| Type | Société Anonyme |
|---|---|
| Traded as | Euronext: DG |
| Industry | Construction, civil engineering |
| Founded | 1899 |
| Founder(s) | Alexandre Giros, Louis Loucheur |
| Headquarters | Rueil-Malmaison, France |
| Area served | Worldwide |
| Key people | Xavier Huillard (Chairman and CEO), Yves-Thibault de Silguy (Vice-Chairman) |
| Services | Infrastructure and property construction, transport infrastructure concessions (motorways, tunnels, bridges, car parks), energy infrastructure and services |
| Revenue | €33.38 billion (2010)[1] |
| Operating income | €3.429 billion (2010)[1] |
| Profit | €1.776 billion (2010)[1] |
| Total assets | €56.41 billion (end 2010)[1] |
| Total equity | €13.02 billion (end 2010)[1] |
| Employees | 179,530 (end 2010)[1] |
| Divisions | Eurovia, Vinci Park, Vinci Energies, Vinci Construction, Autoroutes du Sud de la France |
| Website | www.vinci.com |
Vinci is a French concessions and construction company, formerly called Société Générale d'Enterprises. It employs over 179,000 people and is the largest construction company in the world by revenue.[2] Vinci is listed at Euronext's Paris stock exchange and is a member of the CAC 40 index. Its head office is in Rueil-Malmaison.[3]
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The company was founded by Alexandre Giros and Louis Loucheur as Société Générale d’Entreprises S.A. (SGE) in 1899.[4]
In 1986 SGE acquired Sogea, a business founded in 1878.[4]
In 1988 the company acquired Campenon Bernard, a business founded in 1920.[4]
In 1991 SGE acquired Norwest Holst, a company founded in 1969.[4]
In 2000 it changed its name to Vinci.[4]
In 2001 it acquired Groupe GTM itself a combination of Dumez, founded in 1880, and GTM founded in 1891.[4]
In 2006 the company acquired Autoroutes du Sud de la France (the Southern Freeways Company).[5]
In February 2007 Vinci completed the acquisition of Soletanche-Bachy, the world-leading geotechnical specialist contractor.[6]
In 2008, VINCI created the think tank The City Factory.[7]
In 2010, VINCI acquired Cegelec and the European aggregates businesses of Tarmac.
SGE was owned by Compagnie générale d'électricité (CGE), now Alcatel, from 1966 to 1984, then by Saint-Gobain from 1984 to 1988, and then by Compagnie générale des eaux, now Vivendi, from 1988 to 2000.[8]
| Year | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 |
|---|---|---|---|---|---|---|---|
| Sales | 17 331 | 17 172 | 17 554 | 18 100 | 19 520 | 21 543 | 25 634 |
| EBITDA | 1 122 | 1 557 | 1 664 | 1 778 | 2 021 | 2 150 | 3 946 |
| Net Result share of the group | 423 | 453 | 470 | 541 | 731 | 871 | 1 270 |
| Net Debt | 1 855 | 2 072 | 2 493 | 2 266 | 2 285 | 1 579 | 14 796 |
| Staff | 122 070 | 129 499 | 127 380 | 127 513 | 128 433 | 133 513 | 142 500 |
The turnover is split as follows:[9]
The company operates under the VINCI Park brand a number of underground parking garages which it built in Paris (e.g. under the Champs-Élysées) and elsewhere.
Vinci and its predecessor companies has been involved in many major projects including the Gariep Dam completed in 1971,[10] the Tour Montparnasse completed in 1972,[11] the Centre Georges Pompidou completed in 1977,[12] the Yamoussoukro Basilica completed in 1989,[13] the new visitor entrance to the Louvre completed in 1989,[14] the Channel Tunnel completed in 1994,[15] the Pont de Normandie completed in 1995,[16] the Stade de France completed in 1998[17] and the Rio-Antirio bridge, completed in 2004.
Vinci is involved in construction of the first 43 km of the Moscow-St.Petersburg toll road through the valuable Khimki Forest. This construction has raised many protests in Russia, 75% of the local community – about 208.000 citizens of Khimki – oppose the project.[18]
The investors comprise:[9]
