In a context of a sharp decline in demand in Spain, Cementos Portland Valderrivas (CPV) reduced losses by 98.9%, to 0.6 million euro, compared with losses of 48.6 million euro in the first half of 2012. CPV also swapped assets with Irish company CRH in 1H13, which provided capital gains of 104.8 million euro.
An agreeme...
On 18 July, the Board of Directors of FCC, chaired by Esther Alcocer Koplowitz, accepted the resignations of directors Antonio Pérez Colmenero, Javier Rivas and Nicolás Redondo Terreros, and appointed Olivier Orsini, Gustavo Villapalos Salas and Gonzalo Rodríguez Mourullo, all of them independent directors, by co-optat...
FCC has made further progress towards meeting the objectives in its Strategic Plan. The company has reached an agreement to sell 49% of water company SmVak, in the Czech Republic, to Mitsui for 97 million euro. The transaction includes SmVak's water and infrastructure development activities, conducted through FCC subsi...
FCC has been awarded the contract to design, build, finance, maintain and operate the Mersey Gateway Bridge in Liverpool (UK). Worth approximately 700 million euro, it is FCC's largest-ever contract in the British Isles.
The new structure will be 2.13 kilometres long and carry approximately 80,000 vehicles per day. Brid...
The decision comes as a result of both delays in the divestments planned by Alpine and the steady deterioration in the trading situation since the first quarter of 2012. FCC’s 2012 consolidated accounts included losses in Alpine amounting to 420 million euro.
The contingencies that have materialised in the last two mont...