Sacyr Vallehermoso

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Sacyr Vallehermoso
Type Public
Founded 1986
Headquarters Madrid, Spain
Key people Luis del Rivero, Chairman
Manuel Cecilia, CEO
Industry Construction, Civil engineering
Revenue 5,760 million (2007)
Operating income 919 million (2007)
Net income 946 million (2007)
Website www.gruposyv.com

Sacyr Vallehermoso (BMADSYV) 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.

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[edit] History

The company was founded in 1986 as Sociedad Anonima Caminos y Regadio 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] 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 due for completion in 2008.[1].

[edit] See also

[edit] References

[edit] External links