Fomento de Construcciones y Contratas

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Fomento de Construcciones y Contratas, S.A.
Type Sociedad Anónima
Traded as BMADFCC
Industry Construction, civil engineering
Founded 1900
Headquarters Barcelona, Spain
Key people Baldomero Falcones (Chairman and CEO)
Revenue €11.152 billion (2012)[1]
Operating income €753 million (2012)[1]
Profit €(1,028) million (2012)[1]
Employees 92,290 (average, 2010)[2]
Subsidiaries FCC Environment
Website www.fcc.es

Fomento de Construcciones y Contratas, S.A. (Spanish pronunciation: [foˈmento ðe konstɾukˈθjones i konˈtɾatas]), or FCC, is a leading Spanish construction company based in Barcelona. It is publicly traded and is part of the IBEX 35. Over 50% of the shares are owned by a company controlled by Esther Koplowitz and others.

History[edit]

The business was founded in Barcelona in 1900 as Fomento de Obras y Construcciones S.A. and became known as FOCSA. In 1992 FOCSA merged with Construcciones y Contratas, a company founded in Madrid in 1944 to form Fomento de Construcciones y Contratas, S.A.

In September 2006 FCC acquired the British Waste Recycling Group, excluding its landfill gas operations, from Terra Firma Capital Partners for £1.4 billion.[3][4]

In August 2013, it sold its subsidiary Alpine Energie, a company that builds and maintains power plants, to Triton Partners, a Private equity company, for just under €100 million ($133 million).[5]

Structure[edit]

The business is divided into the following divisions:

  • Construction
  • Environmental services
  • Urban related services (Versia)
  • Cement
  • Real estate (Realia)
  • Energy

Major projects[edit]

The Prince Philip Museum of Science
The New Europe Bridge

Major projects include:

References[edit]

External links[edit]