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FCC Group facts for kids

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Fomento de Construcciones y Contratas, S.A.
Trade name
FCC
Limited Company (In Spain: Sociedad Anónima)
Traded as BMAD: FCC
Industry Construction, Civil engineering
Founded 1900
Headquarters Barcelona, Spain
Key people
Esther Koplowitz (Chairman)
Pablo Colio Abril (CEO)
Revenue Increase €9,026.0 million (2023)
Operating income
Increase €1,529.6 million (2023)
Increase €910.3 million (2023)
Number of employees
67,000 (2023)
Subsidiaries
  • FCC Environment
  • Aqualia
  • FCC Construction
  • FCC Real Estate
  • Cementos Portland

The FCC Group is a very large Spanish company based in Barcelona. Its full name used to be Fomento de Construcciones y Contratas, S. A.. FCC is one of the biggest companies in Spain and its shares are traded on the Spanish stock market.

A Look at FCC's History

The FCC Group started in Barcelona way back in 1900. It was first called Fomento de Obras y Construcciones S.A. and was known as FOCSA.

Later, in 1992, FOCSA joined with another company called Construcciones y Contratas. This company was founded in Madrid in 1944. Together, they formed the Fomento de Construcciones y Contratas, S.A. that we know today.

In 2006, FCC bought a British company called Waste Recycling Group. This helped FCC grow its environmental services business.

In 2013, important investors like Bill Gates and George Soros became shareholders in FCC. This showed their belief in FCC's work, especially in areas like environmental services and water management.

Later, in 2014, a well-known business leader named Carlos Slim also became a major shareholder in the company.

In 2022, FCC joined the SDG campaign by the UN Global Compact Spain. This means they are working to help with important global issues like climate change and social fairness.

What FCC Group Does

FCC Group focuses on several key activities that help communities and the environment. These are their main jobs:

  • Environmental Services: They manage things like waste collection and recycling.
  • Water Management: They handle the entire process of water, from getting it to cleaning it.
  • Construction: They build big structures and important civil engineering projects.
  • Cement Production: They make cement, which is a key material for building.
  • Real Estate: They manage properties and buildings.

How FCC Group is Organized

As of May 2022, the FCC Group is divided into five main parts, each focusing on a different area:

  • FCC Environmental
  • Aqualia (which handles water)
  • FCC Construction
  • FCC Real Estate
  • Cementos Portland

Major Projects FCC Has Built

FCC has been involved in building many famous and important structures around the world. Here are some of them:

  • Torre Picasso in Madrid, Spain, finished in 1988.
  • Gate of Europe in Madrid, Spain, finished in 1996.
  • Prince Philip Museum of Science in Valencia, Spain, finished in 2000.
  • Torre Caja Madrid in Madrid, Spain, finished in 2008.
  • Pasajul Basarab in Bucharest, Romania, finished in 2011.
  • New Europe Bridge connecting Bulgaria and Romania, finished in 2013.
  • Haren Prison in Brussels, Belgium, finished in 2022.

Who Owns FCC Group?

The FCC Group has several important shareholders, which are people or companies who own parts of the company. Here are some of the main ones:

Oficinas de FCC en Las Tablas (Madrid) 01
FCC offices in Madrid.
Shareholder Total voting rights Direct voting rights Indirect voting rights
Business Capital Control, S.A. de C.V. 69.578% 60.583 % 8.994 % (Dominum Direction and Management)
Bill Gates 5.736 % 0.000 % 5.736 %
Esther Koplowitz 3.216 % 0.035 % 3.181 % (Nueva Samede 2016)
Nueva Samede 2016, S.L.U. 3.181 % 3.181 % 0.000 %
Carlos Slim 11.911 % 0.000 % 11.911 % (Finver Investments 2020)

Images for kids

See also

Kids robot.svg In Spanish: Grupo FCC para niños

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FCC Group Facts for Kids. Kiddle Encyclopedia.