10 Largest Construction Companies in Europe

In the CE100 list, which provides insights into Europe’s top 100 construction companies, the continent’s leading firms have been unveiled based on their 2021 sales revenues.

These are the top 10 construction companies in Europe according to the CE100 report.

1. Vinci | Paris, France

Vinci is the largest construction company in Europe with sales revenues of €49.8 billion for the year ending 2021, up from about €43 billion in 2020.

The company’s bottom line was lifted by mega projects such as the B247 highway in Germany, which is currently under construction at a cost of €500 million.

Notable projects: Based in Paris, France, VINCI has been involved in many construction projects around the world including the Atlantic Bridge in Panama, and Old Oak Common Station in London, whose completion is scheduled for 2030.

2. Bouygues Construction SA | Paris, France

Bouygues Construction SA has risen to position two in the 2022 list with revenues of €37.5 billion in 2021. The company’s sales earnings stood at €34.6 billion in 2020.

Notable projects: Based in Paris, France, Bouygues Construction has been involved in many construction projects in Europe, Africa, North America, and Asia.

3. ACS Group | Madrid, Spain

ACS Group, a Spanish contractor, dropped to position three from second in the latest CE100 despite generating higher sales revenues of €27.8 billion in 2021.

According to its chief executive Florentino Perez, the outstanding performance of ACS Group’s businesses helped it to achieve its biggest net profit ever of €3 billion.

Notable projects: Based in Madrid, Spain, ACS Group has undertaken many projects including the Portugues Dam in Ponce, Puerto Rico and the Crescent Dunes Solar Energy Project near Las Vegas, which was completed in 2016.

4. Hochtief | Essen, Germany

Hochtief is the biggest construction company in Germany.

Founded in 1873 as a building company of the Helfmann brothers in Frankfurt/Main, Hochtief operates globally with about 36,000 employees.

The firm reported earnings of €21.3 billion in 2021, lifted by a deal to undertake massive works at the Port of Rotterdam – a project that runs until 2024.

Notable projects: Based in Essen, Germany, Hochtief has undertaken many mega projects such as King Abdulaziz Airport in Saudi Arabia; Athens Airport in Greece; and the expansion of King Khalid Airport in Saudi Arabia.

Hochtief is building the Chacao Channel Bridge in Chile.

5. Eiffage S.A. | Asnières-sur-Seine, France

Eiffage S.A. has maintained the fifth position in this year’s list of Europe’s largest construction companies with revenues of €19.1 billion in 2021.

The company undertakes residential and infrastructure construction; electrical engineering and process automation services; specialist metal construction.

Notable projects: Based in Asnières-sur-Seine, France, Eiffage S.A. has been involved in many top projects including Copenhagen Metro in Denmark; Millau Viaduct in Southern France; and Cestas Solar Park in Cestas, France.

The company is also involved in lots C2 and C3 of High Speed 2 (HS2) – a planned high-speed railway line in the UK, which is due for completion in 2031.

6. Strabag | Spittal an der Drau, Austria

Strabag SE, a leading Austrian construction firm headquartered in Vienna, reported sales revenues of €15.2 billion in 2021, which is €500 million more than the 2020 revenues.

The higher revenue was partially lifted by a €111 million deal to build a new motorway connection in Romania’s western city of Oradea.

Notable projects: Strabag SE has undertaken many projects around the world including the Alte Weser Lighthouse in the North Sea, Basra Airport in Iraq, the Copenhagen Metro in Denmark, and the Niagara Third Hydro Tunnel in Canada.

The company is also involved in lots S1 and S2 of High Speed 2 (HS2) – a planned high-speed railway line in the UK, which is due for completion in 2031.

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7. Skanska AB

Skanska AB moved down one slot in this year’s list with sales revenues of €15.1 billion in 2021.

During the year in review, Skanska was involved in several big-dollar projects including a €330 million deal to build a raw water tunnel in Oslo, Norway.

Notable projects: Based in Stockholm, Sweden, Skanska AB has undertaken many big projects such as renovation of the United Nations Headquarters, Moynihan Train Hall, the World Trade Center Transportation Hub project, among others.

8. Balfour Beatty

Balfour Beatty, the only UK company on this list, has climbed one position to secure the eighth spot, achieving revenues of €8.7 billion in 2021.

Notable projects: Based in London, England, Balfour Beatty has undertaken many mega projects globally including Dubai Mall; Providence Tower in London; and Viking Power Link between Denmark and the UK, due to open in 2023.

Other projects include the Old Oak Common Station in London set to conclude in 2030; and Central Kowloon Route in Hong Kong due for completion in 2025.

The company is also involved in lots N1 and N2 of High Speed 2 (HS2) – a planned high-speed railway line in the UK, which is due for completion in 2031.

9. Acciona, S.A.

Acciona, S.A., a Spanish conglomerate, is the ninth biggest European construction company with sales revenues of €8.1 billion in 2021.

Acciona, which built the world’s first lighthouse in Valencia, Spain – using prefabricated products – is currently testing prefab components that are lighter and less expensive to transport while maintaining high strength.

In August 2022 the Spanish company won a deal worth €485 million euros to build five new stations for a train line in Perth, Australia.

Notable projects: Based in Alcobendas, Spain, Acciona, has completed many projects including Torre Europa in Spain, the Ting Kau Bridge in Hong Kong, the German Chancellery, and King Abdullah University Hospital among others.

10. Royal BAM Group nv

Closing this list is Dutch firm Royal BAM Group nv with sales revenues of €7.3 billion in 2021.

Royal BAM Group nv – previously known as Bataafsche Aanneming Maatschappij van Bouw- en Betonwerken (Batavian Construction Company for Construction and Concrete Projects plc.) – is the largest construction company in the Netherlands.

The company earned the right to add ‘Royal’ to its name in 1994.

Notable projects: Headquartered in Bunnik, Netherlands, Royal BAM Group nv has undertaken numerous big projects worldwide including the Euroborg football stadium for FC Groningen in Groningen, the Amsterdam Arena football stadium for AFC Ajax in Amsterdam, and the Antwerp Law Courts in Belgium.

BAM Group was a member of the Infraspeed consortium that handed over the HSL-Zuid high-speed railway line for commercial use in 2009.

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