{"id":1379,"date":"2006-10-19T00:00:00","date_gmt":"2006-10-19T00:00:00","guid":{"rendered":"https:\/\/newsroom.ferrovial.com\/press_releases\/ferrovial-named-best-of-european-business-europeanness\/"},"modified":"2022-12-21T12:22:41","modified_gmt":"2022-12-21T11:22:41","slug":"ferrovial-named-best-of-european-business-europeanness","status":"publish","type":"press_release","link":"https:\/\/newsroom.ferrovial.com\/en\/press-releases\/ferrovial-named-best-of-european-business-europeanness\/","title":{"rendered":"Ferrovial named &#8220;Best of European Business&#8221; for Europeanness"},"content":{"rendered":"    <section class=\"wysiwyg text-editor \" id=\"\">\n        <div class=\"container container--narrow container--p-10\">\n            <p><strong><img loading=\"lazy\" decoding=\"async\" class=\"alignleft\" alt=\"\" src=\"\/wp-content\/uploads\/noticias\/img_112350429106_2242005135916.gif\" width=\"172\" height=\"69\" \/>Santander and Inditex were also finalists<\/strong><\/p>\n<p>Madrid, 19 October 2006. Joan Clos, Spain&#8217;s Industry Minister, presented Ferrovial with the &#8220;Best of European Business&#8221; award for &#8220;Europeanness&#8221;, organised by consulting firm Roland Berger simultane-ously in ten countries of the European Union to recognise companies that contribute to boosting Europe&#8217;s competitiveness in line with the objectives of the Lisbon Agenda.<\/p>\n<p>The award to Ferrovial is a recognition of its recent acquisition of UK airport operator BAA and, particu-larly, the strategy of investment, diversification and internationalization implemented in recent years by the company, which now has a presence in a dozen countries worldwide, six of them in the European Union.<\/p>\n<p>Ferrovial and the Spanish award-winners in the other categories (Telef\u00f3nica for cross-border mergers and acquisitions and Gamesa for growth) will compete with the other award-winners in a European final next March in Brussels, the capital city of the European Union.<\/p>\n<p><strong>Ferrovial: growth, internationalization and diversification <\/strong><\/p>\n<p>Half a century after its foundation, Ferrovial is a multinational group specialised in the development, fi-nancing, maintenance and management of transport and urban infrastructure and services, with a stable presence in a dozen countries of Europe (the UK, Poland, Portugal, Ireland, Italy, Switzerland and Greece), North America (the US and Canada), Australia and Latin America (primarily Chile).<\/p>\n<p>The priority of business growth has been sustained by a major programme of investment with a clear fo-cus on international expansion. Between 1997 and mid-2006, investments totalled close to 9 billion euro, 80% in the field of infrastructure and services concessions.<\/p>\n<p>As a result, Ferrovial has changed profoundly, from being exposed primarily to cyclical activities (construc-tion and property development accounted for 90% of its 1998 operating profit) to becoming a group which obtains 64% of EBITDA from infrastructure and services.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"\/wp-content\/uploads\/noticias\/img_premios_best_european_busi.jpg\" \/>\u00a0<img decoding=\"async\" alt=\"\" src=\"\/wp-content\/uploads\/noticias\/img_premios_best_european_bus1.jpg\" \/><\/p>\n        <\/div>\n    <\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":67,"featured_media":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","nivel-2":[1071,1132,2276,1070,1915],"nivel-5":[1903],"nivel-1":[],"nivel-3":[],"nivel-4":[],"class_list":["post-1379","press_release","type-press_release","status-publish","hentry","nivel-2-awards","nivel-2-estrategia-empresarial-es-es","nivel-2-mergers-and-acquisitions","nivel-2-shareholders-and-investors","nivel-2-urban-mobility","nivel-5-ferrovial-en"],"acf":[],"yoast_head":"<title>Ferrovial named &quot;Best of European Business&quot; 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