PORR

The Customer:
As a major international construction company, PORR can build on more than 150 years of experience in planning, development and execution. With around 20,000 employees, the Group generates annual sales of EUR 5.5 billion. In addition to the core markets of Austria, Germany, Switzerland, Poland and the Czech Republic, PORR is also active in numerous countries in Eastern Europe and Qatar.

The Project:

  • The difficult economic situation, decreasing investments by public and private clients, strong competition and the continuous decline in European construction output have prompted the Porr Group's Board of Management to launch the "fit for future" restructuring and optimization program.
  • The aim is to position the company in the first third in terms of costs and earnings compared with the rest of the industry and to reduce the level of net debt in the Group.
  • Management Factory has been appointed to lead the restructuring program. The cost savings achieved in 2013-2016 significantly improved the Group's earnings Position.


Highlights:

  • Massive cost savings in administration and significant improvement in net debt
  • Successful turnaround of the Porr Group
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