Ferrovial

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Grupo Ferrovial, S.A.

Type	Public
Founded	1952
Headquarters	Madrid, Spain
Key people	Rafael del Pino, Joaquín Ayuso, Nicolás Villén
Industry	Construction, transportation & services
Revenue	€ 14,657 million (2007)
Operating income	€ 1,911 million (2007)
Net income	€ 838 million (2007)
Employees	circa 100,000 (2007)
Website	http://www.ferrovial.com

Grupo Ferrovial, S.A. (English: Ferrovial Group, BMAD: FER) is a multinational Spanish company involved in construction, infrastructure, real estate, and related services. It is publicly-traded and is part of the IBEX 35 market value-weighted stock market index.

Ferrovial owns 62.5% of Cintra, a leading international toll road and car park operator. Sixty percent of the company is still owned by the Del Pino family, the founding family.

1 History
2 Major projects
3 References
4 External links

[edit] History

The Company was founded by Rafael del Pino in 1952 as a railroad construction company called Ferrovial (Spanish for "railroad").

In June 1995 Ferrovial acquired 98.27% of Agromán,^[1] another leading Spanish contractor.

In April 2000 Ferrovial bought 58.5% of the Polish construction company Budimex Dromex S.A., which led to Budimex strengthening its position in the Polish market.^[2] Budimex Dromex is now the biggest contractor (roads, buildings and pipe systems) in Poland. Ferrovial has now implemented a programme allowing Polish workers to work in Spain for at least a year to learn European standards.

In April 2003 Ferrovial acquired Amey, a British contractor and major investor in Tube Lines, one of the two public-private partnership companies responsible for the maintenance of London Underground's lines and rolling stock.^[3]

In May 2003 Ferrovial acquired Belfast City Airport.^[4]

In June 2006 a Ferrovial-led consortium purchased the British company BAA Limited, for £10 billion.^[5] BAA owns and operates seven British airports, including London Heathrow Airport, and operates or carries out retail management in several others.

[edit] Major projects

Major construction projects undertaken by Ferrovial include the Bilbao Guggenheim Museum completed in 1997^[6] and Terminal 4 at Madrid Barajas International Airport completed in 2006.^[7]