ONE ROOF

Investing in sustained growth
Our capital expenditures serve to reinforce and continuously
enhance HOCHTIEF’s leading position in the international
competitive arena. In line with our strategy,
this involves taking the entire life cycle of infrastructure
projects, real estate and facilities into account. We aim
to achieve sustainable growth in promising markets by
systematically augmenting our integrated service portfolio.
Most of our capital expenditure in 2010 will be under-
taken at our Australian subsidiary Leighton and is ear-
marked for investments in capital-intensive, highly prof-
itable contract mining activities. Investments will also
be made especially in our concessions and services
business as well as in renewable energies.
Innovation as a key success factor
HOCHTIEF will continue to forge ahead with its innovation
management in 2010. Sustainability will continue to
be a key focus. By again broadening ideas management,
we aim to harness the potential of employee ideas even
more consistently in developing the company. The 2010
budget for central Group-wide innovation management
activities will be around the same level as in previous
years.
Ongoing optimization of procurement
In 2010, our procurement volume is expected to once
again attain a high level, at around 70 percent of Group
sales. A number of measures are planned to further
boost procurement efficiency. As we continue to systematically
standardize procurement processes going
forward, we will exploit economies of scale. We expect
a considerable further reduction in procurement costs
on the whole.
❘ Information for our Shareholders ❘ ❘ Management Report ❘ ❘ Financial Statements and Notes ❘
Human resources strategy to prime growth
The success of our company’s business is driven by
the performance, qualifications and motivation of our
employees. HOCHTIEF’s long-term projects require a
focused human resources strategy. Our goal is to find
suitable employees and foster their long-range loyalty
to the company.
HOCHTIEF will continue to implement and continually
improve successful measures for advancing especially
qualified and talented employees as well as a comprehensive
range of training and continuing education programs.
In order to meet ongoing future requirements for quali-
fied specialist and managerial staff, we will focus again
in 2010 on positioning HOCHTIEF as an attractive employer
worldwide. The regional presence of Group
companies, their image and HOCHTIEF’s international
network play key roles in this regard. We run numerous
recruitment drives to attract new employees and focus
on filling open positions from within the company. For
example, our Global Recruiting Initiative resulted in the
creation of a network allowing vacant positions to be
advertised across national borders.
We continually work on expanding and improving our
human resources management activities and attach
great importance to employee satisfaction. For instance,
during the year under review, the HOCHTIEF People.Index
was introduced as a tool for conducting regular surveys
that can be used by employees to give their feedback
on workplace satisfaction and commitment.
Opportunities
Leading economic institutes forecast worldwide growth
of around four percent in 2010 with regional variations
in growth rates. In the markets and growth segments in
which HOCHTIEF operates, we have identified numerous
opportunities for expanding our business.
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