2022 Universal Registration Document

Key Data

1. Workforce-related performance

1.1 Employees, drivers of the Group’s performance

VINCI’s economic development policy is based on a complementary set of short- and long-term business activities performed through a decentralised organisation. The Group’s employees are vital to the success of its business model. Its operating methods therefore prioritise people over systems and are based on the view that sustained business success requires an ambitious approach to human resources.

1.1.1 Workforce

Operating in more than 120 countries in 2022, VINCI’s workforce increased to 271,648 in 2022 from its total headcount in 2021 (219,299 employees). This change was due to the integration of the Cobra IS business line, a group of nearly 600 business units in some 60 countries, with over 45,000 employees. Forty-eight percent of Cobra IS’s workforce is located in Spain and 42% in the Americas, with a solid foothold in Latin America. At 31 December 2022, VINCI staff employed by European entities as a percentage of the total workforce came to 71.4% and staff employed outside Europe stood at 28.6%.

At 31 December 2022

271,648employees worldwide

16.2% Women

83.8% Men

7% Concessions
93%Energy and Construction

In more than 120 countries

  • 37.7% France
  • 33.7% Europe excl. France
  • 17.4% Americas
  • 5.5% Africa
  • 5.7% Rest of the world
Workforce at 31 December 2022 by geographical area and by business line, with change (*)
2022 2021 2022/2021
  VINCI Autoroutes VINCI Airports Other concessions VINCI Energies Cobra IS VINCI Construction VINCI Immobilier and holding cos. Total % Total Change
France 5,574 897 601 39,694 269 53,540 1,744 102,319 37.7% 100,681 +1.6%
Spain 2,096 21,995 917 25,008 9.2% 3,457 +623.4%
United Kingdom 2,195 3 988 30 8,727 11,943 4.4% 11,291 +5.8%
Germany 59 13,343 40 4,491 11 17,944 6.6% 16,481 +8.9%
Benelux 6,266 4 713 3 6,986 2.5% 6,669 +4.8%
Central and Eastern Europe 1,503 54 3,573 30 8,684 13,844 5.1% 13,719 +0.9%
Rest of Europe 2,666 123 10,368 1,909 842 5 15,913 5.9% 13,581 +17.2%
Europe excl. France 6,364 239 36,634 24,008 24,374 19 91,638 33.7% 65,198 +40.6%
Americas 1,810 1,286 7,436 19,129 17,573 47,234 17.4% 25,823 +82.9%
Africa 2,327 906 11,778 15,011 5.5% 14,456 +3.8%
Rest of the world 1,109 107 3,970 1,148 9,112 15,446 5.7% 13,141 +17.5%
Total 5,574 10,180 2,233 90,061 45,460 116,377 1,763 271,648 100% 219,299 +23.9%
Excl. Cobra IS               226,188   219,299 +3.1%

(*) Data checked by the Statutory Auditors (excluding Cobra IS), see page 292 of the 2022 Universal Registration Document.