Fomento de Construcciones y Contratas

Fomento de Construcciones y Contratas, S.A.

Type	Sociedad Anónima
Traded as	BMAD: FCC
Industry	Construction, civil engineering
Founded	1900
Headquarters	Barcelona, Spain
Key people	Baldomero Falcones (Chairman and CEO)
Revenue	€12.11 billion (2010)[1]
Operating income	€773.7 million (2010)[1]
Profit	€301.3 million (2010)[1]
Total assets	€21.98 billion (end 2010)[1]
Total equity	€3.206 billion (end 2010)[1]
Employees	92,290 (average, 2010)[1]
Website	www.fcc.es

Fomento de Construcciones y Contratas 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

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.

Structure

The business has the following divisions:

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

Major projects

Major projects involving the company include the Torre Picasso completed in 1988,^[2] Puerta de Europa completed in 1996,^[3] the El Museu de les Ciències Príncipe Felipe completed in 2000,^[4] the Torre Caja Madrid completed in 2008^[5] and the Pasajul Basarab completed in 2011.^[6]

References

1. ^ ^{a b c d e f} "Annual Report 2010". FCC. http://www.fcc.es/fcc/corp/informe/20110411_2010_CCAA_i.pdf. Retrieved 22 April 2011. 
2. ^ Torre Picasso at Emporis
3. ^ FCC history
4. ^ El Museu de les Ciències Príncipe Felipe on Structurae database
5. ^ Torre Caja Madrid on Structurae database
6. ^ FCC and Astaldi executed the work on the Basarab Overpass in Bucharest Grupo IKC, 13 June 2006

External links

• Official website

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