China Railway Group Limited, known as CREC (the acronym of its predecessor and parent company China Railway Engineering Corporation), is a Chinese construction company which is traded on the Shanghai and Hong Kong stock exchanges. The major shareholder of the company is the state-owned China Railway Engineering Corporation (CRECG).
By revenue, CREC is the largest construction company in the world in the 2015 Engineering News-Record "Top 225 Global Contractors".[2] In 2016, CRECG ranks in the 57th place among Fortune Global 500 Enterprises[3] and the 7th place among Top 500 Chinese Enterprises.
Business areas
CREC holds a large share of the Chinese construction market and participates in many large-scale infrastructure projects overseas (especially in countries in Southeast Asia and Africa). In addition to the core business of construction, the company does business in surveying and designing, installation, manufacturing,