Since the development of manufacturing processes in the late 1700s, construction companies have become vital in the process of developing cities, towns, and villages.
Because of the vast need for construction in general, there are a ton of construction companies in the world. Some of which are small enough for a local city or village, while others are giant companies that have millions of dollars in revenue and thousands of employees.
Local construction companies are just as important as the giant companies of the world. However, to fully understand construction companies, one should go over the biggest construction companies in the world to fully understand the subject.
List of the 12 Biggest Construction Companies in the World
As noted, down below is a list of 12 of the biggest construction companies in the world. This list isn’t in any particular order since it slightly changes every year. However, several of these companies have remained as the top construction businesses in the world for several years.
1. ACS Actividades de Construcción y Servicios S.A.
ACS Actividades de Construcción y Servicios S.A. is a Spanish company for civil and engineering construction. Being founded in 1997, their headquarters is located in Madrid, Spain and they have around 210,000 employees. According to 2018 statistics, they had a revenue of €34.058 billion. Making them one of the largest construction companies in the world.
2. Hochtief Aktiengesellschaft
Hochtief Aktiengesellschaft is a German construction company. Being founded in 1874, they’re based in Essen, North Rhine-Westphalia, Germany and have around 54,000 employees. According to 2018 statistics, they had a revenue of €22.63 billion. Making them one of the oldest and largest construction companies in the world.
3. China Communications Construction Group Ltd
China Communications Construction Group Ltd is a Chinese construction company. Being founded in 2005, their headquarters is located in Beijing, China and they have around 118,000 employees. According to 2018 statistics, they had a revenue of $70 billion. Making them one of the largest construction companies in the world.
4. VINCI
VINCI is a French construction company. Being founded in 1899, their headquarters is located in Rueil Malmaison, France and they have over 211,000 employees. According to 2018 statistics, they had a revenue of €43.52 billion. Making them one of the largest and oldest construction companies in the world.
5. Bechtel
Bechtel Corporation is an American construction company. Being founded in San Francisco in 1898, their headquarters is now located in Reston, Virginia. They have around 55,000 employees. According to 2017 statistics, they had a revenue of $25.9 billion. Making them one of the oldest and largest construction companies in the world.
6. Strabag
Strabag is an Austrian construction company. Being founded in 1835, their headquarters is located in Vienna, Austria and they have around 76,000 employees. According to 2018 statistics, they had a revenue of €13.51 billion. Making them one of the largest and oldest construction companies in the world.
7. TechnipFMC
TechnipFMC is a United Kingdom-based global oil and gas company, as well as a construction company. Being founded in 2017, their headquarters is located in London, England and they have around 37,000 employees. According to 2018 statistics, they had a revenue of $13.51 billion. Making them one of the largest and youngest construction companies in the world.
8. Bouygues
Bouygues is a French construction company. Being founded in 1952, their headquarters is located in Paris, France and they have around 115,000 employees. According to 2018 statistics, they had a revenue of €32.9 billion. Making them one of the largest construction companies in the world.
9. Balfour Beatty
Balfour Beatty is a United Kingdom-based infrastructure group. Being founded in 1909, their headquarters is located in London, England and they have around 26,000 employees. According to 2018 statistics, they had a revenue of £7.802 billion. Making them one of the largest construction companies in the world.
10. China State Construction Engineering Corp. Ltd.
China State Construction Engineering Corp. Ltd. is a Chinese construction company. Being founded in 1957, their headquarters is located in Beijing, China and they have around 270,000 employees. According to 2018 statistics, they had a revenue of $28.49 billion. Making them one of the largest construction companies in the world.
11. Skanska AB
Skanska AB is a Swedish construction company. Being founded in 1887, their headquarters is located in Stockholm, Sweden and they have around 43,000 employees. According to 2018 statistics, they had a revenue of $18.15 billion. Making them one of the largest and oldest construction companies in the world.
12. Power Construction Corp. of China
Power Construction Corp. of China is a Chinese construction company. Being founded in 2011, their headquarters is located in Beijing, China and they have around 135,000 employees. According to 2018 statistics, they had a revenue of $45.6 billion. Making them one of the largest and youngest construction companies in the world.
What is the Oldest Construction Company that Still Exists?
Kongo Gumi is a Japanese construction company that began in 578 AD. Making it the oldest and continually operated business in the entire world. Today, their headquarters is located in Osaka, Japan and they became a subsidiary of Takamatsu in 2006.
How Long have Construction Companies Existed?
It’s hard to determine exactly who the “first” ever construction was since basic construction has lasted for as long as humans have existed. The reality is, the true definition of a construction company becomes more vague as people look back in history. A basic form of a “construction company” has essentially existed for as long as humans have been around.
Conclusion
Besides the construction companies listed in this article, there are a ton of companies that are emerging as some of the biggest corporations in the world. Some of which will surpass the companies in this list as the 12 biggest construction companies in the world.
