Renaissance ranked 23rd in the list of the world's largest construction company

27 August 2020

Since 2015, Ballast Nedam has been part of Renaissance Construction. We are proud of our parent company for their position in the list of the world's top 250 largest international construction companies by Engineering News Record (ENR), where they are ranked 23rd. This is an increase of 10 places compared to 2019. In addition, they maintain their rank as 9th contractor in Europe. We congratulate Renaissance with this great achievement.

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Renaissance ranked 23rd in the list of the world's largest construction company

In the list of Engineering News Record (ENR) “The World's Top 250 International Contractors", Renaissance Construction has achieved a great success by rising 10 steps at once compared to 2019 and also retained its rank as 9th top contractor in Europe.

The largest Turkish company to make it to global rankings with international projects, Renaissance sees yet another year of swift rise among its industrial counterparts. The 2020 edition of the Top 250 International Contractors List by ENR, an international construction magazine dating back to 1917, featured Renaissance Construction as 23rd. This marked a 10-spot rise year-over-year based on contractors’ annual revenue from overseas operations. Renaissance Construction maintains its leading position among Turkish contractors, and ranks 9th in Europe. The company continues to grow overseas through investments that generate 70% of its revenues and provide influx of foreign currency.

Global turnover of USD 5.4 billion across 28 countries

With one of the fastest global growths for a Turkish company, Renaissance recorded, in 2019, a total global turnover of USD 5.4 billion. Renaissance, a company of “top” performances, operates in 28 countries, incessantly creating value for Turkey and the world through projects, capital inflows, and employment across the globe.

Established in 1993 in Russia’s St. Petersburg, Rönesans Holding serves as main contractor and investor of construction, real estate, healthcare, energy and petrochemistry in a wide area spanning Central Asia, Europe, Middle East and Africa, predominantly in Turkey, Russia and the Netherlands. The group constructs malls, offices, hotels, residences and mixed-use structures as well as heavy industry plants, infrastructure projects, manufacturing plants, chemical and pharmaceutical manufacturing plants, food and beverage processing plants, automotive and machinery production factories, public buildings, healthcare complexes, and power plants.

A name of “firsts” and “tops”, Rönesans Holding adds to its diverse global achievements with Yamal LNG Plant offering a new energy channel to the world, world’s longest rail tunnel Gotthard Base Tunnel, Europe’s highest building Lakhta Center, and the Netherlands’ longest land tunnel Gaasperdammertunnel. Renaissance Healthcare Investment, a Rönesans Holding subsidiary and a key player in the Turkish healthcare investment market, won the Award of Merit at ENR’s Global Best Projects competition in the healthcare category for Başakşehir Çam and Sakura City Hospital co-developed with Japanese partner Sojitz.