Consolidated Contractors Company
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| Private | |
| Industry | Oil and gas; heavy civil engineering; air, water, and effluent systems |
| Founded | 1952 |
| Founders | |
| Headquarters | Athens, Greece |
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Key people
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Wael Khoury (Chairman) |
| Products | Construction, Engineering |
| Revenue | 5.3 Billion USD, 2013 |
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Number of employees
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130,000, Year 2013 |
| Website | http://www.ccc.gr |
Consolidated Contractors Company (CCC) (Arabic: شركة اتحاد المقاولين) is the largest construction company in the Middle East and ranks among the top 25 international contractors with a revenue of 5.3 billion USD in 2013. CCC has offices and projects in over 40 countries, and a workforce of more than 130,000 employees.
In the summer of 1941, after having graduated from American University in Beirut, Hasib Sabbagh, one of the founders of CCC, returned to Palestine to find a job. After a number of disappointing job offers, he decided to start his own business and went to Beirut in spring 1948, where a number of his brothers and sisters had already sought refuge due to the Arab- Israeli war. Hasib set up his own company with his brother-in-law Said Khoury and some other businessmen from Syria and Lebanon, and called it Consolidated Contractors Company. The company's first headquarters was in Homs, Syria, but later moved to Beirut, where Hasib Sabbagh, Said Khoury, and Kamel Abedelrahman became the sole owners of CCC.
In 1950, CCC won a large contract to build pipelines from Kirkuk in Iraq, to Banyas in Syria, and Tripoli in Lebanon. In 1952, CCC was able to obtain another major contract for a Bechtel-Wimpey joint venture, this time in Aden, to build a major refinery and a camp for workers. A year later, CCC won projects in the United Arab Emirates, Bahrain, and Qatar. In 1973, CCC set up the National Petroleum Construction Company in Abu Dhabi to provide offshore services to the oil and gas industries in all the countries of the Gulf. Today NPCC has an annual revenue of over 800 million USD
In 1975, when the civil war broke out in Lebanon, CCC moved its headquarters first to London and then to Athens in 1976. In the same year, Abd al-Rahman decided to sell his shares in CCC to Sabbagh and Khoury. In the 1980s, CCC was restructured and the CCC owners aimed at expanding the company’s operations into Europe, the United States, and Asia. CCC bought Underwater Engineering, a British firm that worked on underwater oil projects, and ACWa, an environmental company. CCC also bought SICON, an Italian mechanical engineering company specializing in petroleum-related projects. They then acquired the Morganti Group, a construction firm in the United States.
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