Last €15.64 EUR
Change Today -0.63 / -3.87%
Volume 755.7K
FCC On Other Exchanges
As of 6:19 AM 07/31/14 All times are local (Market data is delayed by at least 15 minutes).

fomento de construc y contra (FCC) Snapshot

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52 Week High
01/20/14 - €21.92
52 Week Low
07/31/13 - €10.01
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Average Volume 10 Days
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fomento de construc y contra (FCC) Details

Fomento de Construcciones y Contratas, S.A., together with its subsidiaries, is primarily engaged in the environmental services water, and infrastructure businesses in Spain and internationally. The company offers environmental services, such as collection and treatment of solid waste, and cleaning of public streets and sewer systems. It also provides integral water management services, including collection, treatment, and distribution of water for human consumption; wastewater collection, filtering, and treatment; and design, construction, operation, and maintenance of water infrastructure for municipal, industrial, agricultural, and other services. In addition, the company is engaged in the infrastructure construction projects, building construction, and related activities comprising motorways, freeways and other roads, tunnels, bridges, hydraulic construction works, ports, airports, residential property developments, housing units, non-residential building construction, lighting, industrial air conditioning and heating systems, and environmental restoration, etc. Further, it is involved in the operation of quarries and mineral deposits; manufacture of cement, lime, plaster, and related pre-manufactured products; and production of concrete. The company was founded in 1900 and is based in Madrid, Spain.

79,568 Employees
Last Reported Date: 04/2/14
Founded in 1900

fomento de construc y contra (FCC) Top Compensated Officers

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Executives, Board Directors

fomento de construc y contra (FCC) Key Developments

FCC Gets EUR 4.6 Million Contract to Redesign Coruna Port Area

FCC said it had won a EUR 4.6 million contract to rebuild and redesign the marina area of A Coruna port. The project foresees the remodeling of a plot of 30,000 sq m (322,000 sq ft) between the headquarters of A Crouna Port Authority and Puerta Real. FCC will build a walkway, a public square with trees, children's playground facilities, and will also install street furniture.

Stephan Riel Files Lawsuit Against Fomento de Construcciones y Contratas

The bankruptcy trustee of insolvent construction concern Alpine, Stephan Riel, has filed a EUR 75 million (USD 101 million) lawsuit against Fomento de Construcciones y Contratas at the commercial court in Vienna. The charges concern the sale of a profitable Alpine subsidiary (Alpine Energie) shortly before the billion-euro bankruptcy to a special purpose vehicle controlled by FCC. The action for rescission may substantially improve the outlook of creditors on payment. At the moment the bankruptcy assets are estimated at merely EUR 120 million, whereas claims amount to EUR 3.4 billion.

Odebrecht-Solví Eyes EGF

Odebrecht Ambiental S.A. and Solví Participações S.A. have advanced to the second phase of the bid process to acquire Empresa Geral do Fomento SA. Portugal's government approved the privatization of EGF, a subsidiary of AdP -Aguas de Portugal,SGPS, S.A. in January 2014. Seven bids are being considered by Portugal's environmental ministry. EGF is reportedly valued as high as €250 million, according to Brazilian newspaper Valor Econômico. Among the bidders, are Portuguese and Chinese groups, as well as Fomento de Construcciones y Contratas, S.A. (CATS:FCC).


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