- CEO
- Tomas Jose Ruiz Gonzalez
- Full Time Employees
- 8,656
- Sector
- Industrials
- Industry
- Engineering & Construction
- Address
- Paseo de la Castellana, 259 D Madrid Spain 28046
- IPO Date
- Apr 12, 2013
- Business
- Obrascón Huarte Lain, S.A. Obrascón Huarte Lain, S.A. (OHLA) engages in construction, engineering, concessions, and industrial services on a global scale. The company operates through three main segments: Engineering and Construction, which encompasses civil works such as highways, railways, airports, water management systems, and public buildings; Industrial, covering the design, construction, maintenance, and operation of plants and systems including oil and gas facilities, renewable energy projects exceeding 2,600 MW, mining, cement production, and fire-fighting installations; and Concessions and Development, focusing on transportation infrastructure like toll roads, as well as commercial properties, tourist resorts, and homebuilding. OHLA serves public and private clients across key markets in the Americas (United States, Canada, Mexico, Chile, Peru, Colombia, Brazil), Europe (Spain, Czech Republic, Central and Eastern Europe), and other regions. Founded in 1911 and headquartered in Madrid, Spain, the company maintains subsidiaries such as OHL USA and pursues operations in over 25 countries with a workforce of approximately 8,600-15,000 employees.
Recent developments include the launch of OHLA's 2025-2029 Strategic Plan in May 2025, targeting over €5 billion in sales by 2029 (nearly 20% growth from 2024), EBITDA exceeding €300 million, doubled cash generation, and €40 million in cost savings through an Operational Efficiency Improvement Plan emphasizing project controls, procurement optimization, and organizational restructuring. In May 2025, OHLA executed a fully subscribed €50 million capital increase, oversubscribed by investors, bolstering its financial position amid deleveraging efforts that reduced leverage from over 11x to 2.2x since 2019. The company secured major contracts such as an €850 million BR-040 motorway concession in Brazil (May 2025), two Florida projects worth $550 million (September 2024), and a €425.7 million Czech Republic contract (September 2024), alongside a preliminary asset division agreement with Mohari Hospitality for the Canalejas Complex in Madrid (2025) and divestment of its 25% stake in the Canadian CHUM hospital PPP to John Laing Group (completed 2024). Favorable arbitration outcomes in Qatar, including a €315 million award for Doha stations and a reduced €13.13 million liability in the CEDRA case (July 2025), further strengthened its balance sheet, with H1 2025 sales at €1.69 billion and EBITDA up 46% year-over-year.