€88.300 -1.19 %   23/04/2019 17:37

VINCI Construction

Building tomorrow’s structures and infrastructure

VINCI Construction, the leading French building and civil engineering group and a global player, operates on five continents with more than 70,000 employees and 700 companies. Firmly rooted in its host geographies, it designs and builds structures and infrastructure that address the major issues facing society, namely global warming, population growth and increasing mobility. For VINCI Construction, every project is a new challenge. Its success rests on attentiveness, respect, social and environmental responsibility and stakeholder partnership and trust. VINCI Construction strives to marshal its expertise and its teams’ engagement to support its customers in a changing world.

VINCI Construction returned to growth in 2017 as the recovery took hold in France and most of the group’s other markets also experienced an upturn.

2018 Key figures

800 companies

Present in 100 countries

71,401 employees

Revenue: €14,231m

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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.

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Network of local subsidiaries

- in metropolitan France: VINCI Construction France, comprising 393 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 in overseas France; Warbud, Průmstav, SMP and SMS in Central Europe; Sogea-Satom in 21 African countries; and HEB Construction in New Zealand.

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Major Projects Division

Which supports complex and large-scale projects in France and abroad, encompassing VINCI Construction Grands Projets, VINCI Construction Terrassement and Dodin Campenon Bernard.

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Specialist activities

Provided by subsidiaries in geotechnical engineering (Soletanche Bachy and Menard); structures (Freyssinet and Terre Armée); nuclear (Nuvia); digital services for construction (Sixense); and oil and gas, renewable thermal energy and energy from waste (Entrepose, including VINCI Environnement).

VINCI Construction’ competitive position

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VINCI Construction is the leader in a market estimated to be worth revenue of around €200 billion, ahead of Bouygues Construction, Eiffage Construction, Fayat, NGE 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, Kier, Laing O’Rourke and Interserve. The British market is estimated to be worth revenue of around £150 billion.

Central Europe

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

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Operating in 21 countries, Sogea-Satom is a major player in Central Africa, West Africa, Equatorial Africa and East Africa. Its main competitors are European, Asian (particularly Chinese) and African companies.


By acquiring HEB Construction in August 2015, VINCI Construction became a major player in New Zealand’s infrastructure market. At the end of October 2017, VINCI Construction moved into the Australian market with the acquisition of Seymour Whyte.

Specialist markets

Soletanche Freyssinet operates in specialist civil engineering markets all over the world. Its competitors include Trevi, Bauer and Keller in special foundations, and VSL (a Bouygues subsidiary) in prestressing and stay cable systems.
Entrepose is a global operator in the design and construction of complex industrial projects in the oil, gas and energy recovery sectors. Its main competitors include Saipem (ENI Group) and CB&I.

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Strong order intake in 2016 suggests a return to revenue growth in 2017. VINCI Construction will, however, continue to prioritise margin improvement in an environment in which competition remains harsh.

In France, the building activity should be driven by the buoyant housing market and private sector investments in business property, especially in the Greater Paris area where VINCI Construction France has streamlined its organisational structure. The civil engineering activity will be supported by growing investments in transport infrastructure as part of the Grand Paris Express programme, in the follow-up to the first contracts won by its subsidiaries.

In the other local subsidiary networks, in Europe, VINCI Construction is expected to consolidate its recovery in the British market and resume measured growth in Poland.

In Africa, subject to changes in oil and commodity prices, the improvement in activity is expected to continue at Sogea-Satom, which will step up its efforts to sharpen its competitive edge in order to maintain its strong market positions.

The Major Projects Division will continue its international expansion, notably by supporting the extension of Group concessions, and will also have the benefit of the Grand Paris investments in France.

In specialist activities, the Soletanche Freyssinet companies are expected to confirm the momentum reflected in their order intake in 2016 in markets in which their expertise is in growing demand. Entrepose will be supported by the ramp-up of the major Trans Adriatic Pipeline project and by the development of diversified solutions and services in such sectors as underground storage and renewable thermal energy.

Last updated: 26/02/2019