Revenue Rises After 3-Year Lull
Revenue Rises After 3-Year Lull
Revenue Rises After 3-Year Lull
2 // International
Region Analysis p. 3 // 2011 Revenue Breakdown p. 3 // 2011 New Contracts p. 3 // Domestic Staff Hiring p. 3 // International
Staff Hiring p. 3 // Profit/Loss pg. 4 // 2011 Backlog p. 4 // Top 10 by Region p. 4 // Top 10 by Market p. 5 // Top 20 non-U.S.
International Construction/Program Managers p. 6 // Top 20 non-U.S. Global Construction/Program Managers p. 6 //
How Contractors Shared the 2011 Market p. 7 // How To Read the Tables p. 7 // Top 225 International Contractors List p. 8 //
Top 225 Global Contractors List p. 13 // International Contractors Index p. 18 // Global Contractors Index p. 19 //
Flame towers
DIA Holding completed
NUMBER 124
the 2.7-million-sq-ft
mixed-use Flame
Towers project in Baku,
Azerbaijan, in 2012.
The project is designed
as a first step in
transforming Baku into
a high-tech center.
PHOTO COURTESY OF DIA Holding
Buildings
$91,102.1
20.1%
10.4%
(Measured $ millions)
Source: McGraw-Hill Construction
Research & Analytics / ENR.
Despite some global upheavals and uncertainty, the passive shareholder, says Hochtief’s CEO Frank
world construction market showed surprising strength Stieler. ACS has since become “very engaged,” but
for large contractors in 2011. After being flat in 2009 decisions are still through consensus, he adds.
and 2010, revenue for large international contractors Since the acquisition, there has been “a much
grew last year. However, big contractors working in higher focus on infrastructure” centered on transpor-
the international market are expressing some caution tation, urban development and energy, says Stieler. He
about what the future holds. Hochtief is is skeptical about prospects for new nuclear-power
The strength of the international market in 2011 reducing its work and believes renewable energy has a big future.
presence in
can be seen in the results of ENR’s Top 225 Interna- Hochtief is investing in offshore wind farms, both as
the buildings
tional Contractors list. As a group, the Top 225 gener- sector because a developer and contractor. At the same time, Hochtief
ated $453.02 billion in 2011 contracting revenue from it has “much is reducing its interest in building construction. The
projects outside their home countries, up a healthy lower market- sector has “much lower market-entry hurdles, [so]
18.1% from in 2010. entry barriers, competition is more aggressive,” says Stieler.
[so] the
Part of this surge may have come from pent-up Another takeover battle is being waged in Italy. In
competition
demand from a stagnant market over the past three is more a July proxy battle, the Salini family, which owns Salini
years. Combined revenue from the ENR Top 225 aggressive.” Costruttori SpA, was able to use its 30% stake of Im-
reached $382.44 billion in 2008 revenue, inched higher pregilo SpA and a shareholder campaign to take over
Frank Stieler,
to $383.78 billion in 2009 and then dropped to $383.66 CEO, Hochtief Impregilo’s board of directors from the Gavio family,
billion in 2010. AG which also owns about 30% of Impregilo’s stock. Salini
There was some tumult among the Top 225 in the has been campaigning to merge the two large Italian
past year. Most significant was Spain’s Grupo ACS’s contractors, but lawsuits over the shareholder vote
effective takeover of Hochtief AG, despite Hochtief’s may delay any final decision.
resistance. ACS achieved majority ownership of the Because of the debt crisis, “the situation in Europe
German giant in spring 2011. has deteriorated,” says Yves Gabriel, chairman and
Hochtief now is settling down to its control by CEO of France’s Bouygues Construction. But for
ACS. Until ACS secured a majority interest in Ger- Bouygues, the French market “is stronger than in
many’s leading contractor last year, it was a relatively other European countries.” While demand is high in
enr.com August 27, 2012 ENR 2
Samsung C&T is building the
(Measured $ millions)
Source: McGraw-Hill Construction Source: McGraw-Hill Construction
Research & Analytics / ENR. Research & Analytics / ENR.
215
the Paris region, elsewhere “large contracts remain few Eastern Europe’s construction market is now “much
and far between,” Gabriel notes. more depressed because of the financial crisis,” says
France accounts for over half of VINCI Construc- Dupety, citing the Czech Republic as particularly chal-
of the Top 225
tion’s business. “We have been growing and our back- lenging. However, with highways and infrastructure
sent in surveys
log is still higher,” says VINCI’s chief operating officer, work, “Poland is still doing well,” while Romania and
last year.
Bruno Dupety. the Ukraine are “not too bad,” he adds.
Oil-rich Norway is booming, and projects there For Skanska, Poland is in “very good shape” and
“are getting more and more complex,” says Johan Karl- 73% increasingly attracting international competition, says
ström, president and CEO of Sweden’s Skanska A.B. had increased Karlström. “The Chinese tried to enter the market and
“There is growing interest from international compe- international backed out,” he adds, referring to the Poland highway
tition,” he adds. However, he notes there has been a revenue in authority’s cancellation of a contract with the Chinese
lull in civil construction orders from Sweden. “All the 2011. Overseas Engineering Co. “[Chinese contractors] can-
major players from Europe are here,” he says. not behave in the same way as they do at home or in
Hochtief’s sales have continued to grow in Ger- emerging economies,” he says. “If they want to enter
many. But even Europe’s economic powerhouse is vul- 27% the European or American markets, they have to buy
nerable to the crisis in the euro zone, with construction had lower a [local] player.”
expected to plateau this year, Stieler says. international
Public spending cuts and private-sector uncertainty revenue in Signs of Life in Russia
make the U.K. market “very challenging,” adds Ian 2011. In Russia, VINCI already is working on the environ-
Tyler, CEO of London-based Balfour Beatty plc. The mentally controversial Moscow-St. Petersburg motor-
U.K. government’s offer last month of loans and guar- way project and targeting more civil contracts there,
antees for infrastructure projects helps, he says. But says Dupety. Bouygues also is “monitoring the devel-
“while they are doing that, they are delaying decisions” opment of this market with interest,” adds Bouygues’
on energy and airports investment, he adds. Balfour Gabriel.
Beatty’s recent shedding of hundreds of U.K. staff For some international contractors, Russia is begin-
members was not a response to the market but a long- ning to pay off. “Between 1998 and 1999, Russia was
term repositioning after 10 years of growth, says Tyler. in economic breakdown ... many international contrac-
enr.com August 27, 2012 ENR 3
THE TOP 225 INTERNATIONAL CONTRACTORS
7 CANADA
Reporting Profit / Loss Total Backlog
Top 10 Revenue: $16,780.9 million
Rank
Sector’s Revenue: $20,201.6 million
2012 2011
8 7 CB&I
Stayed the same
tors left the Russian market, but we have decided to The concern about Europe’s fiscal health has caused
stay,” says Mehmet Okay, a board member of Turkey’s On the large contractors to search out new markets. “The
ANT Yapi. Web makeup of bidder lists has changed as companies have
Having completed the 990-ft-tall City of Capitals started to pursue markets and projects they would not
Moscow Tower in 2010, Okay says ANT Yapi now is have considered in the past,” says K. Burak Ozselcuk,
working on Plot 16, the IBC Tower in the Moscow business development manager for Turkey’s TAV Con-
City Zone (see ENR 12/18/08 p. 108). Plot 16 consists For expanded struction. He says international contractors are now
of mixed-use twin towers designed by Skidmore Ow- content on the more financially exposed from increased risk, squeezed
ENR Top Lists
ings & Merrill in the U.S. One of the towers is planned see enr.com/ margins and reduced backlogs.
to reach 1,082 ft. toplists. The world’s large emerging markets are less attrac-
enr.com August 27, 2012 ENR 4
Takenaka Corp. leads the Top 10
tive to major contractors than might be expected. India East are prime targets. Construction in these areas
is “booming in terms of projects,” says VINCI’s “will continue to grow rapidly, driven by huge ‘infra-
Dupety. “But you need to be very cautious. You need structure deficits’ coupled with the pressure on the
to be very patient,” he says. Bouygues, while tracking governments to deliver,” says S.N. Subrahmanyan,
building prospects, is “prudent and favouring a very executive vice president of L&T Construction.
selective approach,” adds Gabriel. Subrahmanyan says one of the biggest problems in
the Indian market is the lack of skilled labor, which has
Competition forced contractors to develop more automated pro-
However, for local contracting giants such as India’s cesses to increase productivity.
Larsen & Toubro, the markets in Asia and the Middle Balfour Beatty was unsuccessful in 2010 in its first
enr.com August 27, 2012 ENR 5
THE TOP 225 INTERNATIONAL CONTRACTORS
Australia as well as parts of South America and Africa,” The impact of lower gas prices may shift markets
says Fredrickson. He says that while each of these areas worldwide, says Kenji Sato, general manager of cor-
has a very different delivery model, the Samsung ap- porate communications at Toyo Engineering Corp.,
proach is flexible and dynamic. Japan. Greater U.S. self-sufficiency in liquefied natural
In the U.S. infrastructure sector, “all the indicators gas (LNG) may mean countries that export natural gas
are that it’s going up” says Hochtief’s Stieler. For Skan- to the U.S., such as sub-Saharan countries, “will diver-
ska, infrastructure is providing the best U.S. prospects, In Hong Kong, sify the utilization of gas resources from LNG for
says Karlström. The company should benefit from a clients are export to fertilizer and petrochemicals, which will
“much more
trend for larger, more complex projects, he adds. benefit us,” he adds.
concerned
Many international contractors are eyeing the about quality In response to the surging interest in LNG, Toyo
impact of the development of U.S. shale-gas reserves. than they are is working with U.S. technology firm Velocys and Ja-
“The technological advancements that have permitted about price.” pan’s Mitsui Ocean Development & Engineering Co.
unconventional gas deposits to be monetized in a cost- Ian Tyler, CEO, to develop the first economically feasible gas-to-liquids
effective manner have the potential to re-calibrate the Balfour Beatty technology for small to midsize gas resources, says
global energy market” says John Grill, CEO of Aus- plc Sato. A demo using the “Micro-GTL” process is being
tralia’s WorleyParsons. installed at a Petrobras facility in Brazil, he says. n
AMERICAN 26 57,972.5 12.8 12,786.2 15.4 14,725.2 13.1 3,917.3 6.7 5,545.7 5.5 NA NA 15,515.2 76.8 5,483.0 13.3
CANADIAN 3 2,011.6 0.4 226.9 0.3 84.1 0.1 803.2 1.4 263.4 0.3 462.7 1.3 NA NA 171.3 0.4
EUROPEAN 60 240,290.6 53.1 25,208.3 30.3 49,913.9 44.5 20,092.4 34.6 86,158.7 84.9 31,593.1 86.1 4,026.7 19.9 23,297.6 56.7
BRITISH 4 12,752.2 2.8 3,321.0 4.0 2,478.2 2.2 739.6 1.3 2,466.7 2.4 3,637.7 9.9 67.2 0.3 41.8 0.1
GERMAN 4 40,837.0 9.0 1,422.1 1.7 21,207.2 18.9 862.6 1.5 6,992.8 6.9 10,051.3 27.4 57.9 0.3 243.2 0.6
FRENCH 4 40,835.5 9.0 2,731.9 3.3 4,537.3 4.0 5,778.2 9.9 20,367.3 20.1 3,167.5 8.6 2,275.9 11.3 1,977.4 4.8
ITALIAN 19 33,377.0 7.4 6,491.3 7.8 4,476.0 4.0 9,685.8 16.7 5,866.1 5.8 813.7 2.2 208.9 1.0 5,835.3 14.2
DUTCH 2 7,114.1 1.6 426.6 0.5 615.0 0.5 240.9 0.4 5,636.9 5.6 0.0 0.0 3.9 0.0 190.8 0.5
SPANISH 12 60,211.0 13.3 3,251.9 3.9 15,030.3 13.4 1,390.0 2.4 16,958.5 16.7 9,524.2 25.9 901.5 4.5 13,154.5 32.0
OTHER 15 45,163.9 10.0 7,563.6 9.1 1,569.9 1.4 1,395.4 2.4 27,870.3 27.5 4,398.7 12.0 511.4 2.5 1,854.6 4.5
AUSTRALIAN 4 8,197.0 1.8 1,569.0 1.9 3,850.2 3.4 13.6 0.0 1,027.0 1.0 1,403.1 3.8 266.1 1.3 67.9 0.2
JAPANESE 14 18,834.9 4.2 3,902.6 4.7 10,505.1 9.4 1,107.0 1.9 499.2 0.5 2,173.1 5.9 322.9 1.6 325.1 0.8
CHINESE 52 62,708.1 13.8 11,270.8 13.6 22,531.9 20.1 23,324.8 40.1 1,468.4 1.4 547.9 1.5 2.5 0.0 3,561.9 8.7
KOREAN 12 25,768.5 5.7 17,232.5 20.7 4,713.3 4.2 2,186.6 3.8 36.0 0.0 241.0 0.7 68.2 0.3 1,291.1 3.1
TURKISH 33 15,901.9 3.5 5,012.3 6.0 3,606.2 3.2 1,771.5 3.0 5,409.1 5.3 11.7 0.0 0.0 0.0 91.1 0.2
BRAZILIAN 4 9,596.4 2.1 0.0 0.0 0.0 0.0 2,220.7 3.8 375.1 0.4 246.0 0.7 0.0 0.0 6,754.6 16.4
ALL OTHERS 17 11,617.4 2.6 5,865.7 7.1 2,264.9 2.0 2,711.9 4.7 680.4 0.7 27.6 0.1 0.0 0.0 67.0 0.2
ALL FIRMS 225 452,898.9 100.0 83,074.2 100.0 112,194.7 100.0 58,149.0 100.0 101,462.8 100.0 36,706.0 100.0 20,201.6 100.0 41,110.6 100.0
NOTE: EXCLUDING $117.4 MILLION FROM ARCTIC/ANTARCTIC
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2012 2011 FIRM INT'L TOTAL $ MIL
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2012 2011 FIRM INT'L TOTAL $ MIL
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Rank 2011 REVENUE $ MIL. CONTRACTS
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2012 2011 FIRM INT'L TOTAL $ MIL
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Rank 2011 REVENUE $ MIL. CONTRACTS
MAN
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SEW
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2012 2011 FIRM INT'L TOTAL $ MIL
154 120 Nurol Construction and Trading Co., Ankara, Turkey † 353.0 649.0 326.3 61 0 0 20 8 0 11 0 0
155 177 China Zhongyuan Engineering Corp., Beijing, China 346.9 361.3 NA 1 0 99 0 0 0 0 0 0
156 126 Rizzani de Eccher SpA, Pozzuolo del Friuli (UD), Italy † 344.5 494.8 222.3 33 0 0 0 24 0 43 0 0
157 163 Xinjiang Beixin Construction & Eng’g Co., Urumqi, Xinjiang, China † 340.6 1,864.6 5,015.8 63 0 0 0 0 0 36 0 0
158 159 Petroleum Projects & Technical Consultations, Cairo, Egypt † 339.2 982.0 982.0 0 0 0 0 0 100 0 0 0
159 183 China Jiangxi Corp. For Int’l Eco. & Tech. Coop., Nanchang, China † 336.4 345.6 580.3 48 0 0 16 0 1 34 0 0
160 161 Kayi Insaat San. ve Tic. AS, Istanbul, Turkey † 335.7 388.8 581.8 100 0 0 0 0 0 0 0 0
161 136 The Shaw Group Inc., Baton Rouge, La., U.S.A. 333.9 4,032.2 3,696.6 0 0 19 0 0 62 1 18 0
162 166 Tepe Insaat Sanayi A.S., Ankara, Turkey † 333.0 526.2 405.4 90 4 0 0 0 0 6 0 0
163 ** Doosan Engineering & Construction Co. Ltd., Seoul, S. Korea 332.3 2,214.0 2,214.0 0 0 1 0 0 75 23 0 0
164 193 China Wu Yi Co. Ltd., Fuzhou, Fujian, China † 329.5 1,022.5 1,188.2 21 4 0 0 0 6 69 0 0
165 211 GAP Insaat Yatirim ve Dis Ticaret AS, Istanbul, Turkey † 328.6 328.6 69.6 30 0 0 0 0 29 41 0 0
166 187 Pan-China Construction Group Co. Ltd., Beijing, China † 328.4 1,090.2 794.3 100 0 0 0 0 0 0 0 0
167 147 Construcoes e Comercio Camargo Correa SA, Sao Paulo, Brazil † 321.8 3,146.4 2,131.8 0 0 6 25 17 4 48 0 0
168 209 IC Ibrahim Cecen Investment Holding Inc., Ankara, Turkey † 320.9 814.8 914.5 92 0 0 0 0 0 8 0 0
169 158 China HuanQiu Contracting & Engineering Corp., Beijing, China † 319.6 2,916.5 6,495.6 0 0 0 0 0 100 0 0 0
170 221 POSCO Engineering Co., Seongnam City, S. Korea † 317.2 764.4 1,437.8 0 3 30 4 0 63 0 0 0
171 170 Anhui Construction Eng'g Group Co. Ltd., Hefei, Anhui, China † 301.8 4,033.0 4,511.0 70 6 0 10 2 0 12 0 0
172 184 Sumitomo Mitsui Construction Co. Ltd., Tokyo, Japan † 301.6 3,005.7 3,200.5 26 6 0 0 1 29 38 0 0
173 194 Metag Insaat Ticaret AS, Ankara, Turkey 294.6 294.6 521.7 51 0 0 0 0 0 49 0 0
174 197 SICIM SpA, Busseto (PR), Italy † 292.3 295.1 785.0 0 0 0 0 0 100 0 0 0
175 199 Rasen Insaat Ve Yatirim Ticaret AS, Istanbul, Turkey † 287.2 287.2 163.0 100 0 0 0 0 0 0 0 0
176 185 AMEC plc, London, U.K. † 276.0 827.3 NA 15 0 7 0 0 31 5 0 0
177 186 Grupo SANJOSE SA, Tres Cantos, Madrid, Spain † 272.5 1,012.1 711.5 97 0 2 0 0 0 0 0 0
178 192 Dogus Insaat ve Ticaret AS, Istanbul, Turkey † 269.8 536.2 730.0 10 0 0 0 0 0 90 0 0
179 ** Yenigun Construction Inc., Ankara, Turkey 264.9 264.9 339.0 71 0 0 0 3 0 26 0 0
180 144 PJSC Stroytransgaz, Moscow, Russia † 263.0 1,496.0 1,300.0 7 0 0 0 0 93 0 0 0
181 217 Limak Insaat Sanayi ve Ticaret AS, Ankara, Turkey 262.5 813.5 1,963.0 30 0 0 27 0 0 44 0 0
182 172 Sener Ingenieria y Sistemas SA, Las Arenas (Getxo), Vizcaya, Spain † 258.6 746.2 743.5 0 20 28 0 0 48 4 0 0
183 138 ELLAKTOR SA, Kifissia, Greece † 253.3 1,558.3 1,346.0 3 0 3 0 16 0 78 0 0
184 ** Zhongmei Engineering Group Ltd., Nanchang, Jiangxi, China 250.1 250.1 206.2 0 0 0 12 2 0 87 0 0
185 156 Kinden Corp., Tokyo, Japan † 248.0 5,543.0 5,543.0 52 8 17 8 0 1 10 0 5
186 ** Aecon Group Inc., Toronto, Ontario, Canada † 243.0 2,896.0 2,000.0 6 3 33 0 0 0 55 0 0
187 180 Arabtec Construction LLC, Dubai, U.A.E. † 242.6 1,214.8 2,559.3 100 0 0 0 0 0 0 0 0
188 190 Prezioso Technilor, Vienne, France † 240.2 415.3 380.0 0 0 8 0 0 92 0 0 0
189 188 Graham Group Ltd., Calgary, Alberta, Canada 240.0 2,000.0 2,900.0 63 0 0 0 0 0 38 0 0
190 206 Zhongding Int’l Engineering Co. Ltd., Nanchang, Jiangxi, China † 239.4 239.4 223.1 49 0 2 9 1 0 0 0 0
191 ** TACA Construction Inc., Levent, Istanbul, Turkey 238.4 260.4 61.3 100 0 0 0 0 0 0 0 0
192 160 CH2M HILL, Englewood, Colo., U.S.A. † 238.1 768.5 1,740.4 25 7 14 1 6 41 0 5 0
193 210 Summa Turizm Yatirimciligi AS, Ankara, Turkey † 235.9 235.9 475.4 100 0 0 0 0 0 0 0 0
194 205 URS Corp., San Francisco, Calif., U.S.A. † 233.0 2,266.4 2,291.2 1 10 29 0 0 2 9 1 0
195 214 Zhejiang Constr. Invest. Group Co. Ltd., Hangzhou, Zhejiang, China † 232.9 5,832.4 6,962.0 100 0 0 0 0 0 0 0 0
196 ** Toda Corp., Tokyo, Japan † 232.0 5,798.0 5,155.0 19 65 0 4 0 12 0 0 0
197 ** Alberici Corp., St. Louis, Mo., U.S.A. † 231.8 872.6 1,268.9 1 10 0 57 0 33 0 0 0
198 ** Eser Contracting and Industry Co. Inc., Ankara, Turkey † 228.4 293.0 1,004.0 5 0 0 38 25 0 30 0 3
199 ** China National Electronics Imp. & Exp. Corp., Beijing, China 227.8 227.8 359.2 15 0 7 0 0 17 0 0 28
200 175 Willbros Group Inc., Houston, Texas, U.S.A. † 227.2 1,447.8 NA 0 0 0 0 0 100 0 0 0
201 117 STFA Construction Group, Istanbul, Turkey 224.8 246.2 480.0 3 0 0 0 1 0 91 0 0
202 157 Atlas Group, Ankara, Turkey † 224.0 239.0 217.5 100 0 0 0 0 0 0 0 0
203 203 China Petroleum Pipeline Eng’g Corp., Langfang City, Hebei, China 222.5 246.1 223.6 0 0 0 0 0 100 0 0 0
204 219 Layne Christensen Co., Mission Woods, Kan., U.S.A. † 222.3 1,089.1 1,037.5 0 0 0 5 0 0 0 0 0
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Rank 2011 REVENUE $ MIL. CONTRACTS
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205 202 Jiangsu Nantong No. 3 Constr. Grp. Co., Haimen, Jiangsu, China † 218.3 3,200.6 3,070.4 100 0 0 0 0 0 0 0 0
206 174 IREM Group, Siracusa, Italy † 216.0 295.0 NA 0 0 21 0 0 79 0 0 0
207 208 Mortenson Construction, Minneapolis, Minn., U.S.A. 213.2 2,467.6 2,192.0 0 0 100 0 0 0 0 0 0
208 220 China Yunan Constr. Eng'g Group Co. Ltd., Kunming, Yunnan, China † 210.1 3,844.4 5,138.0 97 0 0 0 0 0 3 0 0
209 200 Nantong Constr. Group Joint-Stock Co., Nantong, Jiangsu, China † 204.5 1,602.9 1,400.1 33 0 0 1 0 66 0 0 0
210 ** Electra LTD., Ramat Gan, Israel † 200.3 849.0 627.7 100 0 0 0 0 0 0 0 0
211 223 Beta Tek Insaat, Istanbul, Turkey † 198.8 198.8 341.2 26 44 0 0 0 30 0 0 0
212 216 Renco SpA, Pesaro, Italy † 198.1 206.2 101.5 18 0 29 0 0 54 0 0 0
213 ** Kontek Construction, Istanbul, Turkey 194.4 194.4 346.0 100 0 0 0 0 0 0 0 0
214 224 MAKYOL Constr. Indus. Tourism & Trading Inc., Istanbul, Turkey † 193.0 615.7 403.2 0 0 0 0 0 0 100 0 0
215 ** Jiangsu Nantong Liujian Constr. Grp. Co., Rugao, Jiangsu, China † 190.2 1,996.4 1,682.6 100 0 0 0 0 0 0 0 0
216 213 M/s. Afcons Infrastructure Ltd., Mumbai, Maharashtra, India 180.2 461.6 178.2 0 0 0 0 0 0 100 0 0
217 218 Tutor Perini Corp., Sylmar, Calif., U.S.A. † 177.8 4,404.0 2,606.7 64 0 2 25 0 0 9 0 0
218 201 Ingenium International Inc., Detroit, Mich., U.S.A. † 175.8 175.8 85.2 71 0 0 0 0 0 28 0 0
219 ** Sinosteel Equipment & Engineering Co. Ltd., Beijing, China 175.1 1,106.3 1,800.0 0 0 0 0 0 100 0 0 0
220 ** The Lauren Corp., Abilene, Texas, U.S.A. † 171.5 223.8 256.3 0 0 18 0 0 72 0 0 0
221 ** Sinopec Shanghai Engineering Co. Ltd., Shanghai, China 171.2 394.0 533.2 0 0 0 0 0 57 43 0 0
222 ** Energoprojekt Holding plc, Belgrade, Serbia † 168.5 259.7 270.4 54 0 8 0 0 0 38 0 0
223 ** MWH Global, Broomfield, Colo., U.S.A. † 165.0 468.0 713.0 0 0 0 35 65 0 0 0 0
224 ** Caddell Construction Co. Inc., Montgomery, Ala., U.S.A. 162.8 422.5 339.4 100 0 0 0 0 0 0 0 0
225 ** Weihai International Eco. & Tech. Coop. Co. Ltd., Weihai, China † 152.3 152.3 284.3 49 0 0 8 0 0 42 0 1
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Rank 2011 REVENUE $ MIL. CONTRACTS
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2012 2011 FIRM TOTAL INT'L $ MIL
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2012 2011 FIRM TOTAL INT'L $ MIL
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Rank 2011 REVENUE $ MIL. CONTRACTS
MAN
POW
SEW
WAT
GEN
HAZ
TRA
TEL
IND
2012 2011 FIRM TOTAL INT'L $ MIL
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2011 New
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Rank 2011 REVENUE $ MIL. CONTRACTS
MAN
POW
SEW
WAT
GEN
HAZ
TRA
TEL
IND
2012 2011 FIRM TOTAL INT'L $ MIL
154 163 Barton Malow Co., Southfield, Mich., U.S.A. 1,351.4 0.0 1,035.8 51 21 17 0 0 11 0 0 0
155 149 Manhattan Construction Group, Tulsa, Okla., U.S.A. 1,346.9 0.0 1,050.0 85 0 0 0 0 0 15 0 0
156 128 Orascom Construction Industries (OCI), Cairo, Egypt 1,327.5 678.4 1,953.4 20 0 15 1 6 23 23 0 0
157 177 China Jiangsu Int’l Econ-Tech. Coop. Corp., Nanjing, China 1,314.2 582.5 1,618.3 78 0 0 4 0 0 5 0 0
158 147 Renaissance Construction, Ankara, Turkey 1,300.4 1,196.9 2,061.6 71 7 3 0 0 19 1 0 0
159 193 WorleyParsons Ltd., North Sydney, NSW, Australia 1,299.9 718.3 604.1 0 0 4 0 0 92 0 0 0
160 132 Suffolk Construction Co. Inc., Boston, Mass., U.S.A. 1,290.1 5.5 1,393.0 100 0 0 0 0 0 0 0 0
161 151 Alarko Contracting Group, Gebze/Kocaeli, Turkey 1,281.9 456.7 534.7 0 0 61 0 20 1 18 0 0
162 168 Black & Veatch, Overland Park, Kan., U.S.A. 1,243.0 573.7 1,130.7 1 0 33 18 9 2 0 0 36
163 ** First Solar Inc., Tempe, Ariz., U.S.A. 1,242.5 0.0 1,242.5 0 0 100 0 0 0 0 0 0
164 ** The Babcock & Wilcox Co., Charlotte, N.C., U.S.A. 1,219.6 438.8 1,342.2 0 0 100 0 0 0 0 0 0
165 199 Arabtec Construction LLC, Dubai, U.A.E. 1,214.8 242.6 2,559.3 63 0 0 0 0 0 0 0 0
166 160 Hanjin Heavy Industries & Construction Co. Ltd., Seoul, S. Korea 1,199.2 61.3 1,050.9 45 0 7 5 3 1 35 0 0
167 153 China Power Engineering Consltg. Group Co., Beijing, China 1,195.3 61.5 1,992.4 0 0 100 0 0 0 0 0 0
168 189 The Lane Construction Corp., Cheshire, Conn., U.S.A. 1,187.3 0.0 970.0 0 0 0 0 0 0 100 0 0
169 190 Pepper Construction Group, Chicago, Ill., U.S.A. 1,174.8 0.0 853.8 89 0 0 0 10 0 0 0 0
170 ** Mace Ltd., London, U,K. 1,172.2 79.9 745.2 82 0 0 0 0 3 6 0 0
171 166 National Petroleum Construction Co. (NPCC), Abu Dhabi, U.A.E. 1,154.9 375.9 658.1 0 0 0 0 0 100 0 0 0
172 155 The Yates Cos. Inc., Philadelphia, Miss., U.S.A. 1,144.4 28.7 1,350.4 58 21 4 0 0 8 10 0 0
173 180 Walbridge, Detroit, Mich., U.S.A. 1,130.6 150.8 1,377.0 26 57 4 0 1 11 1 0 0
174 214 Tekfen Construction and Installation Co. Inc., Istanbul, Turkey 1,129.0 1,048.0 1,034.0 4 1 5 0 0 64 25 0 0
175 164 Parsons, Pasadena, Calif., U.S.A. 1,124.1 83.3 1,625.4 22 0 8 1 3 3 42 21 0
176 172 Soares Da Costa - Grupo SGPS, Porto, Portugal 1,114.7 744.8 663.0 46 0 3 4 2 1 43 0 0
177 207 Per Aarsleff A/S, AAbyhoej, Denmark 1,112.4 506.8 1,139.5 7 17 20 1 20 0 32 1 0
178 173 Michels Corp., Brownsville, Wis., U.S.A. 1,111.4 68.8 1,111.4 0 4 15 0 8 55 10 0 7
179 ** Sinosteel Equipment & Engineering Co. Ltd., Beijing, China 1,106.3 175.1 1,800.0 0 0 0 0 0 100 0 0 0
180 196 Pan-China Construction Group Co. Ltd., Beijing, China 1,090.2 328.4 794.3 88 0 0 0 0 0 0 12 0
181 185 Layne Christensen Co., Mission Woods, Kan., U.S.A. 1,089.1 222.3 1,037.5 0 0 0 43 23 0 0 2 0
182 184 Societa Italiana Per Condotte D’Acqua SpA, Rome, Italy 1,085.9 421.1 938.4 8 0 0 6 0 0 79 0 0
183 186 Swinerton Inc., San Francisco, Calif., U.S.A. 1,079.2 0.0 1,737.9 93 0 7 0 0 0 0 0 0
184 171 Zachry Holdings Inc., San Antonio, Texas, U.S.A. 1,058.2 0.0 1,335.5 0 0 54 0 0 46 0 0 0
185 170 China Civil Engineering Constr. Corp., Beijing, China 1,054.1 968.6 2,860.4 22 0 0 0 0 0 78 0 0
186 197 Pomerleau, St. Georges, Quebec, Canada 1,050.4 34.1 1,362.0 74 0 9 0 2 1 14 0 0
187 182 C.M.C. di Ravenna, Ravenna, Italy 1,042.6 550.9 1,316.9 18 0 19 9 1 0 52 0 0
188 217 China Wu Yi Co. Ltd., Fuzhou, Fujian, China 1,022.5 329.5 1,188.2 53 3 0 0 0 5 40 0 0
189 179 Flintco LLC, Tulsa, Okla., U.S.A. 1,021.5 0.0 1,018.0 100 0 0 0 0 0 0 0 0
190 154 Grupo SANJOSE SA, Tres Cantos (Madrid), Madrid, Spain 1,012.1 272.5 711.5 73 0 2 2 0 0 18 0 0
191 162 Enka Construction & Industry Co. Inc., Istanbul, Turkey 992.9 881.7 1,446.4 28 1 12 1 0 23 35 0 0
192 219 CGC Overseas Construction Group Co. Ltd., Beijing, China 988.3 912.6 827.2 7 0 0 18 1 0 74 0 0
193 159 Petroleum Projects & Technical Consultations Co., Cairo, Egypt 982.0 339.2 982.0 4 10 0 0 0 85 0 0 0
194 ** China Int’l Water & Electric Corp. (CWE), Beijing, China 968.9 954.6 1,910.0 1 0 19 55 2 1 22 0 0
195 ** HITT Contracting Inc., Falls Church, Va., U.S.A. 961.0 0.0 798.0 91 0 0 0 0 0 0 0 9
196 150 GAMA, Ankara, Turkey 955.3 912.6 1,341.2 1 0 54 26 0 17 2 0 0
197 198 E. Pihl & SØn AS, Kongens Lyngby, Denmark 949.2 464.4 597.7 52 0 9 0 3 2 35 0 0
198 ** ANT YAPI Construction, Industry & Trade Co., Istanbul, Turkey 945.2 772.9 1,033.4 99 0 0 0 0 1 0 0 0
199 ** M+W U.S. Inc., Watervliet, N.Y., U.S.A. 937.4 18.2 971.8 0 100 0 0 0 0 0 0 0
200 138 Iberdrola Ingenieria y Construcciõn, Madrid, Spain 913.7 635.0 943.6 0 0 100 0 0 0 0 0 0
201 176 Nata Construction Tourism Trade & Industry Co., Ankara, Turkey 911.0 376.0 409.0 57 0 0 1 0 0 40 0 0
202 202 Ghella SpA, Rome, Italy 900.0 757.0 534.0 3 0 32 12 1 0 50 0 0
203 200 The Weitz Co., Des Moines, Iowa, U.S.A. 899.4 11.3 635.5 94 0 0 0 0 6 0 0 0
204 175 Sundt Construction Inc., Tempe, Ariz., U.S.A. 892.0 0.0 1,523.6 68 0 7 5 6 0 11 0 3
TE
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2011 New
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Rank 2011 REVENUE $ MIL. CONTRACTS
MAN
POW
SEW
WAT
GEN
HAZ
TRA
TEL
IND
2012 2011 FIRM TOTAL INT'L $ MIL
ZAMBIA
Anhui Foreign Economic
Construction (Group) Co. Ltd.
The Arab Contractors (O.A.O. &
Co.)
BOUYGUES
China Civil Engineering Constr.
Corp.
2012 ENR Top International Contractors – Subsidiaries by Rank 1
Rank Company Subsidiary Rank Company Subsidiary
1 HOCHTIEF AG Concessions
Builders Credit Contracting
Flatiron Construction Corp. Dodin Campenon Bernard (Civil works)
Hochtief CZ as Entrepose Contracting (Civil works)
Hochtief Energy Management GmbH Eurovia (Road works)
Hochtief ÖPP Projektgesellschaft GmbH Filiales Europe Centrale (Civil works)
Hochtief Polska Sp. z.o.o. Sogea Satom & Filiales DOM-TOM (Civil
Hochtief Projektentwicklung GmbH works)
Hochtief Solutions Middle East Qatar WL Solétanche- Freyssinet (Civil works)
Leighton Holdings Ltd. VINCI Energies (Electrical works and
Streif Baulogistik GmbH Industrial process)
The Turner Construction VINCI Autoroutes (Cofiroute, ASF, Escota,
Arcour)
2 Grupo ACS VINCI Concessions
Cobra VINCI Construction France (Building and
Cogesa Civil works)
CYMI/MASA VINCI Construction Grand Projects (Building,
Drace Civil works and dredging)
Dragados VINCI Construction Terrassement (Civil
Dragados Offshore works)
Dravo VINCI Immobilier
Dycasa VINCI PLC (Building and Civil works)
Dycvensa
EECruz 4 STRABAG SE
ETRA Heilit+Worner Bau GmbH
EYRA Josef Mobius Bau AG
FlatIron STRABAG AG, Austria
FPS STRABAG AG, Germany
Geocisa Ed. Zublin AG
Hochtief AG
IMESAPI 5 Bechtel
Initec Bantrel Co.
Intecsa Bechtel Communications
Iridium Bechtel Construction Operations Inc.
John Holland Bechtel Corp.
John P. Picone Bechtel Ltd.
Leighton Bechtel Oil, Gas & Chemicals
MAESSA Bechtel Power Corp.
Makiber Bechtel Systems and Infrastructure Inc.
Pol-Aqua
Pulice 6 Saipem
Schiavone Ersai Caspian Contractor Ltd.
SEMI Petromar Lda.
SICE Saimexicana SA de CV
Tecsa Saipem (Portugal) Comercio Maritimo Lda.
Thiess Saipem America Inc.
Turner Saipem Asian Sdn. Bhd.
Urbaser Saipem Australia Pty.
Vias Saipem Contracting (Nigeria) Ltd.
Saipem Contracting Algerie SpA
3 VINCI Saipem Ltd.
CFE (Building, Civil works and Dredging) Saipem SA
2012 ENR Top International Contractors – Subsidiaries by Rank 2
Rank Company Subsidiary Rank Company Subsidiary
Wu-Zhou Taikisha Engineering Co. Ltd. 93 CGC Overseas Construction Group Co.
(Beijing, Shanghai, Shenzhen) Ltd.
Beijing WuZhou Taikisha Equipment Co. Ltd. CGC Nigeria Ltd.
Makiansia Engineering (M) Sdn. Bhd. CGCOC Algeria Ltd.
Shanghai Dongbo-Taiki Conveyor System Mfg. CGCOC Angola Ltd.
Co. Ltd. CGCOC Cameroon Ltd.
P.T. Taikisha Indonesia Engineering (Jakarta, CGCOC Chad Ltd.
Karawang) CGCOC Ethiopia Ltd.
Taikisha (Singapore) Pte. Ltd. CGCOC Kazakhstan Branch
Taikisha (Taiwan) Ltd.
Taikisha (Taiwan) Ltd., Hsinchu 94 GAMA
Taikisha (Thailand) Co. Ltd. Gama Construction Qatar WLL
Taikisha Argentina Branch Gama Energy
Taikisha Bangplee Factory Gama Industry Arabia Ltd.
Taikisha Canada Inc. Gama Industry Inc.
Taikisha de Mexico SA de CV Gama Nurol JV
Taikisha do Brazil Ltda. Gama Power Systems Inc.
Taikisha Engineering (M) Sdn. Bhd. (K Gate Construction, Industry & Trade Inc.
Lumpur, Shah Alam, Penang, P Jaya)
Taikisha Engineering India Ltd. 95 Enka Construction & Industry Co. Inc.
Taikisha Espana SA AECO LLC
Taikisha Europe Ltd. Çimtas Steel Fabrication & Erection and
Taikisha France Branch Installation Co. Inc.
Taikisha Hungary Branch Enet Project Research and Consulting Co. Inc.
Taikisha Korea Ltd. Enka Construction & Development BV
Taikisha Philippines Inc. Enka Teknik Gen. Contracting, Maintenance,
Taikisha Trading (Thailand) Co. Ltd. Operation & Mgmt. Co.
Taikisha Turkey Branch Enmar Closed Joint Stock Co.
Taikisha Vietnam Engineering Inc. (Hanoi, Ho Kasktas Sliding Form, Substructure, Drilling,
Chi Minh) Piling & Insulation Co. Inc.
Thaiken Maintenance & Service Co. Ltd. Titas Soil Excavation, Construction &
Tianjin Dongchun-Taiki Metal Finishing & Contracting Co. Inc.
Conveyor System Mfr. Co. Ltd.
TKA Co. Ltd.
96 Veidekke ASA
TKS Industrial Co.
Hoffmann A/S
Token Interior & Design Co. Ltd.
Veidekke Entreprenor AS
Veidekke Sverige AB
91 China Civil Engineering Constr. Corp.
CCECC Algeria Ltd.
98 John Sisk & Son Ltd.
CCECC East Africa Ltd.
John Sisk & Son Ltd. U.K.
CCECC Nigera Ltd.
SDD Shanganagh Ltd.
China Civil Engineering Construction
SRB Civil Engineering Ltd.
(Botswana) Pty. Ltd.
99 Zhongyuan Petroleum Exploration Bureau
92 China Int'l Water & Electric Corp. (CWE) PT. ZPEB Indonesia
CWE Huashui Hydropower Development Corp.
ZP Arabia Drilling Co.
CWE South America Construction Ltd.
ZPEB Algeria
CWE Water & Power Press Printing Corp.
ZPEB Ecuador SA
Nam Lik 1-2 Power Ltd., Lao PDR
ZPEB Iran
Nam Ngiep 2 Power Ltd., Lao PDR
ZPEB Kazakhstan
ZPEB Kuwait
ZPEB Madagascar
2012 ENR Top International Contractors – Subsidiaries by Rank 12
Rank Company Subsidiary Rank Company Subsidiary
126 Per Aarsleff A/S 132 Cengiz Construction Industry & Trade Co.
Aarsleff Bygg-och Anlaggnings AB Inc.
Aarsleff Grundlaggnings AB Cengiz Energy Industry & Trade Co. Inc.
Aarsleff Oy Cengiz Libya Construction & Investment JSC
Aarsleff Rorteknik AB
Aarsleff Sp. z.o.o.
133 E. Pihl & Søn AS
Aarsleff Srl
E. Pihl & Søn Grønland APS
Per Aarsleff (UK) Ltd.
Istak HF
Per Aarsleff A/S Latvijas filiale
P/F E. Pihl & Søn Føroyar
Per Aarsleff GmbH
Pihl Inc.
Per Aarsleff Polska Sp. z.o.o.
Pihl Projektinvestering A/S
Per Aarsleff ZAO
Pihl UK Ltd.
UAB Aarsleff
134 Ssangyong Engineering & Construction Co.
127 China Geo-Engineering Corp.
Cameroon Representative Office
Ltd.
Daepo Port Development Corp.
CGC Southern African Ltd. Co.
Incheon North Port Terminal Corp.
China Geology (Hong Kong) Industry Ltd.
Ssangyong Engineering & Construction
Cote D'lvoire Regional Co.
(America) Inc.
East Africa Regional Co.
Ssangyong Engineering & Construction
Ghana Regional Co.
(Saudi)
Guinea-Mali Regional Co.
Ssangyong International Inc.
Kazakhstan Regional Co.
Ssangyong Konstruksi Indonesia
Madagascar Regional Co.
Technopark Biz City
North Africa Regional Co.
Yonghoman Development Corp.
Pakistan Regional Co.
Philippines Regional Co.
Saudi Arabia Regional Co. 136 Onur Taahhut Ticaret Ltd. Stl.
Sri Lanka Regional Co. Onur Arabia Ltd.
Sudan Representative Office Onur Construction Co.
Togo-Benin Regional Co. Onur Ukraine SA
128 Nishimatsu Construction Co. Ltd. 137 The Babcock & Wilcox Co.
Thai Nishimatsu Construction Co. Ltd. Babcock & Wilcox Nuclear Energy Inc.
Babcock & Wilcox Power Generation Group
Inc.
2012 ENR Top International Contractors – Subsidiaries by Rank 15
Rank Company Subsidiary Rank Company Subsidiary
157 Xinjiang Beixin Construction & Eng'g 166 Pan-China Construction Group Co. Ltd.
(Group) Co. Ltd. Hailin New District Ecological Dev. Co. Ltd.
Xinjiang Beixin Road & Bridge Construction Hailin Pan-China Property Co. Ltd.
Co. Ltd. Pan-China (Shenyang) Real Estate Dev. Co.
Ltd.
159 China Jiangxi Corp. For Int'l Eco. & Tech. Pan-China Engineering Co. Ltd.
Coop'n Shenzhen Pan-China Property Co. Ltd.
China Jiangxi Engineering Ghana Ltd. Tianjin Pan-China Industry Co. Ltd.
China Jiangxi International (Ethiopia) Ltd.
China Jiangxi International Kenya Ltd. 167 Construcoes e Comercio Camargo Corrêa
China Jiangxi International Mozambique Ltd. SA
China Jiangxi International Namibia Ltd. Alto Piura
China Jiangxi International Papua New Batalha Hydroelectric Plant
Guinea Ltd. Belo Monte
China Jiangxi International Rwanda Ltd. Berazategui
China Jiangxi International Uganda Ltd. Consorcio Etanol
China Jiangxi International Zambia Ltd. Consorcio Ferrosul
Three -C Zambia Ltd. Cyclone 4
Zambia JX International Engineering Ltd. Estrada de Batalha
Zhong Gan Engineering & Constr. Corp. Huachipa
Botswana Ltd. Jirau Hydroelectric Plant
Metro de Fortaleza
160 Kayi Insaat San. ve Tic. AS Metro de Sao Paulo Linha 4
Bilyap Insaat AS Minerduto Minas Rio
Kayi Filial Sofia Refinaria do Nordeste
Kayý Ýnþaat Sanayi we Tijaret Anonim Þirketi Refinaria do Parana
OOO Kasa Stroy Rio Colorado
Soledade
162 Tepe Insaat Sanayi A.S. Terminal Ferroviario Ponta de Madeira
Betopan Yapi Malzemeleri Sanayi ve Tic. AS Terminal Maritimo Ponta de Madeira
Bil Enerji Bilkent Enerji Uretim TUY IV
Bilan Bilkent Ankara Tepe Otel Isletmeciligi Vila do Mar
Bilintur Bilkent Turizm Yatrim AS VIOL
Sports International Bilkent
TAV Havalinmanlari Holding 168 IC Ibrahim Cecen Investment Holding Inc.
TAV Yatirim Holding ÇelebI-IC Antalya HavalImani Terminal
Tepe Emlak Insaat Yatirim AS Yatirim Ve Isletme AS
Tepe Home Mobilya ve Dekorasyon Urunleri Fraport IFraport I Içtas Antalya HavalImani
Tepe Mobilya Sanayi ve Tic. AS Terminal Yatirim Ve Isletme AS
Tepe Prefabrik Insaat Sanayi ve Tic. AS IC Antbel Antalya Belek TurIzm Yat. AS
Tepe Savunma ve Guvenlik Sistemleri IC Çesme Marina Yatirim Turizm Ve Isi. AS
Tepe Servis ve Yonetim AS IC Içmak MakIne Insaat Ve LojIstIk AS
Tepe-Metag JV IC Içtas Uluslar Arasi Ins. ve TIc. AS
2012 ENR Top International Contractors – Subsidiaries by Rank 17
Rank Company Subsidiary Rank Company Subsidiary
IC Içtas Zafer Bölgesel Havaalani Yatirim Ve Anhui Second Construction Engineering Co.
Isletme AS Anhui Wanjian Property Development Co. Ltd.
IC Ýçtas Astaldi Ýnsaat A.S. Anhui Water Resource Development Co. Ltd.
Içtas Uluslar Arasi Insaat Turizm EneriI Ve
Ticaret AS 172 Sumitomo Mitsui Construction Co. Ltd.
Oren EneriI Elektri Üretim AS Beijing M.B.R. Construction Engineering Co.
Treysan Prefabrik Çelik Yapýlar Ticaret ve Ltd.
Sanayi AÞ PT. SMCC Utama Indonesia
SMCC (Thailand) Co. Ltd.
169 China HuanQiu Contracting & Engineering SMCC Construction India Ltd.
Corp. SMCC Guam Inc.
China Petroleum 6th Construction Co. SMCC Philippines Inc.
HQCEC Lanzhou Co. SMCC Shanghai
HQCEC Liaoning Co.
HQCEC Xinjiang Co. 174 SICIM SpA
HQSM Engineering Co. Constructora SICIM SA de CV
Huanqiu Guangye Engineering (Guangdong) SICIM Ireland Ltd.
Co. Ltd. SICIM Libya for Oil Services
Huanqiu Project Management (Beijing) Co.
Ltd. 175 Rasen Insaat Ve Yatirim Ticaret AS
North China Plng. & Design Inst. of China Soyak International Construction and
Huanqiu Contr. & Eng'g Co. Ltd. Investment Inc.
Sembawang Huanqiu Eng'g Co. Ltd.
Shanghai Chemical Industry Design Institute 176 AMEC plc
Co. Ltd. AMEC Group Ltd.
AMEC Inc.
170 POSCO Engineering Co.
Daewoo Engineering Thailand Co. Ltd. 177 Grupo SANJOSE SA
Carlos Casado
171 Anhui Construction Engineering Group Co. Cartuja SA
Ltd. Constructora SANJOSE SA
Anhui Architectural Science Research & Construtora Udra
Design Institute Ebna SA
Anhui Concrete Product Factory Inversiones SANJOSE Andina
Anhui Construction Engineering Group Reixa Constructora
Domestic Contracting Co. Ltd. SANJOSE India Infrastructures and
Anhui Construction Engineering Group Construction Pvt. Ltd.
Overseas Dev. Co. Ltd. SANJOSE Maroc
Anhui Construction Machinery Factory SANJOSE Peru
Anhui First Construction Engineering Co. SANJOSE Argentina
Anhui Fourth Engineering Co. Ltd. SANJOSE Cabo Verde
Anhui Industrial Plant Installation SANJOSE Constructora Chile
Cooperation SANJOSEPortugal
Anhui Jiangong Industry Development Co.
Anhui Jiangong Technicians' College 178 Dogus Insaat ve Ticaret AS
Anhui Jiuhua Real-Estate Development Co. AYSON Geoteknik ve Deniz Ýnþaat A.Þ.
Ltd. TEKNÝK Mühendislik ve Müþavirlik A.Þ.
Anhui Machinery Dredging Engineering Co.
Anhui Road & Bridge Engineering Co. 180 PJSC Stroytransgaz
Anhui Road & Bridge Group Co. Ltd. LLC STG-M
Anhui Road & Harbor Engineering Co. Ltd. LLC SU - 7 Rhythm
Anhui Sanjian Engineering Co. Ltd. LLC Urengoytruboprovodstroy
2012 ENR Top International Contractors – Subsidiaries by Rank 18
Rank Company Subsidiary Rank Company Subsidiary