Aktiengesellschaft | |
Industry | Construction |
Founded | 1869 (as Allgemeine österreichische Baugesellschaft) |
Headquarters | Vienna, Austria |
Key people
|
Karl-Heinz Strauss (CEO) |
Revenue | 3,4 billion EUR (2013) |
Number of employees
|
13,878 (2015) |
Website | www.porr-group.com |
Aktiengesellschaft | |
Industry | Construction (Parent company) |
Founded | 1869 (Legal form and name since 2013) |
Headquarters | Vienna, Absberggasse 47 |
Key people
|
Karl-Heinz Strauss (CEO) |
Revenue | ca. 57 million EUR (estimation, 2014) |
Number of employees
|
335 (2015) |
Website | www.porr-group.com |
The Porr Group (company's preferred spelling: PORR) is a publicly listed construction company with its headquarters in Vienna. It is the biggest Austrian building contractor in domestic building industry. Globally, Porr is on the second position among Austrian building contractors. Porr provides services in all areas of the construction industry. It operates nationally and internationally in areas from civil engineering including roads, tunnels and special underground constructions through building construction including project development up to environmental engineering and facility management.
Today's Porr AG parent company was founded in 1869 as a public company under the name Allgemeine österreichische Baugesellschaft, which makes Porr the oldest public company in the country. The name Porr goes back to the building technician Arthur Porr, the co-founder of A. Porr Betonbauunternehmung which merged with Allgemeine österreichische Baugesellschaft in 1927.
The Allgemeine österreichische Baugesellschaft was founded in 1869 in Vienna. That same year took place the first listing on the stock exchange and the establishment of several Vienna Ring Road buildings of 19th century, such as the House of the Industry on Schwarzenbergplatz. In 1873 the company established erection of seven exhibition pavilions and numerous hotels for the World Exposition in Vienna.
Arthur Porr, a concrete construction pioneer, and O. Stern founded the A. Porr Betonbauunternehmung Gesellschaft mbH in 1908.
The merger of the two parent companies for Allgemeine Baugesellschaft - A. Porr Aktiengesellschaft was carried out in 1927. In 1930, the company pioneered with the construction of the world-famous Grossglockner High Alpine Road. In the interwar years Porr participated in construction of numerous power plants, roads, railways and industrial buildings. During the occupation after the 2nd World War the company belonged to Soviet-run USIA-Betrieben.