Jump to content

Abertis

From Wikipedia, the free encyclopedia

This is an old revision of this page, as edited by 76.66.196.218 (talk) at 09:37, 28 April 2009 (Airports management). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Abertis Infraestructuras, SA
Company typePublic (BMADABE)
IndustryTransportation, logistics, telecommunications
FoundedApril 2003
HeadquartersBarcelona, Spain
Key people
Isidro Fainé (Chairman of the board), Salvador Alemany (CEO)
ProductsMotorway toll road concessions, airport management, television networks
Revenue€3.679 billion (2008)[1]
Increase €1.448 billion (2008)[1]
Increase €618 million (2008)[1]
Number of employees
11,890 (2008)[1]
Websitewww.abertis.com

Abertis Infraestructuras, SA, (BMADABE) is a Spanish corporation. The company runs 6,713 kilometres of motorways in Europe and operates more than a dozen airports in cities including London, Stockholm and Orlando.

Abertis manages toll roads and parking garages, is owner of various television and radio transmission networks as well as of the concessionaire of London Luton Airport.

Abertis is part of the IBEX-35 index and is being traded on the Bolsa de Madrid.

Its headquarters are in Barcelona, Catalonia, Spain.

Some 25% of the shares are owned by Grupo ACS.[2]

History

In April 2003 Acesa Infraestructures, a business founded in 1967 as Autopistas Conceionaria Española S.A., merged with Aurea Concessiones de Infraestructures, a business founded in 1971 as Autopistas de Mare Nostrum (into which Dragados had spun off its own toll roads), to form Abertis.[3]

In December 2003 Abertis acquired Retevision, a leading Spanish radio and television distribution business.[4]

In June 2004 Abertis acquired Iberpistas, another Spanish toll road operator.[5]

In January 2005 Abertis acquired TBI plc, a British airport operator.[6]

An attempt initiated in April 2006 to acquire Atlantia (formerly Autostrade), the leading Italian toll road operator, was aborted in January 2008 after opposition from the Italian Government.[7] Abertis intends to sell some of its stake in the company.[7]

On May 19, 2008, Abertis, along with Citi Infrastructure Investors of New York City, submitted a $12.8 billion proposal to lease the Pennsylvania Turnpike in the U.S. state of Pennsylvania for 75 years. This proposal still faces approval from the state legislature [8].

Structure

Freeway management companies

  • Abertis Infraestructuras
    • Acesa
    • Aumar
    • Iberpistas
    • Aucat
    • Aulesa
    • Avasa
    • Autema
    • Brisa
    • Sanef
    • Autopista de Oeste
    • Bakwena Platinum Corridor
    • Autopistas del Sol

Telecommunications companies

Airports management

Parkings management

Logistics

  • Abertis Logística
    • ZAL Barcelona
    • ZAL Sevilla
    • Arasur
    • Parc Logístic de la Zona Franca

Others

  • Fundación Abertis
  • Serviabertis
  • Cátedra Abertis

References

  1. ^ a b c d "Annual Report 2008" (PDF). Abertis. Retrieved 2009-04-27.
  2. ^ Shareholder information
  3. ^ Historical background
  4. ^ Administrator's Notice regarding Retevision
  5. ^ Abertis and Iberpista get merger process underway
  6. ^ TBI agrees Spanish takeover
  7. ^ a b Barrett, Jane (29 January, 2008). "Abertis throws in towel on merger with Atlantia". Reuters. Retrieved 2008-02-05. {{cite news}}: Check date values in: |date= (help); Unknown parameter |coauthors= ignored (|author= suggested) (help)
  8. ^ Nussbaum, Paul (May 20, 2008). "Top bid to lease turnpike is record". The Philadelphia Inquirer. Retrieved 2008-05-21. {{cite news}}: Check date values in: |date= (help)
  9. ^ Toronto Star, "Workers 'followed procedures' in allowing hijacker on plane", Andrew Chung, 22 April 2009 (accessed 25 April 2009)