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Hochtief wins Best of European Business Award

The international construction services provider Hochtief was voted the winner of the Best of European Business 2010 in the "Growth despite Crisis" category for large-scale companies. Roland Berger Strategy Consultants presented the award for outstanding achievements to Dr. Herbert Lütkestratkötter, CEO of Hochtief.

According to the jury, made up of high-ranking representatives from the University of St. Gallen, manager magazin, FTD and Roland Berger, Hochtief also survived the economic crisis so well because the company changed its strategy in good time. Today the construction service provider delivers integrated services throughout the life cycle of infrastructural projects, real estate and facilities and continues to expand its presence in international growth markets. At the end of the third quarter 2009 the Group's order books were full for almost 21 months - a record-breaking achievement - and for the crisis year 2009 as a whole Hochtief is expecting the value of orders to exceed that of the previous year.

The Group's outstandingly consistent and profitable growth was already recognized at the end of December 2009 when it was voted Germany's No. 2 growth champion in a ranking of the country's 500 biggest companies. The Top 500 Award was presented for the first time by Die Welt newspaper in conjunction with the consultancy firm Accenture.



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