ONE ROOF

32 Annual Report 2009
Combined Company and Group
Management Report
Group structure and business activities
Corporate Headquarters (management holding company)
Control level (corporate centers)
Service level
HOCHTIEF Insuran ce Broking and Risk Management Solutions GmbH
HOCHTIEF ViCon GmbH
HOCHTIEF
Americas
Divisions
HOCHTIEF
Asia Pacific
HOCHTIEF
Concessions
Control and service levels integrated into Group
structure
The HOCHTIEF Group comprises six operating divisions.
The management holding company has a control and a
service level.
The control level—the Executive Board and the Group’s
corporate centers—is responsible for the strategic and
organizational development of HOCHTIEF Aktiengesellschaft.
The corporate centers are Global Procurement,
Controlling, Finance/Investor Relations, Human Resources,
Accounting, Legal, Auditing, Tax, Corporate
Development, Corporate Communications, Insurance
Management and Corporate Governance/Compliance.
The serv ice level brings together a range of ancillary
functions for the Group as a whole, with Service Center
units providing support in communications, accounting,
legal, tax and other matters. The occupational
safety, health and environmental protection competence
center OSHEP is also part of the service level.
Our two companies HOCHTIEF Insurance Broking and
Risk Management Solutions and HOCHTIEF ViCon are
likewise directly owned by HOCHTIEF Aktiengesellschaft.
Their task is to develop and implement trailblazing solutions
in order to generate further added value for the
Group.
HOCHTIEF
Europe
HOCHTIEF
Real Estate
HOCHTIEF
Services
HOCHTIEF Insurance Broking and Risk
Management Solutions
HOCHTIEF Insurance Broking and Risk Management
Solutions offers insurance services spanning the entire
life cycle of infrastructure projects, real estate and facilities
before, during and after construction. The brokerage
insures project risks across the Group—for example,
covering construction work on infrastructure projects,
real estate and facilities. This service is not restricted to
Group companies but is also available to third parties—
notably those involved in a project. For the period after
the end of the construction phase, clients, owners and
end users can purchase cover for risks such as fire and
business interruption.
HOCHTIEF Insurance’s portfolio is rounded out with
reinsurance services used mainly by the HOCHTIEF
Americas division. This includes insurance for construction
work, subcontractor default and liability risks.
Our insurance activities not only allow us to cut insur­
ance costs in that HOCHTIEF covers calculable risks
itself. HOCHTIEF Insurance also brings in additional
revenue and earnings by writing business with outside
partners.