Published on 31st July 2023
The construction industry in Austria has been a significant contributor to the country's economy. Before my knowledge cutoff in September 2021, the sector experienced steady growth. The market size was substantial, reflecting the demand for both residential and non-residential infrastructure projects. However, specific figures and growth rates may vary due to changing economic conditions and policies beyond that date.
The construction industry is a vital pillar of Austria's economy. Its contribution extends beyond the direct value added by construction activities. The sector's performance also influences related industries like real estate, manufacturing, and services. Additionally, infrastructure development enhances the overall productivity and competitiveness of the Austrian economy.
The construction industry is a significant employer in Austria, providing jobs to a considerable workforce. It offers employment opportunities to a diverse range of skilled and unskilled workers, architects, engineers, project managers, and administrative personnel, among others. The sector's growth and project pipelines directly impact job creation in the country.
Infrastructure Projects: Public and private investments in infrastructure projects, such as transportation networks, energy facilities, and urban development, have been driving growth in the construction sector.
Real Estate Demand: The demand for both residential and commercial real estate has been a key driver, leading to construction activities and property development across various cities in Austria.
Government Policies and Initiatives: Supportive government policies, incentives for construction projects, and regulations aimed at stimulating the construction sector have positively influenced its growth.
Let's dive and analyze the top 7 construction/EPC companies in Austria that play a crucial role in driving the construction sector in the country.
| Name | Founded | Headquarter |
M-Cap (EUR) |
Major Projects |
| Strabag AG | 1835 | Vienna | 17.5 Billion | Nord Stream 2, A1 Highway, Vienna International Airport |
| Porr AG | 1869 | Vienna | 9.1 Billion | Semmering Base Tunnel, The Circle Vienna |
| Swietelsky | 1874 | Linz | 7.2 Billion | Gotthard Base Tunnel, Nord Stream 1, Danube Dam |
| Habau Group | 1913 | Graz | 5.9 Billion | Elbphilharmonie, Allianz Arena, Prater Tower |
| Alpine | 1928 | Wals-Siezenheim | 4.7 Billion | Sydney Opera House, Burj Khalifa, Millau Viaduct |
| Wayss & Freytag | 1879 | Vienna | 4.2 Billion | Panama Canal, Hoover Dam, Sydney Harbour Bridge |
| VA Tech Wabag | 1921 | Vienna | 2.9 Billion | Wastewater treatment plants, water treatment plants, hydropower plants |
Strabag AG is one of the largest construction companies in Austria as well as Europe. With decades of experience in executing complex and challenging projects in infrastructure, transportation, buildings, and civil engineering sectors, Strabag has rightly become the biggest EPC company in Austria.
It has a diversified portfolio, the company has demonstrated solid financial performance and stability. Strabag operates on a large scale and has a significant market share in Austria, Germany, Spain, and other EU countries.
Strabag has been involved in numerous major projects in Austria and across Europe. Some of their notable projects in Austria may include the construction of highways, bridges, tunnels, and commercial buildings.
As one of the major players in the European construction industry, Strabag is well-positioned to continue its growth and expansion. Its strong reputation, financial stability, and expertise in handling large-scale projects could be advantageous for future opportunities.
Porr AG is one of the leading construction companies in Austria. The company has a history dating back to 1869, which indicates its long-standing presence and experience in the sector.
Porr is a significant player in the Austrian construction market and also operates internationally, especially in Central and Eastern Europe. The company has a substantial market share in various construction sectors, including infrastructure, transportation, buildings, and civil engineering.
Porr has been involved in numerous major projects, both in Austria and abroad. Some of its notable projects include the Semmering Base Tunnel, which is a vital railway infrastructure connecting Vienna and Southern Austria, and The Circle Vienna, a large-scale urban development project.
Given its established position in the market and a strong pipeline of projects, the company's future outlook seems positive. Its extensive experience and expertise in complex construction ventures make it well-suited to seize opportunities in the ever-evolving construction industry in Austria.
Swietelsky is one of the leading construction companies in Austria, with an exclusive focus on infrastructure and transportation projects. The company has a solid track record and is known for its efficiency and reliability.
Swietelsky holds a significant market share in the Austrian construction sector. Infrastructure development and railway projects have traditionally been the niche of the company since its inception.
Swietelsky has undertaken various projects involving road construction, railway development, and infrastructure upgrades in Austria. They have also been involved in projects outside Austria in collaboration with other major European construction companies.
The company's future outlook appears positive, especially considering its focus on infrastructure development, which remains crucial for the economic growth of Austria and neighboring countries. Swietelsky's expertise in railway projects may also be advantageous given the growing emphasis on trans-European transportation projects.
Also Read: List of Top 7 German Construction Companies
Habau Group is a major EPC company in Austria with a diverse portfolio of services in civil engineering, building construction, and infrastructure sectors. The company was founded in 1913 and has since grown into a significant player in the Austrian and European construction markets.
As one of Austria's prominent construction firms, Habau holds a considerable market share in the domestic construction industry. In addition to its activities in Austria, Habau is also involved in projects across Europe, contributing to its presence in the wider European market.
Habau has been involved in numerous major projects in Austria and beyond. Some notable projects include the construction of the New Rhein Bridge, the Mühldorf Power Plant, the Pfänder Tunnel, and the Schlüsselfeld Rest Area.
Alpine was a well-known Austrian construction company with a rich history and a strong reputation for its expertise in various construction sectors, including infrastructure, energy, and buildings.
As one of Austria's major construction firms, Alpine held a significant market share and was involved in various domestic and international projects. Alpine was involved in numerous major projects across Austria and globally. These projects included infrastructure development, energy-related ventures, and large-scale building constructions.
In the past, Alpine faced financial difficulties and filed for bankruptcy in 2013 due to some projects' cost overruns and other issues. Since then, the company's operations may have undergone significant changes, and its future outlook would depend on restructuring efforts and market conditions.
Wayss & Freytag is a German construction company with a strong presence in Austria and other Central and Western European countries. It has a reputation for being involved in complex construction projects and has a long history of successful operations.
Although not as large as some of the major players, Wayss & Freytag's expertise in specialized construction areas has contributed to its market presence in Austria. Wayss & Freytag has been involved in a range of projects, including infrastructure construction, civil engineering, and specialized building projects.
With its specialization and experience in tackling complex construction ventures, Wayss & Freytag's future outlook could remain positive, especially as the demand for unique and challenging projects continues.
Also Read: List of Top 7 UK Construction Companies
VA Tech Wabag is an Indian multinational company specializing in water treatment and wastewater management solutions. While it is not an Austrian company, it operates globally, including in Austria, and is involved in significant projects around the world.
VA Tech Wabag is well-regarded for its expertise in providing water and wastewater treatment solutions. The company has a strong track record and has been involved in various projects worldwide. The company operates on a global scale and serves clients in multiple countries, including Austria. Its services cater to both industrial and municipal sectors.
VA Tech Wabag has undertaken major water and wastewater treatment projects in different parts of the world, including desalination plants, water recycling facilities, and sewage treatment plants. As the need for efficient water management and sustainable solutions continues to grow, VA Tech Wabag is likely to see opportunities for expansion and growth in the global market, including Austria.
Are you looking for in-depth insights into the profile, financials, portfolio of projects, and operations expertise of a construction company in Austria? Get in touch with us today.
This list is important for Building/Project Owners, Clients, Engineers, Subcontractors, Construction Project Managers, Building Material Suppliers, and Architects. A compiled list of the most reputable and reliable construction companies in Austria can allow you to identify the best relevant partners and address them directly for your next project.
If you want more information on the largest construction/EPC companies in the world, check out our publication here.
Check out our Global Project and Tender Tracker and explore 200000+ projects from the announcement to the commissioning stages. Also, get verified contact details of project stakeholders to propose associations and new business opportunities.
P.S.: Visit our syndicated reports section to get in-depth insights into the Austria Solar Power Market Outlook to 2028.
