA, Australia
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䊲
Top 225
The Top 225 Global Contractors NEW 2004 REVENUE ($ MIL.) CONTRACTS IN TOTAL INTERNATIONAL 2004 ($ MIL.)
RANK 2005 2004 FIRM
GEN. BLDG.
MFG.
MARKETS (% OF 2004 GLOBAL REVENUE) WATER SEWER./ INDUS./ HAZ. POWER SUPPLY WASTE PETRO. TRANSP. WASTE
TELECOMM.
161 142 KRAUS-ANDERSON CONSTR., Minneapolis, Minn., U.S.A.
534.0
0.0
667.0
100
0
0
0
0
0
0
0
0
162
531.0
94.0
596.0
0
0
0
0
95
5
0
0
0
163 175 CTCI CORP., Taipei, Taiwan
524.9
252.4
738.2
3
1
18
0
7
55
14
2
0
164 163 INDUSTRIAL DEV’T & RENOVATION ORG. OF IRAN, Tehran, Iran
524.6
34.9
1,594.6
5
16
6
3
0
66
3
0
0
165 196 RIZZANI DE ECCHER SPA, Udine, Italy
522.1
373.2
369.1
49
0
0
0
0
0
51
0
0
166 124 BLACK & VEATCH, Overland Park, Kan., U.S.A.
517.7
217.9
1,493.4
1
0
61
14
11
5
1
0
5
167 158 BBL CONSTRUCTION SERVICES, Albany, N.Y., U.S.A.
510.1
0.0
323.3
97
3
0
0
0
0
0
0
0
168 166 HRH CONSTRUCTION LLC, New York, N.Y., U.S.A.
510.0
0.0
750.0
100
0
0
0
0
0
0
0
0
169 147 CHINA PETROLEUM ENG’G & CONSTR. CORP., Beijing, China
500.2
500.2
670.7
0
0
0
0
0
100
0
0
0
170 201 POWER CONSTRUCTION CO., Schaumburg, Ill., U.S.A.
497.0
0.0
303.6
100
0
0
0
0
0
0
0
0
171 150 HOFFMAN CORP., Portland, Ore., U.S.A.
483.3
0.0
NA
76
22
1
0
0
0
1
0
0
172
** POMERLEAU, Longueuil, Quebec, Canada
483.0
21.2
311.0
83
0
0
0
0
0
14
0
0
173
** O’NEIL INDUSTRIES INC., Chicago, Ill., U.S.A.
475.0
0.0
408.0
96
4
0
0
0
0
0
0
0
174 170 ADOLFSON & PETERSON CONSTR., Minneapolis, Minn., U.S.A. 470.0
0.0
534.0
93
0
0
5
0
0
1
0
0
175 162 DEVCON CONSTRUCTION, Milpitas, Calif., U.S.A.
470.0
0.0
500.0
79
21
0
0
0
0
0
0
0
176
469.3
418.1
47.4
2
0
18
0
0
79
0
0
0
177 160 AMES CONSTRUCTION INC., Burnsville, Minn., U.S.A.
468.3
0.0
423.2
9
0
2
4
2
11
71
0
0
178 154 HARDIN CONSTRUCTION CO., Atlanta, Ga., U.S.A.
459.1
0.0
584.6
100
0
0
0
0
0
0
0
0
179 169 HOWARD S. WRIGHT CONSTRUCTION, Seattle, Wash., U.S.A. 453.0
0.0
685.0
91
0
0
0
0
0
0
0
9
** INSITUFORM TECHNOLOGIES INC., Chesterfield, Mo., U.S.A.
** WORLEYPARSONS, North Sydney, NSW, Australia
180 117 ABB LUMMUS GLOBAL, Bloomfield, N.J., U.S.A.
450.0
441.1
1,222.8
0
0
0
0
0
100
0
0
0
181
450.0
0.0
582.5
100
0
0
0
0
0
0
0
0
182 186 CONSTR. E COMERCIO CAMARGO CORREA, Sao Paulo, Brazil 441.2
** DOUGLAS E. BARNHART, San Diego, Calif., U.S.A.
21.4
615.2
3
0
57
0
7
13
21
0
0
183 190 THE BOLDT CO., Appleton, Wis., U.S.A.
440.9
0.0
463.0
68
3
11
0
0
12
5
0
0
184 207 SHAWMUT DESIGN AND CONSTR., Boston, Mass., U.S.A.
440.7
0.1
450.0
100
0
0
0
0
0
0
0
0
185 193 THE LAYTON COS., Sandy, Utah, U.S.A.
439.6
0.0
501.5
69
6
4
0
3
4
12
0
0
186 168 RYAN COS. US INC., Minneapolis, Minn., U.S.A.
439.2
0.0
743.2
100
0
0
0
0
0
0
0
0
187 192 KITCHELL CORP., Phoenix, Ariz., U.S.A.
436.0
0.0
425.5
100
0
0
0
0
0
0
0
0
188 164 JAMES G. DAVIS CONSTRUCTION, Rockville, Md., U.S.A.
432.1
0.0
377.7
100
0
0
0
0
0
0
0
0
189 171 THE HUBBARD GROUP, Winter Park, Fla., U.S.A.
427.7
0.0
436.8
0
0
0
0
3
0
97
0
0
190 210 P.J. DICK-TRUMBULL-LINDY, Pittsburgh, Pa., U.S.A.
427.0
0.0
426.0
51
1
0
0
1
0
45
0
0
191
426.5
0.6
NA
5
13
64
1
0
15
2
1
0
192 223 VCC, Little Rock, Ark., U.S.A.
** BURNS & MCDONNELL, Kansas City, Mo., U.S.A.
425.0
0.0
500.0
100
0
0
0
0
0
0
0
0
193 176 WEIS BUILDERS, Minneapolis, Minn., U.S.A.
420.9
0.0
492.6
100
0
0
0
0
0
0
0
0
194 179 EMJ CORP., Chattanooga, Tenn., U.S.A.
418.4
0.0
456.3
100
0
0
0
0
0
0
0
0
195 181 TORCON INC., Westfield, N.J., U.S.A.
418.0
55.0
458.0
22
0
0
0
0
68
10
0
0
196 191 WALTON CONSTRUCTION CO. LLC, Kansas City, Mo., U.S.A. 414.0
0.0
632.0
86
6
0
0
0
0
7
0
0
197 182 MCGOUGH COS., St. Paul, Minn., U.S.A.
412.0
0.0
458.0
62
0
0
0
0
15
0
0
23
198 188 CHINA CIVIL ENGINEERING CONSTR. CORP., Beijing, China
407.8
379.7
381.8
34
2
0
1
3
0
56
0
5
199 180 MESSER CONSTRUCTION, Cincinnati, Ohio, U.S.A.
405.4
0.0
652.0
91
4
0
0
0
0
4
0
0
200 167 THE STELLAR GROUP, Jacksonville, Fla., U.S.A.
404.7
3.5
262.6
8
0
6
0
0
86
0
0
0
201 183 TRACTEBEL ENGINEERING, Brussels, Belgium
403.4
374.6
NA
2
0
98
0
0
0
0
0
0
202 165 WILLIAMS BROTHERS CONSTRUCTION, Houston, Texas, U.S.A. 401.6
0.0
660.9
0
0
0
0
0
0
100
0
0
203
0.0
315.0
100
0
0
0
0
0
0
0
0
** CDI CONTRACTORS LLC, Little Rock, Ark., U.S.A.
401.0
204 189 MICHELS CORP., Brownsville, Wis., U.S.A.
398.3
9.2
398.3
0
15
13
0
5
31
6
0
18
205
** GRAHAM GROUP LTD., Calgary, Alberta, Canada
392.3
95.0
NA
53
8
9
1
3
14
13
0
0
206
** CORE CONSTRUCTION GROUP, Phoenix, Ariz., U.S.A.
392.0
0.0
440.0
100
0
0
0
0
0
0
0
0
207 204 KHARAFI NATIONAL, Safat, Kuwait
389.0
128.0
389.0
40
0
0
0
0
20
0
0
2
208
** CLAYCO, St. Louis, Mo., U.S.A.
388.5
0.0
485.0
100
0
0
0
0
0
0
0
0
209
** ARB INC., Lake Forest, Calif., U.S.A.
387.0
42.0
390.0
13
0
34
6
6
41
0
0
0
210
** JAMES N. GRAY CO., Lexington, Ky., U.S.A.
381.5
0.0
354.2
68
22
2
0
0
8
0
0
0
62
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CYAN MAGENTA YELLOW BLACK LEFT HAND PAGE
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25 50 75 95
The Top 225 Global Contractors RANK 2005 2004 FIRM
NEW 2004 REVENUE ($ MIL.) CONTRACTS IN TOTAL INTERNATIONAL 2004 ($ MIL.)
GEN. BLDG.
MFG.
MARKETS (% OF 2004 GLOBAL REVENUE) WATER SEWER./ INDUS./ HAZ. POWER SUPPLY WASTE PETRO. TRANSP. WASTE
TELECOMM.
211
** THOS. S. BYRNE LTD., Fort Worth, Texas, U.S.A.
375.0
0.0
150.0
79
8
0
0
0
0
13
0
0
212
** W. M. JORDAN CO. INC., Newport News, Va., U.S.A.
370.0
0.0
435.1
100
0
0
0
0
0
0
0
0
213
** NUROL CONSTRUCTION AND TRADING CO., Ankara, Turkey
363.5
140.0
1,130.0
22
38
4
5
1
6
17
0
0
214 212 AMERICAN INFRASTRUCTURE INC., Worcester, Pa., U.S.A.
362.3
0.0
376.7
0
0
0
5
20
0
75
0
0
215
361.7
46.5
825.4
0
0
0
0
2
98
0
0
0
216 213 KRAFT CONSTRUCTION CO. INC., Naples, Fla., U.S.A.
** SEI ENGINEERING INC., Beijing, China
360.5
0.0
753.1
100
0
0
0
0
0
0
0
0
217
359.6
0.0
814.4
98
0
0
0
0
2
0
0
0
218 200 THE ALTER GROUP, Skokie, Ill., U.S.A.
359.5
0.0
NA
67
33
0
0
0
0
0
0
0
219 187 F.A. WILHELM CONSTRUCTION CO., Indianapolis, Ind., U.S.A.
359.3
0.0
300.0
43
1
1
0
0
55
0
0
0
220
** HINDUSTAN CONSTRUCTION CO. LTD., Mumbai, India
358.5
48.6
569.9
0
0
35
26
0
0
34
0
0
221
** BERNARDS, San Fernando, Calif., U.S.A.
353.8
0.0
262.0
100
0
0
0
0
0
0
0
0
222
** XINJIANG BEIXIN CONSTR. & ENG’G CO. LTD., Urumqi, China 352.7
** HOAR CONSTRUCTION, Birmingham, Ala., U.S.A.
16.9
366.3
44
0
3
18
0
0
35
0
0
223 221 CHOATE CONSTRUCTION CO., Atlanta, Ga., U.S.A.
351.9
0.0
407.3
78
12
0
0
0
0
0
0
4
224 177 GREAT LAKES DREDGE & DOCK CORP., Oak Brook, Ill., U.S.A.
350.9
62.9
383.8
0
0
0
0
0
0
89
0
0
225
349.0
20.0
113.8
20
0
0
0
0
0
80
0
0
** OPCA SA, Lisbon, Portugal
enr.com August 22/29, 2005
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Top 225 Directory
Where To Find The Top 225 Global Contractors FIRM
RANK
A ABB Lummus Global 180 Grupo ACS 4 Adolfson & Peterson Constr. 174 Aecon Group Inc. 125 Aker Kvaerner ASA 79 Alberici Corp. 148 The Alter Group 218 AMEC plc 26 American Infrastructure Inc. 214 Ames Construction Inc. 177 APAC 68 The Arab Contractors (O.A.O & Co.) 88 ARB Inc. 209 Astaldi SpA 87 Austin Industries 91
B Balfour Beatty plc Royal BAM Groep nv douglas e. barnhart Barton Malow Co. Bauer Spezialtiefbau GmbH BBL Construction Services BE&K Inc. Bechtel The Beck Group Beijing Construction Eng’g Group Co. Beijing Municipal Engineering Group Co. Beijing Uni-Construction Group Co. Ltd. Beijing Urban Construction Group Co. Bernards BESIX SA Bilfinger Berger AG Black & Veatch The Boldt Co. BOUYGUES Bovis Lend Lease Brasfield & Gorrie LLC Burns & McDonnell Thos. S. Byrne Ltd.
21 19 181 105 159 167 129 5 135 59 134 99 78 221 95 22 166 183 2 28 90 191 211
C Construcoes e Comercio Camargo Correa CB&I CDI Contractors LLC CEGELEC Centex CH2M Hill Cos. Ltd. China Civil Engineering Constr. Corp. China Gezhouba Construction Co. China Harbour Engineering Co. China Metallurgical Constr. (Group) Corp. China National Chemical Eng’g Corp. China National Machinery & Equipment Corp. China Petroleum Eng’g & Constr. Corp. China Railway Construction Corp. China Railway Engineering Corp.
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182 74 203 38 14 130 198 114 31 27 102 96 169 15 11
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China Road & Bridge Corp. China State Construction Eng’g Corp. Chiyoda Corp. Choate Construction Co. Clark Construction Group Clayco Clough Ltd. Societa Italiana Per Condotte D’Acqua SpA Consolidated Contractors Int’l Co. Construtora Andrade Gutierrez SA Construtora Norberto Odebrecht C.M.C. di Ravenna CORE Construction Group CTCI Corp.
48 17 67 223 50 208 158 112 62 138 60 149 206 163
DEF Daewoo E&C Co. Ltd. James G. Davis Construction Day & Zimmermann Group Devcon Construction Dick Corp. P.J. Dick-Trumbull-Lindy DPR Construction Duke Construction J.E. Dunn Group Earth Tech Inc. Ebara Corp. EIFFAGE EMJ Corp. Enka Construction & Industry Co. Inc. FCC, Fomento de Constr. y Contratas Ferrovial FIMAG Finanz Industrie Mgmt. AG The Flintco Cos. Inc. Fluor Corp. Foster Wheeler Ltd.
34 188 151 175 124 190 117 144 81 140 101 16 194 128 23 18 20 141 24 71
GHI GAMA Gilbane Building Co. Graham Group Ltd. Grandi Lavori Fincosit SpA Granite Construction James N. Gray Co. Great Lakes Dredge & Dock Corp. Grinaker-LTA Ltd. Guangdong Xinguang Int’l Group Hanjin Heavy Industries & Constr. Co. Hardin Construction Co. The Haskell Co. Hazama Corp. Hensel Phelps Construction Co. Hindustan Construction Co. Ltd. HITT Contracting Inc. Hoar Construction Hochtief AG Hoffman Corp. Holder Construction Co. HRH Construction LLC The Hubbard Group Hunt Construction
160 57 205 156 64 210 224 97 142 104 178 153 72 66 220 145 217 3 171 147 168 189 83
FIRM
RANK
Hyundai Engineering & Constr. Co. IMPREGILO SpA Industrial Dev’t & Renovation Org. of Iran Insituform Technologies Inc. Italian-Thai Development PCL
33 41 164 162 136
JKL Jacobs 54 JGC Corp. 47 Joannou & Paraskevaides (Overseas) 106 Ltd. W. M. Jordan Co. Inc. 212 Kajima Corp. 8 Kandenko Co. Ltd. 37 KBR 12 Kharafi National 207 Kiewit Corp. 44 Kinden Corp. 42 Kitchell Corp. 187 Kokosing Construction Co. 157 Kraft Construction Co. Inc. 216 Kraus-Anderson Constr. 161 Kumagai Gumi Co. Ltd. 55 The Lane Construction Corp. 126 The Layton Cos. 185 Leighton Holdings Ltd. 29
MNO Maeda Corp. 35 Manhattan Construction Co. 118 Marnell Corrao Associates 111 Matrix Service Co. 143 McCarthy Building Cos. 86 McGough Cos. 197 Messer Construction 199 Michels Corp. 204 M.A. Mortenson Co. 100 National Petroleum Construction 155 Co. NECSO Entrecanales Cubiertas SA 43 Nishimatsu Construction Co. Ltd. 36 Nurol Construction and Trading 213 Co. Obayashi Corp. 10 Obrascon Huarte Lain SA (OHL SA) 51 O’Neil Industries Inc. 173 OPCA SA 225 121 Opus Group Orascom Construction Industries 139
PQR Parsons PCL Construction Enterprises Penta-Ocean Construction Co. Ltd. Pepper Construction Group Perini Corp. Petrofac Ltd. E. Pihl & Son AS Pomerleau Power Construction Co. Rizzani de Eccher SpA RSEA Engineering Corp. Rudolph & Sletten Inc. Ryan Cos. US Inc.
119 58 46 122 77 109 133 172 170 165 120 132 186
S Grupo SACYR SADE - CGTH
52 89
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RANK
Samsung Corp. 39 Samsung Engineering Co. Ltd. 84 SEI Engineering Inc. 215 Shandong Electric Power Constr. 113 Shanghai Constr. (Group) General 40 Co. The Shaw Group Inc. 63 Shawmut Design and 184 Construction Shimizu Corp. 9 Sinohydro Corp. 49 SK Engineering & Construction Co. 61 Skanska AB 6 Snamprogetti 45 Soares Da Costa - Grupo SGPS 137 SOLETANCHE BACHY 115 Ssangyong Engineering & 94 Constr. Co. The Stellar Group 200 Structure Tone Inc. 65 Suffolk Construction Co. 116 Sumitomo Mitsui Construction 32 Co. Ltd. Sundt Construction Inc. 150 Swinerton Inc. 75
TUV Taikisha Ltd. Taisei Corp. Takenaka Corp. Techint Group TECHNIP Tecnicas Reunidas SA Tecnimont SpA Teichert Construction Tekfen Construction & Installation Co. TIC Holdings Inc. Toda Corp. Torcon Inc. Toyo Engineering Corp. Tractebel Engineering Turner Industries Group LLC Tutor-Saliba Corp. ValleyCrest Cos. VCC Veidekke ASA VINCI
76 7 13 93 25 127 108 152 146 98 30 195 80 201 123 154 131 192 82 1
WXYZ Walbridge Aldinger The Walsh Group Walton Construction Co. LLC Washington Group Int’l Webcor Builders Weis Builders The Weitz Co. Whiting-Turner Contracting Co. F.A. Wilhelm Construction Co. Williams Brothers Construction WorleyParsons Howard S. Wright Construction Xinjiang Beixin Constr. & Eng’g Co. Ltd. The Yates Cos. Inc. Zachry Construction Corp. Zhejiang Constr. Investment Group Co. Ed. Zublin AG
103 69 196 53 92 193 110 56 219 202 176 179 222 85 107 73 70
August 22/29, 2005 enr.com
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ENR's Complete Top List and Sourcebook Series (Lists and Sourcebooks published in ENR may be purchased on enr.com) ENR TOP LISTS – 2005 Top 500 (U.S.) Design Firms – April 18 Top 400 (U.S.) Contractors – May 16 Top 100 Construction Managers, Design-Builders, & Program Managers – June 13 Top 200 Environmental Engineering Firms – July 4 Top 200 International Design Firms – July 25 Top 225 International Contractors – August 22/29 Top 600 Specialty Contractors – October 17 ENR SOURCEBOOKS – 2005 Top 500 Design Firms Sourcebook – June 20 Top 400 Contractors Sourcebook – September 19 Top Owners Sourcebook – November 14 Global Construction Sourcebook – December 12 ENR TOP LISTS – 2004 Top 500 (U.S.) Design Firms – April 190 Top 400 (U.S.) Contractors – May 17 Top 100 Construction Managers, Design-Builders, & Program Managers – June 14 Top 200 Environmental Engineering Firms – July 5 Top 200 International Design Firms – July 26 Top 225 International Contractors – August 23 Top 600 Specialty Contractors – October 18
ENR SOURCEBOOKS – 2004 Top 500 Design Firms Sourcebook – June 28 Top 400 Contractors Sourcebook – September 27 Top Owners Sourcebook – November 8 Global Construction Sourcebook – December 2004 ENR TOP LISTS – 2003 Top 500 Design Firms – April 21 Top 400 Contractors – May 19 Top 100 Construction Managers, Design-Builders, & Program Managers – June 16 Top 200 Environmental Engineering Firms – June 2 Top 200 International Design Firms – July 28 Top 225 International Contractors – August 25 Top 600 Specialty Contractors – October 20 ENR SOURCEBOOKS – 2003 Top 500 Design Firms Sourcebook – June 2003 Top 400 Contractors Sourcebook – September 2003 Top Owners Sourcebook – November 10 Construction Facts – November 2003 Global Construction Sourcebook – January 5, 2004
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