Business Line

VINCI Construction


VINCI Construction is France’s leading construction company and a global operator with 777 consolidated companies and 68,000 employees in about 100 countries.

Building on its integrated approach, VINCI Construction delivers a full array of capabilities (financing, design, construction and maintenance) across the entire infrastructure life cycle, tailoring its services to the needs of each project.

This holistic approach enables the group to optimise the cost/time/quality equation and eco-design the project to limit its impact and accommodate evolving lifestyles and requirements.

VINCI Construction operates in eight sectors: buildings, facilities, transport infrastructure, hydraulic infrastructure, renewable and nuclear energy, environmental engineering, oil and gas, and mining.

VINCI Construction’s three components dovetail to provide long-term support for customers on projects spanning a wide spectrum of technical features, scales and geographies:
• Network of local subsidiaries:
- in mainland France: VINCI Construction France, comprising 391 local bases with strong regional roots;
- in other parts of the world: VINCI Construction UK and VINCI Construction International Network, comprising the subsidiaries VINCI Construction Dom-Tom; Warbud, Průmstav, SMP and SMS in Central Europe; Sogea-Satom in 20 African countries; and HEB Construction in New Zealand.

• Major Projects Division, which supports complex and very large-scale projects in France and abroad, encompassing VINCI Construction Grands Projets, VINCI Construction Terrassement and Dodin Campenon Bernard.

• Specialist activities, provided by subsidiaries Soletanche Bachy and Menard (geotechnical engineering); Freyssinet and Terre Armée (structures); Nuvia (nuclear); and Entrepose Group, including VINCI Environnement (oil and gas and renewable thermal energy).

Competitive position of VINCI Construction in its main markets

France. VINCI Construction is the leader in a market estimated at more than €200 billion ahead of Bouygues Construction, Eiffage Construction, Fayat and Spie Batignolles. The remaining market is divided among several medium-sized regional companies (including Demathieu Bard and Léon Grosse) and a large number of small contractors.

United Kingdom. VINCI Construction UK is a company of significant size in the United Kingdom, especially in the building and civil engineering sectors. Its main competitors are Balfour Beatty, Carillion, Kier, Morgan Sindall, Amey and Laing O’Rourke. The British market is estimated at around €200 billion.

Central Europe. VINCI Construction operates in this region through its medium-sized local subsidiaries, notably in Poland and the Czech Republic. Its main competitors in the region are Strabag, Skanska and Hochtief, as well as Budimex in Poland and Metrostav in the Czech Republic.

Africa. Operating in 20 countries, VINCI Construction subsidiary Sogea-Satom is a major player in Central Africa, West Africa and Equatorial Africa. Its main competitors are European, Asian (particularly Chinese) and African companies.

Oceania. By acquiring HEB Construction in August 2015, VINCI Construction became a major player in New Zealand’s infrastructure market.

Specialist markets. VINCI Construction subsidiary Soletanche Freyssinet operates in specialist civil engineering markets all over the world. In 2015, it increased its holding in Grupo Rodio Kronso from 50% to 100%, thereby accelerating its growth in Latin America. Its competitors include Trevi, Bauer and Keller in special foundations, and VSL (a Bouygues subsidiary) in prestressing and stay cable systems.
VINCI Construction subsidiary Entrepose is a global operator in the design and construction of complex industrial projects in the oil and gas sector. Its main competitors include Saipem (ENI Group) and CB&I.

Source: Euroconstruct December 2015 (market size), company literature.

A tough business environment constrained VINCI Construction’s volume in France, where the market declined at a growing pace, and outside France in the business lines and countries that depend on investments in the oil and gas sector. The specialised civil engineering subsidiaries continued to expand. The Major Projects Division continued its international redeployment while completing the infrastructure work on the SEA Tours–Bordeaux high-speed rail line


Based on its order book at the end of the year, VINCI Construction expects its activity to contract slightly in 2016, if probably at a slower pace than in 2015.

In France, the increase in order intake, the return of major investors to the office property market and the expansion of operations for private-sector customers should bolster recovery of the building activity. Meanwhile, the first investments in the Grand Paris programme will support the civil engineering activity. In the other networks of local subsidiaries, activity is expected to remain strong in Overseas France, Poland and New Zealand; in Africa, Sogea-Satom will continue its geographical diversification to cushion the impact of the sharp decline in infrastructure investments in the oil producing countries.

In major projects, where the worldwide market is still growing, international expansion is expected to continue, boosted by synergies within the business line, within the Contracting business and with VINCI Concessions. The Major Project Division’s entities are also expected to operate in a favourable economy in France driven by Grand Paris infrastructure programmes.

In specialist activities, Entrepose will continue its efforts to reduce its dependency on the oil and gas market, particularly by developing new solutions and services in renewable thermal energy in synergy with VINCI Environnement. Following several years of strong growth, activity is expected to stabilise at a high level at Soletanche Freyssinet.

VINCI Construction will be using digital resources to accelerate the convergence of its divisions around tools and methods designed to improve the productivity of its projects and the value added of its solutions and services.

The increasing focus on cross-Group operations will also boost the business line’s international expansion and strengthen the collective resources of its operational management.

€14,491m Revenue


€299m Operating profit
from ordinary activities

€164m Net profit attributable to equity holders of the parent

68,371 employees