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Ferrovial | 60 years of Intelligent Infrastructure (full version)
Ferrovial | 60 years of Intelligent Infrastructure (full version)
Published: 2013/07/31
Channel: Ferrovial
Ferrovial | 60 años de infraestructuras inteligentes (completo)
Ferrovial | 60 años de infraestructuras inteligentes (completo)
Published: 2013/04/12
Channel: Ferrovial
Ferrovial Agroman | Warrell Creek to Nambucca Heads Pacific Highway Upgrade
Ferrovial Agroman | Warrell Creek to Nambucca Heads Pacific Highway Upgrade
Published: 2018/02/14
Channel: Ferrovial
2 CAMIONES VOLVO 520 DE FERROVIAL EN ALTO HOSPICIO
2 CAMIONES VOLVO 520 DE FERROVIAL EN ALTO HOSPICIO
Published: 2013/11/07
Channel: ATE232A
Ferrovial | May 2018 News / Noticias Mayo 2018
Ferrovial | May 2018 News / Noticias Mayo 2018
Published: 2018/06/07
Channel: Ferrovial
Ferrovial | Viaducto de Erques / Erques viaduct
Ferrovial | Viaducto de Erques / Erques viaduct
Published: 2016/03/10
Channel: Ferrovial
Ferrovial | June 2018 News / Noticias Junio 2018
Ferrovial | June 2018 News / Noticias Junio 2018
Published: 2018/07/05
Channel: Ferrovial
Ferrovial | Acción Social 2018
Ferrovial | Acción Social 2018
Published: 2018/05/22
Channel: Ferrovial
ThamesTideway - ferrovial
ThamesTideway - ferrovial
Published: 2016/11/13
Channel: Eduardo Galindo Garcia
HD Ferrovial Mercedes Benz Carga Ancha
HD Ferrovial Mercedes Benz Carga Ancha
Published: 2017/12/15
Channel: KARINAZOLA HELLISEN
Ferrovial Services
Ferrovial Services
Published: 2016/01/12
Channel: Ferrovial
Ferrovial | 60 años de infraestructuras inteligentes
Ferrovial | 60 años de infraestructuras inteligentes
Published: 2013/04/10
Channel: Ferrovial
¿Por qué elegir Ferrovial Servicios?
¿Por qué elegir Ferrovial Servicios?
Published: 2018/05/25
Channel: Ferrovial
Ferrovial Agroman | Constructores del futuro / Builders of the future
Ferrovial Agroman | Constructores del futuro / Builders of the future
Published: 2018/06/18
Channel: Ferrovial
Video de Ferrovial sobre una obra de construcción de la vía del AVE
Video de Ferrovial sobre una obra de construcción de la vía del AVE
Published: 2015/02/26
Channel: MSTUDIO - Miguel Merino
Ferrovial | January – March 2018 Financial Results
Ferrovial | January – March 2018 Financial Results
Published: 2018/05/10
Channel: Ferrovial
Ferrovial | Transport infrastructure
Ferrovial | Transport infrastructure
Published: 2017/07/18
Channel: Ferrovial
Ferrovial | Resultados 2017 - Ernesto López Mozo - DG Económico-Financiero
Ferrovial | Resultados 2017 - Ernesto López Mozo - DG Económico-Financiero
Published: 2018/02/28
Channel: Ferrovial
Un día en Ferrovial (el lado oscuro)
Un día en Ferrovial (el lado oscuro)
Published: 2017/06/30
Channel: Amnistía Internacional España
Ferrovial Services | North America
Ferrovial Services | North America
Published: 2018/05/09
Channel: Ferrovial
FERROVIAL HDTV
FERROVIAL HDTV
Published: 2011/08/17
Channel: MEDIA & ART PRODUCCIONES 2018
Ferrovial | 2017 Results - Alejandro de la Joya - CEO Ferrovial Agroman
Ferrovial | 2017 Results - Alejandro de la Joya - CEO Ferrovial Agroman
Published: 2018/03/01
Channel: Ferrovial
Ferrovial, ¡no seas cómplice!
Ferrovial, ¡no seas cómplice!
Published: 2017/04/05
Channel: Amnistía Internacional España
Ferrovial News May 2017
Ferrovial News May 2017
Published: 2017/06/06
Channel: Ferrovial
Ferrovial | 2017 Highlights
Ferrovial | 2017 Highlights
Published: 2017/12/22
Channel: Ferrovial
TODO MI APOYO A LOS TRABAJADORES PUTEADOS POR FERROVIAL
TODO MI APOYO A LOS TRABAJADORES PUTEADOS POR FERROVIAL
Published: 2017/05/02
Channel: Lo ha dicho
Ferrovial | Digital Revolution
Ferrovial | Digital Revolution
Published: 2015/12/11
Channel: Ferrovial
Biblioteca Camionera - Ingeniería y Montaje Ferrovial - 2016
Biblioteca Camionera - Ingeniería y Montaje Ferrovial - 2016
Published: 2016/08/12
Channel: Biblioteca Camionera
Ferrovial | Junta General de Accionistas 2018
Ferrovial | Junta General de Accionistas 2018
Published: 2018/04/05
Channel: Ferrovial
Ferrovial | January 2018 News / Noticias Enero 2018
Ferrovial | January 2018 News / Noticias Enero 2018
Published: 2018/02/01
Channel: Ferrovial
Ferrovial | General Shareholders Meeting 2018
Ferrovial | General Shareholders Meeting 2018
Published: 2018/04/10
Channel: Ferrovial
Ferrovial | El Salado (Español)
Ferrovial | El Salado (Español)
Published: 2018/03/15
Channel: Ferrovial
Ferrovial | Resultados Financieros enero – marzo 2018
Ferrovial | Resultados Financieros enero – marzo 2018
Published: 2018/05/10
Channel: Ferrovial
Análisis Técnico de Ferrovial.
Análisis Técnico de Ferrovial.
Published: 2017/09/05
Channel: Diego Gutiérrez Pérez
FERROVIAL
FERROVIAL
Published: 2013/12/04
Channel: juan raúl Quezada
Ferrovial | 2017 Results - Santiago Olivares - CEO Ferrovial Services
Ferrovial | 2017 Results - Santiago Olivares - CEO Ferrovial Services
Published: 2018/03/01
Channel: Ferrovial
Ferrovial | 2017 Results - Íñigo Meirás - CEO
Ferrovial | 2017 Results - Íñigo Meirás - CEO
Published: 2018/02/28
Channel: Ferrovial
Resultados Ferrovial enero-septiembre 2017
Resultados Ferrovial enero-septiembre 2017
Published: 2017/10/26
Channel: Ferrovial
Ferrovial Agroman | Autovía Mudéjar A-23 tramo de Caldearenas – Lanave, Huesca
Ferrovial Agroman | Autovía Mudéjar A-23 tramo de Caldearenas – Lanave, Huesca
Published: 2017/08/04
Channel: Ferrovial
Ferrovial | Resultados 2017 - Jorge Gil - Consejero Delegado de Ferrovial Aeropuertos
Ferrovial | Resultados 2017 - Jorge Gil - Consejero Delegado de Ferrovial Aeropuertos
Published: 2018/03/01
Channel: Ferrovial
Ferrovial Agroman | Resultados 2016 - Alejandro de la Joya
Ferrovial Agroman | Resultados 2016 - Alejandro de la Joya
Published: 2017/02/28
Channel: Ferrovial
Ferrovial | April 2018 News / Noticias Abril 2018
Ferrovial | April 2018 News / Noticias Abril 2018
Published: 2018/05/04
Channel: Ferrovial
Ferrovial: Values and Vision
Ferrovial: Values and Vision
Published: 2013/11/04
Channel: Ferrovial
Ferrovial | March 2018 News / Noticias Marzo 2018
Ferrovial | March 2018 News / Noticias Marzo 2018
Published: 2018/04/10
Channel: Ferrovial
Rueda de prensa trabajadoras Ferrovial colegios
Rueda de prensa trabajadoras Ferrovial colegios
Published: 2018/03/12
Channel: Cambiemos Murcia
Ferrovial | Adquisición de Agroman
Ferrovial | Adquisición de Agroman
Published: 2013/04/23
Channel: Ferrovial
Descubra os benefícios que a Ferrovial encontrou na solução iGEST!
Descubra os benefícios que a Ferrovial encontrou na solução iGEST!
Published: 2017/01/17
Channel: iGEST Software de Gestão
Ferrovial Servicios | Drones para sobrevolar infraestructuras / Drones overflying our infrastructure
Ferrovial Servicios | Drones para sobrevolar infraestructuras / Drones overflying our infrastructure
Published: 2018/04/16
Channel: Ferrovial
Nueva Mercedes Sprinter: Salud Madrid-Ferrovial (convencional)
Nueva Mercedes Sprinter: Salud Madrid-Ferrovial (convencional)
Published: 2016/09/02
Channel: juan emergencias -Emergency vehicles of Spain-
Rafael del Pino: Ferrovial cuenta con el mejor equipo humano
Rafael del Pino: Ferrovial cuenta con el mejor equipo humano
Published: 2010/01/12
Channel: Ferrovial
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WIKIPEDIA ARTICLE

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Ferrovial, S.A.
Sociedad Anónima
Traded as BMADFER
Industry Conglomerate
Founded 1952
Founder Rafael del Pino y Moreno
Headquarters Madrid, Spain
Area served
Spain, Portugal, United Kingdom, Ireland, Italy, Poland, Switzerland, Greece, USA, Canada, Chile
Key people
Rafael del Pino Calvo-Sotelo (Chairman), Iñigo Meirás Amusco (CEO)
Services Residential, commercial property and infrastructure construction; toll road operation; airport and infrastructure management; waste management; facility management
Revenue €12,208 million (2017)[1]
€638 million (2017)[1]
€454 million (2017)[1]
Total assets €8,063 million (2017)[2]
Total equity €6,234 million (2017)[2]
Number of employees
74,032 (2015)[3]
Subsidiaries Amey plc
AGS Airports (50%)
Heathrow Airport Holdings (25%)
Website www.ferrovial.com
Ferrovial head office, in Chamartín, Madrid

Ferrovial, S.A. (Spanish pronunciation: [feroˈβjal]), previously Grupo Ferrovial, is a Spanish multinational company involved in the design, construction, financing, operation (DBFO) and maintenance of transport, urban and services infrastructure. It is a publicly traded company and is part of the IBEX 35 capitalization-weighted stock market index. The company is headquartered in Madrid.[4]

History[edit]

The company was founded by Rafael del Pino y Moreno in 1952 as a railroad construction company called Ferrovial, from the Spanish word for "railroad". Ferrovial acquired 98.27% of Agromán,[5] another leading Spanish contractor in June 1995 and then set up Cintra in February 1998: presided over by Rafael del Pino Calvo-Sotelo, Cintra originally comprised three business lines: Car Parks, Toll Roads and Airports (the latter would eventually be separated from the other two business lines).[6]

In the early years of the new millennium the company expanded acquiring 58.5% of the Polish construction company Budimex Dromex S.A. in April 2000[7] and Bristol Airport in Southwest England in December 2000. Joaquín Ayuso was appointed CEO of the Ferrovial group in January 2002; Santiago Bergareche remained on the Board and was appointed Vice Chairman. In June 2002, Ferrovial acquired the concession for Sydney airport, the largest airport in Australia.[8]

The company then expanded in the United Kingdom acquiring Amey plc, 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 in April 2003[9] and Belfast City Airport in May 2003.[10]

Acquisitions continued: the Texan group Webber, specializing in civil engineering infrastructure, recycling of aggregates and extraction and supply of sand in Texas[11] and Swissport International were both bought in August 2005.[12]

In 2006, a Ferrovial-led consortium purchased the British company BAA Limited, for £10bn[13] and BAA sold its stake in Bristol airport to Macquarie Airports.[14] Then in 2007, Ferrovial finalised the sale of its stake in Sydney Airport and MAp exercised its call option on Ferrovial Airports' 20.9% stake in Sydney Airport for the agreed price of A$1.009 bn.[15] Also in 2007 Ferrovial sold Budapest Airport to a consortium led by Hochtief AirPort GmbH for £1.3bn [16] and announced changes in its corporate structure. Iñigo Meirás, former Head of the Services Division, was appointed CEO of the new Airports Division. Santiago Olivares, who was head of the international area of the Services division and CEO of the handling subsidiary, Swissport, was appointed CEO of Ferrovial Servicios. Enrique Díaz Rato, then CEO of Cintra, was appointed to head the Toll Roads & Car Parks Division.[17] At the end of the year BAA finalised the sale of its stakes in 6 Australian airports to Hastings Fund Management Limited for approx. €495m.[18]

In 2008, BAA sold World Duty Free Europe (WDF) to Autogrill for £546.6m,[19] 33 properties of Airport Property Partnership (APP) to Arora Family Trust, a private group, for £265m[20] and Belfast City Airport Limited to ABN Amro Global Infrastructure Fund / Faros Infrastructure Partners LLC for £132.5m.[21]

In 2009 Ferrovial subsidiary Amey and the UK's Birmingham City Council announced financial close on the £2.7bn Birmingham Highways private finance initiative (PFI) scheme[22] and Cintra completed the sale of its 99.92% stake in subsidiary Cintra Aparcamientos, S.A. to a consortium for €451m, including bank debt.[23] Later in the year Ferrovial appointed Íñigo Meirás as the new CEO, relieving Joaquín Ayuso who was subsequently named Vice-Chairman of the group. On 21 October 2009, BAA reached an agreement to sell London Gatwick airport to an entity controlled by Global Infrastructure Partnership for £1.5bn[24] and Ferrovial's majority-owned subsidiary Cintra was reacquired in full in December 2009.[25] On 17 December 2009, NTE Mobility Partners LLC, a consortium in which Cintra has a majority stake, completed raising $2 bn to finance the North Tarrant Express Managed Lanes project in Texas[26] and on 29 December 2009, Cintra sold 60% of its Chilean subsidiary to ISA for €209m.[27]

Then in 2010 Transport for London completed the deal to purchase PPP contractor Tube Lines from Ferrovial for £310m[28] and Ferrovial subsidiary Amey acquired the national rail consultancy of WYG Engineering Limited (‘WYG’), part of the WYG Group (formerly, White Young Green).[29] Ferrovial also sold its 50% stake in Autopista Trados 45 for €67m[30] and Ferrovial Servicios subsidiary AmeyCespa acquired Dickerson Group, including its U.K. waste management company Donarbon, for £48.6m.[31]

In 2012 BAA sold Edinburgh Airport to Global Infrastructure Partners for £807m.[32] Ferrovial also announced the sale of a 10% stake in the parent company of Heathrow Airport Holdings Ltd to Qatar Holding LLC for £478m. Following this sale Ferrovial now has an indirect interest in Heathrow of 33.65%.[33]

On 19 January 2013, Heathrow Airport Holdings (formerly BAA) announced the sale of Stansted Airport for £1.5bn to Manchester Airport Group[34] and on 21 February 2013, Ferrovial, through Ferrovial Services, reached an agreement with international investor 3i to acquire Enterprise, one of the UK's leading providers of services to utilities and the public sector, for £385m.[35]

In April 2016, Ferrovial bought out Broadspectrum (formerly 'Transfield Services'), becoming the primary contractor to the Australian government for its internationally often condemned offshore Manus Regional Processing Centre in East Lorengau. Subsequently, Ferrovial announced that it did not want to renew its contract. However, thereupon, the Australian enacted a clause allowing a unilateral extension of the contract for five months.[36]

Ferrovial Group companies (whole or partially owned)[edit]

Heathrow Airport, London, which is the largest and busiest in Europe
Sector Country Corporation Assets
Services United Kingdom Amey plc
Airports infrastructure United Kingdom AGS Airports (50%) Aberdeen Airport
Glasgow International Airport
Southampton Airport
United Kingdom Heathrow Airport Holdings (25%) Heathrow Airport
Construction Spain Ferrovial Agromán
Poland Budimex
United States Webber L.L.C.
Water treatment Spain Cadagua
Urban & industrial waste Spain Cespa It was formerly owned by Aguas de Barcelona/Suez. In 2006 it had sales of €823.6m., with 14,508 employees. It operates in Spain and Portugal.
Toll road management Spain Cintra Europistas
Ausol
Autema
Autopista M-45
Autopista R-4
Autopista Madrid-Levante
Autopista M-203
Eurolink M4
407 ETR
Euroscut Algarve
Euroscut Norte Litoral
Chicago Skyway
Indiana East-West Toll Road
SH-130 (segments 5&6)
Ionian Roads and Central Greece Motorway, Greece
Infrastructure maintenance Spain Ferroser
Australia Broadspectrum

Investments[edit]

  • Ferrovial owns 50% stake in AGS Airports Ltd.
  • Ferrovial owns 100%[37] of Cintra, a leading international toll road and car park operator.
  • Ferrovial as at 21 December 2014 owns a 25% indirect stake in Heathrow Airport Holdings Ltd (formerly BAA Ltd) [33]
  • Ferrovial owns 100%[38] of Amey plc, the UK services company; 100% of Cespa, the Spanish environmental services, waste treatment and management company; 100% of W.W. Webber, the Texan construction company
  • Ferrovial owns 59.06% of Budimex, the Polish constructor.

Major projects[edit]

Guggenheim museum, Bilbao.

Ownership[edit]

According to the CNMV (Comisión Nacional del Mercado de Valores), the Spanish Securities Market Commission in charge of supervising and inspecting the Spanish Stock Markets, 44.268% of the shareholding is currently held by Portman Baela, S.L. on behalf of the Del Pino family, and 3.868% is held by Banco Santander, S.A.[43]

References[edit]

  1. ^ a b c "Business Performance 2017". Ferrovial. Retrieved 17 March 2018. 
  2. ^ a b "Business Performance 2017". Ferrovial. Retrieved 17 March 2018. 
  3. ^ "Integrated Annual Report 2015" (PDF). Ferrovial. Retrieved 26 October 2016. 
  4. ^ "Contacts." Ferrovial. Retrieved on 3 February 2011. "Príncipe de Vergara 135, Madrid 28002"
  5. ^ Ferrovial Business Lines: 1990s
  6. ^ Official Cintra Website - History
  7. ^ Investment Profile Poland: Page 21 Archived 2007-10-16 at the Wayback Machine.
  8. ^ Ferrovial - History
  9. ^ Spanish firm set to buy Amey
  10. ^ Spanish firm secures Northern Ireland Airport
  11. ^ Webber Acquisition
  12. ^ Ferrovial Agrees to Buy Swissport
  13. ^ BAA agrees to Ferrovial takeover
  14. ^ Ferrovial Sells Bristol Airport Stake to Macquarie
  15. ^ Ferrovial sells Sidney airport
  16. ^ "Newsfeed". Ferrovial. Retrieved 2017-11-12. 
  17. ^ Ferrovial Management Changes
  18. ^ BAA completes sale of Australian assets
  19. ^ BAA sells World Duty Free shops
  20. ^ Ferrovial's BAA agrees to partial sale of APP assets for 265 mln stg
  21. ^ Ferrovial sells Belfast
  22. ^ Amey reaches financial close on £2.7bn Birmingham Highways PFI
  23. ^ Cintra Sells Car Parks Division
  24. ^ BAA sells Gatwick airport for 1.657 billion euro
  25. ^ "Notice of the Technical Advisory Committee of the IBEX Indices concerning the merger between Grupo Ferrovial, S.A. and Cintra Concesiones de Infraestructuras de Transporte, S.A." (PDF). Sociedad de Bolsas. 26 October 2009. Archived from the original (PDF) on 2011-07-16. Retrieved 2010-01-04. 
  26. ^ Cintra finishes raising 2 billion dollars to finance the North Tarrant Express in Texas
  27. ^ Cintra sells 60% of its Chilean subsidiary to ISA for 209 million euros
  28. ^ TfL completes Tube Lines buy out
  29. ^ Amey buys WYG rail division
  30. ^ Ferrovial sells its 50% stake in Autopista Trados 45 for 67 million euro
  31. ^ Spanish firm acquires U.K. waste management firm
  32. ^ Edinburgh Airport sold to Global Infrastructure Partners for £807m BBC, 23 April 2012
  33. ^ a b Ferrovial completes sale of 10.62% of Heathrow Airport Holdings to Qatar Holding
  34. ^ BBC News - Stansted Airport being sold to Manchester for £1.5bn
  35. ^ Ferrovial buys Enterprise from 3i for £385m The Telegraph, 21 February 2013
  36. ^ Davidson, Helen (29 October 2017). "Manus Island: dark chapter of Australian immigration poised to close". The Guardian. Retrieved 30 October 2017. 
  37. ^ CNMV
  38. ^ Amey
  39. ^ Ferrovial history: 1990s
  40. ^ Ferrovial history: 2000 - 2004
  41. ^ 'Celtic Tiger threatens 'very soul of historic Ireland'
  42. ^ Ferrovial Agroman to build Heathrow Airport's new Terminal 2
  43. ^ Significant shareholdings and treasury stock of the entity consulted May 9, 2011.

External links[edit]

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