Search results for: Hochtief

102 results

A list of search results

  • 29 February 2012

    HOCHTIEF, one of the leading international providers of construction-related services, releases 2011 Annual Report marked by negative nonrecurring items, but also by operational strength. Inherited issues put pressure on earnings thus a consolidated net loss of EUR 160 million is reported. However, order backlog and work done exceed levels of record year 2010. Estimations for […]

  • 21 February 2012

    HOCHTIEF Solutions has commissioned the construction of a further heavy-lift jack-up vessel from the Crist shipyard in Poland for the installation of offshore wind farms. The vessel, dubbed “VIDAR,” is to start operating in 2013 to meet the huge demand for special-purpose equipment in this booming market. The VIDAR will be HOCHTIEF’s fourth heavy-duty craft, […]

  • 16 November 2011
    Business & Finance

    HOCHTIEF’s operating business performed as planned in the third quarter of 2011: The Group is in the black, with profit before taxes of EUR 333.0 million and consolidated net profit of EUR 98.7 million. That means HOCHTIEF achieved turnaround in the operating business, although it has not yet fully made good the loss incurred in […]

  • 3 September 2012

    HGO InfraSea Solutions, a joint venture between HOCHTIEF and GeoSea—a subsidiary of the Belgian DEME Group—today officially commissioned the wind market’s most powerful jack-up vessel, the INNOVATION. In the company of around 600 guests from the European offshore market, Geertrui Van Rompuy-Windels, wife of the President of the European Council, christened the ship in Bremerhaven. […]

  • 14 August 2012
    Business & Finance

    HOCHTIEF generated profit before taxes of EUR 166.1 million in the second quarter of 2012 after incurring a loss in the first three months of the year. The HOCHTIEF Asia Pacific division returned to the black. The troubled Airport Link project, a toll road in Brisbane, was opened to traffic and handed over. The desalination […]

  • 12 December 2013
    R&D

    In the next few days, HOCHTIEF Solutions will commission a further powerful jack-up vessel for the construction of offshore wind farms. In the company of around 300 guests from the European offshore market the ship named VIDAR will officially be commissioned in Bremerhaven on December 12. The jack-up vessel was developed especially for construction and […]

  • 28 October 2010
    Operations & Maintenance, Wind Farm Update

    Global Tech I including 80 plants to be created northwest of Cuxhaven in the North Sea – Energy suppliers as client HOCHTIEF Construction has been awarded the contract for another offshore wind farm. From mid-2012, the HOCHTIEF subsidiary is expected to start constructing the wind farm Global Tech I in the German North Sea. The […]

  • 4 May 2012
    Business & Finance

    HOCHTIEF went through many challenges in 2011: The Group’s strong operating business with a new record order backlog of almost EUR 49 billion was countered by severe setbacks in two projects and its Habtoor Leighton joint venture (Dubai). The Group was unable to offset them in full and incurred an overall consolidated net loss of […]

  • 10 August 2012

    HOCHTIEF will be exhibiting at IdeenPark, the largest technology exhibition experience in the Ruhr area in Germany, from 11 to 23 of August 2012. HOCHTIEF will present on energy infrastructure in the IdeenPark’s energy park at Messe Essen, Hall 3, booth 22. Solutions for development of renewable energies will be presented under the motto “On […]

  • 17 September 2015
    Vessels

    On Tuesday 15 September, Jan De Nul Group signed the taking-over of the offshore jack-up crane vessel Vidar, formerly operating for the German company Hochtief. “With the Vidar in our fleet we considerably extend our specialized services for the installation of offshore windparks,” says Peter De Pooter, Manager Offshore Renewable at Jan De Nul Group. […]

  • 15 October 2013
    Training & Education

    At the end of September HOCHTIEF Solutions conducted a first comprehensive offshore rescue exercise in a construction site in the North Sea (Global Tech I). Together with its partners, the team from the Civil Engineering Marine and Offshore branch practiced all processes related to the emergency rescue and the transportation of a severely injured offshore […]

  • 12 October 2010
    R&D

    A joint venture between HOCHTIEF Construction and the project and heavy-lift carrier provider BELUGA Shipping has commissioned the construction of a special jack-up vessel for the more rapid assembly of offshore wind turbines from the Polish shipyard Crist. The vessel should go into service in 2012, in order to meet the big demand for special […]

  • 30 August 2010
    Business & Finance, R&D

    Wind farm with 80 turbines being built north of Rügen – 50% share in joint venture Hochtief Construction and the Belgian DEME Group have been contracted to construct major elements of the German Baltic EnBW Baltic 2 wind farm. The joint venture will deliver and erect the foundations and will handle logistics for the construction […]

  • 16 November 2011
    Business & Finance

    Hochtief AG (HOT), Germany’s largest builder, plans to set up a joint venture with an investment partner to develop offshore wind farms.   By Stefan Nicola (bloomberg) [mappress] Source: bloomberg, November 16, 2011; Image: hochtief

  • 19 May 2015
    Business & Finance, Vessels

    Mid October 2014, DEME’s marine foundations specialist GeoSea announced the upcoming acquisition of offshore assets of HOCHTIEF, one of Germany’s leading international construction groups. The financial close of the transaction has now been achieved. HOCHTIEF sold all its offshore assets to marine contractor and long-term partner GeoSea. GeoSea acquired full control of jack-up vessels ‘Innovation’ and […]

  • 20 March 2012

    HOCHTIEF Offshore Development Solutions has acquired the four offshore wind farms, North Sea Windpower 4-7 (NSWP 4-7), from the project developer Enova for an undisclosed purchase price. The joint venture founded by HOCHTIEF Solutions and Ventizz Capital Partners (50:50 share) is thus developing a total of five offshore wind farms in the German Exclusive Economic […]

  • 12 November 2013
    Business & Finance

    German construction group Hochtief is very likely to sell its offshore division, according to German newspaper Wirtschaftswoche and the Handelsblatt. Company’s spokesman did not confirm this, explaining that their final decision is conditioned by political developments. This probably means that the decision depends on the ongoing coalition talks between the CDU / CSU (Christian Democratic […]

  • 17 February 2012
    Business & Finance

    HOCHTIEF Solutions and Ventizz Capital Partners together want to acquire concessions, develop and sell farms With economic effect from February 1, 2012, HOCHTIEF Solutions and Ventizz Capital Partners have set up a joint venture for the development of offshore wind farms. The two partners each hold a 50 percent interest in the company HOCHTIEF Offshore […]

  • 23 December 2013
    Wind Farm Update

    From now on, the jack-up vessel Brave Tern from Fred. Olsen Windcarrier will work on the installation of wind turbines in the Global Tech I wind farm. This means, according to plan, a second vessel will supplement the installation work of towers and nacelles in addition to HOCHTIEF’s vessel Thor at the North Sea wind […]

  • 19 October 2014

    Billions Set to Be Invested in German Offshore Wind Projects A downturn in the German offshore wind industry could soon come to an end. RWE Abandons Galloper OWF Project RWE has recently reviewed the development status of the Galloper offshore wind farm as a ROC accredited project. GeoSea Buys HOCHTIEF’s Offshore Assets, Becomes Full Owner […]

  • 6 December 2013
    Technology

    The ceremonial raising of the flag on Vidar, the powerful jack-up vessel, took place in CRIST Shipyard (Gdynia, Poland) today (December 6). CRIST delivered Vidar, its second heavy lift jack-up barge for Hochtief Solutions. The vessel was developed for the construction and maintenance of offshore wind farms. Her spacious deck cargo (3400 sqm) and the […]

  • 20 September 2015

    Jan De Nul Takes Over Hochtief’s WTIV On Tuesday 15 September, Jan De Nul Group signed the taking-over of the offshore jack-up crane vessel Vidar, formerly operating for the German company Hochtief. Dong Seeks Turbine Suppliers for 5 Projects DONG Energy Wind Power A/S has issued a call for tenders for the supply of offshore […]

  • 23 May 2014

    Bladt Industries, an international steel contractor, has erected the first out of 41 Baltic 2 offshore wind farm jackets at its Lindoe construction site. Last year, the company received an order from ARGE Baltic 2 Foundations, a joint venture between HOCHTIEF Offshore Crewing, HOCHTIEF Solutions AG and GeoSea NV, who are responsible for the design, […]

  • 12 August 2013

    The energy transition and offshore industry have been the focus of politicians and the public, and have also been discussed in a very controversial manner, with many falsehoods spread all over Germany. Triggered by such developments, relevant stakeholders are eager to give their own side of the story to the public. As a result, Dipl. […]

  • 6 July 2011
    Business & Finance, Operations & Maintenance, Technology

      HOCHTIEF has a new partner for the construction and operation of dynamically positioned offshore jack-up vessels for offshore windfarms and oil&gas: GeoSea, which is part of the Belgian DEME Group, is taking over the BELUGA HOCHTIEF Offshore GmbH shares that were sold by the heavy-lift shipping company Beluga with financial effect on June 1, […]

  • 15 October 2010
    R&D

    AREVA is joining forces with the BELUGA HOCHTIEF Offshore joint-venture, to offer its customers a unique installation and maintenance solution for large-scale offshore wind parks in reduced time. AREVA is responding to the new challenges faced by its customers in the booming offshore market. With this partnership, the group will provide a cost-effective new package […]