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Last $8.23 USD
Change Today 0.00 / 0.00%
Volume 0.0
As of 8:10 PM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

bilfinger se -unspon adr (BFLBY) Snapshot

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Day High
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52 Week High
08/4/14 - $16.12
52 Week Low
07/7/15 - $7.04
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Current Stock Chart for BILFINGER SE  -UNSPON ADR (BFLBY)

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bilfinger se -unspon adr (BFLBY) Details

Bilfinger SE develops, builds, maintains, and operates facilities and structures for the industrial, energy, and real-estate sectors. It operates through Industrial, Power, and Building and Facility segments. The Industrial segment offers consulting, engineering, project management, piping and component engineering, plant assembly, mechanical engineering, electrical, instrumentation and control technology, process engineering, insulation, scaffolding, and corrosion protection services for the design, construction, maintenance, and modernization of plants. This segment serves oil and gas, refineries, petrochemicals, chemicals and agro-chemicals, pharmaceuticals, food and beverages, power generation, and steel and aluminum sectors in Europe, the United States, and Asia. The Power segment provides services for the maintenance, repair, efficiency enhancements, service life extensions, and demolition of existing plants, as well as engineering, delivery, assembly, and commissioning of power plant facilities. This segment also designs, manufactures, and assembles components for power plant construction focusing on boiler and high-pressure piping systems, as well as erects overhead power lines in Europe, South Africa, and the Middle East. The Building and Facility segment designs, constructs, and operates real-estate projects; and manages facilities of various kinds, as well as offers consultancy and real-estate services for fund, asset, property, and facility management. This segment also provides water and wastewater systems; and services for construction and construction logistics. The company was formerly known as Bilfinger Berger SE and changed its name to Bilfinger SE in September 2012. Bilfinger SE was founded in 1880 and is headquartered in Mannheim, Germany.

68,839 Employees
Last Reported Date: 05/7/15
Founded in 1880

bilfinger se -unspon adr (BFLBY) Top Compensated Officers

Member of Executived Board
Total Annual Compensation: €629.0K
Member of Executive Board
Total Annual Compensation: €588.0K
Member of Executive Board
Total Annual Compensation: €504.0K
Compensation as of Fiscal Year 2014.

bilfinger se -unspon adr (BFLBY) Key Developments

Bilfinger to Manage Real Estate of Two Major European Banks

Bilfinger has signed important service agreements for the management of the real-estate portfolios of two major European banks. The two agreements have a total volume of about 600 million. Bilfinger will in future be providing advisory services for all questions related to the entire real-estate portfolio of a well-known internationally active bank in the United Kingdom. The consulting order has an initial term of five years. Services also cover real-estate management and the evaluation of properties. In addition, Bilfinger has reached agreement with one of its existing clients on the early extension of a cooperation that has been in place for more than ten years. The new framework agreement takes effect retroactively from January 1, 2015 and has a term of five years. Bilfinger thus retains responsibility for the technical, commercial and infrastructural facility management for the bank's more than 1,000 properties. Services also include energy and sustainability management, building maintenance, billing and space planning.

Bilfinger Hires Deutsche To Sell Its Power Business

Bilfinger SE (DB:GBF) said that it has hired Deutsche Bank AG(BUSE: DEUTSCHEBANK) to manage the sale process of its struggling power business segment. In mid-June, the group decided to put up for sale the unit as part of its strategy to focus on the services business in the industrial and real estate sectors. Back then Per Utnegaard, Chief Executive Officer of Bilfinger said an investor had showed interest in the business. The sale of the power operations, which include activities in the energy and power plant sectors, is expected to be finalized within one year.

Bilfinger Receives a Total Volume of More than €100 Million Building Construction Orders in Munich and Cologne

Bilfinger SE has received new orders for the construction of administration buildings in Munich and Cologne with a total volume of more than €100 million. In Munich, Bilfinger will execute one of Germany's most spectacular real-estate projects for Bayern Projekt GmbH. The company is responsible for the demolition of various existing buildings and will carry out turnkey construction of two highly energy-efficient office towers at the same location. Certification from the German Sustainable Building Council in silver is planned for both of the new buildings. The 83 meters high Sky Tower and the 46 meters high Star Tower from the Bavaria Tower Ensemble will be completed at the beginning of 2018. On the Konrad Adenauer Ufer in Cologne, Bilfinger is building an office complex with 14,500 square meters of gross floor space for the Bank fur Sozialwirtschaft. The client is KAU Projekt GmbH & Co. KG. Completion of the building is scheduled for December 2016.


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