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Encyclopedia > Ferrovial
Grupo Ferrovial, S.A.
Type Public
Founded 1952
Headquarters Madrid, Spain
Industry Construction, transportation & services
Revenue €8,989 million EUR (2005)
Operating income €871.3 million EUR
Net income €415.8 million EUR
Employees 57,247 (2005)
Website http://www.ferrovial.com

Ferrovial Group (Grupo Ferrovial) is a Spanish company involved in construction, infrastructure, real estate and related services. Image File history File links Ferrovial. ... Location Coordinates : 40° 23’N , 3°43′0″W Time Zone : CET (GMT +1) - summer: CEST (GMT +2) General information Native name Villa de Madrid (Spanish) Spanish name Villa de Madrid Founded 9th century Postal code 28001-28080 Area code 34 (Spain) + 91 (Villa de Madrid) Website http://www. ... Revenue is a U.S. business term for the amount of money that a company earns from its activities in a given period, mostly from sales of products and/or services to customers. ... EUR is an initialism that may mean: Euro, the currency; Esposizione Universale Roma, a neighbourhood of Rome built for the World Fair Esposizione universale (1942). Erasmus Universiteit Rotterdam (Erasmus University of Rotterdam, the Netherlands) This page concerning a three-letter acronym or abbreviation is a disambiguation page — a navigational aid... Earnings before interest and taxes (EBIT), also known as operating income and operating profit, is a term used to describe a companys earnings. ... Net income is equal to the income that a firm has after subtracting costs and expenses from the total revenue. ... Employment is a contract between two parties, one being the employer and the other being the employee. ... This page as shown in the AOL 9. ...


The company is owned 60% by the Del Pino Family, founders of its original construction company. Rafael del Pino started in 1952 a railroad contruction company called Ferrovial. (The word "Ferrovia" means "Railroad" in Spanish.)


On June 5, 2006 a Ferrovial led consortium purchased UK based airport operator BAA plc valuing the company at £10bn [1]. June 5 is the 156th day of the year in the Gregorian calendar (157th in leap years), with 209 days remaining. ... 2006 (MMVI) is a common year starting on Sunday of the Gregorian calendar. ... BAA plc is the owner and operator of seven major United Kingdom airports and operator of several airports worldwide, making the company one of the largest transport companies in the world. ...


Grupo Ferrovial also owns, through its subsidiary Amey, a share of Tube Lines, one of the two PPP companies responsible for the maintenance of London Underground's lines and rolling stock. Under the 30-year PPP, Tube Lines is responsible for the maintenance, renewal and upgrade of the Underground infrastructure on the Jubilee, Northern and Piccadilly lines, including track, trains, signals, civil work and stations. ... PPP is an abbreviation for: Science and technology Point-to-Point Protocol, in data link protocol commonly used for dial-up internet Pariser-Parr-Pople method, an approximation in quantum chemistry Pearly penile papules, pale, raised bumps occurring on male genitalia Pentose phosphate pathway, a chemical process that generates five... The London Underground is an all electric railway system that covers much of the conurbation of Greater London and some neighbouring areas. ...


  Results from FactBites:
 
Euro2day :: Ferrovial buys up BAA shares to block Goldman (1313 words)
Ferrovial on Tuesday moved to protect its agreed 950 ¼p offer for BAA, the UK airports operator, buying up shares in the company which could act as a blocking stake against a possible higher bid from a rival consortium led by Goldman Sachs.
For the first time in nearly 17 weeks of fighting off the Spanish predator – Ferrovial's interest in acquiring BAA was first disclosed on February 8 – the UK airports operator was finally cornered on Monday.
BAA had previously rejected both Ferrovial's last offer of 900p a share, made last week, and a "preliminary, highly conditional" approach at 870p a share made by the Goldman Sachs consortium at the end of March.
Ferrovial profit climbs, aided by building unit - Marketplace by Bloomberg - International Herald Tribune (495 words)
Despite the strong earnings, Ferrovial is struggling with its most ambitious project yet, the $16 billion purchase of BAA, part of a plan to expand in other markets in case domestic construction work slows.
Shares of Ferrovial, the builder of the Guggenheim museum in Bilbao, climbed €1.90, or 2.9 percent, to close at €67 in Madrid.
Ferrovial said in March that it would be willing to increase its offer by "a small increment" on the condition that the British airport operator agree to due diligence and back the purchase.
  More results at FactBites »


 

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