FCC Group facts for kids

Quick facts for kids
Fomento de Construcciones y Contratas, S.A.

Headquarters in Barcelona, Spain
Trade name	FCC
Type	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	€9,026.0 million (2023)
Operating income	€910.3 million (2023)
Net income	€744.8 million (2023)
Number of employees	67,000 (2023)
Subsidiaries	FCC Environment Aqualia FCC Construction FCC Real Estate Cementos Portland

The FCC Group is a large Spanish company based in Barcelona. It specializes in providing important public services. Its shares were first traded on the stock market in December 1900. The company is listed on the Spanish Continuous Market.

In 2021, the FCC Group was among the top companies in Spain for carbon dioxide emissions. They are working to improve their environmental impact.

A Look at FCC's History

How FCC Started

The company began in Barcelona in 1900. It was first a construction company called Fomento de Obras y Construcciones S.A., also known as FOCSA. In 1911, FOCSA started working on public services. Their first big job was cleaning and maintaining Barcelona's sewer system.

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.

Growing and Changing

In 1999, FCC teamed up with Veolia Environnement to create a joint company called Proactiva. Later, in 2013, Veolia bought FCC's share of Proactiva.

FCC expanded its business in 2006. They bought the British Waste Recycling Group for a large sum of money. This helped them grow their environmental services.

In 2013, FCC sold its company Alpine Energie to Triton Partners. Alpine Energie had 3,000 employees and built power plants and communication systems.

New Investors and Global Goals

In October 2013, Bill Gates became a shareholder in FCC. He bought a 5.7% stake in the company. This showed FCC's strong position in areas like environmental services and water. These areas align with his ideas about sustainability. Later that year, in December, another investor, George Soros, also became a shareholder.

In December 2014, Carlos Slim, a well-known business leader, became a major shareholder in FCC. This happened after FCC issued new shares.

In 2022, FCC joined the SDG campaign. This campaign was launched by the UN Global Compact Spain. As part of this, FCC and other members work to help with climate change and social fairness. They also support other important global issues.

FCC operates in more than 29 countries around the world. Over 47.5% of its income comes from outside Spain. Most of this comes from Europe and the United States.

What FCC Does

FCC focuses on several main activities. These include managing environmental services and handling the entire water cycle. They also build large structures, produce cement, and manage real estate.

As of May 2022, the company was organized into five main divisions:

• FCC Environmental (deals with environmental services)
• Aqualia (manages water services)
• FCC Construction (builds large projects)
• FCC Real Estate (manages properties)
• Cementos Portland (produces cement)

Amazing Projects by FCC

FCC has worked on many impressive construction projects. Here are some of them:

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

Images for kids

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  Prince Philip Museum of Science

• 

  New Europe Bridge

Who Owns FCC?

The company has several important shareholders. These are the people or groups who own parts of the company.

FCC offices in Madrid.

See also

In Spanish: Grupo FCC para niños