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Ferrovial

Ferrovial, S.A.
Sociedad Anónima
Traded as BMADFER
Industry Conglomerate
Founded 1952
Founder Rafael del Pino y Moreno
Headquarters Madrid, Spain
Area served
Spain, Portugal, United Kingdom, Ireland, Italy, Poland, Switzerland, Greece, USA, Canada, Chile
Key people
Rafael del Pino Calvo-Sotelo (Chairman), Iñigo Meirás Amusco (CEO)
Services Residential, commercial property and infrastructure construction; toll road operation; airport and infrastructure management; waste management; facility management
Revenue €9,701 million (2015)
€770 million (2015)
€720 million (2015)
Number of employees
74,032 (2015)
Subsidiaries Amey plc
AGS Airports (50%)
Heathrow Airport Holdings (25%)
Website www.ferrovial.com

Ferrovial, S.A. (Spanish pronunciation: [feroˈβjal]), previously Grupo Ferrovial, is a Spanish multinational company involved in the design, construction, financing, operation (DBFO) and maintenance of transport, urban and services infrastructure. It is a publicly traded company and is part of the IBEX 35 capitalization-weighted . The company is headquartered in Madrid.

The company was founded by Rafael del Pino y Moreno in 1952 as a railroad construction company called Ferrovial, from the Spanish word for "railroad". Ferrovial acquired 98.27% of Agromán, another leading Spanish contractor in June 1995 and then set up Cintra in February 1998: presided over by Rafael del Pino Calvo-Sotelo, Cintra originally comprised three business lines: Car Parks, Toll Roads and Airports (the latter would eventually be separated from the other two business lines).

In the early years of the new millennium the company expanded acquiring 58.5% of the Polish construction company Budimex Dromex S.A. in April 2000 and Bristol Airport in Southwest England in December 2000. Joaquín Ayuso was appointed CEO of the Ferrovial group in January 2002; Santiago Bergareche remained on the Board and was appointed Vice Chairman. In June 2002, Ferrovial acquired the concession for Sydney airport, the largest airport in Australia.

The company then expanded in the United Kingdom acquiring Amey plc, a British contractor and major investor in Tube Lines, one of the two public–private partnership companies responsible for the maintenance of London Underground's lines and in April 2003 and Belfast City Airport in May 2003.

Acquisitions continued: the Texan group Webber, specializing in civil engineering infrastructure, recycling of aggregates and extraction and supply of sand in Texas and Swissport International were both bought in August 2005.


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