OHL Servicios

What OHL Servicios does

OHLA Group is a Spanish global infrastructure company with over 115 years of history, publicly listed on the Spanish stock exchange (ticker ES:HUA) and headquartered in Madrid. It operates across five business lines — Construction, Industrial, Concessions, Developments, and Services — delivering large-scale public infrastructure including highways (6,000+ km built), high-speed rail (200+ projects), hospitals (150+, 8.5 million m²), dams (80+), maritime structures (600+), and renewable energy assets (3,000+ MW managed). The company serves government and public-sector clients (Swedish Transport Administration, Czech Railway Administration, California DOT), industrial clients, and real estate developers (including Galería Canalejas Madrid), with a recent expansion into semiconductor research facilities via the IMEC project in Málaga.

Its core technology stack combines traditional civil engineering with digital project delivery: BIM (Building Information Modeling), GIS, and digital twins are applied across 100+ projects, while proprietary Cubipod concrete armor unit technology underpins its maritime infrastructure segment. Specialized wholly-owned subsidiaries — Sando, ITERCON, and G&O (Gestión y Organización) — provide construction and railway infrastructure capabilities that feed into integrated project delivery. The company holds sustainability credentials including UN Global Compact membership, SDG alignment, and Climate Neutral Now certification, with 60+ certified sustainable projects and 300+ R&D+i initiatives completed.

OHLA makes money primarily through project-based construction contracts awarded via public tenders or direct negotiations with government agencies and private clients, supplemented by long-duration infrastructure concessions (toll roads, railways) under public-private partnership models, and a growing Developments business anchored by the fully-owned Galería Canalejas luxury commercial property. Pricing is project-specific and not publicly disclosed, with billing tied to multi-year contract cadence. Recent financial performance shows FY2025 sales exceeding €4 billion (+42% YoY), an order book above €10 billion, and EBITDA more than tripling year-over-year, with active international expansion into the US market through $550 million of new Florida contracts and continued European wins in Sweden and the Czech Republic.

Name

OHL Servicios

Legal name

OHLA Group S.A.

Website

https://ohlservicios.com

Company type

Public

Founded year

1907

Operating status

Operating

Headcount range

251–500 employees

Short description

OHLA is a Spanish global infrastructure group with 115+ years of history, delivering construction, industrial, concessions, developments, and services across highways, railways, hospitals, maritime works, and commercial real estate for government and enterprise clients worldwide.

Ownership category

akta.pro rank

Product category

Infrastructure Construction Services

SIC

Services-Facilities Support Management Services (8744)

akta.pro primary industry

Space & Occupancy (MAC, Space Planning, Move Management) (BPABAAAG)

Keywords

• Infrastructure construction
• Civil engineering services
• Public-private concessions
• Railway construction
• Highway construction

Headquarters

HQ city

Madrid

HQ country

Spain

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Construction Contracts: Revenue from large-scale construction projects including hospitals (150+ hospitals, 8.5 million m2 built), railways (200+ high-speed projects), highways (6,000+ km), maritime projects (600+), dams (80+), and general infrastructure.
2. Concessions: Revenue from infrastructure concessions including toll roads, railways, and other public-private partnership arrangements where OHLA develops, builds, and operates facilities.
3. Industrial Services: Specialized industrial construction and services through subsidiary G&O (Gestión de Obras), including railway infrastructure projects and specialized construction.
4. Developments: Real estate and property developments including the full ownership and management of iconic commercial properties like Galería Canalejas in Madrid.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

OHLA Servicios is a global infrastructure group that delivers large-scale construction, industrial engineering, concessions, property development, and integrated services for public and private sector clients. Its portfolio spans highways, high-speed railways, hospitals, maritime works, dams, and renewable energy facilities, executed through subsidiaries such as Sando, ITERCON, and G&O.

Product overview

OHLA Group operates as a global infrastructure conglomerate offering integrated services across five core business areas: Construction, Industrial, Concessions, Developments, and Services. The company leverages proprietary technologies such as Cubipod for maritime construction and operates specialized subsidiaries like G&O for railway projects. With over 115 years of history, OHLA focuses on large-scale infrastructure projects including highways, railways, hospitals, and commercial developments, utilizing methodologies like BIM, GIS, and digital twins for digital transformation.

Differentiator

Problem solved

Functional benefit

Brands

• Sando: Construction subsidiary of OHLA Group
• ITERCON
• G&O (Gestión y Organización)
• Cubipod

Products and services

• Construcción (Construction) General construction services for buildings, infrastructure, and civil engineering projects, delivered to public sector and enterprise clients worldwide.
• Industrial Industrial construction and engineering services for specialized facilities, including railway infrastructure through subsidiary G&O and semiconductor research facilities through Sando and ITERCON.
• Concesiones (Concessions) Public-private partnership concessions for infrastructure development and long-term management, including toll roads, railways, and other transport assets.
• Desarrollos (Developments) Real estate and property development services, including full ownership and integral management of premium commercial destinations such as Galería Canalejas in Madrid.
• Servicios (Services) Comprehensive infrastructure and facility management services complementing the group's construction, concession, and development activities.
• Cubipod Proprietary concrete cube technology for maritime infrastructure construction, enabling efficient and sustainable harbor and breakwater development.

Quantifiable outcome

• Sales growth of 42% to over €4 billion
• +2 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Four partnerships are on record, tiered core.

• IMEC (Interuniversity Microelectronics Centre)coreStrategic or Co-development Partner · 22 June 2026OHLA, together with subsidiaries Sando and ITERCON, is developing the new IMEC semiconductor research center in Málaga. The project involves comprehensive development of a highly specialized industrial complex with approximately 45,000 m² of constructed space, representing a strategic initiative for semiconductor development in the European Union.
• SandocoreStrategic or Co-development Partner · 22 June 2026Subsidiary company partnering with OHLA and ITERCON on the IMEC center development project in Málaga. Sando contributes construction expertise to the semiconductor research facility.
• ITERCONcoreStrategic or Co-development Partner · 22 June 2026Partnering with OHLA and Sando on the IMEC semiconductor center project in Málaga. ITERCON contributes to the specialized industrial construction required for the research facility.
• G&O (Gestión de Obras)coreStrategic or Co-development Partner · 1 January 2026Specialized subsidiary focused on railway infrastructure and specialized construction projects. G&O is developing multiple railway projects including the Algeciras-Madrid-Zaragoza railway corridor, contributing to advancing sustainable transportation in Spain.

Scale indicators16 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• VINCI: French-listed global infrastructure group with concessions (toll roads, airports), construction and energy businesses. Comparable to OHLA on integrated concessions-plus-construction model and large-scale international tenders.
• Skanska: Swedish-listed construction and project-development group with strong public-infrastructure presence in Nordics, US and UK. Comparable to OHLA on railway/highway tenders (e.g., Lund–Arlöv type projects) and Scandinavian geographies.
• Bouygues Construction: French-based construction subsidiary of Bouygues with building, civil works and concessions operations. Direct competitor to OHLA on European hospital, rail and large-building tenders.
• Hochtief: German-listed international construction group controlled by ACS. Comparable to OHLA on complex public infrastructure, PPP concessions and increasingly on US infrastructure through its Turner/CIMIC footprint.
• Ferrovial: Spanish-listed infrastructure group with major toll-road concessions, construction and airports businesses. Directly competes with OHLA on Spanish and US highway, rail and PPP tenders.
• Sacyr: Spanish infrastructure group with a heavy concessions/PPP portfolio (toll roads, hospitals) and construction arm. Closely comparable to OHLA in PPP-concession exposure and Spanish public-tender focus.
• Acciona: Spanish-listed infrastructure and renewable-energy conglomerate. Competes with OHLA on infrastructure concessions, sustainable construction tenders, and increasingly on EU-funded green infrastructure projects.
• Strabag: Austrian-listed European construction group with extensive transportation-infrastructure and public-building portfolio. Direct peer to OHLA on EU-funded highway, rail and building tenders.
• ACS Group (Actividades de Construcción y Servicios): Spanish-listed global infrastructure conglomerate with construction, industrial services and concessions divisions. Closest direct peer to OHLA given overlapping geographies, public-tender bidding model and integrated concessions-to-construction value chain.

Broad incumbents

• Fluor Corporation: US-based global EPC firm with broader industrial, energy and government-services exposure. Less directly comparable than the European peers but adjacent on large-scale public and industrial project execution, including IMEC-type specialized facilities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about OHL Servicios