Privileged Information
Privileged Information

For the purposes set out in Article 226 of the Revised Text of the Securities Market Act, approved by Law 6/2023 of 17 March, on Securities Markets and Investment Services (the “SMA”), Fomento de Construcciones y Contratas, S.A. (“FCC” or the “Company”) hereby notifies the market of the following privileged information:
FCC has today signed an agreement for the sale to CPP Investments of 25% of the share capital of its subsidiary FCC Servicios Medio Ambiente Holding, S.A. (FCC Enviro). CPP Investments is a leading global institutional investor and an existing shareholder in FCC Enviro.
FCC Enviro and its national and international subsidiaries carry out various Environmental Services activities through four main platforms: Atlantic (Spain, Portugal and France), UK, CEE and USA.
The main aspects of this agreement are as follows:
- The price to be paid by CPP Investments for 25% of FCC Enviro amounts to 1.000 million euros.
- The completion of the transaction is subject to the usual precedent conditions (competition, foreign investment… etc
- FCC will retain majority ownership of FCC Enviro with 50.01%, and CPP Investments will increase its holding up to 49.99%.
- The main use of the funds will be to address strategic opportunities and the corporate needs of the FCC group.
FCC Enviro expects to continue with its current strategy, maintaining its operations and commercial relationships (with public administrations, private clients, suppliers, etc.) while further strengthening and developing its activities. This will be supported by the active participation and synergies arising from the contributions of CPP Investments, together with the continued leadership of the company’s management team.
Further information on CPP Investments is available at www.cppinvestments.com
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2025-2026
2025
- FCC Medio Ambiente would be awarded the waste collection and street cleaning contract for the city of Bilbao.
- FCC Construction wins the contract to expand line 5 of the Madrid Metro to the Adolfo Suárez Madrid-Barajas Airport.
- Aqualia begins operating in Peru through a purification project in the province of Chincha.
- FCC Construcción is awarded the contract to build the Nou Mestalla (Valencia).
- FCC Medio Ambiente is awarded the contract for cleaning and collection in Granada.
- Renewal of the first two contracts won in the USA in the past decade.
- FCC Environment UK obtains the first planning permission for a renewable energy project.
- FCC Aqualia renews more than 50% of its debt with 100% green-rated financing.
- FCC Construcción wins the first section of the Burgos-Vitoria high-speed railway line.
Mrs. Esther Alcocer Koplowitz presented with the Eduardo Barrachina Golden Award 2025
Esther Alcocer Koplowitz, presented with the Eduardo Barrachina Golden Award 2025
- The Spanish Chamber of Commerce in the United Kingdom recognises FCC's outstanding contributions to the British market. The award was collected by its chairwoman, Esther Alcocer Koplowitz, at a ceremony held at the Spanish ambassador's residence in London.

The Spanish Chamber of Commerce in the UK officially recognises FCC’s outstanding contributions to the UK market. The accolade was accepted by its President, Mrs. Esther Alcocer Koplowitz, at an Award Ceremony celebrated at the Spanish Ambassador’s Residence in London.
The Spanish Chamber of Commerce in the UK has presented its Eduardo Barrachina Golden Award 2025 to FCC, a world-leading construction company. The award was received by Mrs. Esther Alcocer Koplowitz, President of FCC Group, during a reception held at the Residence of the Spanish Ambassador in London.
FCC, ranked as Spain’s fourth-largest construction firm and among the top 27 worldwide, is renowned for its expertise in transport infrastructure projects as well as residential and non-residential construction.
Operating in the United Kingdom for over 25 years, FCC has established itself as one of the country’s leading construction companies. Its portfolio includes major projects such as the N6 and M50 motorways in Ireland, Grangegorman University in Dublin, the Mersey Bridge in Liverpool and the extension of the North Runway at Dublin Airport. FCC also played a key role in developing infrastructure for the London 2012 Olympic Games, specifically the International Broadcast Centre (IBC).
Formerly known as the Annual Golden Award, the Eduardo Barrachina Golden Award was recently renamed to honour the Chamber’s late President, Mr. Eduardo Barrachina, who was renowned for his commitment to excellence and his pivotal role in fostering Spanish-British business relations. The accolade remains one of the Chamber’s flagship corporate events, recognising the outstanding achievements of a Spanish company operating in the UK market, with previous winners including Indra (2024), RIU Hotels (2023) and Navantia (2022).
H.E. the Ambassador of Spain to the United Kingdom, Mr. José Pascual Marco, hosted the event at his residence in London and gave the institutional welcome, before congratulating FCC on its achievement. Guests were then welcomed on behalf of the Spanish Chamber by Mr. Juan Carlos Machuca, who was elected President of the institution in July 2025, following the passing of Mr. Eduardo Barrachina. Mr. Machuca emphasised the importance of the award and FCC’s commitment to the UK market, stating:
“This event is one of the Chamber’s most emblematic annual occasions, where we recognise the excellence, resilience and innovation of a Spanish company operating in the UK market. It is a tribute not only to business success, but to the enduring partnership between Spain and the United Kingdom – a relationship the Chamber has been promoting for nearly 140 years.”
He added: “Our member companies continue to lead, grow and inspire, and the Chamber is proud to stand alongside them. FCC is a perfect example of this spirit – delivering complex infrastructure, pioneering environmental solutions and creating real social value in the UK,” he continued, “These are values worth recognising. FCC is not only a business success story – it is a vital contributor to the sustainability and wellbeing of this country.”
Mr. Machuca then invited Mrs. Esther Alcocer Koplowitz to collect the award. A distinguished leader in the international business community, Mrs. Alcocer Koplowitz’s attendance highlighted the prestige of the award and FCC Group’s significant role in the UK market. Upon receiving it, Mrs. Alcocer Koplowitz stated:“Since the year 1900, we have participated in the development of some of the most important infrastructure projects on the planet, with the aim of improving the quality of life of the local communities in which we operate. Our leadership is measured not only by the number and scale of the projects we carry out, but also by the impact we generate on society, the environment, and the economy”.
“The essence of the company has always been its employees. Passion, tenacity, and resilience are the values that best define us. These are the values I learned from my mother, Esther Koplowitz, who sustained this company through challenging times. Our teams are, without a doubt, FCC's greatest asset and the reason for our achievements. With our determination to do things well and the strength we possess as a group, based on the leadership that Carlos Slim provides, we will continue to move forward together, generating value for everyone, and especially for the people in the UK”.
About the Spanish Chamber of Commerce in the UK
The Spanish Chamber of Commerce in the United Kingdom is a key organisation promoting economic and trade relations between Spain and the UK. Founded in 1886, it provides Spanish and British companies with opportunities for networking, business promotion, training, advice and collaborative projects. The Chambers of Commerce of Spain abroad serve as consultative and collaborative bodies of the Spanish Administration.
About FCC
FCC is one of Spain’s leading construction companies, with a history spanning more than 125 years. Its infrastructure division operates across 24 countries, including Spain, Canada, the United States, Mexico, Brazil, Colombia and the United Kingdom, covering all areas of engineering and construction. FCC has significant experience in transport infrastructure, residential and non-residential building, and major public projects worldwide.
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Prizes and awards 2025
- City of Barcelona Award - Llotja Pescadors Port Barcelona.
- Santiago Bernabéu Stadium renovation project, Best Work Award, Madrid Branch of the Association of Civil Engineers, Channels and Ports, and ACHE Engineering Award in the Building Structure category.
- Murcia-Almería high-speed rail platform, Best Public Work in Andalusia Award.
- Pajares railway bypass receives the Segovia Aqueduct Award.
- Best Infrastructure in Catalonia Award in 2024: Barcelona Tram Connection via Diagonal.
- Esther Koplowitz y su Fundación distinguidas como Socio Protector de Honor por la Real Academia Nacional de Medicina de España
- The Almeria desalination plant “Mar de Alborán”, chosen among the four best in the world at the 2025 “Water Oscars”.
- The O Casal Water Treatment Plant in Vigo was chosen as the best water treatment plant in Europe and the second best in the world in the “Best Treatment Plant of 2025” category at the Global Water Awards (GWA).
- FCC Medio Ambiente and Aqualia have been awarded the Best Company For All Talent distinction in recognition of their diversity, equality and inclusion policies.
- Esther Alcocer Koplowitz honoured by Ejecutivos magazine in recognition of her professional career.
- Esther Alcocer Koplowitz, presented with the Eduardo Barrachina Golden Award 2025.
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Letter from Esther Alcocer Koplowitz, Chairwoman of the FCC Group
I invite you to visit the FCC website, which reflects our commitment to innovation, transparency and continuous improvement in our communication with all our stakeholders.
It is a modern, functional and accessible platform that faithfully reflects our company's values, identity and vision, where you can learn more about who we are, what we do and where we are headed. You will also find up-to-date information on our activities, recent projects, relevant news, job opportunities and multiple ways to contact us directly.
Our goal is to strengthen the bond with our customers, shareholders and employees in order to facilitate access to information and offer a more agile and efficient channel.
This year we proudly celebrate 125 years of history at the FCC Group, which has been present in the life of cities and caring for people's well-being since 1900. With more than 71,000 employees in over 25 countries, our talent is our greatest asset and reflects our legacy of more than a century of innovation and social commitment.
We commemorate this anniversary with pride in being part of a unique history. Personally, I am very proud that my grandfather, Ernesto Koplowitz, founded Construcciones y Contratas, and later my mother promoted the company on which FCC is based today, under the leadership of Carlos Slim. This legacy fills us with pride and drives us forward with the certainty that we have a bright future ahead of us.
I am confident that this communication tool will be extremely useful for everyone and will help us continue to build the future of FCC together.
I sincerely appreciate your continued support and trust.
Esther Alcocer Koplowitz
Chairwoman of the FCC Group
FCC opens an Exposition commemorating its 125 year history
FCC opens an Exposition commemorating its 125-year history

The Chairwoman of the FCC Group, Esther Alcocer Koplowitz, and the company's chief executive, Pablo Colio Abril, opened an exhibition this morning commemorating the company's 125-year history, bringing together for the first time in a single display its most notable milestones, achievements and the impact it has had over more than a century of activity.
The Chairwoman addressed those in attendance, highlighting the significance of this anniversary and what it means for the institution: "Today we proudly celebrate 125 years of FCC Group history. Since 1900, the group has been present in the life of cities and caring for people's well-being. With more than 71,000 employees in over 25 countries, our talent is our greatest asset and reflects our legacy of more than a century of innovation and social commitment. We celebrate this anniversary with pride in being part of a unique history. Personally, I am very proud that my grandfather, Ernesto Koplowitz, founded Construcciones y Contratas, and later my mother promoted the company on which FCC is based today, under the leadership of Carlos Slim. This legacy fills us with pride and drives us forward with the certainty that we have a bright future ahead of us."
Since its foundation in 1900, FCC has been able to adapt to change, expand internationally and consolidate its position as a benchmark in environmental services, water management, construction and concession project development, with a firm commitment to innovation and sustainability.
The exhibition brings together a carefully curated selection of historical documents, unpublished photographs, emblematic objects and material resources such as vehicles, lorries, etc., reflecting FCC's evolution and commitment to society since its foundation in 1900. Through a tour of five rooms, visitors will learn about the most significant milestones, as well as the challenges and transformations experienced over the last 125 years.
And we can see how, at the beginning of the last century, the company contributed to the construction of cities and played a very important role in making them more liveable thanks to its promotion of waste management and urban sanitation; and how, in the mid-20th century, the FCC Group understood the importance of transport and communications and participated in the construction of kilometres of motorways, railway lines and underground lines, while also becoming involved in the management and cleaning of parks and gardens.
In the exhibition, as you move through the rooms dedicated to the 1970s, you can see how the company began to undertake major international projects, marking the beginning of a period of expansion and international growth. At this point in the exhibition, we also see how FCC was able to anticipate one of the great challenges of the future: the management of water as an essential resource. With strategic vision, it committed to the efficient management of the entire water cycle, incorporating advanced technologies and innovative practices that guaranteed a sustainable supply to millions of homes.
In addition, FCC has been involved in major events such as the Seville Universal Exposition, which left an indelible mark on many generations, where it built bridges that are now architectural icons and some of the most emblematic pavilions of the exhibition. But its commitment to progress did not stop there. It embarked on the adventure of building high-speed rail, a technological milestone that revolutionised travel in our country and restored the prominence of the railway, consolidating it as a fast, efficient and sustainable transport option. These milestones, which reflect its capacity for innovation and its commitment to development and social welfare, are part of its history and inspire it to look to the future with optimism and determination.
As you move through the rooms, you can see that, with the start of the new millennium, FCC continued to be firmly committed to the environment with large and innovative projects in waste management and recycling, water and construction, in which society played a crucial role by adopting new habits in favour of sustainability and protecting the planet.
In the second decade of the 21st century, the rise of new technologies profoundly transformed the way we live, communicate and work. In this context, FCC's engineers and teams continued to focus on innovation, driving technological advances in all areas of the FCC Group's business and promoting their application, with the aim of maintaining the company's position as a benchmark in all its sectors over time.
This exhibition shows that FCC is facing the coming years with reasonable optimism, confident that it has sufficiently solid conditions on which to build a business future in line with its brilliant track record.
The history of the FCC Group is one of constant adaptation and innovation. The company has evolved to respond to the needs of society, and this anniversary encourages it to continue working with the same passion and commitment that has characterised the Group since day one and to remain a driving force for progress for present and future generations.
Opening ceremony of the FCC exhibition marking its 125-year history.
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Latest analysts' reports
Company |
Date |
Recommendation |
Target price |
---|---|---|---|
INTERMONEY | 31/07/25 | Buy | 14.5 |
GVC-GAESCO | 31/07/25 | Buy | 13.6 |
CAIXABANK-BPI | 09/07/25 | Hold | 13.2 |
SABADELL | 12/06/25 | Buy | 14.0 |
BERNSTEIN | 20/04/25 | Buy | 11.5 |
ODDO | 27/02/25 | Buy | 11.7 |
Average Price |
13.1 |
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Maximum transparency in our business
The following chart provides detailed and historic information of our shares.
|
2022 |
2023 |
2024 |
Sept. 25 |
---|---|---|---|---|
Last* |
3.42 |
9.66 |
8.89 |
11.22 |
High* |
5.60 |
10.50 |
10.30 |
12.72 |
Low* |
2.18 |
3.26 |
7.02 |
8.42 |
Average* |
4.12 |
5.72 |
8.61 |
10.57 |
Total Volume (mn sh) |
13.10 |
14.03 |
6.85 |
4.07 |
Average Daily (shares) |
50,991 |
55,044 |
26,764 |
21,283 |
Total Volume (mn eur) |
125 |
155 |
86 |
45 |
Average Daily (mn eur) |
0.5 |
0.6 |
0.3 |
0.2 |
Capital Rotation |
3% |
3% |
2% |
|
Capitalisation (mn eur)* |
1,499 |
4,213 |
4,044 |
5,307 |
Share Capital (mn sh) |
438.34 |
436.10 |
454.88 |
472.99 |
*Prices adjusted by dividends and by Partial Financial Spin-Off
Share Price
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For your interest
Commitments to Energy Management, Zero Waste and Universal Accessibility
Commitments to Energy Management, Zero Waste and Universal Accessibility

FCC, parent company of one of Europe's leading citizen services groups, is an organisation committed to sustainable development and respect for the environment, promoting efficient resource management and the creation of healthy and accessible environments. Its desire for continuous improvement has led FCC's management to establish and implement an Energy, Zero Waste and Universal Accessibility Management System that provides the framework for setting and reviewing energy, environmental and universal accessibility objectives and targets.
To achieve this, FCC undertakes the following commitments:
- Comply with all applicable legal or regulatory requirements and others to which it subscribes, particularly those relating to the environment and those related to energy efficiency and energy use and consumption, as well as those relating to DALCO universal accessibility criteria.
- Ensure the availability of the information and resources necessary to achieve the objectives and targets of energy efficiency, waste prevention and reduction, and universal accessibility for people to guarantee equal opportunities in accessing and using the environment where it carries out its activity.
- Promote the acquisition of energy-efficient products and services that minimise the impact on energy and environmental performance and favour an accessible environment.
- Support the design of activities that consider improving energy and environmental performance and that promote an accessible environment.
- Involve users through the necessary training and awareness-raising actions to achieve efficient and responsible consumption, the recovery and reduction of waste generated, and improved accessibility.
- Promote the use of renewable and surplus energy, whether our own or from third parties.
- Improve user satisfaction in the environments where they carry out their activities.
- Continuously improve the effectiveness of the Management System through processes to identify opportunities for improvement, set objectives and implement actions that lead the organisation to excellence.
Best practices for reducing energy consumption in the FCC Las Tablas building
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Esther Alcocer Koplowitz
- Chairman
- Proprietary director
- Date of initial appointment: 27-06-2024
- Date of last appointment: 27-06-2024
- The director holds 0,099% of the total voting rights of the issued share capital.
ESTHER ALCOCER KOPLOWITZ
A graduate in law, she has also completed the senior management programme (PADE) at the IESE Business School in Madrid.
Since January 2013, she has served as Chairwoman of the FCC Group, a member of its Board of Directors, the Executive Committee and the Appointments and Remuneration Committee.
She is a member of the Board of Directors at Realia as well as its Appointments and Remuneration Committee. She sits on the Board of Inmocemento and is a member of its Audit and Control Committee.
She previously sat on the Board of Cementos Portland Valderrivas and was a member of its Audit and Control Committee. She was also a member of the Advisory Board at CaixaBank Banca Privada.
She has international experience on Boards of Directors.
She is a member of the board of trustees of the Princess of Asturias Foundation, and of the Fundación Cultural de la Nobleza Española. She is a member of the plenary of the Spanish Chamber of Commerce and a member of the executive committee of the IESE Alumni Association (Madrid).
She has received the following acknowledgements:
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2023 Female Leadership in Business Award, from FEDEPE (Spanish Federation of Female Directors, Executives, Professionals and Businesswomen).
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2023 Business Leader of the Year, Henneo Group.
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2024 AMMDE Construction and Architecture Award in the category "Female Leaders" awarded by the Multisectorial Association of Female Directors and Businesswomen (AMMDE).
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XL Gold Master of the Royal Forum of Senior Management.
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“Professional Career” Award in 2025, granted by Ejecutivos magazine.
Esther Koplowitz Romero de Juseu
- First vice chairman
- Proprietary director
- Date of initial appointment: 14-06-2023
- Date of last appointment: 14-06-2023
- The director holds 3.218% of the total voting rights of the issued share capital, 0.035% directly and 3.183% indirectly.
ESTHER KOPLOWITZ ROMERO DE JUSEU
She is a shareholder of FCC, S.A. through the company NUEVA SAMEDE 2016, S.L., member of the board of directors of FCC, S.A., and first vice-president of the Company. She is also a proprietary director of INMOCEMENTO and is a member of its Appointments and Remuneration Committee.
She holds a degree in philosophy and arts from the University of Madrid; she has developed her business experience in the international field as a director of Veolia and Vivendi.
She is founder and chairwoman of the Esther Koplowitz Foundation. Among other acknowledgements, she has been awarded with: the Grand Cross of Civil Merit, the Gold Medal of the Region of Madrid, the Gold Medal and the title of Academic of Honour of the Royal Academy of History, the distinction of Honorary Citizen by the Valencia City Council, the City of Barcelona Coat of Arms, the Business Leader of the Year award, granted by the Spanish Chamber of Commerce in the USA, the Blanquerna Prize of the Generalitat of Catalonia, Madrid Grand Cross of Healthcare, the Gold and Diamond Insignia of the Police Orphans Foundation, Légion d’Honneur of the French Republic and The Grand Cross of the Civil Order of Environmental Merit, awarded by the Spanish Council of Ministers.
She is a trustee of the Fundación Cultural de la Nobleza Española.
Alejandro Aboumrad González
- Vice Chairman of the Board, Chairman Executive Committee
- Proprietary director appointed at the proposal of Control Empresarial de Capitales, S.A. de C.V.
- Date of initial appointment: 13-01-2015
- Date of last appointment: 14-06-2023
- The director holds 0.078% of the total voting rights of the issued share capital.
ALEJANDRO ABOUMRAD GONZÁLEZ
Industrial Engineer at Anáhuac University. Mr. Aboumrad González has worked in subsidiary and related companies of Carso Group during the last 15 years, five years of which he has been working for the Financial Group Inbursa in the field of Project Evaluation and Risk Evaluation.
He is member of the Management Board of Inmuebles (Buildings) Carso, S.A.B. of C.V. and Minera Frisco, S.A.B. of C.V., holding in this last company the post of General Manager.
He is Chairman of the Board of FCC Aqualia, Chairman of FCC Servicios Medio Ambiente Holding, S.A.U., Vice Chairman of the Board of FCC and Chairman Executive Committee of FCC. He is also a proprietary director of INMOCEMENTO.
Pablo Colio Abril
- Managing Director
- Executive Director
- Date of initial appointment: 12-09-2017
- Date of last appointment: 14-06-2022
- The director holds 0.038% of the total voting rights of the issued share capital.
PABLO COLIO ABRIL
He is an architect from the Escuela Técnica Superior in Madrid. He has spent most of his professional career at FCC, a company to which he has dedicated more than 26 years.
Within the Group, he has been responsible for the international expansion of the industrial division. Among the positions he has held in the company are managing director of FCC Construction and managing director of FCC Industrial.
He is the chief executive officer of FCC Group and member of its Executive Committee, duties he shares with those of president of FCC Construcción, vice-president of FCC Servicios Medio Ambiente Holding, S.A.U. He is an executive director of INMOCEMENTO and sole administrator of Cementos Portland Valderrivas, S.A. He is also a director of the Mexican firm Carso Infraestructuras y Construcción (CICSA).
Carmen Alcocer Koplowitz
- Proprietary director appointed at the proposal of Control Empresarial de Capitales, S.A. de C.V.
- Date of initial appointment: 14-06-2023
- Date of last appointment: 14-06-2023
- The director holds 0.129% of the total voting rights of the issued share capital.
CARMEN ALCOCER KOPLOWITZ
Graduate in law from the Francisco de Vitoria University of Madrid.
She is a member of the Board of Directors of FCC, S.A.
Alicia Alcocer Koplowitz
- Proprietary director appointed at the proposal of Esther Koplowitz Romero de Juseu
- Date of initial appointment: 29-06-2021
- Date of last appointment: 12-06-2025
- The director holds 0.083% of the total voting rights of the issued share capital.
ALICIA ALCOCER KOPLOWITZ
A Law graduate, she started her professional career at Banco Zaragozano, now La Caixa, where she worked for four years in the Finance Department, at the bank's treasury desk and served as a director.
She is a member of the Innovation Committee, under the Secretary of State for Science, Technology, and Innovation (CDTI).
She is currently a director at FCC, S.A. and a member of its Executive Committee in a personal capacity. From 1999 to 2021, she was a member of the FCC Board through EAC Inversiones Corporativas SL.
She is a director and second vice-chariman of INMOCEMENTO and a member of its Appointments and Remuneration Committee. At present, she is a member of the Realia board, the Executive Committee and the Appointments and Remuneration Committee.
She sits on the board of Clínica Cemtro, and is also board member of the Esther Koplowitz Foundation, of the Hispanic-Jewish Foundation and used to be board member of the Valderrivas Foundation.
She is also an advisor to the Queen Sofia Spanish Institute (QSSI) as well as Air Nob.
On 2 May 2022, she was awarded the "Encomienda de la Orden del Dos de Mayo" (Commandery of the Order of Dos de Mayo)
Manuel Gil Madrigal
- Independent Director
- Date of initial appointment: 27-02-2015
- Date of last appointment: 14-06-2023
- The director indirectly holds 0.004% of the total voting rights of the issued share capital.
MANUEL GIL MADRIGAL
He holds a degree in law and business studies (E-3) from ICADE and is a founding partner of the company Tasmania Gestión. In 2000 he was also founder of the financial company N+1 and has been a board member of Vidrala, Ezentis, Funespaña, General de Alquiler de Maquinaria (GAM) and Campofrío, among other companies. He has also been director of capital markets at AB Asesores Bursátiles, partner of Morgan Stanley, and auditor at Arthur Andersen.
He is also an independent director of FCC and Grupo Barón de Ley.
Carlos Slim Helú
- Proprietary director appointed at the proposal of Control Empresarial de Capitales, S.A. de C.V.
- Date of initial appointment: 14-06-2023
- Date of last appointment: 14-06-2023
- The director indirectly holds 11.916% of the total voting rights of the issued share capital.
CARLOS SLIM HELÚ
Carlos Slim Helú is Civil Engineer at National Autonomous University of Mexico (UNAM).Founder of the Group Carso, S.A.B. of C.V., América Móvil, Financial Group Inbursa and Inversora bursátil. He is also owner of Teléfonos de México (TELMEX).
Has been Deputy President of Bolsa Mexicana de Valores (Mexican Stock Exchange) and president of the Mexican Association of Stock Houses.
Has been the first President of the Latin-American Committee of the Value Stocks of New York Management Board.
Currently, he is Chairman of the Carso Infrastructures and Building Management Board (CICSA), Minera Frisco and President of the Carlos Slim Education Foundation, A.C. and the Foundation Telmex, A.C. Additionally, he is member of the Inmuebles Carso Management Board and IDEAL.
He is also a proprietary director of FCC, S.A. and INMOCEMENTO.
Gerardo Kuri Kaufmann
- Proprietary director appointed at the proposal of Control Empresarial de Capitales, S.A. de C.V.
- Date of initial appointment: 13-01-2015
- Date of last appointment: 14-06-2023
- The director holds 0.124% of the total voting rights of the issued share capital.
GERARDO KURI KAUFMANN
He holds a degree in industrial engineering from Anáhuac University (Huixquilucan, Mexico) and has extensive experience in the real estate sector, where he has held and currently holds positions of the highest relevance.
He has worked as Purchasing Director of Carso Infraestructura y Construcción, S.A. de C.V. and is currently a member of the Board of Directors of such company. Since the incorporation of Inmuebles Carso, S.A. de C.V., he assumed the General Management of the same, from 2010 to 2015, where he is currently only part of its Board of Directors, as well as of all its subsidiaries. Additionally, he is a member of the Board of Directors of Grupo IDESA, S.A. de C.V., member of the Board of Directors of Elementia Materiales, S.A.P.I. de C.V., Alternate Chairman of the Board of Directors of Fortaleza Materiales, S.A.P.I. de C.V. He is a member of the Board of Directors and Chief Executive Officer of Operadora de Sites Mexicanos, S.A.B. de C.V., Sitios Latinoamérica, S.A.B. de C.V. and Minera Frisco, S.A.B. de C.V.
In Spain, he is a member of the board of directors of Fomento de Construcciones y Contratas, SA, and of its executive committee. He is a proprietary director of INMOCEMENTO, S.A., and is also non-executive vice-chairman and proprietary director of Realia Business, S.A., as well as non-executive vice-chairman of Cementos Portland Valderrivas, S.A.
Juan Rodríguez Torres
- Proprietary Director appointed upon request by Control Empresarial de Capitales, S.A. de C.V.
- Date of first appointment: 07-10-2015
- Date of last appointment: 27-06-2024
- The director holds 0.095% of the total voting rights of the issued share capital.
JUAN RODRÍGUEZ TORRES
He is a civil engineer from the National Autonomous University of Mexico (UNAM), a master of Mathematics, stage in France at Beton Precontraint, he has a master's degree in engineering, planning and operations research from UNAM and has completed the AD-2 senior management programme at the Pan-American Institute of Senior Management (IPADE Business School).
He has been production manager and controller at Preesforzados Mexicanos, S.A. de ICA, and managing director of Domit Group, in the footwear sector. He is founder and director of several footwear companies. He is a director of Procorp SA de C.V., a capital investment company, a director of Minera Frisco, S.A.B. de C.V. and president of its audit committee. He is also a director of Grupo Sanborns, S.A.B. de C.V., a director of Elementia Materiales, S.A.P.I. de C.V. and member of its audit committee, a director of Fortaleza Materiales, S.A.P.I de C.V. and president of its audit committee and a director of CICSA, president of the board of directors of Red Nacional Última Milla S.A.P.I. de C.V. and Red Última Milla del Noroeste, S.A.P.I de C.V., and president of the board and member of the audit committee of Operadora de Sites Mexicanos, S.A.B. de C.V.
He is a personal representative of the director of Fomento de Construcciones y Contratas, S.A., Inmuebles Inseo, S.A. de C.V., and a member of its audit and control and appointments and remuneration committee.
He is also a proprietary director of INMOCEMENTO, Chairman of the Board of Directors and a member of its Audit and Control and Appointments and Remuneration Committees. He is also non-executive chairman and proprietary director of Realia.
Álvaro Vázquez de Lapuerta
- Independent Director
- Date of initial appointment: 27-02-2015
- Date of last appointment: 14-06-2023
- The director holds 0.0004% of the total voting rights of the issued share capital.
ÁLVARO VÁZQUEZ DE LA PUERTA
He holds a degree in law and business studies (E-3) from ICADE, he is currently a partner at Lira Capital and Meridia Partners. As Deputy General Manager of BBVA he was responsible for Treasury Clients, Capital Markets, and Investment Banking, as well as Investor Relations at BBVA and CEO of the securities firm BBVA Bolsa. Previously, at JP Morgan in Madrid, London, New York and Mexico he was responsible for, among other areas, Investment Banking and Capital Markets for Latin America, as well as Equities for Europe. He is also an independent director of FCC, S.A. and is also an independent director of INMOCEMENTO and a member of its Appointments and Remuneration Committee and Audit and Control Committee.
Francisco Vicent Chuliá
- Secretary (non-member)
Felipe Bernabé García Pérez
- Vicesecretary (non-member)
LA-contInteriorDetallado-agua-presentacion
Water Management Website
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Solutions for all stages of the water cycle
Aqualia is a water management company owned by the FCC public services group (51%) and the Australian ethical fund IFM Investors (49%). The company is the fourth largest water company in Europe in terms of population served and the ninth largest in the world, according to the latest Global Water Intelligence ranking (December 2024).
It currently serves 44.8 million users and operates in 18 countries: Algeria, Saudi Arabia, Colombia, Chile, Egypt, the United Arab Emirates, Spain, the United States, France, Georgia, Italy, Mexico, Oman, Peru, Portugal, Qatar, the Czech Republic and Romania.
The company is positioned as a benchmark brand in the sector, known for being cutting-edge, specialised, transparent and innovative. This is thanks to a committed, highly experienced team that constantly seeks to improve the efficiency of production processes and optimise resources, with a clear focus on the citizen.
This way of working and continuous advances in innovation and the use of new technologies have enabled it to consolidate its leadership in the domestic market, which is also reflected in the foreign market with an ambitious but prudent strategy defined to consolidate its international position. If there is one thing that sets Aqualia apart, it is the role that sustainable development plays as an integral part of its business model: combining the generation of social benefits with a fair return on its activity places the company in a privileged position in the water management sector.
Aqualia's commitment and responsibility to the municipalities in which it operates is not limited to the provision of services, but goes further: it seeks to contribute to improving the well-being of people, especially the most vulnerable groups.
Company activity
At Aqualia, we provide essential services to citizens. Our activity focuses on concessions and services, and encompasses concessions and proprietary infrastructure for the entire cycle, BOT, operation and maintenance services, and irrigation, as well as technology and network activities, which include EPC contracts and industrial water treatment activities.
The business models we deploy in the geographical areas where we operate include the following:
Integrated water cycle management (IWCM): Management of integrated water cycle public services through long-term concession models or asset ownership in countries with proven regulatory systems.
Infrastructure concessions (BOT): Infrastructure concessions in which infrastructure, treatment plants (water purification, wastewater treatment and desalination) or reuse facilities are designed, built, financed and operated in the long term through BOT contracts and take-or-pay mechanisms, in which the recovery of the investment associated with the infrastructure is guaranteed without assuming demand risk.
Operation and maintenance (O&M): Operation, maintenance and exploitation services for water infrastructure. This service ensures a continuous supply of high-quality water, which requires the dedication, technology, professionalism and experience necessary to achieve maximum excellence in the processes.
Technology and networks (EPC): Design and construction projects for water infrastructure, mainly for our own concessions and unique projects. Our experience working with leading construction companies allows us to create alliances to reduce and minimise construction risks. We have EPC contracts in all geographical areas, mainly those where we manage the entire cycle.
Aqualia Industrial: At Aqualia, we are committed to industry, innovation and infrastructure as fundamental pillars for creating a positive impact. Thanks to Aqualia Industrial, we contribute to a resilient and modernised infrastructure that supports and accompanies a competitive and sustainable industry, adapting to change through the development of technologies and innovation. (Visit the website: www.aqualiaindustrial.com
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FCC celebrates the tenth anniversary of the SDGs with the launch of the campaign Do you watch or Take part
FCC celebrates the tenth anniversary of the SDGs with the launch of the campaign Do you watch or Take part

This year marks the tenth anniversary of the Sustainable Development Goals (SDGs). In that time, we have travelled more than halfway towards achieving the 17 goals that make up the 2030 Agenda, aimed at building a more just, healthy, prosperous and sustainable future. That is why, once again, the FCC Group is celebrating SDG Week with the launch of the international photography contest on Instagram, ‘Do you watch or Take part?’.
The aim of this initiative is to encourage FCC employees to commit to the Sustainable Development Goals (SDGs). To this end, participants are invited to capture images that represent any of the 17 United Nations SDGs. This campaign seeks to connect staff through photography, promoting the eradication of poverty, protection of the planet, reduction of inequalities and improvement of people's lives around the world.
The photographs that participants initially publish as stories will subsequently be shared and highlighted on the FCC Group's corporate Instagram profile. The total number of likes each image receives will determine the order of the winners: the photograph with the most likes will take first place, the second with the most will take second place, and the third with the most likes will be awarded third place.
With more than 125 years of history, FCC is now one of the world's leading global operators, specialising in environmental services, integrated water cycle management, infrastructure construction and concession project development, with a presence in more than 25 countries and a workforce of 71,000 people. Its commitment to serving the public and constantly seeking innovative solutions gives it the confidence to look to the future with optimism. In line with this commitment, the company wanted to reflect this purpose by launching this photography contest, convinced that a picture can convey much more than a thousand words.
The company is committed to continuously addressing the challenge of the 2030 Agenda and has adopted the Sustainable Development Goals as its own. The FCC Group's Sustainability Policy provides it with the ESG approach necessary to meet the growing demands of its stakeholders and contribute to the achievement of the 2030 Agenda and the SDGs, as well as promoting innovation. Since 7 May 2007, FCC has been a member of the United Nations Global Compact, the largest global initiative in corporate sustainability.