Client Press Releases
Hill International Expands In Central Europe
19 January 2009
As part of a global expansion strategy, US risk management consultancy Hill International (NYSE:HIL) is expanding its presence in Central Europe by opening a new office in Dusseldorf.
The new office will offer project management and claims consultancy services to construction and energy-related businesses across western Germany and Central Europe.
It will be headed by Thomas Hofbauer, Vice President at Hill's Munich office, who brings to the new branch extensive claims experience on projects worth up to $11.5 billion, and contract management experience on tunnels, bridges, roads, railways, commercial and residential buildings, power plants and sewerage systems.
Hill's aggressive European expansion strategy has seen the company establish five new offices in the UK and Germany over the last 12 months. It has also acquired four European companies including UK-based companies Knowles and Shreeves, project management consultancy Euromost in Poland, and a controlling interest in Gerens in Spain.
Mr Hofbauer explained: "Hill International is driving a clear path of expansion across Europe's main centres of development and we see the new office in Dusseldorf as being pivotal to building up Hill's presence in Western Germany, Benelux and France."
Notes to Editors
Hill International has 2,100 employees in 80 offices worldwide providing program management, project management, construction management and construction claims services. Engineering News-Record magazine recently ranked Hill as the 11th largest construction management firm in the United States. For more information on Hill, please visit our website at www.hillintl.com.
This press release includes certain statements that fall within the definition of "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. Any such statements are subject to risks and uncertainties, overall economic and market conditions, competitors' and clients' actions, and other conditions, which could cause actual results to differ materially from those anticipated, including those risks identified in Hill's filings with the Securities and Exchange Commission. Accordingly, such statements should be considered in light of these risks. Any prediction by Hill is only a statement of management's belief at the time the prediction is made. There can be no assurance that any prediction once made will continue thereafter to reflect management's belief, and Hill does not undertake to update publicly its predictions, whether as a result of new information, future events or otherwise. All currency conversions shown above were made using the exchange rate in effect as of the date of this press release.