Sacyr Vallehermoso
 |
|
| Type | Sociedad Anónima |
|---|---|
| Traded as | BMAD: SYV |
| Industry | Construction, Civil engineering |
| Founded | 1986 |
| Headquarters | Madrid, Spain |
| Key people | Luis del Rivero (Chairman), Manuel Cecilia (CEO) |
| Revenue | €5.116 billion (2010)[1] |
| Operating income | €393.5 million (2010)[1] |
| Profit | €204.4 million (2010)[1] |
| Total assets | €21.11 billion (end 2010)[1] |
| Total equity | €3.791 billion (end 2010)[1] |
| Employees | 21,380 (end 2010)[1] |
| Website | www.gruposyv.com |
Sacyr Vallehermoso is a leading Spanish construction company based in Madrid. It is publicly-traded and is part of the IBEX 35 market value-weighted stock market index.
Contents |
[edit] History
The company was founded in 1986 as Sociedad Anónima Caminos y Regadíos and was renamed Sacyr in 1991. In 2002 it acquired 24.5% of Vallehermoso, a leading Spanish housing business founded in 1921. In 2003 it merged with Vallehermoso to form Sacyr Vallehermoso.
[edit] Operations
[edit] Structure
The business has the following divisions:
- Sacyr (construction)
- Vallehermoso (housing)
- Itinere (concessions)
- Testa (property rental)
- Valoriza (services)
[edit] Major projects
Major projects involving the business include the Torre Sacyr Vallehermoso completed in 2008.[2].
[edit]
Sacyr Vallehermoso was the largest shareholder in the Spanish oil company Repsol YPF, holding an approximate 20% stake.[3] On December 20, 2011 Repsol YPF bought half of Sacyr Vallehermoso's stake back in order to save the shares from being seized in a foreclosure.[4]
[edit] References
- ^ a b c d e f "Annual Report 2010" (in Spanish). Sacyr Vallehermoso. http://www.gruposyv.com/syv/repositorio/syv/ficheros/121/1303717247046_cuentasanualesconsolidadas.pdf. Retrieved 25 April 2011.
- ^ Construction details
- ^ Ruano, Carlos; Gonzalez, Andres; Aguado, Jesus; Roberts, Martin; Rucinski, Tracy (15 January 2010). "Repsol to keep boss, long-term strategy". Reuters. http://uk.reuters.com/article/idUKLDE60E1OG20100115. Retrieved 18 July 2010.
- ^ Repsol Rescues Top Holder, Buys EUR2.6Bn of Own Shares Wall Street Journal, 20 December 2011
[edit] External links
 |
This Spanish corporation or company article is a stub. You can help Wikipedia by expanding it. |
