Ferrovial contributes 500,000 to community projects to celebrate its 50th anniversary

Press releases

Under the slogan of "5 decades, 5 projects", Ferrovial will promote several initiatives with Aldeas Infantiles, UNICEF and Fundación Reina Sofía, plus social integration projects and suggestions from employees In five decades, Ferrovial has consolidated itself as one of Europe´s biggest construction groups: it is Spain´s largest and Europe´s second-largest by market capitalization To celebrate its 50th anniversary, Ferrovial will contribute a total of €500,000 to five community projects. Under the slogan of "5 decades, 5 projects", Ferrovial will support and promote initiatives chosen in consultation with Children´s Villages (reconstruction of a village in Sant Feliú de Codines, Barcelona), UNICEF (a project to provide drinking water in Bolivia) and other development projects with Fundación Reina Sofía and other programs for social integration. The fifth project, chosen from among proposals by the Ferrovial Group´s own employees, will receive €100,000. One of Europe´s largest construction groups On 18 December 1952, Rafael del Pino y Moreno founded Ferrovial, which initially specialised in renovating and building railway track. In the 1960s, Ferrovial entered other subsectors of construction, such as roads, hydraulic works, ports, and residential and industrial building, and it now covers all areas of this business. In the late 1960s, Ferrovial entered real estate and concessions: in 1968 it obtained the concession for the Bilbao-Behobia toll road (Europistas). While maintaining construction as its main activity (it is now Spain´s largest construction company in terms of business volume and backlog), Ferrovial has a significant presence in concessions, real estate development, services and telecommunications. It is one of the world´s biggest private-sector transport infrastructure developers, with a committed investment of €1.7 billion. Because of international expansion (focused on OECD countries, in addition to concessions, and acquisition of sound companies in markets with potential growth), Ferrovial is now present in Europe (Portugal, Poland, the UK, Ireland and Italy), Canada, Australia (Sydney) and Latin America. Ferrovial is Spain´s largest construction group and Europe´s second-largest in terms of market capitalization (over €3.5 billion). In 2001, revenues amounted to €4.24 billion and net profit to €218 million, underpinned by a strong growth rate (+35% CAGR in the last six years). Ferrovial is the first Spanish construction group to form part of the Dow Jones Sustainability Indexes, the world´s leading benchmark for companies committed to sustainability (in the economic, environmental and social dimensions).


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