Part of complete coverage on
VINCI boss to Europe: Build and growth will come
September 27, 2012 -- Updated 1828 GMT (0228 HKT)
- The name "Vinci" -- conjures notions of engineering genius and one of Italy's most revered sons
- Now, a modern pioneer is keeping the name in the spotlight
- VINCI has been involved in some of Europe's most high profile engineering feats
- The company boss has a blunt message for Europe: Build and growth will come
(CNN) -- The name "Vinci" -- conjures notions of pioneers, engineering genius and one of Italy's most revered sons. Now, a modern pioneer is keeping the name in the spotlight.
VINCI is one of Europe's construction giants. And Xavier Huillard, the company's chief executive, is driving the company through times of austerity with a blunt message: Build and growth will come.
Firms favor Switzerland
VINCI -- founded in 1899 -- has been involved in some of Europe's most high profile engineering feats, including the Channel Tunnel which connects the UK and France, and was completed in 1994.
Like Leonardo da Vinci -- whose famous Mona Lisa is housed in the Louvre -- VINCI also has an installation in the reputed Paris art gallery. The company, based in the Paris suburbs, was responsible for building the gallery's infamous entrance -- the Louvre pyramid -- in 1989.
And according to Huillard, Europe must push through its difficult times by accelerating transport investment to jump start economic growth.
Unicredit: Why Europe needs banking union
Governments should work with private companies to increase infrastructure projects, thus making up for the shortfalls in public finances, he told CNN. French President Francois Hollande, for example, "is probably fully aware about this necessity to develop public private partnerships," Huillard said.
Huillard added: "We've been able to win big public private partnerships and concession contracts, for example like the high-speed train line we are currently building in the South West of France, which is an 8 billion euro contract."
Now VINCI is looking to emerging markets to fuel its expansion plans. Huillard said: "We decided to focus mainly on North and South America and India, while continuing to develop our business in the continent or the countries where we are currently, which is mainly Europe, including Russia, Africa, Middle East and Asia."
CNN's Oliver Joy contributed to this report
Today's five most popular stories
Part of complete coverage on
January 16, 2014 -- Updated 1631 GMT (0031 HKT)
Marketplace Europe visits Latvia to see how the Baltic country has made its transition to the Euro from the Lat.
January 16, 2014 -- Updated 1630 GMT (0030 HKT)
CNN's Nina Dos Santos visits Latvia to speak to the country's outgoing Prime Minister and the prospects for the eurozone's 18th member.
January 2, 2014 -- Updated 1640 GMT (0040 HKT)
Malta is the gateway to Europe and on the frontline of the immigration flows. Isa Soares reports from a detention center on the Mediterranean island.
January 2, 2014 -- Updated 1641 GMT (0041 HKT)
CNN's Isa Soares speaks with people on the streets of Valletta who say their country can't cope with more migrants from Africa and the Middle East.
January 9, 2014 -- Updated 1006 GMT (1806 HKT)
Malta cannot afford to continue supporting migrants from war-torn countries in its over-crowded detention camps, the country's foreign minister has told CNN.
December 26, 2013 -- Updated 2123 GMT (0523 HKT)
Slow recoveries, bailouts, and youth unemployment. Richard Quest speaks to Europe's top CEOs about the issues of 2013.
December 26, 2013 -- Updated 2114 GMT (0514 HKT)
CNN's Richard Quest speaks to economist Bob Parker about defining moments of 2013 and about what to expect in 2014.
December 5, 2013 -- Updated 1815 GMT (0215 HKT)
Estonia is setting the pace for other European nations with a thriving economy and its tech industry, according to the Baltic nation's leader.
December 5, 2013 -- Updated 1903 GMT (0303 HKT)
The Baltic nation of Estonia is developing its oil shale energy reserves in a bid to become energy self-sufficient.
November 29, 2013 -- Updated 0925 GMT (1725 HKT)
Europe must stop being nationalistic if it wants to help a lost generation of workers, the regional boss of U.S. conglomerate General Electric says.
November 14, 2013 -- Updated 1706 GMT (0106 HKT)
Peer at the windows and you'll spot big colorful chairs, plastic plants and a huge bed, but this is no department store.
November 19, 2013 -- Updated 1006 GMT (1806 HKT)
There once was a time, many years ago, when the sounds of bagpipes struck fear into the stomachs of Englishmen.
November 11, 2013 -- Updated 1116 GMT (1916 HKT)
Greece is on the way to economic recovery as investor faith returns to the recession-ridden eurozone nation, an executive at Greece's largest bank has told CNN.
November 8, 2013 -- Updated 1200 GMT (2000 HKT)
Could Greece's famous spice help the country's farmers through a four-year long economic crisis.
November 1, 2013 -- Updated 1307 GMT (2107 HKT)
One of the masterminds behind the euro says Europe would have suffered a far worse fate if the single currency had never been created.
October 31, 2013 -- Updated 1741 GMT (0141 HKT)
Nina Dos Santos visits the Dutch city where the European treaty carrying the city's name came into force 20 years ago.
October 25, 2013 -- Updated 1510 GMT (2310 HKT)
As Spain continues its drive to slash budgets and cut spending, one of the nation's favorite pastimes is under threat as ministers look for ways to boost productivity.
October 24, 2013 -- Updated 1617 GMT (0017 HKT)
The high commissioner of Brand Spain talks about getting the country back on its fee and attracting business.