Top 10: Largest Construction Companies in the UK and Europe

The construction industry in the UK and Europe stands as a cornerstone of economic growth, contributing significantly to GDP and employment. 

These regions boast some of the world's largest and most innovative construction firms, renowned for their cutting-edge projects and sustainable practices. 

It is no secret that the industry faces challenges such as labour shortages, rising material costs and the need for increased digitalisation. 

However, it continues to push boundaries with ambitious infrastructure projects and a growing focus on clean energy initiatives. 

Despite global economic uncertainties, the sector remains resilient, adapting to new technologies and environmental regulations while striving to meet the demands of urbanisation and modernisation.

Here, we look at the top ten construction companies in the UK and Europe by 2023 revenue.

10. Eiffage

Revenue: €4.26bn (US$4.73bn)
Employees: 78,200
CEO: Benoît de Ruffray

Eiffage, a leading European construction company headquartered in France, that collaborates with major firms like Google Cloud to enhance AI adoption. 

This collaboration aims to boost efficiency, leverage data and enhance sustainability. It includes creating an internal technology platform and AI training programmes for employees.

The company specialises in construction, property development and energy systems, aiming to create sustainable cities and infrastructure. 

Eiffage's focus on low-carbon construction and innovation addresses climate change challenges. 

9. Royal BAM Group

Revenue: €5.54bn (US$6.16bn)
Employees: 13,500
CEO: Ruud Joosten

Royal BAM Group collaborates with major clients across various sectors, including government bodies and private corporations. 

The company's headquarters is in Bunnik, Netherlands. 

BAM specialises in construction, property development, civil engineering and public-private partnerships.

Royal BAM Group has set science-based targets to reduce its CO2 intensity by 50% by 2030 compared to 2015 levels. 

8. Ferrovial 

Revenue: €7.07bn (US$7.86bn)
Employees: 24,799
CEO: Ignacio Madridejos Fernandez

Ferrovial, headquartered in Amsterdam, Netherlands, is a Spanish multinational infrastructure company operating in over 20 countries. 

They specialise in highway concessions, airport management, construction and sustainable mobility projects. 

The company aims to create sustainable environments, focusing on reducing carbon footprints and enhancing social value.

Ferrovial has set ambitious targets to reduce CO2 intensity by 50% by 2030 compared to 2015 levels.

7. Acciona

Revenue: €7.72bn (US$8.58bn)
Employees: 64,570
CEO: José Manuel Entrecanales

Acciona has set ambitious targets to reduce its carbon footprint and achieved carbon neutrality in 2016. 

Headquartered in Alcobendas, Spain, is a multinational conglomerate specialising in sustainable infrastructure and renewable energy. 

The company collaborates with major clients for renewable energy projects. 

Acciona aims to lead the transition towards a low-carbon economy, focusing on technical excellence and innovation to create sustainable environments.

Acciona has set ambitious targets to reduce its carbon footprint and achieved carbon neutrality in 2016. 

6. Balfour Beatty

Revenue: €9.42bn (US$10.47bn)
Employees: 26,000 
CEO: Leo Quinn

Balfour Beatty, the company aims to lead the transformation of the construction industry, focusing on sustainable solutions and strengthening communities.

Headquartered in London, it is a leading international infrastructure group operating across the UK, US and Hong Kong. 

Balfour Beatty specialises in construction services, support services and infrastructure investments.

The company has achieved carbon neutrality and is working towards further reducing its environmental impact. 

It has also worked on several major projects, including the £1.5bn (US$1.9bn) A14 improvement scheme, Britain's biggest road project.

5. Skanska 

Revenue: €13.77bn (US$15.31bn)
Employees: 27,000
CEO: Anders Danielsson

Skanska, headquartered in Stockholm, Sweden, is a multinational construction and development company.

Skanska aims to lead the industry's transformation towards sustainability, focusing on reducing carbon footprints and enhancing social value. 

The company has achieved carbon neutrality in its UK operations and is working towards further environmental impact reduction globally.

Notable projects include the Gherkin in London and HS2's London tunnels. 

Skanska is also involved in Crossrail and various highways improvement schemes across the UK. 

Skanska originated as a concrete product manufacturer in Malmö, Sweden, in 1887.

4. Strabag

Revenue: €17.61bn (US$19.58bn)
Employees: 77,136
CEO: Klemens Haselsteiner

Strabag originated from a small craft workshop business founded in 1835 in Spittal an der Drau, Austria.

Headquartered in Vienna, Austria, now, it is a leading European construction company. They collaborate with major clients like Electricité de France, the utility company that generates and supplies electricity globally, focusing on nuclear and renewable energy sources on infrastructure projects. 

Strabag aims to lead the industry's transformation towards sustainability, focusing on innovative solutions and digital technologies. 

The company has achieved significant growth through strategic acquisitions and is working towards reducing its environmental impact.

Strabag originated from a small craft workshop business founded in 1835 in Spittal an der Drau, Austria.

3. Bouygues 

Revenue: €27.34bn (US$30.40bn)
Employees: 201,500 
CEO: Olivier Roussat

Bouygues, headquartered in Paris, is a diversified French conglomerate operating in construction, media and telecommunications. 

Bouygues aims to lead in sustainable development and digital transformation across its sectors. 

They focus on reducing carbon footprints and enhancing social value through innovative solutions.

Bouygues has achieved significant growth through strategic acquisitions, including the recent purchase of Equans from Engie. 

2. Vinci 

Revenue: €31.46bn (US$34.98bn)
Employees: 280,000 
CEO: Xavier Huillard

Vinci, headquartered in Rueil-Malmaison, France, is a global leader in concessions, construction and energy services. 

The company collaborates with major clients like LVMH Group on prestigious projects.

Vinci aims to lead the industry's transformation towards sustainability and digital innovation, focusing on reducing environmental impact and enhancing social value.

The company has achieved significant growth through strategic acquisitions and operates in over 120 countries.

The company's name pays homage to Leonardo da Vinci, reflecting its commitment to innovation and technical resourcefulness.

1. ACS

Revenue: €33.36bn (US$37.09bn)
Employees: 196,967 
CEO: Florentino Pérez

ACS’s origins trace back to 1983, when a team of engineers acquired a struggling construction business.

Now, it collaborates with major clients like LVMH Group on prestigious projects.

Headquartered in Madrid, Spain, it is a global leader in infrastructure development, construction and services. 

The company collaborates with major clients like LVMH Group on prestigious projects. 

ACS also aims to optimise resource profitability while promoting sustainable development across its operations in over 70 countries.

Big projects ACS has worked on include the East Side Access Manhattan Tunnels in New York and the Harbor Bridge Project. 

It has achieved significant growth through strategic acquisitions, including Hochtief, a leading German construction company.

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