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29/02/2000

FCC Group: Earnings before tax in 1999 were in excess of 64 billion pesetas

The net consolidated turnover of the Construcciones y Contratas, S.A. (FCC) Group in 1999 amounted to 637.024 million pesetas, a 15.9% increase with respect to the previous year.

The degree of production diversification has been increased, as activities in industries other than construction account for 52.3% of the cons...

15/02/2000

FCC Construccion, S.A.. ends its alliance with Geril over the portuguese construction group Engil

FCC Construcción and Geril have decided to end the agreement they had signed in connection with Engil and, taking advantage of the current takeover bid, to sell the shares they both hold in the company.

As has been announced on previous occasions, FCC Construcción S.A.'s international strategy is based on acquiring shar...

03/01/2000

The Portuguese Stock Exchange Commission (CMVM) states that it has no authority to decide upon the purchase of shares in Engil by FCC Construcción, S.A.

The CMVM has stated that it has no authority to issue a judgement upon the purchase of shares in the Portuguese construction company Engil by FCC Construcción, S.A. As a result, the initiatives aimed at ensuring this body's approval of the shares held by the Spanish company have failed.

Last summer, FCC Construcción, S....