Top 10 Contractors in Europe in 2021 by Contract Expenditure
China National Chemical Engineering Co Ltd, Vinci SA, Bechtel Group Inc, STRABAG SE, and Royal BAM Group NV are the major 5 contractors in Europe in 2021 by contract expenditure. Collectively, the major 10 contractors in Europe had a contract expenditure of $58,731 million with the highest contract expenditure being registered by China National Chemical Engineering Co Ltd ($9,580 million) followed by Vinci SA ($8,629 million) and Bechtel Group Inc ($7,661million), while PORR AG ($3,442 million) had the lowest contract expenditure. They employed a total of 626,415 people in 2021. China-based China National Chemical Engineering Co Ltd is the leading contractor (by contract expenditure). The company reported revenues of $21,383 million for the fiscal year ended June 2021 (FY2021), an increase of 34.1% over FY2020 due to the overall increase in sales. The company is a provider of engineering services. Its key services include engineering contracting, research of process technology, prospecting, and related services. Its engineering services comprise engineering, procurement, and construction (EPC), build, lease, and transfer (BLT), project management contract (PMC), build, operate, transfer (BOT), and build, own, operate, and transfer (BOOT). The company employs 42,820 people in FY2021. France-based Vinci SA is one of the leading contractors in Europe (by contract expenditure). The company reported revenues of $59,101 million for the fiscal year ended December 2021 (FY2021), an increase of 18% over FY2020. The company is an integrated construction and engineering company. It designs, builds, finances, and manages facilities and infrastructure such as transport systems, public and private buildings and urban development, and water, energy, and communication networks. The company’s portfolio of services includes infrastructure development, civil and hydraulic engineering, upstream design and coordination, consultancy, and maintenance and technical support services for transport infrastructure and public facilities. It employs 219,299 people in 2021.