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In our global procurement network, we significantly<br />

stepped up information exchange and cooperation between<br />

our European units and our US subsidiaries<br />

Turner und Flatiron. This enabled us to coordinate invitations<br />

to tender, bundle volumes as well as exchange<br />

contacts and market information.<br />

Direct purchasing expanded worldwide<br />

Our trading companies HOCHTIEF Global Trade and<br />

HOCHTIEF Procurement Asia source high-quality supplies<br />

worldwide. The companies reduce process costs<br />

by bundling volumes and obtain better terms by purchasing<br />

directly. At HOCHTIEF Global Trade, the focus<br />

is primarily on technical building installations, flooring<br />

and wall materials, and sanitary equipment. HOCHTIEF<br />

Procurement Asia concentrates on product groups that<br />

are purchased in Asia, mainly tiles, mosaics, natural<br />

stone, laminate and sanitary materials.<br />

In 2009, HOCHTIEF also developed its own brand,<br />

HOCHMEISTER, and registered it in key markets for<br />

the product groups comprising sanitary appliances,<br />

sanitary ceramics, bathroom equipment, bathroom furniture,<br />

tiles, natural stone, mosaics, lighting and hotel<br />

furniture. Our two trading companies, HOCHTIEF<br />

Global Trade and HOCHTIEF Procurement Asia, are<br />

responsible for quality assurance and sales.<br />

❘ Information for our Shareholders ❘ ❘ Management Report ❘ ❘ Financial Statements and Notes ❘<br />

Turner Logistics<br />

In response to the economic crisis, our US subsidiary<br />

Turner Logistics is now offering product planning and<br />

procurement services for state healthcare institutions<br />

and other projects outside its national borders, too.<br />

Having secured a contract to fit out a data center in<br />

Toronto, it will be operating in Canada for the first time.<br />

Together with HOCHTIEF Procurement Asia, Turner<br />

Logistics is to supply a hotel in Charlotte, North Carolina,<br />

among other things with sanitary equipment. The<br />

contract is worth more than EUR 100 million. In addition,<br />

Turner Logistics has stepped up cooperation with<br />

HOCHTIEF and its US civil engineering subsidiary<br />

Flatiron—to the benefit of all partners.<br />

Our new brand<br />

HOCHMEISTER: A mark of<br />

high-quality products such as<br />

tiles, mosaics, sanitary appliances<br />

and equipment, and<br />

hotel furniture.<br />

For the outlook on procurement,<br />

please turn to “Looking<br />

Ahead: Outlook and Opportunities”<br />

on page 121.<br />

Annual Report 2009 59

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