WORKING WITH YOU TO BUILD YOUR STORY
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ACTIVITY REPORT
2018
WORKING WITH YOU
TO BUILD YOUR STORY
CONTENTS
SHARING EXCEPTIONAL
STORIES WITH YOU 16 — 27
Attentive to our customers 18 — 19
Attentive to civil society 20 — 21
Attentive to the planet 22 — 23
A talk with Attentive to our employees 24 — 27
the Chairman — 02
Management team — 06
A range of solutions WORKING WITH YOU TO BUILD
designed to address A STORY WITHOUT BORDERS 28 — 64
global issues — 08
A strong international
presence — 09 TACKLING THE MAJOR GLOBAL CHALLENGES 30 — 31
Three complementary FRANCE: major infrastructure projects 32 — 38
pillars — 10 Focus: HOUSING — 39
OVERSEAS FRANCE: outstanding development projects 40 — 41
Our economic
EUROPE: a buoyant market 42 — 44
performance — 11
Focus: THE CITY BELOW THE CITY — 45
A look back at 2018 — 12 AFRICA: economically and socially useful projects 46 — 48
Focus: WATER CYCLE — 49
OCEANIA: new frontiers 50 — 51
ASIA: the age of major projects 52 — 54
MIDDLE EAST: a source of opportunities 55 — 57
CENTRAL & SOUTH AMERICA: a high-growth area 58 — 62
Focus: MARINE INFRASTRUCTURE — 61
NORTH AMERICA: a growing continental market — 63
Focus: CLEAN ENERGY — 64
Cover: Works package T3C of Line 15 South (Grand Paris Express), assembly of the tunnel
boring machine cutting wheel in Arcueil-Cachan (also see p.35).
PROFILE
VINCI Construction is a global player
and European leader operating
on five continents with more than
71,000 employees, 830 companies
and strong roots in its host
geographies. We design and build
structures and infrastructure
that address the major issues facing
today’s world – global warming,
population growth, burgeoning
urbanisation and increasing mobility.
Our integrated design-build business
model enables us to operate across
€14,231m
the entire project life cycle (financing,
design, construction and maintenance)
Revenue* in eight business areas: buildings,
functional facilities, transport
infrastructure, water infrastructure,
€400m renewable and nuclear energies,
environment, oil and gas and mining.
Operating income
from ordinary activities* Our goal is to build strong stakeholder
partnerships and trust and our
approach is grounded in the principles
over 30,000 of transparency, dialogue and
Projects under way corporate responsibility.
In a rapidly changing world, we strive
to set an example in construction
and to become the global benchmark
and the partner of choice of our
customers.
* IFRS 2018 data
1
A TALK WITH THE CHAIRMAN 2 VINCI CONSTRUCTION - ACTIVITY REPORT 2018
A TALK WITH THE CHAIRMAN
“THE CONTENT
OF OUR SOLUTIONS
AND SERVICES
IS CONSTANTLY should not obscure the fact that
EVOLVING AND
we also handle a large number of
wide-ranging, smaller projects.
We do our best to capitalise on
EXPANDING.”
that asset. This more granular
business gives us a stronger
presence and makes us more
useful day-to-day, while
protecting us from strong
A talk with Jérôme Stubler, Chairman of VINCI Construction. fluctuations in the major projects
business cycle. We are proud
of our ability to handle both
small local projects and large
international projects. In 2018,
the latter included the iconic
Lusail light rail in Qatar,
How would you describe Our income from operations built by our subsidiary QDVC.
VINCI Construction’s grew by nearly 20%* in 2018, Other major projects included
performance in 2018? improving our strength. offshore ground consolidation
We must continue to improve as part of the Hong Kong airport
VINCI Construction is on the going forward to ensure that our extension led by Bachy
right track. We have returned results are commensurate with Soletanche, the Phuoc Khanh
to growth and our order book the engagement of our teams. and Binh Khanh cable-stayed
has substantially increased bridges built by Freyssinet in
over the past two years. What were the main Vietnam and the gas pipeline
This reflects the hard work VINCI Construction across Albania and part of
we have done in recent years. projects in 2018? Greece laid by Spiecapag. I could
We have boosted our operations also mention the Varso Tower
outside France by making a We handed over more than in Warsaw, which will be Europe’s
number of selective acquisitions. 30,000 projects. Obviously tallest building and is being built
For example, we have VINCI Construction is known by Warbud; the rotation of the
significantly expanded our for design-build construction metal frame of the railway bridge
business in Oceania. of major projects, but that on the Pňovany-Bezdružice line
* Management figures 3
A TALK WITH THE CHAIRMAN
and South America and increasing amounts energy;
in Asia, business has held and in a separate development,
steady overall. And in France we are currently building
our order book is up, thanks a hydroelectric energy storage
to opportunities generated unit in Morocco. We are also
by the Grand Paris programme supporting the green revolution
and the growth of large movement by restoring
urban areas. biodiversity to our regions
and urban areas, remediating
What are the major polluted land and providing
challenges facing environmental engineering
VINCI Construction? services. Another key focus
is digitalisation. Our worksites
“IN 2018, WE IMPROVED These are exciting times are rapidly going digital.
in more ways than one. Sixense, our subsidiary
OUR STRENGTH.” The content of our solutions specialising in digitalisation
and services is constantly of building and infrastructure
evolving and expanding. construction, provides
For example, we are working innovative solutions
on ways to tackle urbanisation that facilitate our worksite
issues via new approaches to operations and enable
urban (re)construction above us to work faster, smoother
and below the city. We are also and safer.
providing practical solutions Lastly, we are focusing
for our customers by building on employment.
more affordable housing With the expansion of our
that is better suited to the activity in France we hired
in the Czech Republic by SMP; What is your take on the needs and budgets of first- more than 2,000 long-term
and the Ouagadougou highway main geographical areas time home buyers. And we unemployed people in 2018.
interchange in Burkina Faso where VINCI Construction are humbly but firmly involved We are doing the same thing
built by Sogea-Satom. operates? How are these in the energy revolution. abroad. This reflects the social
In France, we are completing geographies doing? To do this, we design and significance of our work, in
the New Coastal Highway build structures that save which all our teams take pride.
viaduct on Reunion Island, Our revenue is expanding
together with Dodin Campenon substantially in Central Europe
Bernard, VINCI Construction with the start of a number
Grands Projets and our local of major projects. We are
subsidiary SBTPC. VINCI expanding in Oceania with
Construction France is also Seymour Whyte and HEB
involved in various major projects Construction, which have
in the La Défense business won significant contracts
district near Paris, where it is in Australia and New Zealand.
building the Saint-Gobain In Africa, growth is resuming “MORE AND MORE
and Trinity towers, the nearby after a downturn over several CUSTOMERS ARE SEEKING
VINCI head office and under years. Our volume declined TO BUILD A RELATIONSHIP
it a new underground station in the Middle East following
and adjacent tunnels for the completion of a number BASED ON TRUST.”
e-déf Eole-La Défense project. of major projects. In North
4 VINCI CONSTRUCTION - ACTIVITY REPORT 2018
A TALK WITH THE CHAIRMAN
How is How are your customer supportive, long-term projects coming up. Nothing
VINCI Construction relationships evolving? working relationship with can ever be taken for granted
conducting our customers. but I am confident that by
its transformation? An increasing number focusing on our fundamentals,
of customers are seeking to What is the outlook our “essentials”, by which
For the past several years, develop a relationship based for VINCI Construction I mean our endeavour
VINCI Construction has on trust. This is reflected in 2019 and thereafter? to achieve simplicity and
been structured in three in the growth of ECI - Early constant improvement,
complementary pillars – Contractor Involvement. With We move into 2019 with an we will deliver clarity
a network of local general ECI, the cost-timeline equation order book that has increased and performance, the keys
contracting companies, can be optimised, with the significantly and outstanding to trust and success.
major projects companies initial design phase based
and a global network on the co-design concept
of specialist companies. via direct, productive
To transform the group dialogue with the customer.
at a fast pace, we are This results in more
accentuating synergies cooperation, greater cost
to offer more integrated control, lower risk
solutions and services. We have and a design phase that
also made a major effort to benefits both parties.
achieve constant improvement Such a relationship
in our design methods and enables all stakeholders
execution productivity. to pull in the same direction,
work together to find “SIMPLICITY IS ONE OF THE
In practical terms, solutions to the difficulties
how is digital technology encountered and ultimately KEY SUCCESS FACTORS
changing the design-build boost their performance. IN TODAY’S WORLD.”
construction industry?
What are the
Digitalisation is nothing new keys to success
in our business activities – in today’s world?
it is already widespread
in our design activity. The answer is clear-cut.
The advent of BIM has enabled To be efficient in a complex
us to co-design our structures world, we need to keep
through geometrical integration it simple. Of course that
of the various building trades. is much easier said than
This significantly improves done. In our business,
worksite preparation and we face the constant
reduces the number of changes challenge of delivering
made during the construction a project under the best
phase. Worksite digitalisation possible conditions.
is already well under way with This entails compliance
the use of various software with a number of essentials:
systems such as Digital Site, painstaking preparation,
which paves the way for team management focused
our works teams to move on design excellence and
to paperless operations. productivity, and a close,
5
MANAGEMENT TEAM
MANAGEMENT
TEAM
The management team brings together the chairman
of VINCI Construction, the chairmen of the main
companies that make up VINCI Construction and
the directors of the support functions.
JÉRÔME STUBLER
Chairman,
VINCI Construction
GILLES GODARD HUGUES FOURMENTRAUX MANUEL PELTIER
Chairman, Chairman, Chairman,
VINCI Construction International Network VINCI Construction France Soletanche Freyssinet
BENOÎT LECINQ PATRICK KADRI
Chairman, Chairman,
Entrepose VINCI Construction Grands Projets
6 VINCI CONSTRUCTION - ACTIVITY REPORT 2018
MANAGEMENT TEAM
YANN GROLIMUND HERVÉ MELLER
Chief Administrative and Financial Officer, Human Resources Director,
VINCI Construction VINCI Construction
CORINNE DESCOURS JEAN-SERGE BOISSAVIT CHLOÉ CLAIR
Communications Director, Business Development Director, Chief Technical Officer,
VINCI Construction VINCI Construction VINCI Construction
NATHALIE MABIL JEAN-PHILIPPE BRÉOT PHILIPPE VENAMBRE
General Counsel and Ethics Coordinator, Health and Safety Director, Information Systems Director,
VINCI Construction VINCI Construction VINCI Construction
7
FACTS AND FIGURES
“We harness our diverse range of solutions and
services to design and build a wide variety of complex
structures and infrastructure around the world.”
Population Climate Environmental Energy
challenge challenge challenge challenge
A RANGE OF SOLUTIONS
DESIGNED TO ADDRESS
GLOBAL ISSUES
BUILDINGS FUNCTIONAL TRANSPORT WATER
FACILITIES INFRASTRUCTURE INFRASTRUCTURE
Improving
the living Optimising Making the world Making the most
environment urban facilities more mobile of water resources
Shopping centres, schools, Roads, bridges, viaducts, Dams, canals, locks,
Residential and universities, cultural and heritage marine and river infrastructure, pipelines, wells
office space, hotels buildings, stadiums, sports railway and airport
facilities, hospitals and industrial infrastructure
and service sector facilities
RENEWABLE AND OIL AND GAS ENVIRONMENT MINING
NUCLEAR ENERGY
Providing safe Protecting Providing access
Fostering access
and durable the planet to new resources
to safer, more
infrastructure Water treatment, Roads, tunnels, drilling,
sustainable energy Oil drilling, oil pipelines, waste recycling, soil remediation, soil investigation, cavities
Nuclear, wind, gas pipelines, jetties, environmental infrastructure
hydroelectric, storage, processes
geothermal
8 VINCI CONSTRUCTION - ACTIVITY REPORT 2018FACTS AND FIGURES
71,401 employees
48%
of revenue* generated
outside France
A STRONG
INTERNATIONAL
PRESENCE
Europe
€2,817m
France
Revenue by geographical area
(in € millions and as a percentage)* 20%
€6,855m Africa
47% €932m
Overseas
France
6%
€719m Middle East
5% €453m
3 3
North America
3%
€530m Asia
4% €705m
Central and
5%
South America Oceania
€583m €931m
4% 6%
“We are steadily expanding internationally.
VINCI Construction companies operate in more than
100 countries and in all types of environment.”
* Management figures (notably including QDVC)
9FACTS AND FIGURES
THREE
COMPLEMENTARY
PILLARS
1 2 3
OUR NETWORK OUR MAJOR OUR SPECIALIST
OF LOCAL SUBSIDIARIES PROJECTS DIVISION SUBSIDIARIES
operating close managing major projects delivering technology
to our customers around the world and high level
Our network of local general The companies in our Major Projects of expertise
contractors brings together a wide Division operate individually in the Our specialist subsidiaries bring
range of companies with strong roots countries where the local network together engineers with strong
in their regions, in France and around does not yet exist and in synergy geotechnical, structural, digital,
the world. The basic entity is a team with the other VINCI Construction nuclear, oil, gas and renewable
focused on a main business activity entities in countries where the Group thermal energy expertise to deliver
and operating in an area close to its is already present. They deliver a high solutions with high technological
customers. These subsidiaries build level of expertise across the full content. Operating in more than
on their familiarity with local markets range of complex civil engineering, 80 countries, they can work
and local issues to deliver solutions earthworks and building projects, as general contractors, joint
that meet customers’ needs provide outstanding engineering and contractors or subcontractors.
in projects of all sizes. project management capabilities
and propose solutions that minimise MAIN COMPANIES:
MAIN COMPANIES: project risk.
Soils: Soletanche Bachy and Menard
VINCI Construction France Structures: Terre Armée and Freyssinet
VINCI Construction UK MAIN COMPANIES:
Nuclear: Nuvia
VINCI Construction International Network: VINCI Construction Grands Projets Digital services for construction: Sixense
- VINCI Construction Dom-Tom VINCI Construction Terrassement Oil and gas, energy storage and
(Overseas France) Dodin Campenon Bernard Waste-to-Energy: Entrepose Group
- Sogea-Satom (Africa)
- Warbud, Průmstav, SMP
and SMS (Central Europe)
- HEB Construction and
Seymour Whyte (Oceania)
- SMCE (Mexico)
€9,048m revenue*
€1,303m revenue*
€3,880m revenue*
40,415 employees
6,959employees
24,027 employees
* IFRS 2018 data
10 VINCI CONSTRUCTION - ACTIVITY REPORT 2018FACTS AND FIGURES
OUR ECONOMIC
PERFORMANCE
A UNIQUE COMPANY
Global player
€17.7bn
and European leader
€14,231m
€400m
order book*
revenue* (up 5%), accounting for
operating income from 14.9 months of activity
ordinary activities*
WIDE-RANGING ACTIVITIES
over 30,000
projects every year
830
consolidated companies
EMPLOYEES TRAINED TO STRIVE
FOR OPERATIONAL EXCELLENCE
71,401
employees
over 1 million hours
of training provided in 2018
* IFRS 2018 data
11A YEAR OF PROGRESS
A LOOK BACK AT 2018
A review of the progress that enabled the company
to continue to grow and serve its main stakeholders.
Technological innovation DISCERN set up to deliver
in underground construction augmented reality
Leading underground construction Following an R&D project coordinated
company Dodin Campenon Bernard by Dodin Campenon Bernard and
has now fully integrated digital focused on the widespread use
technologies in its business activity. of augmented reality on worksites,
To boost quality, safety and productivity, VINCI Construction decided
VINCI Construction has introduced to set up the DISCERN company
real-time 3D display to facilitate in partnership with other industries.
tunnel boring machine operation, The purpose of the new company
developed a functional prototype is to roll out “technical” augmented
real-time scanner for conventional underground works and adopted reality technologies in construction
a company digitalisation plan. projects.
2018
Rapid digitalisation
VINCI Construction is increasingly using digital
tools in its design-build process. For example,
VINCI Construction France, VINCI Construction
Grands Projets, Entrepose Contracting and
VINCI Construction International Network are
introducing the digital totem on their worksites,
which is tantamount to an open-air office
in a cabinet that displays the latest versions
of drawings and BIM models in 2D and 3D.
VINCI Construction France developed the
device, which won a 2017 VINCI Innovation
Award. Innovation is also a focus at Sixense,
which has introduced the Digital Site tool
on more than 300 projects and launched
Sissterra®, which uses an innovative,
non-invasive method to generate a 3D display
of the subsurface. Lastly, Geocean is working
on an image recognition project for Entrepose
Group to cover equipment references.
12 VINCI CONSTRUCTION - ACTIVITY REPORT 2018A YEAR OF PROGRESS
Construction of a community
footbridge project
In partnership with the Danish COWI company,
Freyssinet worked with U.S. NGO Bridges
to Prosperity to help build the Kucyaruseke
bridge in southern Rwanda. Five people from
each company travelled to Rwanda to volunteer
their skills. The bridge will improve daily life
for the local population, which has so far used
a rough log bridge across the river to take Integration through worksite logistics
produce to the market in Huye.
With the creation of LIVA, a social enterprise focused
on back-to-work integration and specialising in logistics
services for building worksites, ARES (51%) and VINCI
Construction France (49%) joined forces to professionalise
worksite logistics jobs and create a comprehensive
digital and offsite logistics service. The social joint venture
will also fulfil the integration clauses included in many
contracts and foster innovation in worksite logistics.
FEBRUARY APRIL JUNE
A new entity in Mexico Sixense expands its
solutions and services
With the creation of VINCI Construction Mexico,
VINCI Construction hopes to play an active role The acquisition of Perazio Engineering,
in the private sector building market in central which specialises in 3D/4D metrology
Mexico City. In December 2018, the new entity and digitalisatioan, will give Sixense
won a first contract in partnership with CIMESA a comprehensive airborne, onshore,
(Soletanche Freyssinet) to carry out the structural underground and offshore digitalisation
works for an 18-storey apartment building. solution.
13A YEAR OF PROGRESS
Geste d’Or recognition
In the eighth annual Geste d’Or competition, which recognises exemplary projects focused
BIM d’Or successes on the heritage of the past, the present and the future, VINCI Construction France won
the Geste d’Or du Grand Prix Atchitecture, Innovation Sociale et Économique award for the
VINCI Construction won three restructuring of the building at 8-10, rue Charles V in Paris by GTM Bâtiment; the Geste d’Or
prizes at the 2018 BIM d’Or awards du Grand Prix Chantier award for the rehabilitation of the Couvent des Jacobins in Rennes
organised by Le Moniteur. At the and its transformation into a convention centre led by Sogea Bretagne BTP; the Geste d’Or
awards ceremony, ADIM Paris du Grand Prix Amont award for the rehabilitation of the Congregation of the Sisters
Île-de-France (VINCI Construction of Saint Joseph cloister in Annecy developed by ADIM Lyon; and the Geste d’Argent du Grand
France) was presented with the Prix Métiers award for the restoration of the Tour des Anges and the Tour de la Garde-Robe
prize in the new building category of the Papal Palace in Avignon by Girard.
for the Jardins de l’Arche high-rise
in La Défense. Citinéa (VINCI
Construction France) won the prize
in the renovation projects category
for the refurbishment of the Noirettes
and Grand Bois apartment complexes
in Vaulx en Velin in southeastern France.
Lastly, the prize in the international
construction category went to the
VINCI Construction Grands Projets
teams for the BIM-based construction
Rehabilitation of the Couvent
of the National Research Oncology des Jacobins monastery in Rennes.
Centre in Astana, Kazakhstan.
SEPTEMBER OCTOBER
Virtual reality
for the end user!
REHALIB, a virtual reality application
for new-build and renovation projects,
enables the prospective homeowner
or tenant to use a smartphone or computer
to enter the living space, choose arrangements
To highlight its one-of-a-kind
and display possible changes. Following
earthworks capabilties,
the intrapreneur programme at Leonard,
VINCI Construction
VINCI’s foresight and innovation laboratory,
Terrassement redefined
GTM Bâtiment (VINCI Construction France)
its strategic positioning
is now developing REHALIB with the goal
and adopted a new slogan:
of rolling it out and making it into a viable
“First on the ground”.
business unit.
14 VINCI CONSTRUCTION - ACTIVITY REPORT 2018A YEAR OF PROGRESS
Chantiers & Territoires Solidaires
issues a second call for projects
The Chantiers & Territoires Solidaires Fund co-founded
by VINCI Construction encourages and supports public-interest
“Entrepose au féminin”
projects located near the Grand Paris worksites on which Group
is up and running
companies are working. The Fund launched a new call for projects,
Entrepose put together the its second, at the end of 2018 on the theme of social ties.
“Entrepose au féminin” programme Projects will be supported around the GCO2 worksite along
in order to open up its jobs to women Grand Paris Express Line 14 South. Around Line 15 South (lot T3C),
and offer them attractive careers. 11 projects have already received Fund support, incuding Arpeije
It will ramp up initiatives in 2019 and its Le Rayon Vert integration project focusing on recycling,
to achieve these objectives. bicycle repair and accessory production.
NOVEMBER DECEMBER
Boosting our building
envelope expertise
ActivSkeen, which specialises
in photovoltaic facade surfaces
and dynamic glazing solutions,
has boosted its expertise with
the acquisition of Ertex Solar,
an Austrian company with expertise
in building-integrated photovoltaics.
Shared pride in the ICE People’s Choice Award
The 2018 ICE (Institution of Civil Engineers) Prize was awarded
to the Kaikoura road and rail recovery projects carried out
in New Zealand following the November 2016 earthquake.
The prize recognises HEB Construction’s work on the SH1 highway
rehabilitation project.
15SHARING
EXCEPTIONAL STORIES
WITH YOU
For the e-déf Eole-La Défense 35 metres
project, which is extending the
RER E regional express line west below the surface
of Paris, VINCI Construction The new station will be located under the CNIT in La Défense.
and its subsidiaries — The VINCI Construction teams achieved a standout technical feat in underpinning
VINCI Construction France, the CNIT structure to enable the cathedral RER E station to be excavated under it.
VINCI Construction Grands Work on the foundations of the new station got under way at the end of the year.
Projets, Dodin Campenon
Bernard, Soletanche Bachy
France, Freyssinet, Sixense
and Botte Fondations —
are building the underground
station at La Défense and
its adjacent tunnels. The
new station will improve
the quality of service provided
for riders and more broadly
enhance the attractiveness
of the business district.
Setec / Egis / Duthilleul / Arep / Vincent Donnot
16 VINCI CONSTRUCTION - ACTIVITY REPORT 2018Attentive
to our customers
18 — 19
Attentive
to civil society
20 — 21
Attentive
to the planet
22 — 23
Attentive
to our employees
24 — 27
17ATTENTIVE A
s a benchmark For example, it has developed
construction group, the Primméa brand to provide
VINCI Construction affordable, high-quality
TO OUR
delivers solutions housing at below-market
that are specifically prices. The innovative
tailored to the needs and Primméa approach is based
CUSTOMERS
expectations of its customers on pre-design and modularity
and help tackle several issues and aimed at facilitating low-cost
facing society at large. first-time homeownership.
Similarly, in the healthcare
VINCI Construction works with Addressing major sector, VINCI Construction
its customers to design and develop demographic and has built on its track record
solutions tailored to their needs. healthcare issues comprising more than
Panorama. Against a backdrop of steady 200 hospital projects around
population growth, urbanisation, the world to put together
burgeoning mobility and the Hycare range of turnkey
increasing housing and hospitals and medical centres.
healthcare infrastructure VINCI Construction Grands
needs, VINCI Construction Projets delivers the Hycare
focuses on solutions that range of solutions outside
address these issues. France to capitalise on the
18 VINCI CONSTRUCTION - ACTIVITY REPORT 2018ATTENTIVE TO OUR CUSTOMERS
Building better and
more cost effectively
The construction market
to include biodiversity is geared to a quest for
and urban agriculture in urban continuous improvement.
The goal is to build high-quality
development projects;
structures with optimised
and Arbonis, dedicated costs and delivery times,
to wood construction. an increasingly complex
VINCI Environnement challenge. For this reason,
also helps protect the VINCI Construction is engaged
environment with its in a variety of R&D initiatives
waste-to-energy solutions. aimed at shortening lead
times and reducing costs.
The Hycare range of solutions and services launched in 2018 brings Delivering solutions
together VINCI Construction’s expertise in the hospital sector. to meet specific needs
To boost its presence and Making the most
deliver new solutions for its of French hospital
customers, VINCI Construction expertise
continues its drive to operate
experience gleaned and work to conserve on a number of complex, As part of the Hycare launch,
by VINCI Construction biodiversity and natural value-creating niche VINCI Construction set up
markets. For example, a Strategic Guidance Council.
France and make the most resources. To improve quality
The Council is made up
of its sought-after expertise of life, VINCI Construction has to meet the demand for
of physicians, university
to better support healthcare recently developed several design, construction and professors and a variety
provision for populations. ranges of products and renovation of very high- of medical practitioners.
services designed to address end structures, the PLENDI Its remit is to study and discuss
Increasing focus environmental issues: by VINCI Construction the major issues facing the
on environmental issues Equo Vivo, specialising brand was set up to focus medical profession going
Another major issue, in environmental engineering; exclusively on exceptional forward. Input from the Council
the environment, involves ActivSkeen, based on building- projects. Similarly, in the will enable VINCI Construction
property sector, Novelige to put together the most
the fight against global integrated photovoltaics (BIPV);
appropriate solutions to address
warming, the effort to Remea, focusing on soil handles all building
these issues and export
decarbonise our economies remediation; Urbalia, working construction projects. French expertise.
In an exceptional project,
the five-star Mandarin Oriental
Hyde Park Hotel in London
underwent major occupied
site renovation works carried
out under the PLENDI by
VINCI Construction brand.
19ATTENTIVE
TO CIVIL SOCIETY
Like the VINCI Group as a whole, VINCI Construction engages with the community at large.
Our CSR and civic engagement, a vital part of our design-build activity, is reflected in the action
we take to benefit underprivileged communities.
In its first project in Equatorial Guinea, ISSA supported the construction of a soap production unit.
Continuing our civic engagement
W
e are experiencing difficulty with auspices of Sogea-Satom, carried out by women. Another
engaged social or work integration. supports the economic and feature of the programme
in a variety We also work with and social development of local is its long-term approach.
of civic through the SolidariTerr’ regions and communities in Over a period of 10 years,
activities. co-solidarity system set Africa. It does this in two ways – more than 200 projects have
First, we work with and up by VINCI Construction providing financial support received support in 21 countries,
through the Fondation Terrassement in 2016, for micro-economic, healthcare over 200 sponsors have been
d’Entreprise VINCI pour which encourages employees and education projects; and involved and €3.6 million have
la Cité (VINCI foundation to support a local civic supporting skills sponsorships been provided in funding,
for the community). organisation working that enable its employees an average of €15,000 per
In 2018, for example, the on education, employment, to be personally involved project. In 2018, the programme
VINCI Group’s worldwide the environment or mobility in meaningful volunteer work. continued to expand, with a first
network of 12 foundations for people living in social The goal of the programme project supported in Equatorial
supported 427 projects exclusion in the areas where is to foster the economic, Guinea involving a cold
sponsored by 697 employees. the company is working. social, educational, nutritional saponified soap production
Of that number, 84 projects The goal is to enroll and energy autonomy unit to make a product that
were sponsored by 138 VINCI 10% of employees in the of local communities. better meets the expectations
Construction employees and programme. Lastly, ISSA The ISSA programme works of local consumers.
focused on finding long-term (Sogea-Satom initiatives for in a wide variety of fields with
solutions for people Africa), set up in 2007 under special attention to projects
20 VINCI CONSTRUCTION - ACTIVITY REPORT 2018ATTENTIVE TO CIVIL SOCIETY
LIVA, a social
joint venture focused
on worksite logistics
Fostering long-term employment
V
LIVA was set up in April 2018
INCI Insertion innovative solutions This programme applies to provide logistics services for
Emploi (ViE) to help Group entities across France as a whole. building projects while meeting
the integration requirements
is an integrated manage integration clauses Examples in southern France
included in a large number
social enterprise and optimise their impact. include the CAP3000 project of contracts.
set up by VINCI This serves a dual purpose: in Saint Laurent du Var, Set up at the initiative
in France in 2011. The structure it enables Group entities and in the Paris region of the Fondation d’Entreprise
provides practical support for to make strong social the Grand Paris Express VINCI pour la Cité, LIVA, a social
Group entities, including those commitments by integrating programme, for which VINCI joint venture held by the ARES
within VINCI Construction, vulnerable people; and Construction has earmarked integration group, the majority
to help them meet their it supports the long-term between 7% and 10% of all shareholder with 51% of the
social requirements and unemployed by providing hours worked to integration share capital, and VINCI
Construction France, also strives
obligations with respect consistent, skills-oriented of the long-term unemployed,
to foster access to employment
to work integration, disability training to help them continue while the customer, Société by offering stable jobs
and solidarity purchasing. in their job following project du Grand Paris, requires and personalised support
ViE does this by devising completion. only 5%. to people in difficulty.
The goal is also
to professionalise worksite
logistics jobs and innovate
by creating a comprehensive
logistics solution based
137 735,000 1,993 on digital technology and
offsite logistics management.
projects supported in France hours of work integration people supported In pursuit of its three goals -
social inclusion, co-construction
of access to employment and
professionalisation of worksite
logistics - LIVA will employ
about 50 people in integration
jobs by the end of 2019.
Supported by the
VINCI Construction France
and ViE teams, Saad Abderrezag
was hired by Dumez Côte d’Azur
under permanent contract
in July 2018 after completing
the “Parcours Maçons” bricklayer
training programme at the
CESAME Plan de Campagne
training centre in Les Pennes
Mirabeau. Currently he is working
on Phase 2 of the CAP3000 shopping
centre in Saint Laurent du Var, France.
21ATTENTIVE
TO THE
PLANET
To help tackle the intensifying climate challenge,
VINCI Construction has made green growth
one of its goals. Like the VINCI Group as a whole,
it has adopted a three-pronged approach focused
on energy and CO2, the circular economy,
and water and biodiversity, and made progress
in all three areas.
Combatting
global warming
I
n its commitment is expected to encourage
to the energy transition the development of energy-
as a design-build company, positive buildings, which
VINCI Construction will help make city blocks
strives to reduce the or entire neighbourhoods
environmental impact of its energy self-sufficient.
buildings without curtailing ActivSkeen, which has acquired
the comfort of the people European specialist Ertex Solar,
who live and work in them. is now positioned as a leading
It created its ActivSkeen BIPV provider.
brand with this goal in mind.
The brand covers rollout Developing
of building-integrated climate resilience
photovoltaics (BIPV) and The creation of Resallience
implementation of dynamic is a further significant step
glazing solutions - two moves forward in tackling the
that will ultimately transform climate challenge. Resallience In 2018 Equo Vivo carried out the hydromorphological restoration
the building envelope. Going is a design and engineering of the Glandon riverbed in France to diversify flow, improve water
forward, this programme office working on the quality and restore biodiversity in the river and its surroundings.
vulnerability of regions and
buildings to environmental
change and climate events.
It supports contracting VINCI Construction The latest innovations
authorities by developing has made wood a fully-fledged developed by VINCI
climate resilience solutions building solution. Combined Construction, such as very
aimed at adapting projects with concrete and steel, low-carbon concrete,
and infrastructure and their wood is both a promising have made substantial
use to climate change realities. material based on its progress in reducing their
intrinsic properties environmental impact.
Wood and concrete, and an advantageous way All these new materials
materials for the future to decarbonise construction. gradually coming into use
With Arbonis, our Also noteworthy is the fact are a concrete demonstration
subsidiary specialising that concretes are changing of our commitment
in wood construction, and are now shown in the plural. to addressing climate issues.
22 VINCI CONSTRUCTION - ACTIVITY REPORT 2018ATTENTIVE TO THE PLANET
Equo Vivo showcases
environmental
engineering
Lending momentum
to the circular economy The Equo Vivo range
of environmental engineering
R
solutions and services was
launched in September 2017.
ecycling waste and re-use of materials in It focuses exclusively
from building its projects – took the circular on protecting and restoring
construction economy to a new level with biodiversity, designing and
and organising the creation of Waste building environmental
circular economy Marketplace. The digital facilities, and maintaining
models are important goals. solution was developed ecological continuity.
VINCI Construction, already at Leonard as an intrapreneur In 2018, Equo Vivo won about
40 projects across France,
involved in the circular economy programme. It organises,
and it its expansion is expected
via targeted activities – expedites and facilitates to continue in 2019.
introduction of alternative waste management.
modes of transport to replace The application combines
road haulage in worksite rubble traceability, safety and
removal where possible; economy. It uses an algorithm Urbalia gives urban
waste-to-energy processing to order waste removal biodiversity pride
of plant waste; reduction to the destination that can of place
in waste production; recycle it at lowest cost.
optimisation of water and The solution was introduced Urbalia, founded at the end
energy consumption; on 43 worksites in 2018. of 2017 as a startup focused
on the inclusion of biodiversity
and urban agriculture
in development projects,
supports project developers
“VINCI CONSTRUCTION HAS MADE wishing to help conserve
and restore nature in cities.
A PRACTICAL, LONG-TERM COMMITMENT Its solutions – vegetation
TO THE ENERGY TRANSITION WITH plantings, reduction of urban
heat islands, alternative
A STRONG FOCUS ON RESILIENCE.” rainwater runoff management,
integration of urban agriculture
solutions - combine biodiversity
protection, useful production
and expanded urban resilience.
Waste Marketplace
is an innovative digital
waste removal solution.
23ATTENTIVE
TO OUR EMPLOYEES
With our “zero serious accident” safety policy and our human
resources policy geared to talent development and job satisfaction,
we strive to create a workplace environment that fosters efficiency
and employee wellbeing.
V
INCI Construction major risks inherent in each in three major sections.
continues of our activities so as to avoid First: awareness of organisational
to pursue serious accidents. To help and human factors to support
its objective achieve this goal, the major inclusion of worksite organisation
of becoming the “Managing with Safety Focus” and human factors in health
undisputed benchmark in safety. training programme was and safety management.
introduced, in two stages: Second: dissemination of the
10,612 Accentuating
the safety culture
first for about 400 top managers,
and subsequently for the
“Productive and Safe” scheme
to be applied on all worksites.
people hired in 2018 For several years we have operational teams within Third: introduction of a root
been putting the quest for each VINCI Construction entity. cause analysis programme
safety excellence into practice Three years from now, nearly to determine the causes
over 9,000 and aiming for “zero serious
accidents” by developing
9,000 managers will have
received the training. This
of accidents or potentially
serious events, understand
managers will have received
“Managing with Safety Focus” a strong safety culture at all training, which combines why an accident occurred
training three years from now levels of the company. The information modules with and take remedial action
current priority is to identify a teaching method, is structured to prevent its recurrence.
24 VINCI CONSTRUCTION - ACTIVITY REPORT 2018ATTENTIVE TO OUR EMPLOYEES
All VINCI Construction
entities share a common
safety culture.
“Productive and Safe”
makes safety an integral
part of all worksites at all
stages of the project.
VINCI Construction is doing CAP for Engineering for engineers its capacity and efficiency. VINCI Construction stresses
its utmost to instil the safety and CAP for Management for The “Works Management” agility and positions itself
culture in day-to-day operations the company’s top managers. training course was specifically as a learning company.
and over the long haul. The goal In 2018 VINCI Construction updated and rolled out for This goal is reflected in our
is to protect everyone involved continued to work on the this group. proactive training policy
in our projects and boost professional development and our high-quality range
our overall performance. of each of these groups with Becoming of training programmes
the goal of sharing the company’s a learning company available to all employees
Providing approach, methods and culture In a world undergoing a wide in France and abroad.
long-term talent support and beyond that increasing variety of transformations,
To become the undisputed
benchmark in construction,
we also need an ambitious
human resources policy
geared to developing talent,
encouraging professional
mobility and providing training.
With CAP for Talents, VINCI
Construction has taken a series
of initiatives designed to train
and promote employees
and to foster their mobility.
CAP for Talents is dedicated
to enhancing jobs and building
attractive career paths.
It comprises exchange and
training programmes to support
the company’s three major
operational segments: CAP
for Projects for project directors,
25ATTENTIVE TO OUR EMPLOYEES
PROGRESS IN FOUR AREAS,
TO BENEFIT OUR EMPLOYEES
Our corporate culture builds on entrepreneurship, the concept of excellence
and determination to make progress. A number of initiatives that put these goals
into practice are described below.
A different approach
to safety awareness
A number of entities manager an understanding
have taken innovative of the difficulties that
initiatives to improve workers may encounter
the safety of their teams. in following the prescribed
For example, VINCI procedures in the field.
Construction France VINCI Construction
has developed a manager Grands Projets for its part
training programme set up accident analysis
focused on organisational and investigation training
and human factors. with the goal of helping
The training simulates the teams carry out
a task ordinarily performed in-depth investigations
by workers to give the of major accidents.
6th International
Safety Week
International Safety into practice and roll
Week is a highlight them out in the field.
of the safety awareness The event was
and support programme an opportunity for
at VINCI Construction. widespread discussions
The eighth edition, between teams from
held in October 2018, different entities and
was focused on different countries.
“Productive and Safe”. Once again, it enabled
Each worksite was asked employees to share
to think about ways to put tools, initiatives and
the programme’s five steps best practices to emulate.
26 VINCI CONSTRUCTION - ACTIVITY REPORT 2018ATTENTIVE TO OUR EMPLOYEES
The Trail,
a resounding success
In 2018, VINCI Construction together 56 brilliant
organised “The Trail finalists who subsequently
by VINCI Construction” took part in a sports event
to reach out to young on the banks of Lake
graduates. The international Annecy. Following the
competition drew some competition, which was
1,200 students from won by a team of students
around the world, who from INSA Lyon, the
were asked to think about company, which was
the construction sector pleased with the image
of the future and who and attractiveness fallout
submitted outstanding from the event, decided
projects. The finals, to repeat the challenge
held at Leonard, the at the start of the next
VINCI Group’s insight, school year. Many
foresight and innovation applicants were recruited
platform, brought following the competition.
An action plan
to promote diversity
Continuing the OPEN by VINCI Construction
programme initiated in 2018 to increase
the proportion of women employees,
we will be launching our gender equality
plan in 2019.
The goal of the plan is to attract and retain
more women at all levels of the company.
It pays special attention to targeted action
in partner schools and to making a coaching
programme available to future women
directors to pave the way for their taking
on responsibility in top operational
management positions.
27WORKING WITH YOU
TO BUILD A STORY
WITHOUT BORDERS
VINCI Construction’s outstanding projects around the world included
buildings and infrastructure designed and built in 2018 that suitably
addressed the major issues facing our society – global warming,
population growth, burgeoning urbanisation and increasing
demand for mobility.
The Trans-Adriatic Pipeline project, which
will bring natural gas from Azerbaijan to Italy
to supply Europe with natural gas starting
in 2020, continues apace. Spiecapag
(a subsidiary of Entrepose) and Bessac
(a subsidiary of Soletanche Bachy) are working
1,820 on the project, which is complex due to steep
slopes and difficult geology, and on which they
metres are responsible for three onshore pipeline
works packages in Greece and Albania.
The HDI (Entrepose Group)
150,000
teams set a new world
record in early 2018
with the “single shot”
directional drilling As part of its commitment to help conserve
of a 1,820 metre long biodiversity, Spiecapag introduced 150,000 plants
48-inch pipeline under of varying species supplied by local nurseries.
the Axios River in Greece. The operation, combined with erosion control
Overall project handover and a hydroseeding system, revegetated the pipeline
is set for mid-2020. alignments.
28 VINCI CONSTRUCTION - ACTIVITY REPORT 2018Tackling the major
global challenges
30 — 31
France:
major infrastructure projects
32 — 38
Focus
HOUSING
— 39
Overseas France:
outstanding development
projects
40 — 41
Europe:
a buoyant market
42 — 44
Focus
THE CITY BELOW THE CITY
— 45
Africa:
economically and socially
useful projects
46 — 48
Focus
WATER CYCLE
— 49
Oceania:
new frontiers
50 — 51
Asia:
the age of major projects
52 — 54
Middle East:
a source of opportunities
55 — 57
Central & South America:
a high-growth area
58 — 62
Focus
MARINE INFRASTRUCTURE
— 61
North America:
a growing continental
market
— 63
Focus
CLEAN ENERGY
— 64
29SUMMARY
10 Transport infrastructure
Urbanisation and expanding
for road and metro tunnels
to extend underground
billion inhabitants by 2050 mobility combine to drive very transport networks. Along
strong demand for transport with new ways to move
infrastructure around the of people and goods, increasing
50% world. With the growth attention is being paid to major
increase of increasingly dense urban
areas, VINCI Construction
crossings, a market in which
VINCI Construction is also
in water demand between
now and 2050 has begun working on the positioning itself.
city’s “groundscape”.
The point is to use the city’s Water cycle
underground and bring Water infrastructure is also
it to life in order to decongest an increasing focus of attention.
city centres, limit travel and In a world in which 750 million
create a more sustainable people still have no access
T
living environment. This has to safe water and in which
he world sector for VINCI Construction. resulted in strong demand water demand is set to increase
of the future will With growing urbanisation,
be warmer and cultural and sports facilities
more densely are being provided for city-
populated, urban, dwellers and increasingly
mobile and uncertain. These complex urban facilities such
major changes entail new as stadiums, museums and
challenges, which VINCI educational establishments
Construction strives to tackle are being built. They meet
within its field of expertise. increasingly diverse patterns
of urban life and help boost
Buoyant markets the attractiveness of cities.
With population growth and VINCI Construction is helping
changes in society, notably to build them in France and
the number of single-parent abroad. Our iconic projects
families and widespread such as the Louis Vuitton
mobility, housing needs Foundation building designed
are steadily increasing. by Frank Gehry in Paris and
In 2050, there will be nearly the Cité du Vin in Bordeaux
10 billion people in the world, boost the economies of the
with two-thirds of the world areas that host them. They
population living in urban areas. also make the city a more VINCI Construction won the first civil engineering works package
Housing remains a buoyant pleasant place in which to live. on the Line 14 South extension that will connect Paris with Orly Airport.
TACKLING THE MAJOR
GLOBAL CHALLENGES
VINCI Construction’s growth momentum continued in 2018 in virtually all our markets.
With more than 30,000 projects of all types, we are able to increasingly make the most
of our design-build positioning to tackle the major changes taking place throughout
the world in our eight in our eight business areas.
30 VINCI CONSTRUCTION - ACTIVITY REPORT 2018SUMMARY
“WITHIN ITS FIELD OF EXPERTISE,
VINCI CONSTRUCTION STRIVES TO HELP
ADDRESS THE MAJOR ISSUES
FACING TODAY’S WORLD.”
by 50% between now and 2050, as France and New Zealand to 21st century. They are one in the ITER programme
water projects are continuing combat water stress, improve way to meet increasing in Cadarache, which is aimed
to expand. VINCI Construction water networks and treat worldwide energy demand at demonstrating the scientific
builds on more than 100 years and discharge wastewater. and drive the energy transition, and technical feasibility
of experience to help provide which requires a reduction of fusion energy by reproducing
access to safe water and Climate resilience in dependence on fossil the reaction that fuels the stars.
sanitation. A variety of projects To address the climate energy and the introduction If the programme succeeds,
have been carried out in challenge, renewable of an energy mix that fusion could provide the world
recent years in Africa, Asia and nuclear energies are generates less CO2. population with an inexhaustible
and mature economies such set to expand during the VINCI Construction was involved source of energy.
Construction of the experimental ITER nuclear fusion reactor, one of the world’s largest nuclear research programmes.
VINCI Construction leads a consortium working on the project.
31FRANCE:
MAJOR INFRASTRUCTURE
PROJECTS
MARSEILLE
A colourful tower
THE PROJECT IN A NUTSHELL
The 135-metre Marseillaise
high-rise building, the
first Quais d’Arenc office
tower, was inaugurated
in October 2018. It comprises
35,000 square metres of office
space on 31 levels. It also
contains shops on the ground
level, a shared company
cafeteria, a concierge desk,
a day-care centre, a fitness
centre and an underground
car park.
STANDOUT FEATURES
The Marseillaise tower,
part of Europe’s largest urban
renewal programme, built
in a narrow site, was a feat
of engineering. The air- and
watertight facade is made
of ultra-high performance
fibre-reinforced concrete
(UHPFRC) elements. It also
boasts compliance with
top energy performance
standards.
KEY PARTICIPANTS
GTM Sud and Travaux du Midi,
with Botte Fondations
(VINCI Construction France).
32 VINCI CONSTRUCTION - ACTIVITY REPORT 2018FRANCE
AUBERVILLIERS
Building a city
“within the city”
THE PROJECT IN A NUTSHELL
As a future university humanities
and social sciences hub, the Condorcet
Campus buildings, with a total floor
area of 64,600 square metres, will house
the National Demographics Institute,
research and training facilities, a symposium
centre, a residence for guest researchers,
a project hotel, a university canteen, campus
support facilities and 451 student housing
units.
STANDOUT FEATURES
To improve the project’s biodiversity
potential and meet sustainable city
goals, VINCI Construction is using
the innovative Biodi(V)strict® solution
on the project. The diagnostic tool
developed via the ParisTech-VINCI Chair
and now fully integrated in the Urbalia
startup includes environmental objectives
in a design-build programme.
KEY PARTICIPANTS
Adim Paris Île-de-France, Bateg and Sicra
Île-de-France (VINCI Construction France).
STANDOUT FEATURES
Because the site lies directly
adjacent to a residential area,
GARD DEPARTMENT the project took special steps
to protect it. These included
Ongoing major confining earthworks within
remediation a temporary building,
project constantly watering
roadways and worksite areas,
THE PROJECT IN A NUTSHELL covering over excavated
earth to avoid pollution,
As part of the rehabilitation
and removing and disposing
of an industrial brownfield
of 27,000 cu. metres of
site previously used
polluted soil following
to manufacture pesticides,
on-site analysis.
REMEA teams have been
conducting a major soil and KEY PARTICIPANT
water remediation project
since the spring of 2018. REMEA (Soletanche Freyssinet).
33FRANCE
LYON
Successful transformation
of a benchmark hospital
complex
THE PROJECT IN A NUTSHELL
Citinéa handed over the Groupement Sanitaire
de l’Ouest Lyonnais hospital complex to the
French Red Cross in September 2018 following
more than two years of works. The complex
now brings three of the customer’s Lyon
facilities together at a single site: a geriatric
hospital, a short-term care and rehabilitation
unit and a post-operative rehabilitation centre.
STANDOUT FEATURES
The design-build project involving a combination
of occupied site refurbishment and new-build
extension works was particularly complex
since the new building was to be incorporated
in the existing hospital, which was itself
undergoing renovation. Patients were moved
from one part of the structure to another during
the work.
KEY PARTICIPANT
Citinéa (VINCI Construction France).
STRASBOURG
STANDOUT FEATURES
Start of work On the COS project, which got
on the western under way in September 2018,
bypass VINCI Construction
is responsible for design
THE PROJECT IN A NUTSHELL build construction on behalf
of the concession company,
The Strasbourg western
Arcos (VINCI Autoroutes).
bypass (COS) project covers
The project covers a dual
construction of a 24 km section
two-lane carriageway
designed to decongest the
and some 50 engineering
A35 motorway and provide
structures. Handover is set
continuity of the north-south
for 2021.
motorway artery in Alsace.
The new section added KEY PARTICIPANTS
to the existing road network,
which is essentially a star- Dodin Campenon Bernard;
shaped network around the VINCI Construction
city, will boost traffic safety Terrassement;
and enhance the attractiveness GTM Hallé and Sogea Est
of the region. (VINCI Construction France).
34 VINCI CONSTRUCTION - ACTIVITY REPORT 2018FRANCE
PARIS
A new metro line
to interconnect
the region
THE PROJECT IN A NUTSHELL
As part of the Grand Paris
Express programme, more
than 200 km of new metro
lines and 68 new stations
will be built and interconnected
with the existing transport
network. The programme will
overhaul mobility in the Greater
Paris region in coming years.
VINCI Construction, which
is taking part in the huge
infrastructure programme,
won, among other contracts,
the T3C works package
on Line 15 South between
Fort d’Issy-Vanves-Clamart
and Villejuif-Louis Aragon.
STANDOUT FEATURES
With more than five stations
to be built and eight tunnels
to be bored within a densely-
populated urban area, the
VINCI Construction entities
working within a joint venture
are making the most of their
deep underground works
and major project management
expertise. A vertical tunnel boring
machine, which is particularly
well-suited to this type of context,
was used for the first time in
France. The innovative machine,
developed by Herrenknecht,
can bore a vertical shaft and
install arch segments to support
it without requiring any personnel
inside the structure, and thus
ensure complete safety.
KEY PARTICIPANTS
VINCI Construction Grands Projets;
Dodin Campenon Bernard;
VINCI Construction France;
Botte Fondations.
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