Group principles

Vision/Strategy

Building Visions – Building Values – Building Europe

STRABAG is an important European construction company that developed from companies full of tradition and rooted in Europe, as well as the people thereof.

With the competence, innovative power and motivation of our employees as well as a streamlined and transparent organisational structure associated therewith, we are on the way to becoming Europe’s leading construction service providers. The broadness and internationality of our fields of activity in conjunction with the depth of our know-how put us on a stable economic basis, on which we continue to grow dynamically.

Group Principles

Our Group Principles are the guideline derived from our vision that form the basis for our dealing with employees, customers, subcontractors as well as the society as a whole, and are therefore binding for the Management Board, the management and all employees.

Employees

The efficiency and competence of our employees, in conjunction with their capability and preparedness for interdisciplinary cooperation form a central element of our corporate success. We see ourselves as a “learning organisation”, in which existing knowledge is not passed on between generations alone, but also where new knowledge is acquired and conveyed continuously. A high amount of self-responsibility of each individual
employee is an essential basis of our leadership principles. We nurture open and honest dealing with each other on the basis of mutual respect and mutual trust, point out perspectives for personal development opportunities within the company and ensure a punctual and open information policy. We actively support preventive measures for maintenance of the health of employees as well as safety at work. Furthermore, we support our employees appropriately in uncaused situations of need.

Customers

Our performances are focused on satisfying our customers’ warranted requirements and expectations, and offer them high added value as a result. We communicate openly and transparently with our customers within the meaning of partnership-based cooperation. This way, we build up long-term, trusting business relationships without neglecting the necessary amount of secrecy and discretion at the same time. We meet the needs of the market through customer proximity, professionalism, innovative orientation and good value.

Subcontractors and Suppliers

Aside from our own competences and resources, we also involve selected, tested subcontractors and suppliers in the processing of our contracts within the meaning of quality and profitability. Thereby, team-oriented cooperation on the basis of trust, openness, integrity and fairness is the guarantee for long-term, successful partnerships.

Economic Success

In order to fulfil the responsibility towards all our stakeholders (shareholders, customers, employees, subcontractors, authorities, competitors, media, the society as a whole), it is necessary to work profitably, maintain a strong financial basis and keep any risks at an appropriate level. Therefore, the continuous further development and consistent application of our instruments for early detection and prevention of economic risks (so-called “flop prevention”) during all phases of construction works represents a central objective for sustainable maintenance of profitability.

Social Accountability

For the realisation of this objective, we act responsibly in relation to our environment at all times and see our ethical standards (Code of Ethics) as an exemplary contribution towards a healthy development of the European market. Accordingly, we respect cultural differences, are committed to fair trade, observe the applicable laws and regulations and act with environmental awareness when dealing with energy, raw and waste materials, as well as emissions.
Moreover, we promote public welfare by supporting selected organisations and institutions with humanitarian, social, charitable, education-related or cultural objectives.

Sustainable Activity

Out of the responsibility towards humans, society and the environment, we conduct a sustainable economic activity with an eye on future generations, and take the aforementioned guiding principles into account in our commercial decisions. This is documented in regular intervals by an external institution in the form of a sustainability report.