FCC has signed a syndicated loan with Banco Santander, La Caixa, Caja Madrid, Banco Popular, BBVA, ICO, Banca March and Société Générale for the amount of 400 million euro, with the option of expanding to 600 million. The expansion will be underwritten by a group of savings banks coordinated by Ahorro Corporación.

The 3...

Revenues declined by 7.5% International revenues accounted for 40% of the total The backlog increased by 6.3% EBITDA declined by 17% Financial expenses fell 1% FCC obtained 2,787.8 million euro in revenues in the first quarter of 2009, 7.5% less than in the same period of 2008.

This was due primarily to shrinking deman...

Germany's railway company, Deutsche Bahn AG, has awarded a contract worth almost 122 million euro for the construction of two railway tunnels to Alpine, FCC's Austrian subsidiary.

Baumleite Tunnel

It will take approximately 3 years to build the 1,317 meter Baumleite Tunnel south of Erfurt between the communities of Theue...