HOCHTIEF spends a large portion of total Group income every year on the procurement of materials and services. With our three divisions HOCHTIEF Americas, HOCHTIEF Asia Pacific and HOCHTIEF Europe, we are present in all the world's major markets.
At HOCHTIEF, the decentralized project business is of primary importance. Within HOCHTIEF Solutions AG—comprising the operational units HOCHTIEF Infrastructure GmbH, HOCHTIEF PPP Solutions, synexs GmbH and HOCHTIEF Engineering GmbH—the procurement officers support the projects on the spot and thus form part of the individual project teams.
Purchasing for the projects is coordinated by a central unit of HOCHTIEF Solutions AG. Besides Governance and Compliance tasks, this central unit also is in charge of negotiating and making available the materials and services required by all units. In addition, Procurement of HOCHTIEF Solutions AG takes over the purchasing function of HOCHTIEF Aktiengesellschaft.
In all procurement operations, we place great value on a well-functioning network. Sharing knowledge and exploiting synergies—this does not only apply to our projects at national level. Our three divisions also support each other at international level, for example in connection with globally operating suppliers and subcontractors.
HOCHTIEF Solutions adheres to the same guiding principles as HOCHTIEF Aktiengesellschaft.