FCC Medio Ambiente reinforces its presence in the East of Spain with the contract for solid urban waste collection and street cleansing in Elche

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15/11/2005

Grupo FCC: Net Profits up by 14.7%

Strong increase in sales margins Cash flow rose by 35% Construction portfolio valued at 19,023,000,000 euros, an increase of 17.6% The revenues of Grupo Fomento de Construcciones y Contratas, S.A. (FCC) during the first nine months of 2005 totalled 5,117,400,000 euros, which represents an increase of 9.4% in comparison...

11/11/2005

FCC Construcción makes the most of its Infrastructure Concessions

FCC Construcción, S.A. has initiated the process of concentrating its interests in infrastructure concessions to make the most of them.

To date this has involved three operations:

It has acquired from the Abertis Group and the ACS Group their interests in the Autopista Central Gallega concession, which accounted for 31%....

31/10/2005

FCC and OHL will build and operate another new desalination plant in Algeria

The Algerian state company, Algerian Energy Company (AEC), has awarded the consortium composed of FCC (50%) and INIMA a 25-year contract to design, build and manage a new seawater desalination plant in Algeria. The expected revenues from this contract amount to 585 million euros.

The project will require an investment o...

17/10/2005

FCC extends its water management contract in Algeciras for 25 years

The Algeciras (Cádiz) City Council and Aqualia have reached an agreement to extend the water management contract for 25 years. For FCC, the contract extension will increase its business portfolio by 450 million euros.

Aqualia will pay the City Council a fee of 7.9 million euros and will invest 2.4 million in constructio...

13/10/2005

FCC takes control of Entemanser and becomes the leading operator in the water market on the Canary Islands

The FCC Group, through its subsidiary Aqualia, has taken control of the Tenerife-based company Entemanser S.A. to become the archipelago's leading private operator in the water sector. A total of 75 million euros will be invested.

This operation comes on the heels of another acquisition, at the beginning of the year, of...