R SIORAT

What R SIORAT does

NGE (Nouvelles Générations d'Entrepreneurs) is a privately held French construction and civil engineering group headquartered in Tarascon, structured as a SAS with €50,099,016 in capital. The group operates across seven integrated trades — earthwork, civil engineering, road, building, foundations, networks, and environmental — through more than 60 subsidiaries including TSO (rail, founded 1927), SADE (water and energy networks), Guintoli (earthwork), NGE Bâtiment, NGE Fondations, NGE GC, NGE Nucléaire, NGE TMF (marine works), NGE Transitions, and NGE Énergies Solutions. With 25,254 employees and a disclosed revenue exceeding €5 billion, NGE serves primarily public-sector clients (SNCF Réseau, Société des grands projets, Rail Baltica Estonia, Trafikverket, Vinci Autoroutes) across 17 countries and 100+ locations.

The business model combines traditional EPC construction contracts with a growing concessions and PPP arm (NGE Concessions) that generates long-duration, recurring revenue. Recent contracts include the £1.5 billion CRSA framework in the UK, Grand Paris Express Line 17 (with Cimolai), and the West Link project in Sweden. Go-to-market is tender-driven, reliance on multi-year public-sector procurement, with specialized subsidiaries bidding independently on core trades and jointly on mega-projects. The group also operates a real estate development arm (NGE Immobilier) and an engineering services unit (NGE Ingénierie). Underlying technology includes BIM-based workflows, the MIRE platform for topography and 3D scanning, NGE Scan Matériel for Bluetooth geolocation of construction equipment, and proprietary circular-economy brands EcoRev® and REVAMA® for materials recovery.

Growth is driven by a multi-year acquisition strategy (SADE in 2024, Avanzit Technologies Maroc in 2023, SACEEM in Uruguay in 2025) combined with organic entry into the Baltics, Nordics, and Latin America. Private ownership means capital is internally generated or debt-financed, and the group has not disclosed the equity backers driving the M&A cadence.

Name

R SIORAT

Legal name

NGE, société par actions simplifiées

Website

https://siorat.fr

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

NGE is a privately held French construction and civil engineering group operating across 17 countries with 25,254 employees and revenue exceeding €5 billion, serving public-sector infrastructure clients through 60+ subsidiaries spanning rail, roads, networks, building, and concessions.

Ownership category

akta.pro rank

Headquarters

HQ city

Tarascon

HQ country

France

HQ region

Europe

Offices25 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Public Infrastructure Construction Contracts: NGE's primary revenue stream is project-based construction contracts for public infrastructure (roads, railways, bridges, water networks, buildings). Revenue is earned through lump-sum, design-build, and EPC (Engineering, Procurement & Construction) contract structures, predominantly from government and municipal clients in France and internationally. Revenue recognition follows project completion milestones.
2. NGE Concessions / PPP (Public-Private Partnerships): NGE Concessions develops and manages long-term concession assets and public-private partnerships covering roads, railways, fiber optics, renewable energy, and water. Revenue includes availability payments, shadow tolls, and availability-based payments over concession periods of typically 20–40 years.
3. NGE Ingénierie — Project Management & Engineering Services: Engineering services covering project conception, structural design, railway systems, planning, execution management, cost control, and environmental impact assessment — provided both internally and to external clients as a single point of contact.
4. NGE Immobilier — Real Estate Development: Real estate development revenue from the Group's dedicated property development division, covering residential, commercial, and public facility projects from conception through delivery.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

NGE is an independent French multi-trade construction and civil engineering group delivering large-scale public infrastructure projects across 7 integrated trades: building, civil engineering, geotechnical/foundations, road infrastructure, railway works, energy/telecom networks, and water cycle services. The group operates through 60+ subsidiaries across 17 countries, providing end-to-end project delivery from engineering and project financing (via NGE Concessions PPPs) through construction and long-term maintenance, serving government and large private-sector clients.

Product overview

NGE (Nouvelles Générations d'Entrepreneurs) is a French independent building and public works (BTP) group offering a comprehensive multi-trade approach with seven core construction trades. The portfolio consists of multiple specialized divisions and subsidiaries operating as an integrated platform: NGE BATIMENT handles building construction and renovation; NGE GC manages civil engineering and structural works; NGE FONDATIONS provides geotechnical and special foundations; NGE ROUTES covers road infrastructure; NGE ENERGIES SOLUTIONS addresses energy and telecom networks; NGE CONCESSIONS develops public-private partnerships; and NGE INGÉNIERIE coordinates complex project engineering. Key sub-brands include SADE for water and energy networks, TSO (with TSO CATENAIRES and TSO SIGNALISATION) for railway systems, NGE INFRANET and NGE CONNECT for telecom/smart networks, and GUINTOLI for earthwork and VRD. Additional subsidiaries cover specialized niches including landscaping (NGE PAYSAGES), nuclear works (NGE NUCLEAIRE), marine works (NGE TMF), environmental remediation (BERENGIER DEPOLLUTION), water treatment (SOC), and sports surfaces (NGE Sols Sportifs). The group serves public and private clients across France and 20+ countries.

Differentiator

Problem solved

Functional benefit

Products and services

• NGE B\u00e2timent Building construction, renovation and thermal-rehabilitation services for functional, residential, hotel and public-facility projects, including wood construction, HVAC, roofing and waterproofing. Serves public and private clients across France.
• NGE Fondations Geotechnical works and special foundations covering soil improvement, deep foundations, retaining structures and reinforcement, including water well drilling and aquifer geothermal via Foradour subsidiary.
• NGE G\u00e9nie Civil (NGE GC) Construction of engineering structures including bridges, viaducts, road and rail tunnels, water treatment plants, reservoirs, hydroelectric plants, functional facilities and underground works, plus rehabilitation.
• NGE Routes Construction, maintenance and renovation of roadways, urban development and road equipment using innovative materials such as EcoRev\u00ae cold-mix asphalt.
• NGE Energies Solutions Energy and telecommunications services covering energy networks, digital networks and connected sustainable communities, including fibre optic rollout via NGE Infranet and smart-device networks via NGE Connect.
• NGE Concessions Development, financing and management of public-private partnership (PPP) and concession assets across roads, railways, fibre optics, renewable energy and water with concession terms typically 20\u201340 years.
• NGE Ing\u00e9nierie End-to-end project engineering and management services covering project conception, structural design, railway systems, planning, execution management, cost control and environmental impact assessment.
• SADE Design, construction, rehabilitation and maintenance of water and energy networks, civil engineering and underground works, serving public and private clients across France and international markets.
• TSO (railway works) Railway construction, renewal and maintenance services, including catenary electrification (TSO Cat\u00e9naires), signalling (TSO Signalisation), topography (MIRE), equipment inspection (SIFEL), safety (FVF, Sages Rail) and multi-region construction services (Offroy, Olichon, Egenie, Frasca).
• NGE Infranet Design of telecom networks and construction of aerial and underground fibre optic infrastructure for the France Tr\u00e8s Haut D\u00e9bit (FTTH) plan and similar rollouts.
• NGE Connect Design, rollout and maintenance of smart-city networks: video surveillance, urban transport management, smart lighting, smart parking and environmental monitoring systems.
• NGE Nucl\u00e9aire Civil engineering, maintenance and safety enhancement works on nuclear facilities, delivered under strict nuclear safety and quality standards.
• NGE Paysages Landscaping and environmental-amenities services including urban greening, soil restoration, cooling islands and nature-in-urban-space projects.
• NGE TMF (Travaux Maritimes et Fluviaux) Marine and river engineering services covering pile driving, port structures, river works, dredging and underwater construction.
• NGE Transitions Innovation and experimentation services focused on accelerating environmental transformations in public works and ecological transition.
• NGE Immobilier Real-estate development services covering residential, commercial and public-facility projects from conception and planning through execution.
• SOC (water treatment solutions) Turnkey water-treatment systems from planning through commissioning and maintenance, with complementary piping, hydraulic equipment and rehabilitation capabilities.
• Guintoli (earthworks and VRD) Earthwork and VRD (roads and utility networks) services for public works, including large-scale earthworks and urban development projects.
• NGE Sols Sportifs (sports surfaces) Construction, renovation and maintenance of sports surfaces including football and rugby pitches, athletics tracks, sports halls and proximity outdoor areas.
• BERENGIER Depollution (environmental remediation) Environmental remediation services covering asbestos removal (d\u00e9samiantage), site decontamination and rehabilitation of brownfield and polluted sites.

Quantifiable outcome

• 30% increase in Cameroon's electricity production via Nachtigal hydroelectric dam
• +4 more outcomes

Named customers10 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Ten partnerships are on record, tiered core, flagship and supporting.

• SACEEMcoreStrategic or Co-development Partner · 1 December 2025NGE completed the acquisition of Saceem in December 2025, adding a major Uruguayan infrastructure group with 1,800+ employees and a presence across Uruguay, Peru, and Paraguay. Saceem brings multimetier expertise in energy, water, telecommunications, infrastructure, and architecture, including public-private partnerships. This acquisition brought ~7,000 additional collaborators to NGE, marking a significant expansion in Latin America and adding to NGE's revenue exceeding €5bn.
• Rail Baltic Estonia OÜcoreStrategic or Co-development Partner · 1 January 2025Rail Baltic Estonia OÜ awarded NGE (via TSO) a major Rail Baltica contract in 2025 covering design-build of a 150 km railway section between Tallinn Ülemiste and Pärnu freight terminal, as part of a multi-company European alliance. This is NGE's first major contract in the Baltic states.
• Cimolai Group (Grand Paris Express Line 17)flagshipStrategic or Co-development Partner · 1 January 2024Cimolai Group partners with NGE on the Grand Paris Express Line 17 Lot 2 civil engineering project — a flagship multi-metier initiative combining NGE's Guintoli, NGE Bâtiment, NGE Fondations, and NGE Génie Civil subsidiaries.
• Trafikverket (Swedish Transport Administration)flagshipOthers · 1 January 2024Trafikverket awarded NGE (via TSO) the West Link (Västlänken) Phase 1 railway systems contract in Gothenburg — 7 km of track, catenary, power, telecom, and signalling systems. This is NGE's primary Swedish project and a flagship railway contract.
• Avanzit Technologies MarocsupportingTechnology or Integration · 1 January 2023NGE acquired Avanzit Technologies Maroc in 2023, strengthening its telecommunications and railway signalling capabilities in Morocco. This acquisition complements NGE's existing fiber optic and telecom activities through NGE Energies Solutions and NGE Infranet.
• ELEMENT TERREsupportingTechnology or Integration · 1 January 2023EHTRE PAYSAGE (acquired 2023) and ELEMENT TERRE (integrated 2025) were acquired to expand NGE's environmental remediation and landscaping capabilities, strengthening NGE Paysages' presence in Hauts-de-France and NGE's soil remediation services.
• S2F Network (Le Havre)supportingTechnology or Integration · 1 January 2023NGE acquired S2F Network in Le Havre to create NGE CONNECT — a new subsidiary dedicated to smart device network design, rollout, and maintenance (video surveillance, urban transport management, smart lighting, parking, environmental monitoring), complementing fiber optic and power supply expertise.
• Rios del Norte Consortium (Peru)coreStrategic or Co-development Partner · 1 January 2021NGE participates in the Rios del Norte consortium in Peru alongside local partners, delivering the Motupe and La Leche riverside development project (design-build) — 100+ km of river embankments addressing environmental flooding issues. NGE has been present since 2021.
• Grupo Vía Central (Sacyr Concesiones, NGE Concessions, Saceem, Berkes)coreStrategic or Co-development Partner · 1 January 2019Grupo Vía Central is a consortium formed for the Ferrocarril Central Uruguay PPP (2019–2039). NGE Concessions is a 25% equity partner alongside Sacyr Concesiones, Saceem, and Berkes. Caraminer S.A., the operational entity, provides preventive, predictive, and corrective maintenance across the 264 km railway under a 20-year concession running until 2039.
• TCP Rail Inc. (TSO + CIM — Compagnie Internationale de Maintenance)flagshipStrategic or Co-development Partner · 1 January 2014TCP Rail Inc. is a joint venture between TSO (NGE's railway subsidiary) and CIM (Compagnie Internationale de Maintenance) operating since 2014. The JV is responsible for construction and maintenance of Panama Metro Lines 1 and 2 and their extensions — one of NGE's flagship international railway projects.

Scale indicators16 records

Recent moves6 records

Expansion highlights7 records

Direct peers

• Eurovia: VINCI's road and urban development subsidiary with global operations. Direct comparator to NGE Routes and Guintoli for road infrastructure, earthworks, and urban development tenders across Europe and the Americas.
• Skanska: Swedish-headquartered construction and project development group operating across Europe, the Americas, and beyond. Highly comparable to NGE on Nordic transport infrastructure (Skanska's Swedish and Norwegian rail exposure mirrors NGE's Trafikverket work) and PPP-style project development.
• Colas: French road infrastructure and rail specialist (Bouygues subsidiary) with international operations. Highly comparable to NGE Routes, NGE's rail subsidiaries (TSO), and its road/earthworks delivery model in France and abroad.
• Strabag: Austrian-based European construction group operating across building, civil engineering, and infrastructure concessions in CEE and Western Europe. Comparable to NGE on multi-metier delivery, public-sector tender participation, and integrated PPP/concessions capability.
• Implenia: Swiss construction and real estate services group active across building, civil engineering, and tunnelling in Switzerland, Germany, and France. Comparable to NGE on mid-sized integrated construction projects with public-sector clients in Western Europe.
• Bouygues Construction: Subsidiary of Bouygues SA covering building, civil works, and energy/infrastructure projects globally. Closely comparable to NGE's mix of public infrastructure tenders and multi-disciplinary project delivery across Europe and emerging markets.
• Acciona: Spanish infrastructure group with strong concessions portfolio (roads, water, renewables) and significant Latin American footprint. Closely matches NGE's mix of construction, water networks, and PPP concessions, particularly in Ibero-American markets after the SACEEM acquisition.
• Eiffage: French multi-trade construction group (roads, civil engineering, energy systems, concessions) operating across Europe and Africa. Eiffage is the closest direct peer to NGE in terms of integrated multi-metier model, French government client base, and concession exposure.

Broad incumbents

• ACS Group (Actividades de Construcción y Servicios): Spanish-headquartered global infrastructure group (parent of Hochtief, Turner, Dragados). Overlaps with NGE on international transport tenders, civil engineering, and concessions, though at significantly larger scale and with broader geographic reach.
• VINCI Construction: Largest French construction player and part of VINCI group, spanning civil engineering, building, and concessions globally. Overlaps significantly with NGE on transport infrastructure, water networks, and PPP tenders but operates at substantially larger scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/r-siorat
• Instagraminstagram.com/nge_btp

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries57 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 R SIORAT