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Fomento de Construcciones y Contratas is a leading
SpanishSpain , officially the Kingdom of Spain languages]] under the European Charter for Regional or Minority Languages. In each of these, Spain's official name is as follows:;;;;;;), is a country and member state of the European Union located in southwestern Europe on the Iberian Peninsula...
construction company based in
BarcelonaBarcelona is the second largest city in Spain after Madrid, and the capital of Catalonia, with a population of 1,621,537 within its administrative limits on a land area of...
. It is publicly traded and is part of the
IBEX 35The IBEX 35 is the benchmark stock market index of the Bolsa de Madrid, Spain's principal stock exchange. Initiated in 1992, the index is administered and calculated by Sociedad de Bolsas, a subsidiary of Bolsas y Mercados Españoles , the company which runs Spain's securities markets...
.
Over 50% of the shares are owned by a company controlled by Esther Koplowitz and others.
History
The business was founded in
BarcelonaBarcelona is the second largest city in Spain after Madrid, and the capital of Catalonia, with a population of 1,621,537 within its administrative limits on a land area of...
in 1900 as
Fomento de Obras y Construcciones S.A. and became known as
FOCSA. In 1992 FOCSA merged with
Construcciones y Contratas, a company founded in
MadridMadrid is the capital and largest city of Spain. The population of the city is roughly 3.3 million and the entire population of the Madrid metropolitan area is calculated to be 6.271 million. It is the third largest city in the European Union, after London and Berlin, and its metropolitan...
in 1944 to form
Fomento de Construcciones y Contratas, S.A.
Structure
The business has the following divisions:
- Construction
- Environmental services
- Urban related services (Versia)
- Cement
- Real estate (Realia)
- Energy
Major projects
Major projects involving the company include the
Torre PicassoTorre Picasso is a skyscraper in Madrid, Spain. From 1988 till 2007 it was the tallest building in Madrid with its 157 m and 43 floors. Torre Picasso is located next to the Pablo Picasso Square, within the commercial complex AZCA along the Paseo de la Castellana...
completed in 1988,
Puerta de EuropaThe Puerta de Europa towers are twin office buildings in Madrid. The towers have a height of and have 26 floors. They were constructed from 1989 to 1996...
completed in 1996, the
El Museu de les Ciències Príncipe FelipePríncipe Felipe Science Museum is an important visitor attraction in Valencia in Spain. It forms part of the City of Arts and Sciences...
completed in 2000, the
Torre Caja MadridThe Torre Caja Madrid is a skyscraper located in the Cuatro Torres Business Area in Madrid, Spain. With a height of and 45 floors, it is the tallest of the four buildings in the Cuatro Torres Business Area complex, surpassing Torre de Cristal by less than a metre, and the tallest building in...
completed in 2008 and the Pasajul Basarab completed in 2011.