Grupo Ferrovial progresses in the Cintra project by implementing its organisational structure
The Ferrovial Group has taken a further step in its project for Cintra, Concesiones de Infraestructuras de Transporte, S.A., by implementing its organisational structure, headed by Rafael del Pino y Calvo Sotelo, as Chairman, Santiago Bergareche Busquet, Chairman of Agromán, as Vice-Chairman; and Juan Béjar Ochoa, as Managing Director of the company and thus responsible for the Cintra project.
Jaime Carvajal Urquijo; Joseph G. Fogg; José Mª Pérez Tremps, the Director Secretary General of the Ferrovial Group; and Nicolás Villén Jiménez, Economic-Financial Manager of the Ferrovial Group, were appointed Directors of that company.
Cintra, the leader in transport concessions
The company Cintra, Concesiones de Infraestructuras de Transporte, groups together the concessions of toll motorways in which the Group holds a stake - now twelve - and is the vehicle through which it now tenders and will manage the future concessions in Spain and abroad. At present, the stake held by the Group in these concessions is valued at 70,000 million pesetas and the total accumulated investment is nearly half a billion pesetas.
The priority objective of Cintra is to become a leading company on the national and international markets, in the area of transport infrastructure project concessions. To do so, it draws on its status as a pioneer in the field - the Ferrovial Group has 30 years of experience, involving its present management of 1,200 km. of motorways in Spain and Latin America; its stable presence in the target countries - Europe, Latin America and the North of Africa - and the backing of the economic and financial capacity of its parent companies: Ferrovial Group and Agromán in a 60/40 ratio.