Key figures related to procurement topics

In 2018, HOCHTIEF spent EUR 17.4 billion on the procurement of materials—such as concrete, steel and wood—and subcontractor services—such as the services of crafts trades operating as subcontractors for HOCHTIEF, corresponding to approximately 74% of Group work done. Effective and efficient procurement processes thus represent a key success factor for our Group. Sustainability plays a vital role at HOCHTIEF and is firmly rooted in our strategy. This also extends to procurement, which has been one of the six sustainability focus areas since 2016.

In 2018, 64.52% of our procurement volumes across the entire HOCHTIEF Group were contracted to partners from the respective regions. (2017: 70%)

In 2018, some 1,056 evaluations were carried out centrally in Europe for the main goods and services provided by our subcontractors, suppliers, and planners (735 evaluations in 2017).