Annual rank17
Germany · Industrials
Friedrich Vorwerk Group
Friedrich Vorwerk identifies its core markets as natural gas, electricity and hydrogen.
FY2022–FY2025
FY2022–FY2025
FY2022–FY2025
current context only
Company profile
The machinery and engineering beneath energy networks
Friedrich Vorwerk is an energy-infrastructure contractor rather than a network or energy owner. Its group companies plan and build buried pipelines, underground power connections, stations and electrolysis plants, then provide inspection, maintenance and operating services for customers. The combination is unusually physical: automated welders, drilling rigs, cable logistics, pressure-control equipment and sensor-equipped inspection devices sit within the same specialist group, whose roots go back to a 1962 contracting business.
Pipeline engineering
From 28,000 welds to a 470-metre pipe pull
Pipeline work combines heavy construction with software and inspection. In Kazakhstan, subsidiary 5C-Tech's PX-II technology is due to produce more than 28,000 welds on 42-inch pipe in about eight months; its dual-torch equipment adjusts welding parameters in real time. At the EWA project in Oldenburg, a consortium including Vorwerk companies pulled a 470-metre DN1200 pipe—a nominal 1.2-metre diameter—into place between 7 a.m. and 3 p.m., using a 100-tonne drilling rig and 98 tonnes of pull. A separate EWA study is testing cameras, profile scanners and AI on an inspection device travelling inside the pipe.
- See the PX-II welding assignment More than 28,000 42-inch welds planned in Kazakhstan
- ▶ VideoWatch PX-II at work Official English-labelled film from group subsidiary 5C-Tech
- Follow the eight-hour pipe pull A 470-metre DN1200 section, 17 riggers and 98 tonnes of pull
- ▶ VideoWatch the EWA project film First-party 5C-Tech film from a named construction setting
- Look inside the pipe A camera-equipped inspection device and AI-assisted analysis
Underground electricity
Forty per cent of a 43-kilometre SuedLink lot
Electricity work is largely hidden below ground. The group installs cable systems up to 525 kV, including horizontal directional drilling and offshore-wind landfalls. For one 43-kilometre SuedLink civil-engineering lot, Vorwerk and Bohlen & Doyen participate in a consortium with Matthäi and Wilhelm Wähler; the group's disclosed share is 40%. A separate equal joint venture between Bohlen & Doyen and ea.R won cable-laying and logistics work. BalWin3 and LanWin4 add two approximately 45-kilometre onshore routes from the Lower Saxony coast to a future converter station. Transmission-system operators plan these systems; Vorwerk supplies defined construction scopes.
- Explore underground power work Cable systems up to 525 kV, directional drilling and landfalls
- Read the 43-kilometre award The SuedLink lot, consortium members and 40% group share
- Separate cable laying from civil works The earlier SuedLink logistics assignment and equal joint venture
- Trace two offshore-grid land routes BalWin3 and LanWin4 from landfall to converter station
Integrated delivery
A 1962 contractor now covers projects from permits to service
The group reports more than 2,400 employees at 14 locations in Germany and Europe. Its planning chain runs from feasibility studies, route surveys, land rights and approvals through procurement, construction, commissioning and maintenance; specialised teams also handle hot tapping—connecting to a pressurised pipeline without shutting it down—live-pipeline repairs and 24/7 fault response. That breadth does not make Vorwerk the owner of the infrastructure: it delivers or manages defined customer assets. The group traces its origins to Kleesch & Vorwerk, a contract-dredging business founded in Tostedt in 1962—and introduces the story with an unexpected Porsche.
- See the Porsche origin story From a 1962 contracting business to today's specialist group
- Start before construction Feasibility, routing, rights of way, approvals and detailed design
- Follow the turnkey sequence Planning, procurement, construction, commissioning and maintenance
- See what happens after handover Inspection, live-pipeline work, repairs and round-the-clock response
Hydrogen in practice
A construction site, a pressure station and a planned electrolyser
In Buchholz, a Gasunie pipeline-site pilot combined a green-hydrogen generator, battery storage, photovoltaic containers, an electric excavator and wheel loader, and an electrified welding crawler; the trial exposed two pipelines while keeping local gas supply running. At Nesselgrund, Vorwerk says it realised Germany's first climate-neutral gas-pressure control and metering station for ONTRAS. In Emden, Statkraft plans to build and operate a 10 MW proton-exchange-membrane electrolyser designed to produce about 200 kg of green hydrogen an hour. Vorwerk has the construction contract, but main works remain authorization-dependent and commissioning is scheduled for 2027.
- Tour the low-emission site Hydrogen, batteries, solar containers and electric machinery
- Open the Nesselgrund example The ONTRAS pressure-control station and issuer-attributed first
- Read the Statkraft project boundary 10 MW, about 200 kg per hour, authorisations and 2027 schedule
- See the plant-engineering range Pressure control, compression, electrolysis, substations and biogas
Official profile sources: About us | Friedrich Vorwerk Group · Energy Transformation | Friedrich Vorwerk Group
Current 2026 update
What has changed in 2026?
First half ended 30 June 2026 · 22 July 2026
First half ended 30 June 2026latest official update
4company-specific highlights
−12%2026 stock return · context only
First-half revenue
Revenue reached EUR 337.3 million, 11.3% above the first half of 2025.
First-half EBITDA
EBITDA reached EUR 92.6 million, 69.9% above the first half of 2025.
Order intake and backlog
Direct order intake rose to EUR 321.2 million from EUR 220.4 million; total-project intake and both reported backlog measures were below the prior-year period.
EBITDA outlook raised
The company raised its 2026 EBITDA outlook to EUR 180–200 million from EUR 160–180 million.
Official 2026 sources: FRIEDRICH VORWERK increases EBITDA by 70% to €93 million in the first half of the year and raises its forecast · 22 July 2026
Annual record
Ranking history
Future editions add rows; they do not rewrite the 2026 record.
| Edition | Measurement period | Rank | Revenue growth | Net-income growth | Stock return |
|---|---|---|---|---|---|
| 2026 | FY2022–FY2025 | 17 | +91% | +405% | +279% |