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Vinci (Euronext: DG) is a French construction and electrical engineering company, formerly called Société Générale d'Enterprises. It employs over 164,000 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.
[edit] HistoryThe company was founded by Alexandre Giros and Louis Loucheur as Société Générale d’Entreprises S.A. (SGE) in 1899[3]. In 1986 SGE acquired Sogea, a business founded in 1878[3]. In 1988 the company acquired Campenon Bernard, a business founded in 1920[3]. In 1991 SGE acquired Norwest Holst, a company founded in 1969[3]. In 2000 it changed its name to Vinci[3]. In 2001 it acquired Groupe GTM itself a combination of Dumez, founded in 1880, and GTM founded in 1891[3]. In 2006 the company acquired Autoroutes du Sud de la France (the Southern Freeways Company)[4]. In February 2007 Vinci completed the acquisition of Soletanche-Bachy, the world-leading geotechnical specialist contractor[5]. [edit] OwnershipSGE 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[6]. [edit] Financial data
[edit] Turnover analysisThe turnover is split as follows:[7]
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. [edit] Major projectsVinci and its predecessor companies has been involved in many major projects including the Gariep Dam completed in 1971[8], the Tour Montparnasse completed in 1972[9], the Centre Georges Pompidou completed in 1977[10], the Yamoussoukro Basilica completed in 1989[11], the new visitor entrance to the Louvre completed in 1989[12], the Channel Tunnel completed in 1994[13], the Pont de Normandie completed in 1995[14], the Stade de France completed in 1998[15] and the Rio-Antirio bridge, completed in 2004. [edit] InvestorsThe investors comprise:[7]
[edit] References
[edit] External links
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