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...
Vidin (Bulgaria), 14 June 2013. Today FCC has opened traffic on the Vidin-Calafat bridge, which links Bulgaria and Romania and reflects notable progress in connecting the two countries. This bridge, which took six years to build, represents an investment of 275 million euro and was financed in part by the European Unio...
FCC has reached an agreement to sell its 50% stake in Proactiva Medio Ambiente to French multinational Veolia Environnement for 150 million euro. As a result, Veolia will own 100% of Proactiva, an environmental services provider in Latin America. This deal will provide FCC with capital gains of 81 million euro and adva...
In her presentation, Esther Alcocer told the Meeting that she is "honoured" to chair the Board of Directors, a position she undertakes "with enthusiasm, commitment and determination to defend the interests of all shareholders." "We are entering a new era with a young and invigorated team, and we will apply a pragmatic ...
FCC maintains the policy of asset writedowns that commenced at the end of 2012. In the first quarter, adjustments at Alpine, its construction subsidiary in Central and Eastern Europe, and those resulting from changes in the regulations governing renewable energy production, resulted in 140 million euro in negative net ...